China Haisheng Juice Holdings Co (HKSE:00359) Cash And Cash Equivalents : HK$224 Mil (As of Jun. 2021)

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What is China Haisheng Juice Holdings Co Cash And Cash Equivalents?

China Haisheng Juice Holdings Co's quarterly cash and cash equivalents declined from Jun. 2020 (HK$433.82 Mil) to Dec. 2020 (HK$268.22 Mil) but then stayed the same from Dec. 2020 (HK$268.22 Mil) to Jun. 2021 (HK$223.56 Mil).

China Haisheng Juice Holdings Co's annual cash and cash equivalents declined from Dec. 2018 (HK$351.04 Mil) to Dec. 2019 (HK$190.25 Mil) but then increased from Dec. 2019 (HK$190.25 Mil) to Dec. 2020 (HK$268.22 Mil).

China Haisheng Juice Holdings Co Cash And Cash Equivalents Historical Data

The historical data trend for China Haisheng Juice Holdings 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 Haisheng Juice Holdings Co Cash And Cash Equivalents Chart

China Haisheng Juice Holdings Co Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash And Cash Equivalents

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202.87

198.56

351.04

190.25

268.22

China Haisheng Juice Holdings Co Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Cash And Cash Equivalents	Get a 7-Day Free Trial															426.92	190.25	433.82	268.22	223.56

China Haisheng Juice Holdings 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 Haisheng Juice Holdings Co (HKSE:00359) 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 Haisheng Juice Holdings Co Cash And Cash Equivalents Related Terms

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China Haisheng Juice Holdings Co (HKSE:00359) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » China Haisheng Juice Holdings Co Ltd (HKSE:00359) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

288 Des Voeux Road Central, Room B, 3rd Floor, Eton Building, Hong Kong, HKG

Website

http://www.chinahaisheng.com

China Haisheng Juice Holdings Co Ltd is a Hong Kong-based investment holding company. The company is principally engaged in fruit juice and agriculture businesses. The group has two operating segments: Fruit juice operation segment that manufactures and sells fruit juice concentrate and related products; and the Agriculture operation segment involves plantation and sale of apple saplings, apple and other fruits. The group has a global business presence from which key revenue is derived from the PRC.

Executives

Gao Liang	2202 Interest of your spouse
Xie Haiyan	2202 Interest of your spouse

China Haisheng Juice Holdings Co (HKSE:00359) Headlines

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