China Kepei Education Group (HKSE:01890) Cash, Cash Equivalents, Marketable Securities : HK$956 Mil (As of Feb. 2024)

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What is China Kepei Education Group Cash, Cash Equivalents, Marketable Securities?

China Kepei Education Group's quarterly cash, cash equivalents, marketable securities declined from Feb. 2023 (HK$1,478.09 Mil) to Aug. 2023 (HK$1,155.03 Mil) but then stayed the same from Aug. 2023 (HK$1,155.03 Mil) to Feb. 2024 (HK$955.57 Mil).

China Kepei Education Group's annual cash, cash equivalents, marketable securities declined from Dec. 2020 (HK$1,723.66 Mil) to Aug. 2022 (HK$1,399.98 Mil) and declined from Aug. 2022 (HK$1,399.98 Mil) to Aug. 2023 (HK$1,155.03 Mil).

China Kepei Education Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for China Kepei Education Group'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.

China Kepei Education Group Cash, Cash Equivalents, Marketable Securities Chart

China Kepei Education Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Aug22

Aug23

Cash, Cash Equivalents, Marketable Securities

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771.33

1,539.73

1,723.66

1,399.98

1,155.03

China Kepei Education Group Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial										1,892.76	1,399.98	1,478.09	1,155.03	955.57

China Kepei Education Group 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.

China Kepei Education Group (HKSE:01890) 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.

China Kepei Education Group Cash, Cash Equivalents, Marketable Securities Related Terms

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China Kepei Education Group (HKSE:01890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Kepei Education Group Ltd (HKSE:01890) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

9CK:Germany

Address

Qifu Road, Gaoyao District, Guangdong Province, Zhaoqing, CHN

Website

http://www.chinakepeiedu.com

China Kepei Education Group Ltd is a provider of private vocational education services in China focusing on profession-oriented and vocational education. It earns revenues from tuition fees, higher education program, Secondary vocational education, Boarding fees and other educational services. The company-operated schools include Guangdong Polytechnic College, an undergraduate-level higher education institution; and Zhaoqing Science and Technology Secondary Vocational School both located in Zhaoqing, Guangdong Province. The Company operates and Generates revenue from China.

Executives

Ye Nianqiao	2307 Founder of a discretionary trust who can infl
Ye Xun	2101 Beneficial owner
Cantrust (far East) Limited	2301 Trustee
Qiaoge Company Limited	2101 Beneficial owner
Ye Liya Limited	2201 Interest of corporation controlled by you
Shu Liping	2202 Interest of your spouse
Huanleye Limited	2201 Interest of corporation controlled by you
Weixin Company Limited	2101 Beneficial owner
Ye Nianjiu	2307 Founder of a discretionary trust who can infl
Ye Kasi Limited	2201 Interest of corporation controlled by you
Chenye Company Limited	2101 Beneficial owner
Shuye Company Limited	2101 Beneficial owner
Shu Feiya Limited	2201 Interest of corporation controlled by you
Areo Holdings Limited	2201 Interest of corporation controlled by you
Skyline Miracle Limited	2101 Beneficial owner

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