OPT Machine Vision Tech Co (SHSE:688686) Cash And Cash Equivalents : ¥465.1 Mil (As of Sep. 2024)

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What is OPT Machine Vision Tech Co Cash And Cash Equivalents?

OPT Machine Vision Tech Co's quarterly cash and cash equivalents declined from Mar. 2024 (¥801.20 Mil) to Jun. 2024 (¥720.08 Mil) but then stayed the same from Jun. 2024 (¥720.08 Mil) to Sep. 2024 (¥465.05 Mil).

OPT Machine Vision Tech Co's annual cash and cash equivalents declined from Dec. 2021 (¥595.47 Mil) to Dec. 2022 (¥554.73 Mil) but then increased from Dec. 2022 (¥554.73 Mil) to Dec. 2023 (¥653.87 Mil).

OPT Machine Vision Tech Co Cash And Cash Equivalents Historical Data

The historical data trend for OPT Machine Vision Tech 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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OPT Machine Vision Tech Co Cash And Cash Equivalents Chart

OPT Machine Vision Tech Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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94.39

1,625.67

595.47

554.73

653.87

OPT Machine Vision Tech 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															523.90	653.87	801.20	720.08	465.05

OPT Machine Vision Tech 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.

OPT Machine Vision Tech Co (SHSE:688686) 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.

OPT Machine Vision Tech Co Cash And Cash Equivalents Related Terms

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OPT Machine Vision Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » OPT Machine Vision Tech Co Ltd (SHSE:688686) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Jinsheng Road, Henan Industrial Zone, Jinxia Community, Chang'an Town, Guangdong Province, Dongguan, CHN, 523853

Website

https://www.optmv.com

OPT Machine Vision Tech Co Ltd is a supplier of core automation components. OPT products include vision systems, light sources, lenses, industrial cameras, 3D laser sensors, industrial barcode readers and others.

Executives

Lu Sheng Lin	Directors, senior managers, core technical personn
Lu Zhi Lin	Directors, senior managers
Xu Xue Liang	Directors, senior managers
He Zhen Zhen	Core technical personnel
Li Jiang Feng	Core technical personnel
Ye Jian Ping	senior management
Li Mao Bo	Director

OPT Machine Vision Tech Co Headlines

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