China Finance (China Finance) Cash And Cash Equivalents : $3.81 Mil (As of Mar. 2007)

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What is China Finance Cash And Cash Equivalents?

China Finance's quarterly cash and cash equivalents declined from Sep. 2006 ($0.29 Mil) to Dec. 2006 ($0.05 Mil) but then increased from Dec. 2006 ($0.05 Mil) to Mar. 2007 ($3.81 Mil).

China Finance's annual cash and cash equivalents declined from Dec. 2004 ($11.51 Mil) to Dec. 2005 ($11.33 Mil) and declined from Dec. 2005 ($11.33 Mil) to Dec. 2006 ($0.05 Mil).

China Finance Cash And Cash Equivalents Historical Data

The historical data trend for China Finance'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 Finance Cash And Cash Equivalents Chart

China Finance Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Cash And Cash Equivalents

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0.01

11.51

11.33

0.05

China Finance Quarterly Data
	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.49	0.71	0.29	0.05	3.81

China Finance 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 Finance (OTCPK:CHFI) 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 Finance Cash And Cash Equivalents Related Terms

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China Finance (China Finance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » China Finance Inc (OTCPK:CHFI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Shennan Road, 22 nd Floor, Tower 1, China Phoenix Building, Shenzhen, CHN

Website

China Finance Inc through its subsidiary provides financial support and services, mainly in the form of surety guarantees or short-term loans to privately owned small and medium sized enterprises in China.

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