Chengdu B-ray Media Co (SHSE:600880) Cash And Cash Equivalents : ¥537.3 Mil (As of Mar. 2024)

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What is Chengdu B-ray Media Co Cash And Cash Equivalents?

Chengdu B-ray Media Co's quarterly cash and cash equivalents increased from Sep. 2023 (¥360.05 Mil) to Dec. 2023 (¥487.63 Mil) and increased from Dec. 2023 (¥487.63 Mil) to Mar. 2024 (¥537.35 Mil).

Chengdu B-ray Media Co's annual cash and cash equivalents increased from Dec. 2021 (¥578.43 Mil) to Dec. 2022 (¥643.94 Mil) but then declined from Dec. 2022 (¥643.94 Mil) to Dec. 2023 (¥487.63 Mil).

Chengdu B-ray Media Co Cash And Cash Equivalents Historical Data

The historical data trend for Chengdu B-ray Media 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.

Chengdu B-ray Media Co Cash And Cash Equivalents Chart

Chengdu B-ray Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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867.43

839.89

578.43

643.94

487.63

Chengdu B-ray Media 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															509.21	420.44	360.05	487.63	537.35

Chengdu B-ray Media 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.

Chengdu B-ray Media Co (SHSE:600880) 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.

Chengdu B-ray Media Co Cash And Cash Equivalents Related Terms

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Chengdu B-ray Media Co (SHSE:600880) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Chengdu B-ray Media Co Ltd (SHSE:600880) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Jinjiang Industrial Park, Sichuan Province, Chengdu, CHN, 610063

Website

http://www.b-raymedia.com

Chengdu B-ray Media Co Ltd is a China-based media company which operates newspaper and commercial printing services, outdoor and agent advertising, as well as newspaper and magazine printing and delivery, and the operation of online games.

Executives

Lv Gong Yi	Director
Xu Xiao Dong	senior management
Jiang Xue Mei	Director
Zhang Yue Ming	Supervisors
Meng Fang Lan	Supervisors
Gou Jun	senior management
Cao Jian Chun	Director
Li Xiang Yu	senior management
Wei Xiao	senior management
Yuan Ji Guo	Director
Luo Chong Yang	senior management
Zhang Fu Mao	Director
Li Zhi Gang	Supervisors
Qi Yong	senior management
Sun Xu Jun	Director

Chengdu B-ray Media Co (SHSE:600880) Headlines

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