China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Cash And Cash Equivalents

: $350 Mil (As of Sep. 2023)

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China Resources Building Materials Technology Holdings's quarterly cash and cash equivalents increased from Dec. 2022 ($276.33 Mil) to Jun. 2023 ($431.97 Mil) but then stayed the same from Jun. 2023 ($431.97 Mil) to Sep. 2023 ($349.79 Mil).

China Resources Building Materials Technology Holdings's annual cash and cash equivalents declined from Dec. 2020 ($1,704.62 Mil) to Dec. 2021 ($906.98 Mil) and declined from Dec. 2021 ($906.98 Mil) to Dec. 2022 ($276.33 Mil).

China Resources Building Materials Technology Holdings Cash And Cash Equivalents Historical Data

The historical data trend for China Resources Building Materials Technology Holdings'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.

China Resources Building Materials Technology Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

1,645.60

1,704.62

906.98

276.33

364.65

China Resources Building Materials Technology Holdings Quarterly Data
	Jun16	Sep16	Dec16	Jun17	Sep17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Cash And Cash Equivalents																-	276.33	431.97	349.79	364.65

China Resources Building Materials Technology Holdings 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.

China Resources Building Materials Technology Holdings (OTCPK:CJRCF) 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.

China Resources Building Materials Technology Holdings Cash And Cash Equivalents Related Terms

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China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Resources Building Materials Technology Holdings Ltd (OTCPK:CJRCF) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

CARCY:USA 01313:Hong Kong C44:Germany

Address

26 Harbour Road, Room 3001-05, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crcement.com

China Resources Building Materials Technology Holdings Ltd formerly China Resources Cement Holdings Ltd is a cement and concrete producer in Southern China. Its operations range from the excavation of limestone to the production, sale, and distribution of cement, clinker, and concrete. The company's segments are Cement and Concrete of which its majority revenue is derived from the manufacture and sale of cement products. The group products are mainly used in the construction of infrastructure projects such as railways, highways, subways, bridges, airports, ports, dams, hydroelectric power stations, and nuclear power stations, as well as the construction of high-rise buildings and the development of suburban and rural areas. Geographically, the majority is derived from Guangdong.

China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Cash And Cash Equivalents

China Resources Building Materials Technology Holdings Cash And Cash Equivalents Historical Data

China Resources Building Materials Technology Holdings Cash And Cash Equivalents Calculation

China Resources Building Materials Technology Holdings Cash And Cash Equivalents Related Terms

China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Business Description

China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Headlines