Xiamen C & D (SHSE:600153) Cash And Cash Equivalents : ¥99,989 Mil (As of Mar. 2024)

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What is Xiamen C & D Cash And Cash Equivalents?

Xiamen C & D's quarterly cash and cash equivalents increased from Sep. 2023 (¥96,207.29 Mil) to Dec. 2023 (¥98,346.47 Mil) and increased from Dec. 2023 (¥98,346.47 Mil) to Mar. 2024 (¥99,988.52 Mil).

Xiamen C & D's annual cash and cash equivalents increased from Dec. 2021 (¥90,268.11 Mil) to Dec. 2022 (¥96,536.33 Mil) and increased from Dec. 2022 (¥96,536.33 Mil) to Dec. 2023 (¥98,346.47 Mil).

Xiamen C & D Cash And Cash Equivalents Historical Data

The historical data trend for Xiamen C & D'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.

* Premium members only.

Xiamen C & D Cash And Cash Equivalents Chart

Xiamen C & D Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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35,348.80

53,806.42

90,268.11

96,536.33

98,346.47

Xiamen C & D Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															113,335.03	121,595.30	96,207.29	98,346.47	99,988.52

Xiamen C & D 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.

Xiamen C & D (SHSE:600153) 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.

Xiamen C & D Cash And Cash Equivalents Related Terms

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Xiamen C & D (SHSE:600153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Xiamen C & D Inc (SHSE:600153) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1699 Huandao East Road, 30th Floor, C&D International Building, Xiamen, CHN, 361008

Website

http://www.chinacnd.com

Xiamen C & D Inc is a China-based modern service-oriented company mainly specializing in supply chain operation and real estate development. In regard to supply chain operation, the company has formed core business units, namely, pulp and paper, iron and steel, mineral products, agricultural products, textiles and other light industrial goods, chemical products, mechanical and electrical products, logistics services, automobiles and wines/spirits.

Executives

Jiang Gui Zhi	senior management
Wang Zhi Bing	senior management
Chen Dong Xu	Directors, senior managers
Xu Jia Na	senior management
Zheng Yong Da	Directors, senior managers
Lin Mao	Directors, senior managers
Huang Wen Zhou	Director
Ye Yan Liu	Director
Wang Qin	Director
Wu Xiao Min	Director
Lai Yan Da	senior management
Zhang Yong Feng	Director
Ye Zhi Liang	Director
Xiang Xiao Yun	senior management
Wang Xian Rong	Director

Xiamen C & D (SHSE:600153) Headlines

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