CGN Power Co (CGN Power Co) Cash And Cash Equivalents : $2,682 Mil (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is CGN Power Co Cash And Cash Equivalents?

CGN Power Co's quarterly cash and cash equivalents declined from Sep. 2023 ($2,374.04 Mil) to Dec. 2023 ($2,181.39 Mil) but then increased from Dec. 2023 ($2,181.39 Mil) to Mar. 2024 ($2,682.26 Mil).

CGN Power Co's annual cash and cash equivalents declined from Dec. 2021 ($2,468.59 Mil) to Dec. 2022 ($2,107.07 Mil) but then increased from Dec. 2022 ($2,107.07 Mil) to Dec. 2023 ($2,181.39 Mil).

CGN Power Co Cash And Cash Equivalents Historical Data

The historical data trend for CGN Power 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.

CGN Power Co Cash And Cash Equivalents Chart

CGN Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

2,790.49

1,848.46

2,468.59

2,107.07

2,181.39

CGN Power Co Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	2,341.89	2,374.04	2,181.39	2,682.26

CGN Power 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.

CGN Power Co (OTCPK:CGNWF) 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.

CGN Power Co Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of CGN Power Co's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

CGN Power Co (CGN Power Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » CGN Power Co Ltd (OTCPK:CGNWF) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

01816:Hong Kong 94C:Germany 003816:China

Address

No. 2002 Shennan Road, 18th Floor, South Tower, CGN Building, Futian District, Guangdong Province, Shenzhen, CHN, 518026

Website

http://www.cgnp.com.cn

CGN Power is a major nuclear power producer in China. It operates 26 nuclear power generating units (total installed capacity of 29.4 gigawatts), with 14 units in Guangdong and the rest in Guangxi, Fujian, and Liaoning provinces as of end-2022. CGN is adding capacity of 8.4 gigawatts into its operations over the next five years. State-owned China General Nuclear Power, controls about 58.9% of CGN Power.

CGN Power Co (CGN Power Co) Headlines

From GuruFocus

CGN Unveils Global Sustainable Development Report at Press Conference in France

By PRNewswire • 06-26-2023

Value Partners Classic Fund Comments on CGN Power

By Vera Yuan Vera Yuan • 03-27-2015

Value Partners Adds New Positions

By Amber Harris Amber Harris • 04-28-2015