Luyuan Group Holding (Cayman) (HKSE:02451) Cash, Cash Equivalents, Marketable Securities : HK$2,138 Mil (As of Dec. 2023)

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What is Luyuan Group Holding (Cayman) Cash, Cash Equivalents, Marketable Securities?

Luyuan Group Holding (Cayman)'s quarterly cash, cash equivalents, marketable securities increased from Dec. 2021 (HK$993.04 Mil) to Dec. 2022 (HK$1,367.81 Mil) and increased from Dec. 2022 (HK$1,367.81 Mil) to Dec. 2023 (HK$2,138.02 Mil).

Luyuan Group Holding (Cayman)'s annual cash, cash equivalents, marketable securities increased from Dec. 2021 (HK$993.04 Mil) to Dec. 2022 (HK$1,367.81 Mil) and increased from Dec. 2022 (HK$1,367.81 Mil) to Dec. 2023 (HK$2,138.02 Mil).

Luyuan Group Holding (Cayman) Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Luyuan Group Holding (Cayman)'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.

Luyuan Group Holding (Cayman) Cash, Cash Equivalents, Marketable Securities Chart

Luyuan Group Holding (Cayman) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

515.39

993.04

1,367.81

2,138.02

Luyuan Group Holding (Cayman) Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Cash, Cash Equivalents, Marketable Securities	515.39	993.04	1,367.81	2,138.02

Luyuan Group Holding (Cayman) 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.

Luyuan Group Holding (Cayman) (HKSE:02451) 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.

Luyuan Group Holding (Cayman) Cash, Cash Equivalents, Marketable Securities Related Terms

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Luyuan Group Holding (Cayman) (HKSE:02451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Luyuan Group Holding (Cayman) Ltd (HKSE:02451) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168 Shicheng Street, Jinhua Industry Zone, Zhejiang, Jinhua, CHN

Website

https://www.luyuan.cn

Luyuan Group Holding (Cayman) Ltd is an electric two-wheeled vehicle provider in mainland China, focusing on the design, research and development, manufacturing and selling of electric two-wheeled vehicles. It has built an offline sales and distribution network and embraced informatization and established online retail channels, continuously improving the penetration and coverage of its products.

Executives

Dingman David Ross	2201 Interest of corporation controlled by you
Shipston Electric Vehicle Limited	2101 Beneficial owner
Shipston Evl Holdings Limited	2201 Interest of corporation controlled by you
Shipston Group Limited	2201 Interest of corporation controlled by you
Stonor Group Limited	2201 Interest of corporation controlled by you
Dingman David Ross	2201 Interest of corporation controlled by you
Hu Jihong	2201 Interest of corporation controlled by you
Ni Jie	2201 Interest of corporation controlled by you
Apex Marine Investments Limited	2101 Beneficial owner
Drago Investments Limited	2101 Beneficial owner

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