Pujiang International Group (HKSE:02060) Cash And Cash Equivalents : HK$285 Mil (As of Jun. 2023)

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What is Pujiang International Group Cash And Cash Equivalents?

Pujiang International Group's quarterly cash and cash equivalents increased from Jun. 2022 (HK$408.07 Mil) to Dec. 2022 (HK$618.80 Mil) but then stayed the same from Dec. 2022 (HK$618.80 Mil) to Jun. 2023 (HK$285.38 Mil).

Pujiang International Group's annual cash and cash equivalents declined from Dec. 2020 (HK$1,057.31 Mil) to Dec. 2021 (HK$456.69 Mil) but then increased from Dec. 2021 (HK$456.69 Mil) to Dec. 2022 (HK$618.80 Mil).

Pujiang International Group Cash And Cash Equivalents Historical Data

The historical data trend for Pujiang International 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.

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Pujiang International Group Cash And Cash Equivalents Chart

Pujiang International Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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69.75

342.32

1,057.31

456.69

618.80

Pujiang International Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash And Cash Equivalents	Get a 7-Day Free Trial								361.00	456.69	408.07	618.80	285.38

Pujiang International 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.

Pujiang International Group (HKSE:02060) 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.

Pujiang International Group Cash And Cash Equivalents Related Terms

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Pujiang International Group (HKSE:02060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pujiang International Group Ltd (HKSE:02060) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

518 Shangcheng Road, 16th Floor, Shanghai, CHN, 200120

Website

http://www.pji-group.com

Pujiang International Group Ltd is a provider of bridge cables for the construction of super-long-span bridges in China and prestressed materials manufacturers in China. It is principally engaged in the manufacture of cables for the construction of bridges and prestressed materials for various infrastructure construction. The company has two main reporting business segments, namely, the business which manufactures cables for long-span bridges (the Cable Business) and the business which manufactures prestressed materials for various infrastructure construction (the Prestressed Materials Business). The Group's revenue customers are derived mainly from its operations in China.

Executives

Elegant Kindness Limited	2101 Beneficial owner
Tang Liang	2201 Interest of corporation controlled by you
Ubs Group Ag	2201 Interest of corporation controlled by you
China Silver Asset Management Llc	2102 Investment manager
Cs Asia Opportunities Master Fund	2101 Beneficial owner
China Silver Asset Management Limited	2102 Investment manager
China Merchants Bank Co., Ltd.	2201 Interest of corporation controlled by you
Cmb International Finance Limited	2106 Person having a security interest in shares

Pujiang International Group (HKSE:02060) Headlines

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