Huabang Technology Holdings (HKSE:03638) Cash And Cash Equivalents : HK$35.9 Mil (As of Sep. 2023)

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What is Huabang Technology Holdings Cash And Cash Equivalents?

Huabang Technology Holdings's quarterly cash and cash equivalents declined from Sep. 2022 (HK$61.07 Mil) to Mar. 2023 (HK$30.96 Mil) but then increased from Mar. 2023 (HK$30.96 Mil) to Sep. 2023 (HK$35.91 Mil).

Huabang Technology Holdings's annual cash and cash equivalents declined from Mar. 2021 (HK$68.29 Mil) to Mar. 2022 (HK$46.66 Mil) and declined from Mar. 2022 (HK$46.66 Mil) to Mar. 2023 (HK$30.96 Mil).

Huabang Technology Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Huabang Technology 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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Huabang Technology Holdings Cash And Cash Equivalents Chart

Huabang Technology Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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201.70

117.68

68.29

46.66

30.96

Huabang Technology Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															87.87	46.66	61.07	30.96	35.91

Huabang Technology 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.

Huabang Technology Holdings (HKSE:03638) 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.

Huabang Technology Holdings Cash And Cash Equivalents Related Terms

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Huabang Technology Holdings (HKSE:03638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Huabang Technology Holdings Ltd (HKSE:03638) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Wang Chiu Road, 33rd Floor, Enterprise Square Three, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.huabangfinancial.com

Huabang Technology Holdings Ltd is an investment holding company. The operating segments of the company include the Trading segment (Computer and peripheral products business and electronics products), the Food trading business, and the Financial Services business (including securities brokerage business, advisory services business, and money lending business). The company generates maximum revenue from the Computer and peripheral products business segment.

Executives

Cheung Lit Wan Kenneth	2201 Interest of corporation controlled by you
Talent Virtue International Limited	2101 Beneficial owner
Forever Star Capital Limited	2101 Beneficial owner
Shen Wei	2201 Interest of corporation controlled by you
Luo Jian	2101 Beneficial owner
Lin Rui Ping	2101 Beneficial owner
Lu George	2202 Interest of your spouse
Xin Bang Jin Rong Ji Tuan You Xian Gong Si	2101 Beneficial owner
China Goldjoy Securities Limited

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