Henan Dayou Energy Co (SHSE:600403) Cash And Cash Equivalents : ¥5,002 Mil (As of Sep. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Henan Dayou Energy Co Cash And Cash Equivalents?

Henan Dayou Energy Co's quarterly cash and cash equivalents increased from Mar. 2024 (¥4,201.37 Mil) to Jun. 2024 (¥5,294.69 Mil) but then stayed the same from Jun. 2024 (¥5,294.69 Mil) to Sep. 2024 (¥5,002.18 Mil).

Henan Dayou Energy Co's annual cash and cash equivalents increased from Dec. 2021 (¥5,016.23 Mil) to Dec. 2022 (¥5,511.68 Mil) but then declined from Dec. 2022 (¥5,511.68 Mil) to Dec. 2023 (¥4,306.45 Mil).

Henan Dayou Energy Co Cash And Cash Equivalents Historical Data

The historical data trend for Henan Dayou Energy 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.

Henan Dayou Energy Co Cash And Cash Equivalents Chart

Henan Dayou Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

6,493.98

4,443.56

5,016.23

5,511.68

4,306.45

Henan Dayou Energy Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															4,957.81	4,306.45	4,201.37	5,294.69	5,002.18

Henan Dayou Energy 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.

Henan Dayou Energy Co (SHSE:600403) 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.

Henan Dayou Energy Co Cash And Cash Equivalents Related Terms

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

Henan Dayou Energy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Henan Dayou Energy Co Ltd (SHSE:600403) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No. 9 Shanghai Road, Water Logistics Service Center, 6th Floor, Jiangsu, Nanjing, CHN, 210061

Website

http://www.hndyny.com

Henan Dayou Energy Co Ltd produces high-quality kennel coal, coking coal, meagre coal, clean coal, which are widely used in various industries, such as power generation, gasification, industrial boilers, coking, building materials in China.

Executives

Wu Shuai Dong	senior management
Ma Yun Shan	Director

Henan Dayou Energy Co Headlines

No Headlines