SUPCON Technology Co (SHSE:688777) Cash And Cash Equivalents : ¥4,931 Mil (As of Mar. 2024)

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What is SUPCON Technology Co Cash And Cash Equivalents?

SUPCON Technology Co's quarterly cash and cash equivalents increased from Sep. 2023 (¥5,137.12 Mil) to Dec. 2023 (¥5,472.69 Mil) but then stayed the same from Dec. 2023 (¥5,472.69 Mil) to Mar. 2024 (¥4,930.79 Mil).

SUPCON Technology Co's annual cash and cash equivalents declined from Dec. 2021 (¥1,392.19 Mil) to Dec. 2022 (¥1,386.86 Mil) but then increased from Dec. 2022 (¥1,386.86 Mil) to Dec. 2023 (¥5,472.69 Mil).

SUPCON Technology Co Cash And Cash Equivalents Historical Data

The historical data trend for SUPCON 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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SUPCON Technology Co Cash And Cash Equivalents Chart

SUPCON Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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325.21

1,323.64

1,392.19

1,386.86

5,472.69

SUPCON Technology Co Quarterly Data
	Mar19	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															1,539.08	5,037.73	5,137.12	5,472.69	4,930.79

SUPCON 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.

SUPCON Technology Co (SHSE:688777) 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.

SUPCON Technology Co Cash And Cash Equivalents Related Terms

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SUPCON Technology Co (SHSE:688777) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SUPCON Technology Co Ltd (SHSE:688777) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No. 309, Liuhe Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310053

Website

http://www.supcontech.com

SUPCON Technology Co Ltd is engaged in providing technologies and products with automation control system covering industrial software, automation instrumentation and operation and maintenance services. Its products include Total solution, Instruments, PCS, APC & MES, and ERP. Its products are used in various industries including Oil & Gas; Petrochemical & Refinery; Chemical; Power; Building Material; Pulp & Paper; Metallurgy; among others.

Executives

Chen Yu	Core technical personnel
Lai Jing Yu	senior management
Shen Hui	senior management
Qiu Kun	Senior management, core technical personnel
	senior management
Ding Xiao Bo	senior management
Mo Wei	senior management
Yao Jie	Core technical personnel
Yu Hai Bin	senior management
Zhang Lei	senior management
Lu Wei Jun	Core technical personnel
Guo Biao	senior management
Liang Qiao Chu	Supervisors
Fang Yong Sheng	senior management
Jin Jian Xiang	Director

SUPCON Technology Co (SHSE:688777) Headlines

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