China Longyuan Power Group (HKSE:00916) Cash And Cash Equivalents : HK$4,001 Mil (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is China Longyuan Power Group Cash And Cash Equivalents?

China Longyuan Power Group's quarterly cash and cash equivalents declined from Sep. 2023 (HK$10,042.29 Mil) to Dec. 2023 (HK$5,336.85 Mil) but then stayed the same from Dec. 2023 (HK$5,336.85 Mil) to Mar. 2024 (HK$4,001.14 Mil).

China Longyuan Power Group's annual cash and cash equivalents increased from Dec. 2021 (HK$5,112.42 Mil) to Dec. 2022 (HK$22,885.09 Mil) but then declined from Dec. 2022 (HK$22,885.09 Mil) to Dec. 2023 (HK$5,336.85 Mil).

China Longyuan Power Group Cash And Cash Equivalents Historical Data

The historical data trend for China Longyuan Power Group'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.

China Longyuan Power Group Cash And Cash Equivalents Chart

China Longyuan Power Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

3,818.78

6,623.68

5,112.42

22,885.09

5,336.85

China Longyuan Power Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															21,620.72	19,795.30	10,042.29	5,336.85	4,001.14

China Longyuan Power Group 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 Longyuan Power Group (HKSE:00916) 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 Longyuan Power Group Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of China Longyuan Power Group's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

China Longyuan Power Group (HKSE:00916) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Longyuan Power Group Corp Ltd (HKSE:00916) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

CLPXY:USA CLPXF:USA 6WX:Germany 001289:China

Address

6 Fuchengmen North Street, Room 2006, 20th Floor, Block C, Xicheng District, Beijing, CHN

Website

http://www.clypg.com.cn

Longyuan is China's largest wind farm operator, with consolidated installed wind capacity of 26.2 gigawatts as of end-2022, representing about 7% of nationwide wind capacity. It has more than 400 wind farms spread across China, and has also expanded into other countries such as Canada and South Africa. Longyuan owns two coal-fired power plants in Jiangsu and operates other renewable assets such as solar, geothermal, and tidal energy on a limited scale. The consolidated installed capacity mix is about 84% wind, 6% thermal, and the remainder in other renewables. China Energy Investment, which was created through the merger of China Guodian Corporation and China Shenhua Group, is the major shareholder with a controlling stake of about 58.6%.

China Longyuan Power Group (HKSE:00916) Headlines

No Headlines