GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Caihong Display Devices Co Ltd (SHSE:600707) » Definitions » Cash And Cash Equivalents

Caihong Display Devices Co (SHSE:600707) Cash And Cash Equivalents : ¥6,109 Mil (As of Sep. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Caihong Display Devices Co Cash And Cash Equivalents?

Caihong Display Devices Co's quarterly cash and cash equivalents increased from Mar. 2024 (¥5,493.77 Mil) to Jun. 2024 (¥6,459.19 Mil) but then stayed the same from Jun. 2024 (¥6,459.19 Mil) to Sep. 2024 (¥6,109.17 Mil).

Caihong Display Devices Co's annual cash and cash equivalents declined from Dec. 2021 (¥9,380.68 Mil) to Dec. 2022 (¥8,792.43 Mil) and declined from Dec. 2022 (¥8,792.43 Mil) to Dec. 2023 (¥4,759.54 Mil).


Caihong Display Devices Co Cash And Cash Equivalents Historical Data

The historical data trend for Caihong Display Devices 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.

Caihong Display Devices Co Cash And Cash Equivalents Chart

Caihong Display Devices Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,685.52 6,926.59 9,380.68 8,792.43 4,759.54

Caihong Display Devices 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,551.71 4,759.54 5,493.77 6,459.19 6,109.17

Caihong Display Devices 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.


Caihong Display Devices Co  (SHSE:600707) 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.


Caihong Display Devices Co Cash And Cash Equivalents Related Terms

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


Caihong Display Devices Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Caihong Road, Xianyang, Shanxi, CHN, 712021
Caihong Display Devices Co Ltd is engaged in the research and development of new energy photovoltaic glass. Its operations include construction and operation of solar power plants; production and sales of solar photovoltaic glass, tempered glass, coated glass, conductive film glass, flat glass, and vacuum glass; production and sales of solar cell chip, solar cell module, and their auxiliary products as well as silicon materials; solar photovoltaic power generation related business; and other products. The majority of its revenue comes from China.
Executives
Jin Bo Director
Wang Xiao Yang Supervisors
Yan Yue Ping Supervisors

Caihong Display Devices Co Headlines

No Headlines