China National Building Material Co (FRA:D1Y) Cash And Cash Equivalents : €3,177 Mil (As of Jun. 2024)

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What is China National Building Material Co Cash And Cash Equivalents?

China National Building Material Co's quarterly cash and cash equivalents declined from Jun. 2023 (€4,191.98 Mil) to Dec. 2023 (€3,522.84 Mil) but then stayed the same from Dec. 2023 (€3,522.84 Mil) to Jun. 2024 (€3,176.90 Mil).

China National Building Material Co's annual cash and cash equivalents declined from Dec. 2021 (€3,975.29 Mil) to Dec. 2022 (€3,654.63 Mil) and declined from Dec. 2022 (€3,654.63 Mil) to Dec. 2023 (€3,522.84 Mil).

China National Building Material Co Cash And Cash Equivalents Historical Data

The historical data trend for China National Building Material 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.

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China National Building Material Co Cash And Cash Equivalents Chart

China National Building Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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3,104.57

3,783.60

3,975.29

3,654.63

3,522.84

China National Building Material Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial															5,337.12	3,654.63	4,191.98	3,522.84	3,176.90

China National Building Material 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.

China National Building Material Co (FRA:D1Y) 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 National Building Material Co Cash And Cash Equivalents Related Terms

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China National Building Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China National Building Material Co Ltd (FRA:D1Y) » Definitions » Cash And Cash Equivalents

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CBUMY:USA 03323:Hong Kong

Address

No. 17 Fuxing Road, 21st Floor, Tower 2 (Building B), Guohai Plaza, Haidian District, Beijing, CHN, 100036

Website

https://www.cnbmltd.cn

China National Building Material Co Ltd is a state-owned building material holding company. Its reportable segments are the Cement segment which includes the production and sale of cement, Concrete segment includes the Production and sale of concrete, New Materials segment comprises of Production and sale of glass fiber, composite, and lightweight building materials, and Engineering Services includes the Provision of engineering services to glass and cement manufacturers and equipment procurement, and others segment comprises Merchandise trading business and others. The company operates in China, Europe, the Middle East, Southeast Asia, Oceania, Africa, the Americas, and other countries, out of which the majority of the revenue comes from China.

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