Inspur Digital Enterprise Technology (HKSE:00596) Cash And Cash Equivalents : HK$1,265 Mil (As of Dec. 2023)

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What is Inspur Digital Enterprise Technology Cash And Cash Equivalents?

Inspur Digital Enterprise Technology's quarterly cash and cash equivalents declined from Dec. 2022 (HK$1,193.17 Mil) to Jun. 2023 (HK$479.08 Mil) but then increased from Jun. 2023 (HK$479.08 Mil) to Dec. 2023 (HK$1,264.50 Mil).

Inspur Digital Enterprise Technology's annual cash and cash equivalents increased from Dec. 2021 (HK$1,033.14 Mil) to Dec. 2022 (HK$1,193.17 Mil) and increased from Dec. 2022 (HK$1,193.17 Mil) to Dec. 2023 (HK$1,264.50 Mil).

Inspur Digital Enterprise Technology Cash And Cash Equivalents Historical Data

The historical data trend for Inspur Digital Enterprise Technology'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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Inspur Digital Enterprise Technology Cash And Cash Equivalents Chart

Inspur Digital Enterprise Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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807.13

871.00

1,033.14

1,193.17

1,264.50

Inspur Digital Enterprise Technology 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															1,033.14	1,102.05	1,193.17	479.08	1,264.50

Inspur Digital Enterprise Technology 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.

Inspur Digital Enterprise Technology (HKSE:00596) 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.

Inspur Digital Enterprise Technology Cash And Cash Equivalents Related Terms

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Inspur Digital Enterprise Technology (HKSE:00596) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Inspur Digital Enterprise Technology Ltd (HKSE:00596) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

L1CC:Germany

Address

1 Wang Kwong Road, Kowloon Bay, Billion Center, Room B&C, 30/Floor, Tower A, Kowloon, Hong Kong, HKG

Website

https://www.inspur.com.hk

Inspur Digital Enterprise Technology Ltd formerly, Inspur International Ltd is an investment holding company. The company's segments are Cloud services, Management software, and the Internet of Things. The Cloud services segment includes the provision of cloud services. The management software segment involves the provision of software development and other software services whereas the Internet of Things segment is engaged in the sales of IT peripherals and software. Geographically, the firm generates a majority of its revenue from Mainland China.

Executives

Ji Nan Lang Chao Wu Xian Tong Xin You Xian Gong Si	2201 Interest of corporation controlled by you
Lang Chao Ruan Jian Ke Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Lang Chao Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Inspur Cheeloo Overseas Investment And Development Co., Limited	2201 Interest of corporation controlled by you
Inspur Overseas Investment Limited	2101 Beneficial owner
Inspur Cloud Computing Investment Limited	2101 Beneficial owner

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