Deewin Tianxia Co (HKSE:02418) Cash, Cash Equivalents, Marketable Securities : HK$1,191 Mil (As of Dec. 2023)

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What is Deewin Tianxia Co Cash, Cash Equivalents, Marketable Securities?

Deewin Tianxia Co's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (HK$1,383.87 Mil) to Jun. 2023 (HK$1,370.20 Mil) but then stayed the same from Jun. 2023 (HK$1,370.20 Mil) to Dec. 2023 (HK$1,191.32 Mil).

Deewin Tianxia Co's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (HK$710.63 Mil) to Dec. 2022 (HK$1,383.87 Mil) but then declined from Dec. 2022 (HK$1,383.87 Mil) to Dec. 2023 (HK$1,191.32 Mil).

Deewin Tianxia Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Deewin Tianxia 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.

Deewin Tianxia Co Cash, Cash Equivalents, Marketable Securities Chart

Deewin Tianxia Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

1,117.73

850.23

710.63

1,383.87

1,191.32

Deewin Tianxia Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			710.63	1,086.21	1,383.87	1,370.20	1,191.32

Deewin Tianxia 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.

Deewin Tianxia Co (HKSE:02418) 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.

Deewin Tianxia Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Deewin Tianxia Co (HKSE:02418) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Deewin Tianxia Co Ltd (HKSE:02418) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 West Section of Xijin Road, Building 1, Jingwei Centre, 16th Floor, Unit 1, Economic and Technological Development Zone, Jingwei New City, Shaanxi, Xi’an, CHN

Website

http://www.deewintx.com

Deewin Tianxia Co Ltd is principally engaged in the business of logistics and supply chain service including supply chain business, automobile sales business and aftermarket product business, supply chain financial service including financial leasing business, factoring business and insurance brokerage business, and internet of vehicle and data service in China to players along the commercial automobile industry chain. Commercial automobiles, mainly include trucks, pickups, trailers, buses and lorries.

Executives

Jian Xin Xin Tuo Jian Hang Hao Dan Yi Zi Jin Xin Tuo Ji Hua
Hai Nan Tian Kun Tian Zhi Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Hai Nan Tian Kun Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Guo Ji Xin Tuo You Xian Gong Si	2301 Trustee
Guo Tou Tai Kang Xin Tuo You Xian Gong Si	2301 Trustee
Hwabao Trust Co., Ltd	2301 Trustee
Shan Xi Qi Che Kong Gu Ji Tuan You Xian Gong Si
Shan Xi Qi Che Ji Tuan Gu Fen You Xian Gong Si
Shan Xi Zhong Xing Qi Che You Xian Gong Si

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