Oriental Explorer Holdings (HKSE:00430) Cash, Cash Equivalents, Marketable Securities : HK$159.05 Mil (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Oriental Explorer Holdings Cash, Cash Equivalents, Marketable Securities?

Oriental Explorer Holdings's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$173.85 Mil) to Jun. 2023 (HK$182.72 Mil) but then stayed the same from Jun. 2023 (HK$182.72 Mil) to Dec. 2023 (HK$159.05 Mil).

Oriental Explorer Holdings's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (HK$171.18 Mil) to Dec. 2022 (HK$173.85 Mil) but then declined from Dec. 2022 (HK$173.85 Mil) to Dec. 2023 (HK$159.05 Mil).

Oriental Explorer Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Oriental Explorer Holdings'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.

Oriental Explorer Holdings Cash, Cash Equivalents, Marketable Securities Chart

Oriental Explorer Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

762.16

161.21

171.18

173.85

159.05

Oriental Explorer Holdings 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															171.18	174.31	173.85	182.72	159.05

Oriental Explorer Holdings 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.

Oriental Explorer Holdings (HKSE:00430) 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.

Oriental Explorer Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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

Oriental Explorer Holdings (HKSE:00430) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Oriental Explorer Holdings Ltd (HKSE:00430) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Yip Hing Street, Units 22-28, 25th Floor, Tower A, Southmark, Wong Chuk Hang, Hong Kong, HKG

Website

Oriental Explorer Holdings Ltd is an investment holding company. Its principal activities include property investment and investment holding. Its investment properties mainly comprise office, industrial and residential units in Hong Kong. The company has one operating segment which is the Property Investment segment. The property investment segment comprises rental income from investment properties. The Property Investment segment contributes to the majority of the revenue. The majority of its revenues are generated in Hong Kong.

Executives

Desert Prince Limited	2201 Interest of corporation controlled by you
Limitless Investment Limited	2101 Beneficial owner
Lucky Speculator Limited	2201 Interest of corporation controlled by you
Multifield International Holdings (b.v.i.) Limited	2201 Interest of corporation controlled by you
Multifield International Holdings Limited	2201 Interest of corporation controlled by you
Power Resources Holdings Limited	2201 Interest of corporation controlled by you
Lau Chi Yung	2201 Interest of corporation controlled by you

Oriental Explorer Holdings (HKSE:00430) Headlines

No Headlines