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Weaver Network Technology Co (SHSE:603039) Cash And Cash Equivalents : ¥1,149 Mil (As of Sep. 2024)


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What is Weaver Network Technology Co Cash And Cash Equivalents?

Weaver Network Technology Co's quarterly cash and cash equivalents declined from Mar. 2024 (¥1,381.09 Mil) to Jun. 2024 (¥1,144.49 Mil) but then increased from Jun. 2024 (¥1,144.49 Mil) to Sep. 2024 (¥1,148.50 Mil).

Weaver Network Technology Co's annual cash and cash equivalents declined from Dec. 2021 (¥1,984.53 Mil) to Dec. 2022 (¥1,557.20 Mil) and declined from Dec. 2022 (¥1,557.20 Mil) to Dec. 2023 (¥1,433.69 Mil).


Weaver Network Technology Co Cash And Cash Equivalents Historical Data

The historical data trend for Weaver Network Technology 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.

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Weaver Network Technology Co Cash And Cash Equivalents Chart

Weaver Network Technology 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 960.06 1,618.60 1,984.53 1,557.20 1,433.69

Weaver Network Technology 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 1,484.21 1,433.69 1,381.09 1,144.49 1,148.50

Weaver Network Technology 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.


Weaver Network Technology Co  (SHSE:603039) 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.


Weaver Network Technology Co Cash And Cash Equivalents Related Terms

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Weaver Network Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3419 Sanlu Highway, Fanwei Software Park, Minhang, Shanghai, CHN, 201112
Weaver Network Technology Co Ltd is a China based company engaged in developing collaborative management software. The product system provided by the company includes cloud office platform, mobile platform e-mobile, collaborative management application platform, and collaborative office standard edition, among others. It also offers information portal solution, cost control management solution, group management solution, target performance management solution.
Executives
Wei Li Dong Directors, senior managers
Sui Qing senior management
Hu Bo senior management
Wang Chen Zhi Directors, senior managers
Yang Guo Sheng senior management
Bao Xiao Juan Directors, senior managers
Zhou Jun Feng Director
Jin Ge Directors, senior managers
Xiong Xue Wu Director

Weaver Network Technology Co Headlines

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