Joy City Property (HKSE:00207) Cash, Cash Equivalents, Marketable Securities : HK$21,255 Mil (As of Dec. 2023)

View and export this data going back to 1973. Start your Free Trial

What is Joy City Property Cash, Cash Equivalents, Marketable Securities?

Joy City Property's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (HK$18,867.31 Mil) to Jun. 2023 (HK$18,131.80 Mil) but then increased from Jun. 2023 (HK$18,131.80 Mil) to Dec. 2023 (HK$21,254.53 Mil).

Joy City Property's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (HK$12,676.79 Mil) to Dec. 2022 (HK$18,867.31 Mil) and increased from Dec. 2022 (HK$18,867.31 Mil) to Dec. 2023 (HK$21,254.53 Mil).

Joy City Property Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Joy City Property's Cash, Cash Equivalents, Marketable Securities 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.

Joy City Property Cash, Cash Equivalents, Marketable Securities Chart

Joy City Property Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

13,077.17

19,025.75

12,676.79

18,867.31

21,254.53

Joy City Property Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															12,676.79	15,172.24	18,867.31	18,131.80	21,254.53

Joy City Property Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Joy City Property (HKSE:00207) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Joy City Property Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Joy City Property's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Joy City Property (HKSE:00207) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Joy City Property Ltd (HKSE:00207) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

HKP:Germany

Address

262 Gloucester Road, 33rd Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG

Website

http://www.joy-cityproperty.com

Joy City Property Ltd is a large-scale commercial property developer and operator, working on the development, operation, sales, leasing and management of mixed-use complexes and other commercial properties such as shopping centers, hotels, offices, serviced apartments and resort and tourist properties in China. Rental income accounts for majority of the operating profit. The company's portfolio consists of various retail malls under the flagship brand of Joy City, and some office and hotel assets. Recently, it introduced a second brand called Joy Breeze, consisting of smaller retail assets. The businesses of the Group are divided into four areas, namely investment properties, property development, hotel operations and output management and other services.

Executives

Citigroup Inc.	2502 Approved lending agent
Gic Private Limited	2102 Investment manager
Cofco (hong Kong) Limited	2201 Interest of corporation controlled by you
Cofco Corporation	2201 Interest of corporation controlled by you
Vibrant Oak Limited	2201 Interest of corporation controlled by you
Zhong Liang Di Chan Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Achieve Bloom Limited	2101 Beneficial owner

Joy City Property (HKSE:00207) Headlines

No Headlines