COL Group Co (SZSE:300364) Cash And Cash Equivalents : ¥140 Mil (As of Mar. 2024)

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What is COL Group Co Cash And Cash Equivalents?

COL Group Co's quarterly cash and cash equivalents increased from Sep. 2023 (¥179.12 Mil) to Dec. 2023 (¥340.78 Mil) but then stayed the same from Dec. 2023 (¥340.78 Mil) to Mar. 2024 (¥139.66 Mil).

COL Group Co's annual cash and cash equivalents increased from Dec. 2021 (¥495.30 Mil) to Dec. 2022 (¥510.18 Mil) but then declined from Dec. 2022 (¥510.18 Mil) to Dec. 2023 (¥340.78 Mil).

COL Group Co Cash And Cash Equivalents Historical Data

The historical data trend for COL Group 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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COL Group Co Cash And Cash Equivalents Chart

COL Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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611.98

429.93

495.30

510.18

340.78

COL Group Co 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															217.87	325.88	179.12	340.78	139.66

COL Group 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.

COL Group Co (SZSE:300364) 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.

COL Group Co Cash And Cash Equivalents Related Terms

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COL Group Co (SZSE:300364) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » COL Group Co Ltd (SZSE:300364) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 28 Andingmen East Street, No. 608, 6th Floor, Building 2, Dongcheng District, Beijing, CHN, 100007

Website

https://www.en.col.com

COL Group Co Ltd is a digital content provider in China. It has presented two development strategies Literature+ and Education+. The company has over 70 million users of its own and over 600 million cooperation users. Its one of the project includes Digital Library in Primary and Secondary Schools which covers more than 50000 primary and secondary schools and around 2000 colleges and university.

Executives

Xie Guang Cai	Directors, executives
Zhang Fan	Director
Wang Jing Jing	Secretary Dong
Yang Rui Zhi	Executives
Zhang Wei Li	Executives
Tong Zhi Lei	Directors, executives
Chen Fang	Supervisors
Song Jie	Executives
Cui Wei	Executives
Lu Feng	Executives
Qu Yuan Jian	Securities Affairs Representative

COL Group Co (SZSE:300364) Headlines

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