YCIH Green High-Performance Concrete Co (HKSE:01847) Cash And Cash Equivalents : HK$79 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is YCIH Green High-Performance Concrete Co Cash And Cash Equivalents?

YCIH Green High-Performance Concrete Co's quarterly cash and cash equivalents increased from Dec. 2022 (HK$150.38 Mil) to Jun. 2023 (HK$171.23 Mil) but then stayed the same from Jun. 2023 (HK$171.23 Mil) to Dec. 2023 (HK$78.55 Mil).

YCIH Green High-Performance Concrete Co's annual cash and cash equivalents declined from Dec. 2021 (HK$435.68 Mil) to Dec. 2022 (HK$150.38 Mil) and declined from Dec. 2022 (HK$150.38 Mil) to Dec. 2023 (HK$78.55 Mil).

YCIH Green High-Performance Concrete Co Cash And Cash Equivalents Historical Data

The historical data trend for YCIH Green High-Performance Concrete 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.

* Premium members only.

YCIH Green High-Performance Concrete Co Cash And Cash Equivalents Chart

YCIH Green High-Performance Concrete Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

712.17

627.56

435.68

150.38

78.55

YCIH Green High-Performance Concrete Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial								435.68	187.30	150.38	171.23	78.55

YCIH Green High-Performance Concrete 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.

YCIH Green High-Performance Concrete Co (HKSE:01847) 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.

YCIH Green High-Performance Concrete Co Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of YCIH Green High-Performance Concrete Co's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

YCIH Green High-Performance Concrete Co (HKSE:01847) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » YCIH Green High-Performance Concrete Co Ltd (HKSE:01847) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

188 Linxi Road, 5th Floor and 9th Floor, YCIH Development Building, Information Industrial Base, Yunnan, Economic and Technological Development Zone, Kunming, CHN

Website

https://www.ynhnt.com

YCIH Green High-Performance Concrete Co Ltd is a ready-mixed concrete producer in China. It produces and supplies ready-mixed concrete and related construction materials as well as provides quality and technology management services to customers. The company generates revenue in the form of the sale of ready-mixed concrete, polycarboxylic admixtures, aggregates, and Quality & technology management service. All of its revenues come from Mainland China.

Executives

Hwabao Trust Co., Ltd	2301 Trustee
Hua An Ji Jin Yun Nan Jiao Tou Tou Zi Dan Yi Zi Chan Guan Li Ji Hua	2501 Other
Yun Nan Sheng Jiao Tong Tou Zi Jian She Ji Tuan You Xian Gong Si
Yun Nan Jiao Tou Ji Tuan Tou Zi You Xian Gong Si	2101 Beneficial owner
Hua An Ji Jin Yun Nong Ken Dan Yi Zi Chan Guan Li Ji Hua	2501 Other
Yun Nan Nong Ken Ji Tuan You Xian Ze Ren Gong Si	2101 Beneficial owner
Kun Ming Gang Tie Kong Gu You Xian Gong Si	2101 Beneficial owner
Yun Nan Sheng Gong Ye Tou Zi Kong Gu Ji Tuan You Xian Ze Ren Gong Si	2101 Beneficial owner
Hua An Ji Jin Guan Li You Xian Gong Si	2501 Other
Yunnan Provincial Energy Investment Group Co., Ltd	2201 Interest of corporation controlled by you
Yunnan Energy Investment (h K) Co. Limited	2101 Beneficial owner
China Resources (holdings) Company Limited	2201 Interest of corporation controlled by you
Zoomlion International Trading (h.k.) Co.,limited	2101 Beneficial owner
Zoomlion Heavy Industry Science And Technology Co.,limited	2201 Interest of corporation controlled by you
Zoomlion H.k. Holding Co., Limited	2201 Interest of corporation controlled by you

YCIH Green High-Performance Concrete Co (HKSE:01847) Headlines

No Headlines