CPM Group (HKSE:01932) Cash And Cash Equivalents : HK$144.9 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is CPM Group Cash And Cash Equivalents?

CPM Group's quarterly cash and cash equivalents declined from Dec. 2022 (HK$147.52 Mil) to Jun. 2023 (HK$123.79 Mil) but then increased from Jun. 2023 (HK$123.79 Mil) to Dec. 2023 (HK$144.94 Mil).

CPM Group's annual cash and cash equivalents declined from Dec. 2021 (HK$196.09 Mil) to Dec. 2022 (HK$147.52 Mil) and declined from Dec. 2022 (HK$147.52 Mil) to Dec. 2023 (HK$144.94 Mil).

CPM Group Cash And Cash Equivalents Historical Data

The historical data trend for CPM 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.

CPM Group Cash And Cash Equivalents Chart

CPM Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

224.37

236.41

196.09

147.52

144.94

CPM Group Semi-Annual Data
	Dec14	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													196.09	111.14	147.52	123.79	144.94

CPM 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.

CPM Group (HKSE:01932) 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.

CPM Group Cash And Cash Equivalents Related Terms

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

CPM Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CPM Group Ltd (HKSE:01932) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

338 Hennessy Road, 31st Floor, CNT Tower, Wanchai, Hong Kong, HKG

Website

http://www.cpmgroup.com.hk

CPM Group Ltd is an investment holding company mainly engaged in the manufacture and sale of paint and coating products. The company has two reportable operating segments: the Paint Products segment which engages in the manufacture and sale of paint and coating products; and the Property Investment segment invests in industrial properties for their rental income potential. The company's principal products include industrial paint and coating products, architectural paint and coating products, general paint and coating, and ancillary products. It mainly distributes its products in the Mainland of China and Hong Kong markets. The group derives the majority of its revenue from Mainland China.

CPM Group Headlines

No Headlines