Central China New Life (HKSE:09983) Cash And Cash Equivalents : HK$1,773 Mil (As of Dec. 2023)

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What is Central China New Life Cash And Cash Equivalents?

Central China New Life's quarterly cash and cash equivalents declined from Dec. 2022 (HK$2,288.24 Mil) to Jun. 2023 (HK$1,682.59 Mil) but then increased from Jun. 2023 (HK$1,682.59 Mil) to Dec. 2023 (HK$1,772.53 Mil).

Central China New Life's annual cash and cash equivalents declined from Dec. 2021 (HK$2,772.70 Mil) to Dec. 2022 (HK$2,288.24 Mil) and declined from Dec. 2022 (HK$2,288.24 Mil) to Dec. 2023 (HK$1,772.53 Mil).

Central China New Life Cash And Cash Equivalents Historical Data

The historical data trend for Central China New Life'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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Central China New Life Cash And Cash Equivalents Chart

Central China New Life Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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650.73

2,629.03

2,772.70

2,288.24

1,772.53

Central China New Life Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial							2,772.70	2,308.60	2,288.24	1,682.59	1,772.53

Central China New Life 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.

Central China New Life (HKSE:09983) 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.

Central China New Life Cash And Cash Equivalents Related Terms

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Central China New Life (HKSE:09983) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Central China New Life Ltd (HKSE:09983) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19 Dirun Road Room 411, 4th floor Building 2 Jianye Office Building, Zhengdong New District, Henan Province, Zhengzhou, CHN

Website

http://www.ccnewlife.com.cn

With over 20 years of operating history, Central China New Life, or CCNL, is the largest property management company in central China with geographical focus in Henan province. CCNL generates core revenue from providing property management services as well as value-added services to property owners and non-property owners. CCNL's coverage spans across the main cities in Henan province. The firm also seeks to leverage on the Jianye brand to provide an integrated online-to-offline service app platform called Jianye+ to deepen its penetration in Henan as a leading lifestyle service provider.

Executives

Jpmorgan Chase & Co.	2106 Person having a security interest in shares
Seatown Private Credit (cayman) Feeder Fund Ii Lp
Seatown Private Credit Feeder Fund Lp
Seatown Private Credit Master Fund
Seatown Private Credit Master Fund Ii
Seatown Singapore Feeder Fund Lp
Temasek Holdings (private) Limited
Enjoy Start Limited	2501 Other
Wu Lam Li	2501 Other
Wu Po Sum	2501 Other
Hillhouse Capital Advisors, Ltd.	2102 Investment manager
Gaoling Fund, L.p.	2101 Beneficial owner
Morgan Stanley & Co. International Plc	2105 Underwriter
Morgan Stanley International Holdings Inc.	2201 Interest of corporation controlled by you
Morgan Stanley International Limited	2201 Interest of corporation controlled by you

Central China New Life (HKSE:09983) Headlines

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