Beijing Jingkelong Co (HKSE:00814) Cash, Cash Equivalents, Marketable Securities : HK$918 Mil (As of Dec. 2023)

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What is Beijing Jingkelong Co Cash, Cash Equivalents, Marketable Securities?

Beijing Jingkelong Co's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$821.14 Mil) to Jun. 2023 (HK$1,332.17 Mil) but then stayed the same from Jun. 2023 (HK$1,332.17 Mil) to Dec. 2023 (HK$917.97 Mil).

Beijing Jingkelong Co's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$1,247.07 Mil) to Dec. 2022 (HK$821.14 Mil) but then increased from Dec. 2022 (HK$821.14 Mil) to Dec. 2023 (HK$917.97 Mil).

Beijing Jingkelong Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Beijing Jingkelong Co'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.

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Beijing Jingkelong Co Cash, Cash Equivalents, Marketable Securities Chart

Beijing Jingkelong Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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962.36

1,223.82

1,247.07

821.14

917.97

Beijing Jingkelong Co 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															1,247.07	1,591.39	821.14	1,332.17	917.97

Beijing Jingkelong Co 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.

Beijing Jingkelong Co (HKSE:00814) 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.

Beijing Jingkelong Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Beijing Jingkelong Co (HKSE:00814) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Beijing Jingkelong Co Ltd (HKSE:00814) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

G2M:Germany

Address

XinYuan Street, Block No. 45, Chaoyang District, Beijing, CHN

Website

https://www.jkl.com.cn

Beijing Jingkelong Co Ltd is engaged in the retail and wholesale distribution of daily consumer products in the region covering Beijing City and certain parts of its periphery. The company operates in three business segments including Retailing segment which mainly engages in the distribution of food, untagged food, daily necessities, drinks and cigarettes, hardware, and household appliances; Wholesaling segment is engaged in the wholesale supply of daily consumer products, including food, untagged food, beverages, drinks, cigarettes, and daily necessities and Other segment comprises, selling plastic packing products, hotel services, and school training services. It derives the majority of its revenue from the Wholesaling segment.

Executives

China Galaxy International Asset Management (hong Kong) Co., Limited	2102 Investment manager
China Galaxy International Spc (acting For And On Behalf Of China Galaxy Value Fund I Sp)	2201 Interest of corporation controlled by you

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