BII Railway Transportation Technology Holdings Co (HKSE:01522) Cash And Cash Equivalents : HK$568 Mil (As of Dec. 2023)

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What is BII Railway Transportation Technology Holdings Co Cash And Cash Equivalents?

BII Railway Transportation Technology Holdings Co's quarterly cash and cash equivalents declined from Dec. 2022 (HK$667.37 Mil) to Jun. 2023 (HK$562.74 Mil) but then increased from Jun. 2023 (HK$562.74 Mil) to Dec. 2023 (HK$568.33 Mil).

BII Railway Transportation Technology Holdings Co's annual cash and cash equivalents declined from Dec. 2021 (HK$848.04 Mil) to Dec. 2022 (HK$667.37 Mil) and declined from Dec. 2022 (HK$667.37 Mil) to Dec. 2023 (HK$568.33 Mil).

BII Railway Transportation Technology Holdings Co Cash And Cash Equivalents Historical Data

The historical data trend for BII Railway Transportation Technology Holdings Co'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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BII Railway Transportation Technology Holdings Co Cash And Cash Equivalents Chart

BII Railway Transportation Technology Holdings Co Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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821.57

944.49

848.04

667.37

568.33

BII Railway Transportation Technology Holdings Co Semi-Annual Data
	Dec13	Jun14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															848.04	589.02	667.37	562.74	568.33

BII Railway Transportation Technology Holdings Co 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.

BII Railway Transportation Technology Holdings Co (HKSE:01522) 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.

BII Railway Transportation Technology Holdings Co Cash And Cash Equivalents Related Terms

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BII Railway Transportation Technology Holdings Co (HKSE:01522) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BII Railway Transportation Technology Holdings Co Ltd (HKSE:01522) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

CN6:Germany

Address

No.4 Huixin East Street, Floor 15th, Tower 2, Fusheng Building, Chaoyang District, Beijing, CHN

Website

https://www.biitt.cn

BII Railway Transportation Technology Holdings Co Ltd is engaged in designing, implementing, selling, and maintenance, of application solutions for the networking and controlling systems of public transport. Its segments include Intelligent railway transportation, Infrastructure information, and Business development investment. The key part of the revenue is from the Intelligent railway transportation segment that provides design, production, implementation and sale, and maintenance of application solution services, which include related software, hardware, and spare parts in railway transportation areas. The group's revenue is from customers in the People's Republic of China.

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