Guangdong Huate Gas Co (SHSE:688268) Cash And Cash Equivalents : ¥863 Mil (As of Mar. 2025)

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What is Guangdong Huate Gas Co Cash And Cash Equivalents?

Guangdong Huate Gas Co's quarterly cash and cash equivalents declined from Sep. 2024 (¥769.53 Mil) to Dec. 2024 (¥711.88 Mil) but then increased from Dec. 2024 (¥711.88 Mil) to Mar. 2025 (¥862.58 Mil).

Guangdong Huate Gas Co's annual cash and cash equivalents increased from Dec. 2022 (¥479.36 Mil) to Dec. 2023 (¥871.76 Mil) but then declined from Dec. 2023 (¥871.76 Mil) to Dec. 2024 (¥711.88 Mil).

Guangdong Huate Gas Co Cash And Cash Equivalents Historical Data

The historical data trend for Guangdong Huate 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.

Guangdong Huate Gas Co Cash And Cash Equivalents Chart

Guangdong Huate Gas Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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533.84

309.53

479.36

871.76

711.88

Guangdong Huate Gas Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial															779.89	850.37	769.53	711.88	862.58

Guangdong Huate 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.

Guangdong Huate Gas Co (SHSE:688268) 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.

Guangdong Huate Gas Co Cash And Cash Equivalents Related Terms

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Guangdong Huate Gas Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guangdong Huate Gas Co Ltd (SHSE:688268) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Jinfeng Road, Heshunfeng West Village, Nanhai District, Guangdong Province, East of Wentouling, Lishui Town, Foshan, CHN

Website

http://www.huategas.com

Guangdong Huate Gas Co Ltd is engaged in research, development and production of gas and gas equipment, covering industrial gases, electronic gases, electric light gases, ultra-high pure gases, calibration gases, laser gases, medical gases, and food grade gases. Its equipments include LGC, vaporizer, LNG emergency skids, and installation of equipment for the application of ultra high pure gases and industrial gases.

Executives

Fu Zhu Hong	Director
Wan Ling Zhi	senior management
Chen Yan Shan	Core technical personnel
Zhang Sui Hua	Directors, senior managers
Shi Ping Xiang	Director
Chen Li Ping	senior management
Pei You Hong	Core technical personnel
Liao Heng Yi	Senior management, core technical personnel
Zhang Jun Hua	senior management

Guangdong Huate Gas Co Headlines

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