Sinotrans (FRA:SIY) Cash And Cash Equivalents : €1,767 Mil (As of Dec. 2024)

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What is Sinotrans Cash And Cash Equivalents?

Sinotrans's quarterly cash and cash equivalents increased from Jun. 2024 (€1,145.62 Mil) to Sep. 2024 (€1,522.36 Mil) and increased from Sep. 2024 (€1,522.36 Mil) to Dec. 2024 (€1,766.54 Mil).

Sinotrans's annual cash and cash equivalents declined from Dec. 2022 (€2,239.49 Mil) to Dec. 2023 (€1,794.01 Mil) and declined from Dec. 2023 (€1,794.01 Mil) to Dec. 2024 (€1,766.54 Mil).

Sinotrans Cash And Cash Equivalents Historical Data

The historical data trend for Sinotrans'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.

Sinotrans Cash And Cash Equivalents Chart

Sinotrans Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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1,429.14

2,014.31

2,239.49

1,794.01

1,766.54

Sinotrans Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,794.01	1,386.08	1,145.62	1,522.36	1,766.54

Sinotrans 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.

Sinotrans (FRA:SIY) 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.

Sinotrans Cash And Cash Equivalents Related Terms

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Sinotrans Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sinotrans Ltd (FRA:SIY) » Definitions » Cash And Cash Equivalents

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SNOTF:USA 00598:Hong Kong 601598:China

Address

No. 5 Anding Road, 1101, 11th Floor of 101, 1st to 22nd Floor, Building 10, China Merchants Plaza Tower B, Chaoyang District, Beijing, CHN, 100029

Website

https://www.sinotrans.com

Sinotrans Ltd is an integrated logistics services company. The company's reporting and operating segments are: Agency and related business, Professional logistics, and E-commerce. The Agency and related business segment, which derives key revenue, includes arranging the delivery of goods to designated consignees in other locations within a specified time frame following customer instructions; including shipping agency services related to freight agency to shipping companies, providing storage, storage yards, container loading and unloading stations and terminal services. The Professional logistics segment provides customised and professional entire logistics services to customers, and the E-commerce segment provides logistics solutions for import and export to e-commerce customers.

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