Ten Pao Group Holdings (HKSE:01979) Cash And Cash Equivalents : HK$150 Mil (As of Dec. 2023)

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What is Ten Pao Group Holdings Cash And Cash Equivalents?

Ten Pao Group Holdings's quarterly cash and cash equivalents declined from Dec. 2022 (HK$341.39 Mil) to Jun. 2023 (HK$111.00 Mil) but then increased from Jun. 2023 (HK$111.00 Mil) to Dec. 2023 (HK$150.48 Mil).

Ten Pao Group Holdings's annual cash and cash equivalents increased from Dec. 2021 (HK$288.44 Mil) to Dec. 2022 (HK$341.39 Mil) but then declined from Dec. 2022 (HK$341.39 Mil) to Dec. 2023 (HK$150.48 Mil).

Ten Pao Group Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Ten Pao Group Holdings's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ten Pao Group Holdings Cash And Cash Equivalents Chart

Ten Pao Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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158.03

426.57

288.44

341.39

150.48

Ten Pao Group Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial														288.44	220.27	341.39	111.00	150.48

Ten Pao Group Holdings Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Ten Pao Group Holdings (HKSE:01979) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Ten Pao Group Holdings Cash And Cash Equivalents Related Terms

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Ten Pao Group Holdings (HKSE:01979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ten Pao Group Holdings Ltd (HKSE:01979) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

151-153 Hoi Bun Road, Rooms 610-612, 6th Floor, Kwong Sang Hong Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.tenpao.com

Ten Pao Group Holdings Ltd is an investment holding company. It is engaged in the sales and manufacturing of switching power supply units for consumer products and smart chargers and controllers for industrial use. The operating segments of the company are telecommunication, media and entertainment, electrical home appliances, lighting, smart chargers and controllers, and others. Some of its products are USB chargers, wireless chargers, adapters, open frame power supply, led drivers, smart charger and controllers, and power saver. Geographically, the group has a business presence in the PRC, Europe, Asia, the U.S., Africa and Other regions, of which prime revenue is derived from the PRC.

Executives

Hung Kwong Yee	2201 Interest of corporation controlled by you
Even Joy Holdings Limited
Vistra Trust (bvi) Limited
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Fidelity China Special Situations Plc	2101 Beneficial owner

Ten Pao Group Holdings (HKSE:01979) Headlines

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