Want Want China Holdings (Want Want China Holdings) Cash And Cash Equivalents : $896 Mil (As of Sep. 2023)

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What is Want Want China Holdings Cash And Cash Equivalents?

Want Want China Holdings's quarterly cash and cash equivalents declined from Sep. 2022 ($1,233.94 Mil) to Mar. 2023 ($1,147.54 Mil) but then stayed the same from Mar. 2023 ($1,147.54 Mil) to Sep. 2023 ($896.50 Mil).

Want Want China Holdings's annual cash and cash equivalents declined from Mar. 2021 ($2,469.87 Mil) to Mar. 2022 ($1,775.66 Mil) and declined from Mar. 2022 ($1,775.66 Mil) to Mar. 2023 ($1,147.54 Mil).

Want Want China Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Want Want China Holdings's Cash And Cash Equivalents 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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Want Want China Holdings Cash And Cash Equivalents Chart

Want Want China Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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2,556.72

2,458.08

2,469.87

1,775.66

1,147.54

Want Want China Holdings Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															2,136.71	1,775.66	1,233.94	1,147.54	896.50

Want Want China Holdings Cash And Cash Equivalents 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.

Want Want China Holdings (OTCPK:WWNTY) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Want Want China Holdings Cash And Cash Equivalents Related Terms

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Want Want China Holdings (Want Want China Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Want Want China Holdings Ltd (OTCPK:WWNTY) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

WWNTF:USA 00151:Hong Kong 4HQ:Germany

Address

No. 18 Sheung Yuet Road, Units 07-08, 7th Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.want-want.com

Want Want is major player in the China packaged food and beverage sector. The company was founded in 1962 in Taiwan and entered the mainland Chinese market in 1989. Its flagship products, such as Hot-Kid milk and Want Want rice crackers, are market leaders in the respective sub-segments. With a primary focus in mainland China, the company also exports to overseas markets. As at March 2021, Want Want China had 422 sales offices, 35 production bases and 81 factories on the Chinese mainland and worked with around 9,000 distributors.