Wuling Motors Holdings (HKSE:00305) Cash And Cash Equivalents : HK$2,862 Mil (As of Dec. 2023)

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What is Wuling Motors Holdings Cash And Cash Equivalents?

Wuling Motors Holdings's quarterly cash and cash equivalents increased from Dec. 2022 (HK$2,205.08 Mil) to Jun. 2023 (HK$2,833.48 Mil) and increased from Jun. 2023 (HK$2,833.48 Mil) to Dec. 2023 (HK$2,862.20 Mil).

Wuling Motors Holdings's annual cash and cash equivalents declined from Dec. 2021 (HK$2,247.80 Mil) to Dec. 2022 (HK$2,205.08 Mil) but then increased from Dec. 2022 (HK$2,205.08 Mil) to Dec. 2023 (HK$2,862.20 Mil).

Wuling Motors Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Wuling Motors 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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Wuling Motors Holdings Cash And Cash Equivalents Chart

Wuling Motors Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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932.55

1,122.10

2,247.80

2,205.08

2,862.20

Wuling Motors 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															2,247.80	3,972.39	2,205.08	2,833.48	2,862.20

Wuling Motors 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.

Wuling Motors Holdings (HKSE:00305) 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.

Wuling Motors Holdings Cash And Cash Equivalents Related Terms

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Wuling Motors Holdings (HKSE:00305) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wuling Motors Holdings Ltd (HKSE:00305) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

WLMTF:USA 6LY:Germany

Address

168–200 Connaught Road, Shun Tak Centre, Unit 3406, 34th Floor, West Tower, Central, Hong Kong, HKG

Website

https://www.wuling.com.hk

Wuling Motors Holdings Ltd is an investment holding company. Its principal activities are the manufacturing and sale of engines, engine-related parts, other power supply products, automotive components and accessories, steel and specialized vehicles (including new energy vehicles), as well as the provision of water and power supply to customers. The segments of the group are Vehicles' power supply systems; Automotive components and other industrial services, which is the key revenue-generating segment; Commercial vehicle assembly; and Others. The group derives a majority of its revenue from Mainland China.

Executives

Dragon Hill Development Limited	2101 Beneficial owner
Kwan To Yin	2101 Beneficial owner
Lee Shing	2201 Interest of corporation controlled by you
Wu Ling Xiang Gang Kong Gu You Xian Gong Si	2101 Beneficial owner
Wu Ling Qi Che Xiang Gang You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Xi Qi Che Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

Wuling Motors Holdings (HKSE:00305) Headlines

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