Zhong An Intelligent Living Service (HKSE:02271) Cash, Cash Equivalents, Marketable Securities : HK$45.5 Mil (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Zhong An Intelligent Living Service Cash, Cash Equivalents, Marketable Securities?

Zhong An Intelligent Living Service's quarterly cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$61.50 Mil) to Jun. 2022 (HK$43.42 Mil) but then increased from Jun. 2022 (HK$43.42 Mil) to Jun. 2023 (HK$45.51 Mil).

Zhong An Intelligent Living Service's annual cash, cash equivalents, marketable securities declined from Dec. 2020 (HK$155.55 Mil) to Dec. 2021 (HK$61.50 Mil) and declined from Dec. 2021 (HK$61.50 Mil) to Dec. 2022 (HK$49.94 Mil).

Zhong An Intelligent Living Service Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Zhong An Intelligent Living Service'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.

Zhong An Intelligent Living Service Cash, Cash Equivalents, Marketable Securities Chart

Zhong An Intelligent Living Service Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

63.61

155.55

61.50

49.94

193.93

Zhong An Intelligent Living Service Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			-	61.50	43.42	45.51	193.93

Zhong An Intelligent Living Service 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.

Zhong An Intelligent Living Service (HKSE:02271) 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.

Zhong An Intelligent Living Service Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Zhong An Intelligent Living Service's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhong An Intelligent Living Service (HKSE:02271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhong An Intelligent Living Service Ltd (HKSE:02271) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 996, Xiaoshao Road, 3rd Floor, Hangzhou, Zhejiang Province, Xiaoshan, CHN

Website

http://www.zazhsh.com

Zhong An Intelligent Living Service Ltd is a integrated property management service provider.

Executives

Whole Good Management Limited	2201 Interest of corporation controlled by you
Zhong An Group Limited	2201 Interest of corporation controlled by you
Zhong An Service Holding Limited	2101 Beneficial owner
Shi Zhongan	2201 Interest of corporation controlled by you
Orient Asset Management (hong Kong) Limited	2102 Investment manager
Orient Finance Holdings (hong Kong) Limited	2201 Interest of corporation controlled by you
Orient Securities Company Limited	2201 Interest of corporation controlled by you
Orient Securities International Financial Group Limited	2201 Interest of corporation controlled by you

Zhong An Intelligent Living Service (HKSE:02271) Headlines

No Headlines