Jilin Liyuan Precision Manufacturing Co (SZSE:002501) Cash And Cash Equivalents

: ¥130.5 Mil (As of Sep. 2022)

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Jilin Liyuan Precision Manufacturing Co's quarterly cash and cash equivalents declined from Mar. 2022 (¥161.63 Mil) to Jun. 2022 (¥159.55 Mil) but then stayed the same from Jun. 2022 (¥159.55 Mil) to Sep. 2022 (¥130.54 Mil).

Jilin Liyuan Precision Manufacturing Co's annual cash and cash equivalents increased from Dec. 2019 (¥73.54 Mil) to Dec. 2020 (¥1,174.70 Mil) but then declined from Dec. 2020 (¥1,174.70 Mil) to Dec. 2021 (¥324.25 Mil).

Jilin Liyuan Precision Manufacturing Co Cash And Cash Equivalents Historical Data

The historical data trend for Jilin Liyuan Precision Manufacturing 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.

Jilin Liyuan Precision Manufacturing Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash And Cash Equivalents

192.64

158.35

73.54

1,174.70

324.25

Jilin Liyuan Precision Manufacturing Co Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash And Cash Equivalents																119.04	324.25	161.63	159.55	130.54

Jilin Liyuan Precision Manufacturing 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.

Jilin Liyuan Precision Manufacturing Co (SZSE:002501) 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.

Jilin Liyuan Precision Manufacturing Co Cash And Cash Equivalents Related Terms

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Jilin Liyuan Precision Manufacturing Co (SZSE:002501) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jilin Liyuan Precision Manufacturing Co Ltd (SZSE:002501) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No. 5729, Xining Road, Longshan District, Jilin Province, Liaoyuan, CHN, 136200

Website

http://www.liyuanlvye.com

Jilin Liyuan Precision Manufacturing Co Ltd is a China-based company. It is principally engaged in the research and development, manufacture and distribution of aluminum profiles and deep processed products. The company's construction aluminum profiles include ordinary building materials, insulation series, as well as door and curtain wall series. It distributes its products within domestic market and to overseas markets.

Jilin Liyuan Precision Manufacturing Co (SZSE:002501) Headlines

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