Shanghai Chicmax Cosmetic Co (HKSE:02145) Cash, Cash Equivalents, Marketable Securities : HK$1,000 Mil (As of Dec. 2023)

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What is Shanghai Chicmax Cosmetic Co Cash, Cash Equivalents, Marketable Securities?

Shanghai Chicmax Cosmetic Co's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (HK$1,281.66 Mil) to Jun. 2023 (HK$873.94 Mil) but then increased from Jun. 2023 (HK$873.94 Mil) to Dec. 2023 (HK$1,000.26 Mil).

Shanghai Chicmax Cosmetic Co's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (HK$192.56 Mil) to Dec. 2022 (HK$1,281.66 Mil) but then declined from Dec. 2022 (HK$1,281.66 Mil) to Dec. 2023 (HK$1,000.26 Mil).

Shanghai Chicmax Cosmetic Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Shanghai Chicmax Cosmetic 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.

* Premium members only.

Shanghai Chicmax Cosmetic Co Cash, Cash Equivalents, Marketable Securities Chart

Shanghai Chicmax Cosmetic Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

149.32

187.85

192.56

1,281.66

1,000.26

Shanghai Chicmax Cosmetic Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			192.56	182.38	1,281.66	873.94	1,000.26

Shanghai Chicmax Cosmetic 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.

Shanghai Chicmax Cosmetic Co (HKSE:02145) 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.

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Shanghai Chicmax Cosmetic Co (HKSE:02145) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shanghai Chicmax Cosmetic Co Ltd (HKSE:02145) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3300 Zhongshan North Road, 25 Floor, Building B, Putuo District, Shanghai, CHN

Website

http://www.chicmaxgroup.com

Shanghai Chicmax Cosmetic Co Ltd is a China-based multi-brand cosmetics company mainly engaged in the research, development, production, and sales of skincare and maternity and childcare products. It offers a wide range of cosmetics products under various brands, primarily including KANS, One Leaf, and Baby Elephant. The company's products include skin care products, maternal and childcare products, toiletries, and others. The company also operates brands such as BIO-G, KYOCA, ARMIYO, TAZU, and others.

Executives

Lyu Yixiong	2201 Interest of corporation controlled by you
Shanghai Hongyin Investment Co., Ltd.	2101 Beneficial owner
Shanghai Nanyin Investment Co., Ltd.	2101 Beneficial owner
China International Capital Corporation Limited	2201 Interest of corporation controlled by you
China International Capital Corporation (international) Limited	2201 Interest of corporation controlled by you
China International Capital Corporation Hong Kong Securities Limited	2105 Underwriter

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