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Zhi Sheng Group Holdings (HKSE:08370) Cash And Cash Equivalents : HK$38.07 Mil (As of Dec. 2023)


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What is Zhi Sheng Group Holdings Cash And Cash Equivalents?

Zhi Sheng Group Holdings's quarterly cash and cash equivalents declined from Jun. 2023 (HK$36.93 Mil) to Sep. 2023 (HK$0.00 Mil) but then increased from Sep. 2023 (HK$0.00 Mil) to Dec. 2023 (HK$38.07 Mil).

Zhi Sheng Group Holdings's annual cash and cash equivalents declined from Dec. 2020 (HK$76.52 Mil) to Jun. 2022 (HK$33.92 Mil) but then increased from Jun. 2022 (HK$33.92 Mil) to Jun. 2023 (HK$36.93 Mil).


Zhi Sheng Group Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Zhi Sheng 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.

* Premium members only.

Zhi Sheng Group Holdings Cash And Cash Equivalents Chart

Zhi Sheng Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun22 Jun23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only 42.53 54.61 76.52 33.92 36.93

Zhi Sheng Group Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.93 - 36.93 - 38.07

Zhi Sheng 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.


Zhi Sheng Group Holdings  (HKSE:08370) 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.


Zhi Sheng Group Holdings Cash And Cash Equivalents Related Terms

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Zhi Sheng Group Holdings (HKSE:08370) Business Description

Traded in Other Exchanges
N/A
Address
222 Tianren Road, 3rd Floor, Gaoxin District, Sichuan Province, Chengdu, CHN
Zhi Sheng Group Holdings Ltd is an investment holding company. It is engaged in the manufacturing and selling of office furniture products. The segments of the group are the Office furniture segment, the Buildout management service segment and the Data centre segment. It generates the majority of its revenue from the Office furniture segment. The group carries out its business operations principally in the PRC.
Executives
Ma Gary Ming Fai 2201 Interest of corporation controlled by you
Sun Universal Limited 2101 Beneficial owner
Billion Eggs Limited 2101 Beneficial owner
Sardjono Grace Wahyuni 2201 Interest of corporation controlled by you
Fang Yan Zau Alexander 2201 Interest of corporation controlled by you
Rock Link Limited 2101 Beneficial owner
Brilliant Talent Global Limited 2101 Beneficial owner
Yi Cong 2202 Interest of your spouse
Zhang Gui Hong 2201 Interest of corporation controlled by you
Even Joy Holdings Limited 2101 Beneficial owner
Hung Kwong Yee 2201 Interest of corporation controlled by you
Tsoi Tak
Lai Ningning 2101 Beneficial owner

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