China Three Gorges Renewables (Group) Co (SHSE:600905) Cash And Cash Equivalents : ¥11,227 Mil (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is China Three Gorges Renewables (Group) Co Cash And Cash Equivalents?

China Three Gorges Renewables (Group) Co's quarterly cash and cash equivalents declined from Mar. 2023 (¥12,626.97 Mil) to Jun. 2023 (¥11,845.80 Mil) but then stayed the same from Jun. 2023 (¥11,845.80 Mil) to Sep. 2023 (¥11,226.56 Mil).

China Three Gorges Renewables (Group) Co's annual cash and cash equivalents increased from Dec. 2020 (¥1,889.85 Mil) to Dec. 2021 (¥13,090.73 Mil) but then declined from Dec. 2021 (¥13,090.73 Mil) to Dec. 2022 (¥10,565.51 Mil).

China Three Gorges Renewables (Group) Co Cash And Cash Equivalents Historical Data

The historical data trend for China Three Gorges Renewables (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.

* Premium members only.

China Three Gorges Renewables (Group) Co Cash And Cash Equivalents Chart

China Three Gorges Renewables (Group) Co Annual Data

Trend

Dec08

Dec09

Dec10

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

Get a 7-Day Free Trial

4,886.28

4,210.65

1,889.85

13,090.73

10,565.51

China Three Gorges Renewables (Group) Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															12,835.30	10,565.51	12,626.97	11,845.80	11,226.56

China Three Gorges Renewables (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.

China Three Gorges Renewables (Group) Co (SHSE:600905) 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 Three Gorges Renewables (Group) Co Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of China Three Gorges Renewables (Group) Co's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

China Three Gorges Renewables (Group) Co (SHSE:600905) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Three Gorges Renewables (Group) Co Ltd (SHSE:600905) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No. 1, Gongyuan Street, Room 206-23, 2nd Floor, Building 1, Tongzhou District, Beijing, CHN, 101149

Website

https://www.ctgne.com

China Three Gorges Renewables, or CTGR, is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydro-electric power plants, and energy storage projects. CTGR has a total generation capacity of about 26.5 gigawatts as of the end of 2022. In particular, the firm is also one of the largest offshore wind farm operators in China, with 4.9 GW of installed capacity at the end of 2022, representing about 16% of China's total capacity. Parent company, China Three Gorges, a state-owned enterprise, owns approximately 52.4% of CTGR's issued shares as of the end of 2022.

China Three Gorges Renewables (Group) Co (SHSE:600905) Headlines

No Headlines