ENN Natural Gas Co (SHSE:600803) Cash And Cash Equivalents : ¥17,052 Mil (As of Mar. 2024)

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What is ENN Natural Gas Co Cash And Cash Equivalents?

ENN Natural Gas Co's quarterly cash and cash equivalents increased from Sep. 2023 (¥16,509.47 Mil) to Dec. 2023 (¥16,673.44 Mil) and increased from Dec. 2023 (¥16,673.44 Mil) to Mar. 2024 (¥17,051.69 Mil).

ENN Natural Gas Co's annual cash and cash equivalents declined from Dec. 2021 (¥11,506.04 Mil) to Dec. 2022 (¥9,238.09 Mil) but then increased from Dec. 2022 (¥9,238.09 Mil) to Dec. 2023 (¥16,673.44 Mil).

ENN Natural Gas Co Cash And Cash Equivalents Historical Data

The historical data trend for ENN Natural Gas 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.

ENN Natural Gas Co Cash And Cash Equivalents Chart

ENN Natural Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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11,680.17

10,236.96

11,506.04

9,238.09

16,673.44

ENN Natural Gas Co 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															11,095.37	11,729.39	16,509.47	16,673.44	17,051.69

ENN Natural Gas 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.

ENN Natural Gas Co (SHSE:600803) 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.

ENN Natural Gas Co Cash And Cash Equivalents Related Terms

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ENN Natural Gas Co (SHSE:600803) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » ENN Natural Gas Co Ltd (SHSE:600803) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

383 Heping East Road, Hebei, Shijiazhuang, CHN, 050031

Website

http://www.enn-ec.com.cn

ENN Natural Gas Co Ltd formerly known as ENN Ecological Holdings Co Ltd is a natural gas distributor. The company has formed four division namely natural gas sales, integrated energy services, energy trade, and energy transmission and distribution. Its products include natural gas, coal, methanol, Dimethyl ether, Double junction silicon-based thin film solar panel, Ubiquitous energy efficiency platform, and Micro gas turbine.

Executives

Han Ji Shen	Director
Liang Hong Yu	senior management
Jiang Cheng Hong	Director
Zhang Xiao Yang	senior management
Yu Jian Chao	Director
Zheng Wen Ping	senior management
Wang Dong Zhi	senior management
Zheng Hong Tao	Directors, senior managers
Liu Jian Jun	senior management
Zhang Jin	Director
Wang Shuo	senior management
Huang Bao Guang	senior management
Wang Gui Qi	senior management
Men Ji Jun	senior management
Wang Shi Hong	senior management

ENN Natural Gas Co (SHSE:600803) Headlines

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