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CAOVF (China Overseas Land & Investment) Cash And Cash Equivalents : $13,817 Mil (As of Jun. 2024)


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What is China Overseas Land & Investment Cash And Cash Equivalents?

China Overseas Land & Investment's quarterly cash and cash equivalents declined from Jun. 2023 ($15,948.52 Mil) to Dec. 2023 ($14,793.57 Mil) but then stayed the same from Dec. 2023 ($14,793.57 Mil) to Jun. 2024 ($13,816.85 Mil).

China Overseas Land & Investment's annual cash and cash equivalents declined from Dec. 2021 ($20,560.53 Mil) to Dec. 2022 ($15,821.98 Mil) and declined from Dec. 2022 ($15,821.98 Mil) to Dec. 2023 ($14,793.57 Mil).

China Overseas Land & Investment Cash And Cash Equivalents Historical Data

The historical data trend for China Overseas Land & Investment'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.

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China Overseas Land & Investment Cash And Cash Equivalents Chart

China Overseas Land & Investment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,893.08 20,560.53 15,821.98 14,793.57 17,054.44

China Overseas Land & Investment Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15,821.98 15,948.52 14,793.57 13,816.85 17,054.44

China Overseas Land & Investment 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 Overseas Land & Investment  (OTCPK:CAOVF) 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 Overseas Land & Investment Cash And Cash Equivalents Related Terms

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China Overseas Land & Investment Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Overseas Land & Investment Ltd (OTCPK:CAOVF) » Definitions » Cash And Cash Equivalents
Comparable Companies
HKSE:01109 HKSE:01113 HKSE:00016 HKSE:00083 HKSE:00960 HKSE:00004 HKSE:01908 HKSE:03900 HKSE:00683 HKSE:00123 DFM:EMAAR PHS:HVN TSE:1925 BOM:532868 ADX:ALDAR BOM:543287 SHSE:600048 DFM:EMAARDEV SZSE:001979 SZSE:000002
Traded in Other Exchanges
CAOVY:USA 00688:Hong Kong CPP:Germany
Address
1 Queen's Road East, 10th Floor, Three Pacific Place, Hong Kong, HKG
Website
http://www.coli.com.hk
China Overseas Land & Investment, or COLI, is a large real estate developer in China. Property development accounts for most of the core earnings, with operating scale among the top five of all peers regarding contracted sales. In addition to property development, COLI has actively grown its commercial property portfolio, with a dual focus on offices and shopping malls for recurring income. COLI is a subsidiary of China State Construction Engineering, China's largest construction firm. It also holds a 39.6% stake in China Overseas Grand Oceans, a real estate developer focusing on lower-tier cities in China.