Neo-Neon Holdings (HKSE:01868) Cash, Cash Equivalents, Marketable Securities : HK$562.7 Mil (As of Dec. 2023)

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What is Neo-Neon Holdings Cash, Cash Equivalents, Marketable Securities?

Neo-Neon Holdings's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (HK$894.78 Mil) to Jun. 2023 (HK$449.53 Mil) but then increased from Jun. 2023 (HK$449.53 Mil) to Dec. 2023 (HK$562.74 Mil).

Neo-Neon Holdings's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (HK$875.32 Mil) to Dec. 2022 (HK$894.78 Mil) but then declined from Dec. 2022 (HK$894.78 Mil) to Dec. 2023 (HK$562.74 Mil).

Neo-Neon Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Neo-Neon 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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Neo-Neon Holdings Cash, Cash Equivalents, Marketable Securities Chart

Neo-Neon Holdings Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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459.61

535.51

875.32

894.78

562.74

Neo-Neon Holdings Semi-Annual Data
	Mar14	Sep14	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															875.32	817.44	894.78	449.53	562.74

Neo-Neon 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.

Neo-Neon Holdings (HKSE:01868) 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.

Neo-Neon Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Neo-Neon Holdings (HKSE:01868) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Neo-Neon Holdings Ltd (HKSE:01868) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

911868:Taiwan

Address

188 Des Voeux Road Central, Unit 2101, 21st Floor, Golden Centre, Hong Kong, HKG

Website

http://www.neo-neon.com

Neo-Neon Holdings Ltd is a manufacturer and distributor of LED decorative lighting products. The company's product portfolio is divided into LED decorative lighting, Commercial lighting, Professional lighting, Professional architectural lighting, Industrial lighting, Landscape lighting, and other products. Its segments include the PRC lighting segment, which consists of research and development, manufacture of lighting products in China, and distribution of lighting products in China and overseas; and the USA lighting segment consists of the provision of lighting solutions and trading of lighting products in the USA. Its geographical segments include North America, which generates the vast majority of the company's revenue; Europe; The PRC; Asia (excluding the PRC); and Other countries.

Executives

Resuccess Investments Limited	2101 Beneficial owner
Thtf Energy-saving Holdings Limited	2101 Beneficial owner
Li Pak Wang Daniel	2201 Interest of corporation controlled by you
Tong Fang Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

Neo-Neon Holdings (HKSE:01868) Headlines

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