Jia Yao Holdings (HKSE:01626) Cash, Cash Equivalents, Marketable Securities : HK$340 Mil (As of Dec. 2023)

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What is Jia Yao Holdings Cash, Cash Equivalents, Marketable Securities?

Jia Yao Holdings's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$297.69 Mil) to Jun. 2023 (HK$357.07 Mil) but then stayed the same from Jun. 2023 (HK$357.07 Mil) to Dec. 2023 (HK$340.34 Mil).

Jia Yao Holdings's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (HK$80.62 Mil) to Dec. 2022 (HK$297.69 Mil) and increased from Dec. 2022 (HK$297.69 Mil) to Dec. 2023 (HK$340.34 Mil).

Jia Yao Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Jia Yao 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.

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Jia Yao Holdings Cash, Cash Equivalents, Marketable Securities Chart

Jia Yao Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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84.46

83.20

80.62

297.69

340.34

Jia Yao 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															80.62	93.71	297.69	357.07	340.34

Jia Yao 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.

Jia Yao Holdings (HKSE:01626) 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.

Jia Yao Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Jia Yao Holdings (HKSE:01626) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Jia Yao Holdings Ltd (HKSE:01626) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 6 Qingdao Road, Dongshan Economic Developing District, Hubei Province, Yichang, CHN

Website

http://www.jiayaoholdings.com/en

Jia Yao Holdings Ltd is involved in the business of design, printing and sales of paper cigarette packages and social product paper packages. The segments of the group are Paper cigarette packages; Social product paper packages; Electronic cigarettes and Trading goods. It derives key revenue from the Paper cigarette packages segment which involves the design, printing and sale of paper cigarette packages. The company manufactures various types of paper cigarette packages for customers, which can be broadly divided into Hard and soft cigarette packets; Cigarette cartons; and Gift sets designed to pack and carry various sets of cigarette packets. Social product paper packages segment involves the design, printing and sale of packages for alcohol, medicines and food, among others.

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