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China Aerospace International Holdings (FRA:CIOC) Cash, Cash Equivalents, Marketable Securities : €166.3 Mil (As of Jun. 2024)


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What is China Aerospace International Holdings Cash, Cash Equivalents, Marketable Securities?

China Aerospace International Holdings's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 (€224.45 Mil) to Dec. 2023 (€201.41 Mil) but then stayed the same from Dec. 2023 (€201.41 Mil) to Jun. 2024 (€166.29 Mil).

China Aerospace International Holdings's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (€211.41 Mil) to Dec. 2022 (€245.85 Mil) but then declined from Dec. 2022 (€245.85 Mil) to Dec. 2023 (€201.41 Mil).


China Aerospace International Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for China Aerospace International Holdings'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.

China Aerospace International Holdings Cash, Cash Equivalents, Marketable Securities Chart

China Aerospace International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.53 210.99 211.41 245.85 201.41

China Aerospace International Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 244.01 245.85 224.45 201.41 166.29

China Aerospace International Holdings 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.


China Aerospace International Holdings  (FRA:CIOC) 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.


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China Aerospace International Holdings Business Description

Industry
Traded in Other Exchanges
Address
18 Tak Fung Street, Hung Hom, Room 1103-1107A, One Harbourfront, Kowloon, Hong Kong, HKG
China Aerospace International Holdings Ltd is an investment holding company engaged in the research and development, design, professional production, sales, and services of the hi-tech manufacturing business such as plastic products, electronic products, power products, and semiconductor products, it is also engaged in the segment like Aerospace Service Property investment.

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