Neusoft (SHSE:600718) Cash And Cash Equivalents : ¥2,119 Mil (As of Mar. 2024)

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What is Neusoft Cash And Cash Equivalents?

Neusoft's quarterly cash and cash equivalents increased from Sep. 2023 (¥1,865.39 Mil) to Dec. 2023 (¥2,412.83 Mil) but then stayed the same from Dec. 2023 (¥2,412.83 Mil) to Mar. 2024 (¥2,119.29 Mil).

Neusoft's annual cash and cash equivalents increased from Dec. 2021 (¥2,010.85 Mil) to Dec. 2022 (¥2,372.28 Mil) and increased from Dec. 2022 (¥2,372.28 Mil) to Dec. 2023 (¥2,412.83 Mil).

Neusoft Cash And Cash Equivalents Historical Data

The historical data trend for Neusoft'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.

Neusoft Cash And Cash Equivalents Chart

Neusoft Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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3,262.04

2,606.54

2,010.85

2,372.28

2,412.83

Neusoft Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,864.51	1,937.75	1,865.39	2,412.83	2,119.29

Neusoft 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.

Neusoft (SHSE:600718) 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.

Neusoft Cash And Cash Equivalents Related Terms

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Neusoft (SHSE:600718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Neusoft Corp (SHSE:600718) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

No. 2 Xinxiu Street, Dongda Software Park, Hunnan New District, Shenyang, Liaoning, CHN, 110179

Website

http://www.neusoft.com.cn

Neusoft Corp provides information technology solutions and services. The company focuses on software technology and provides industry solutions and product engineering solutions, related software products and platforms, and services. It serves the following industries - telecom, energy, finance, government, manufacturing, trade logistics, healthcare, education, transportation, mobile internet, media, and environmental protection. Neusoft offers services like - application development and maintenance, ERP implementation and consulting, testing, performance engineering, software localization and globalization, IT infrastructure, BPO, IT education and training.

Executives

Gai Long Jia	senior management
Wang Jing Xi	senior management
Zhang Xiao Ou	senior management
Wang Yong Feng	Directors, senior managers
Chen Xi Min	Directors, senior managers
Wang Nan	senior management
Xu Hong Li	senior management
Li Jun	senior management
Liu Ji Ren	Director
Diao Ai Li	Supervisors
Yang Wei	Supervisors
Lu Chao Xia	senior management
Zhang Xia	senior management
Jian Guo Dong	senior management
Ge Sheng Liu	Supervisors

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