Beisen Holding (HKSE:09669) Cash, Cash Equivalents, Marketable Securities : HK$1,743.7 Mil (As of Sep. 2023)

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What is Beisen Holding Cash, Cash Equivalents, Marketable Securities?

Beisen Holding's quarterly cash, cash equivalents, marketable securities increased from Sep. 2022 (HK$1,771.49 Mil) to Mar. 2023 (HK$1,834.85 Mil) but then stayed the same from Mar. 2023 (HK$1,834.85 Mil) to Sep. 2023 (HK$1,743.74 Mil).

Beisen Holding's annual cash, cash equivalents, marketable securities increased from Mar. 2021 (HK$531.33 Mil) to Mar. 2022 (HK$2,190.76 Mil) but then declined from Mar. 2022 (HK$2,190.76 Mil) to Mar. 2023 (HK$1,834.85 Mil).

Beisen Holding Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Beisen Holding'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.

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Beisen Holding Cash, Cash Equivalents, Marketable Securities Chart

Beisen Holding Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

652.19

512.12

531.33

2,190.76

1,834.85

Beisen Holding Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			-	2,190.76	1,771.49	1,834.85	1,743.74

Beisen Holding 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.

Beisen Holding (HKSE:09669) 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.

Beisen Holding Cash, Cash Equivalents, Marketable Securities Related Terms

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Beisen Holding (HKSE:09669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beisen Holding Ltd (HKSE:09669) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

U8V:Germany

Address

No. 35 Shangdi East Road, Room 710, Building 1. Block B, Yiquanhui Building, Haidian District, Beijing, CHN

Website

https://www.beisen.com

Beisen Holding Ltd is an investment holding company. The company and its subsidiaries are primarily engaged in providing cloud-based human capital management (HCM) solutions in the People's Republic of China which enables customers to recruit, evaluate, manage, develop, and retain talents efficiently. Its platform iTalentX delivers cloud-native SaaS products, namely cloud-based HCM solutions, for enterprises to recruit, evaluate, manage, and retain talents. Its platform offers a full suite of cloud-based applications covering an organization's HCM needs throughout the entire employee lifecycle.

Executives

Zuo Lingye	2201 Interest of corporation controlled by you
Hangzhou Jingwei Tengchuang Investment Management Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Jingwei Chuangda (hangzhou) Venture Capital Investment L.p.	2101 Beneficial owner
Shanghai Jingwei Equity Investment Management Co., Ltd.	2201 Interest of corporation controlled by you
Shanghai Changchuang Investment Management Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Shanghai Chuangji Investment Center L.p.	2101 Beneficial owner
Shanghai Jingsheng Investment Management Co., Ltd.	2201 Interest of corporation controlled by you
Tsing Young Holding Limited	2201 Interest of corporation controlled by you
Hong Jing	2201 Interest of corporation controlled by you
Wang Zhaohui	2201 Interest of corporation controlled by you
Ji Weiguo	2101 Beneficial owner
Chuang Xin Zi Ben Xiang Gang You Xian Gong Si	2201 Interest of corporation controlled by you
Shenzhen Capital Group Co., Ltd.	2201 Interest of corporation controlled by you
Scgc Capital Holding Company Limited	2201 Interest of corporation controlled by you
Tianjin Hongshan Juye Equity Investment Partnership (limited Partnership)	2201 Interest of corporation controlled by you

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