China Rare Earth Holdings (FRA:RAE) Cash And Cash Equivalents : €152.58 Mil (As of Dec. 2023)

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What is China Rare Earth Holdings Cash And Cash Equivalents?

China Rare Earth Holdings's quarterly cash and cash equivalents declined from Dec. 2022 (€176.11 Mil) to Jun. 2023 (€138.75 Mil) but then increased from Jun. 2023 (€138.75 Mil) to Dec. 2023 (€152.58 Mil).

China Rare Earth Holdings's annual cash and cash equivalents declined from Dec. 2021 (€206.51 Mil) to Dec. 2022 (€176.11 Mil) and declined from Dec. 2022 (€176.11 Mil) to Dec. 2023 (€152.58 Mil).

China Rare Earth Holdings Cash And Cash Equivalents Historical Data

The historical data trend for China Rare Earth Holdings'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 Rare Earth Holdings Cash And Cash Equivalents Chart

China Rare Earth Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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170.55

184.53

206.51

176.11

152.58

China Rare Earth Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															206.51	192.77	176.11	138.75	152.58

China Rare Earth Holdings 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 Rare Earth Holdings (FRA:RAE) 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 Rare Earth Holdings Cash And Cash Equivalents Related Terms

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China Rare Earth Holdings (FRA:RAE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Rare Earth Holdings Ltd (FRA:RAE) » Definitions » Cash And Cash Equivalents

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CREQF:USA 00769:Hong Kong

Address

Dingshu Town, Jiangsu Province, Yixing, CHN, 214226

Website

http://www.creh.com.hk

China Rare Earth Holdings Ltd is an investment holding company. It operates in two segments: Rare earth and Refractory. The Rare earth segment includes manufacturing and sales of rare earth products such as praseodymium, neodymium, terbium, and dysprosium through trading. It also focuses on the production of high-end products such as rare earth oxides. The Refractory segment includes the manufacturing and sales of refractory products, including Refractory materials and Magnesium grains. The majority of its revenue comes from Rare Earth Segment. Its geographical segments are China, Japan, Europe, and Others, of which China accounts for the vast majority of its revenue.

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