Dexin Services Group (HKSE:02215) Cash And Cash Equivalents : HK$251 Mil (As of Dec. 2023)

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What is Dexin Services Group Cash And Cash Equivalents?

Dexin Services Group's quarterly cash and cash equivalents declined from Dec. 2022 (HK$234.35 Mil) to Jun. 2023 (HK$215.28 Mil) but then increased from Jun. 2023 (HK$215.28 Mil) to Dec. 2023 (HK$251.27 Mil).

Dexin Services Group's annual cash and cash equivalents increased from Dec. 2021 (HK$34.46 Mil) to Dec. 2022 (HK$234.35 Mil) and increased from Dec. 2022 (HK$234.35 Mil) to Dec. 2023 (HK$251.27 Mil).

Dexin Services Group Cash And Cash Equivalents Historical Data

The historical data trend for Dexin Services Group'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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Dexin Services Group Cash And Cash Equivalents Chart

Dexin Services Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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116.57

271.72

34.46

234.35

251.27

Dexin Services Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial					34.46	968.99	234.35	215.28	251.27

Dexin Services Group 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.

Dexin Services Group (HKSE:02215) 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.

Dexin Services Group Cash And Cash Equivalents Related Terms

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Dexin Services Group (HKSE:02215) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dexin Services Group Ltd (HKSE:02215) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2008-2010, Jinchang Road, Liangzhu Street, Room 488, Building 2, Zhejiang Province, Hangzhou, CHN

Website

https://www.dexinfuwu.com

Dexin Services Group Ltd is a property management service provider in Zhejiang province. It provides a wide range of services for both residential and non-residential properties through three business lines, namely, property management services, value-added services to non-property owners, and community value-added services.

Executives

Guotai Junan Securities Co., Ltd.	2201 Interest of corporation controlled by you
Huaan Fund Management Co., Ltd Representing Huaan-hmtz-qdii-single Asset Management Plan And Huaan-ry-qdii-single Asset Management Plan	2501 Other
Hu Yiping
Shengfu International Limited
Wei Peifen
Kaibang International Limited
Hong Kong Mei Lun Int'l Co., Limited
Jin Liang
Shen Yuehua
Hua An Ji Jin Guan Li You Xian Gong Si Dai Biao Hua An Ji Jin Hua Mei Tou Zi Hua An Ji Jin Nan Dou W	2501 Other

Dexin Services Group (HKSE:02215) Headlines

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