Tuhu Car (HKSE:09690) Cash And Cash Equivalents : HK$1,469 Mil (As of Dec. 2024)

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What is Tuhu Car Cash And Cash Equivalents?

Tuhu Car's quarterly cash and cash equivalents declined from Dec. 2023 (HK$2,969.92 Mil) to Jun. 2024 (HK$1,459.34 Mil) but then increased from Jun. 2024 (HK$1,459.34 Mil) to Dec. 2024 (HK$1,468.53 Mil).

Tuhu Car's annual cash and cash equivalents declined from Dec. 2022 (HK$2,999.89 Mil) to Dec. 2023 (HK$2,969.92 Mil) and declined from Dec. 2023 (HK$2,969.92 Mil) to Dec. 2024 (HK$1,468.53 Mil).

Tuhu Car Cash And Cash Equivalents Historical Data

The historical data trend for Tuhu Car'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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Tuhu Car Cash And Cash Equivalents Chart

Tuhu Car Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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1,380.98

1,802.78

2,999.89

2,969.92

1,468.53

Tuhu Car Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial				2,999.89	3,493.36	2,969.92	1,459.34	1,468.53

Tuhu Car 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.

Tuhu Car (HKSE:09690) 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.

Tuhu Car Cash And Cash Equivalents Related Terms

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Tuhu Car Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tuhu Car Inc (HKSE:09690) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

L83:Germany

Address

1999 Yishan Road, 8th Floor Building 24, Minhang District, Shanghai, CHN

Website

https://www.tuhu.cn

Tuhu Car Inc operates an integrated online and offline platforms for automotive service in China. Online, the company streamlines diverse car service needs into one centralized platform through its flagship TUHU Automotive Service APP and online interfaces, delivering the digital and on-demand service experience to customers. Offline, the company has three different types of stores, including self-operated Tuhu workshops, franchised Tuhu workshops, and third-party partner stores. It serves the passenger vehicle models sold in China, fulfilling automotive service demands ranging from tires and chassis parts replacement to auto maintenance, repair, detailing, and more. All of the company's geographic operations are carried out in PRC.

Executives

Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Chen Min	2501 Other
Nholresi Investment Limited	2101 Beneficial owner
Ilnewgnay Investment Limited	2201 Interest of corporation controlled by you
The Goldman Sachs Group, Inc.	2201 Interest of corporation controlled by you
Max Hope Limited
Ningbo Hongshan Binsheng Equity Investment Partnership (limited Partnership)
Ningbo Meishan Free Trade Port Hongshan Huanjia Investment Management Limited
Zhou Kui
Joy Capital Gp, Ltd	2201 Interest of corporation controlled by you
Fountainvest China Capital Partners Fund Iii, L.p.
Fountainvest China Capital Partners Gp3 Ltd.

Tuhu Car Headlines

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