Beauty Farm Medical & Health Industry (HKSE:02373) Cash, Cash Equivalents, Marketable Securities : HK$1,722 Mil (As of Dec. 2023)

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What is Beauty Farm Medical & Health Industry Cash, Cash Equivalents, Marketable Securities?

Beauty Farm Medical & Health Industry's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$1,016.91 Mil) to Jun. 2023 (HK$1,608.93 Mil) and increased from Jun. 2023 (HK$1,608.93 Mil) to Dec. 2023 (HK$1,721.80 Mil).

Beauty Farm Medical & Health Industry's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$1,326.86 Mil) to Dec. 2022 (HK$1,016.91 Mil) but then increased from Dec. 2022 (HK$1,016.91 Mil) to Dec. 2023 (HK$1,721.80 Mil).

Beauty Farm Medical & Health Industry Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Beauty Farm Medical & Health Industry'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.

Beauty Farm Medical & Health Industry Cash, Cash Equivalents, Marketable Securities Chart

Beauty Farm Medical & Health Industry Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

516.00

950.63

1,326.86

1,016.91

1,721.80

Beauty Farm Medical & Health Industry Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			1,326.86	1,007.42	1,016.91	1,608.93	1,721.80

Beauty Farm Medical & Health Industry 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.

Beauty Farm Medical & Health Industry (HKSE:02373) 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.

Beauty Farm Medical & Health Industry Cash, Cash Equivalents, Marketable Securities Related Terms

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Beauty Farm Medical & Health Industry (HKSE:02373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Beauty Farm Medical & Health Industry Inc (HKSE:02373) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

XC5:Germany

Address

No.1089 Dongdaming Road, Unit 1206, 12th Floor, Hongkou District, Shanghai, CHN

Website

https://www.beautyfarm.com.cn

Beauty Farm Medical & Health Industry Inc is an investment holding company. The Company and its subsidiaries are principally engaged in providing beauty and health management service, including traditional beauty services, aesthetic medical services as well as subhealth assessment and intervention services in the People's Republic of China.

Executives

Li Yang	2202 Interest of your spouse
Li Fangyu	2101 Beneficial owner
Lian Songyong	2103 Interests held jointly with another person
Chen Xiaomei	2101 Beneficial owner
Trident Trust Company (hk) Limited	2201 Interest of corporation controlled by you
Shang Hai Pan Xin Yan Zhao Tou Zi Zi Xun You Xian Gong Si
Shang Hai Pan Xin Jia Ceng Tou Zi Guan Li You Xian Gong Si
Shang Hai You De Gu Quan Tou Zi Zhong Xin You Xian He Huo
Shang Hai Xin Zhi Yu Yuan Qi Ye Guan Li He Huo Qi Ye You Xian He Huo
Shang Hai Pan Nuo Qi Ye Guan Li Fu Wu You Xian Gong Si
Bei Jing You De Tou Zi Guan Li Zhong Xin You Xian He Huo
Bei Jing Xin Yu Tou Zi Zhong Xin You Xian He Huo
Zhong Xin Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si
Liansy Family Holdings Limited	2201 Interest of corporation controlled by you
Lfye Management Holdings Limited	2201 Interest of corporation controlled by you

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