China Power Equipment (China Power Equipment) Cash And Cash Equivalents : $31.76 Mil (As of Sep. 2013)

View and export this data going back to 2009. Start your Free Trial

What is China Power Equipment Cash And Cash Equivalents?

China Power Equipment's quarterly cash and cash equivalents increased from Mar. 2013 ($24.26 Mil) to Jun. 2013 ($29.24 Mil) and increased from Jun. 2013 ($29.24 Mil) to Sep. 2013 ($31.76 Mil).

China Power Equipment's annual cash and cash equivalents increased from Dec. 2010 ($17.93 Mil) to Dec. 2011 ($23.09 Mil) but then declined from Dec. 2011 ($23.09 Mil) to Dec. 2012 ($21.98 Mil).

China Power Equipment Cash And Cash Equivalents Historical Data

The historical data trend for China Power Equipment'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.

China Power Equipment Cash And Cash Equivalents Chart

China Power Equipment Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Cash And Cash Equivalents

Get a 7-Day Free Trial

1.07

8.88

17.93

23.09

21.98

China Power Equipment Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Cash And Cash Equivalents	Get a 7-Day Free Trial															21.92	21.98	24.26	29.24	31.76

China Power Equipment 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 Power Equipment (OTCPK:CPQQ) 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 Power Equipment Cash And Cash Equivalents Related Terms

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

China Power Equipment (China Power Equipment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Power Equipment Inc (OTCPK:CPQQ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yongle Industry Zone, Jingyang Industry Concentration Area, Xi’an, Shaanxi, CHN, 713702

Website

http://www.chinapower-equipment.com

China Power Equipment Inc designs, manufactures, and distributes amorphous alloy transformer cores and amorphous alloy distribution transformers in the Peoples Republic of China. Its devices are used to step down voltage at the final phase of the distribution of electricity to consumers, businesses, and industries. The Company offers its products to electricity generators and suppliers, suppliers of electrical equipment, and other electric power transformers manufacturers.

China Power Equipment (China Power Equipment) Headlines

No Headlines