Tian Lun Gas Holdings (HKSE:01600) Cash And Cash Equivalents : HK$1,055 Mil (As of Dec. 2023)

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What is Tian Lun Gas Holdings Cash And Cash Equivalents?

Tian Lun Gas Holdings's quarterly cash and cash equivalents declined from Dec. 2022 (HK$1,496.55 Mil) to Jun. 2023 (HK$1,370.37 Mil) but then stayed the same from Jun. 2023 (HK$1,370.37 Mil) to Dec. 2023 (HK$1,054.74 Mil).

Tian Lun Gas Holdings's annual cash and cash equivalents increased from Dec. 2021 (HK$1,242.81 Mil) to Dec. 2022 (HK$1,496.55 Mil) but then declined from Dec. 2022 (HK$1,496.55 Mil) to Dec. 2023 (HK$1,054.74 Mil).

Tian Lun Gas Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Tian Lun Gas 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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Tian Lun Gas Holdings Cash And Cash Equivalents Chart

Tian Lun Gas Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,502.03

1,944.21

1,242.81

1,496.55

1,054.74

Tian Lun Gas 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															1,242.81	1,371.18	1,496.55	1,370.37	1,054.74

Tian Lun Gas 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.

Tian Lun Gas Holdings (HKSE:01600) 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.

Tian Lun Gas Holdings Cash And Cash Equivalents Related Terms

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Tian Lun Gas Holdings (HKSE:01600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tian Lun Gas Holdings Ltd (HKSE:01600) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

TLJ:Germany

Address

No. 6 Huang He East Road, 4th Floor, Tian Lun Group Building, Zheng Dong Xin District, Henan Province, Zhengzhou City, CHN, 450003

Website

https://www.tianlungas.com

Tian Lun Gas Holdings Ltd is a Chinese investment holding company whose subsidiaries are engaged in the investment, operation and management of gas pipeline connections, transportation, distribution and sales of gas, construction and operation of gas filling stations, and production and sales of LNG in the People's Republic of China. The segments of the company are sale of natural gas in cylinders, sale of natural gas in bulk and engineering construction services. The company derives majority of its revenue from the sale of natural gas.

Executives

Zhang Yingcen	2201 Interest of corporation controlled by you
Zhang Daoyuan	2103 Interests held jointly with another person
Or Wai Sheun	2201 Interest of corporation controlled by you
Hantec Securities Company Limited	2302 Custodian
Gold Shine Development Limited
Tian Lun Group Limited
Zhuhai Port Co., Ltd.
Zhuhai Port (hong Kong) Development Co., Limited
Chequers Development Limited
Sun Yanxi
International Finance Corporation	2101 Beneficial owner
Ifc Asset Management Company, Llc	2102 Investment manager
Koo Yuen Kim	2101 Beneficial owner

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