China Risun Group (FRA:45Y) Cash And Cash Equivalents : €274 Mil (As of Dec. 2024)

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What is China Risun Group Cash And Cash Equivalents?

China Risun Group's quarterly cash and cash equivalents increased from Dec. 2023 (€159.16 Mil) to Jun. 2024 (€465.70 Mil) but then stayed the same from Jun. 2024 (€465.70 Mil) to Dec. 2024 (€273.88 Mil).

China Risun Group's annual cash and cash equivalents declined from Dec. 2022 (€162.58 Mil) to Dec. 2023 (€159.16 Mil) but then increased from Dec. 2023 (€159.16 Mil) to Dec. 2024 (€273.88 Mil).

China Risun Group Cash And Cash Equivalents Historical Data

The historical data trend for China Risun Group'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 Risun Group Cash And Cash Equivalents Chart

China Risun Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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148.57

316.93

162.58

159.16

273.88

China Risun Group Semi-Annual Data
	Dec15	Dec16	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												162.58	334.57	159.16	465.70	273.88

China Risun Group 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 Risun Group (FRA:45Y) 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 Risun Group Cash And Cash Equivalents Related Terms

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China Risun Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Risun Group Ltd (FRA:45Y) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

01907:Hong Kong

Address

Sihezhuang No. 2 Road, Building 1, Risun Plaza, Huaxiang Town, Fengtai District, Beijing, CHN, 100070

Website

https://www.risun.com

China Risun Group Ltd is an integrated coke, coking chemical, and refined chemical producer and supplier in China. The company's business segments are Coke and Coking Chemicals, Refined Chemicals, Operation management, and Trading. It generates maximum revenue from the Refined Chemicals segment. It also produces coking chemical products mainly coal tar, coke oven gas, and crude benzene.

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