Anhui Conch Cement Co (Anhui Conch Cement Co) Cash And Cash Equivalents : $9,574 Mil (As of Dec. 2023)

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What is Anhui Conch Cement Co Cash And Cash Equivalents?

Anhui Conch Cement Co's quarterly cash and cash equivalents increased from Jun. 2023 ($8,481.79 Mil) to Sep. 2023 ($9,376.41 Mil) and increased from Sep. 2023 ($9,376.41 Mil) to Dec. 2023 ($9,574.19 Mil).

Anhui Conch Cement Co's annual cash and cash equivalents declined from Dec. 2021 ($10,920.90 Mil) to Dec. 2022 ($8,300.09 Mil) but then increased from Dec. 2022 ($8,300.09 Mil) to Dec. 2023 ($9,574.19 Mil).

Anhui Conch Cement Co Cash And Cash Equivalents Historical Data

The historical data trend for Anhui Conch Cement 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.

* Premium members only.

Anhui Conch Cement Co Cash And Cash Equivalents Chart

Anhui Conch Cement Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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7,838.53

9,527.03

10,920.90

8,300.09

9,574.19

Anhui Conch Cement Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															8,300.09	8,718.86	8,481.79	9,376.41	9,574.19

Anhui Conch Cement 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.

Anhui Conch Cement Co (OTCPK:AHCHY) 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.

Anhui Conch Cement Co Cash And Cash Equivalents Related Terms

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Anhui Conch Cement Co (Anhui Conch Cement Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Anhui Conch Cement Co Ltd (OTCPK:AHCHY) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

AHCHF:USA 00914:Hong Kong AQE:Germany 600585:China

Address

No. 39 Wenhua Road, Anhui Province, Wuhu, CHN, 241000

Website

http://www.conch.cn

Anhui Conch Cement is mainly engaged in the production and sale of cement and clinker. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of 388 million metric tons in 2022, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contributed about 71.9% of its 2022 revenue, with the remainder mainly from the trading business and service income.

Anhui Conch Cement Co (Anhui Conch Cement Co) Headlines

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