Shanghai M&G Stationery (SHSE:603899) Cash And Cash Equivalents : ¥5,239 Mil (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Shanghai M&G Stationery Cash And Cash Equivalents?

Shanghai M&G Stationery's quarterly cash and cash equivalents increased from Jun. 2023 (¥3,276.04 Mil) to Sep. 2023 (¥3,815.40 Mil) and increased from Sep. 2023 (¥3,815.40 Mil) to Dec. 2023 (¥5,239.12 Mil).

Shanghai M&G Stationery's annual cash and cash equivalents increased from Dec. 2021 (¥3,010.65 Mil) to Dec. 2022 (¥3,363.09 Mil) and increased from Dec. 2022 (¥3,363.09 Mil) to Dec. 2023 (¥5,239.12 Mil).

Shanghai M&G Stationery Cash And Cash Equivalents Historical Data

The historical data trend for Shanghai M&G Stationery'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.

Shanghai M&G Stationery Cash And Cash Equivalents Chart

Shanghai M&G Stationery Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

1,935.60

2,562.16

3,010.65

3,363.09

5,239.12

Shanghai M&G Stationery 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															3,363.09	3,144.56	3,276.04	3,815.40	5,239.12

Shanghai M&G Stationery 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.

Shanghai M&G Stationery (SHSE:603899) 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.

Shanghai M&G Stationery Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Shanghai M&G Stationery's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Shanghai M&G Stationery (SHSE:603899) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai M&G Stationery Inc (SHSE:603899) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

3469 Jinqian Road, Building 3, Fengxian District, Shanghai, CHN, 201406

Website

https://www.mg-pen.com

Shanghai M&G Stationery Inc is engaged in the production and distribution of stationery products in China. The company operates in four segments Office direct selling business and Traditional core business. The majority of the revenue is generated from the Traditional core business which is engaged in developing, manufacturing, and selling writing instruments, student stationery, office supplies, and other products. Its products include such as ballpoint pens, gel pens, mechanical pencils, highlighters, markers, roller pens, erasable gel pens, Pen refills, and other stationeries. The company provides and manufactures stationery products that include writing instruments, school stationery, office stationery, and other related products. The majority of the revenue is generated in China.

Shanghai M&G Stationery (SHSE:603899) Headlines

No Headlines