Shiyue Daotian Group Co (HKSE:09676) Cash, Cash Equivalents, Marketable Securities : HK$1,561 Mil (As of Dec. 2023)

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What is Shiyue Daotian Group Co Cash, Cash Equivalents, Marketable Securities?

Shiyue Daotian Group Co's quarterly cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$169.24 Mil) to Dec. 2022 (HK$134.41 Mil) but then increased from Dec. 2022 (HK$134.41 Mil) to Dec. 2023 (HK$1,561.06 Mil).

Shiyue Daotian Group Co's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$169.24 Mil) to Dec. 2022 (HK$134.41 Mil) but then increased from Dec. 2022 (HK$134.41 Mil) to Dec. 2023 (HK$1,561.06 Mil).

Shiyue Daotian Group Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Shiyue Daotian Group 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.

Shiyue Daotian Group Co Cash, Cash Equivalents, Marketable Securities Chart

Shiyue Daotian Group Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

52.30

169.24

134.41

1,561.06

Shiyue Daotian Group Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Cash, Cash Equivalents, Marketable Securities	52.30	169.24	134.41	1,561.06

Shiyue Daotian Group 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.

Shiyue Daotian Group Co (HKSE:09676) 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.

Shiyue Daotian Group Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Shiyue Daotian Group Co (HKSE:09676) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shiyue Daotian Group Co Ltd (HKSE:09676) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

2nd Floor, Building A, Yisha Wenxin Plaza, Chaoyang, Beijing, CHN

Website

https://www.shiyuedaotian.com

Shiyue Daotian Group Co Ltd is one of China's leading and rapidly growing pantry staple food companies, enjoying a robust multichannel brand presence. It has been dedicated to providing its consumers with pre-packaged premium rice, whole grain, bean, and dried food products.

Executives

Hsg Growth Vi Holdco Y, Ltd.
Shen Nan Peng
Zhou Kui
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Shenzhen Hongshan Yuechen Investment Partnership (limited Partnership)
Shenzhen Hongshan Yuchen Equity Investment Partnership (limited Partnership)
Shenzhen Hongshan Huanyu Investment Consulting Co., Ltd.
Shenzhen Hongshan Hanchen Equity Investment Partnership (limited Partnership)
Shenzhen Hongshan Antai Equity Investment Partnership (limited Partnership)
Hsg Holding Limited
Hsg Growth Vi Management, L.p.
Cheuk Hiu Kwong
Hongshan Capital Growth Fund Vi, L.p.
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Shiyue Daotian Group Co (HKSE:09676) Headlines

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