Xi'an Tourism Co (SZSE:000610) Cash And Cash Equivalents : ¥176.2 Mil (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Xi'an Tourism Co Cash And Cash Equivalents?

Xi'an Tourism Co's quarterly cash and cash equivalents declined from Sep. 2023 (¥301.99 Mil) to Dec. 2023 (¥179.32 Mil) but then stayed the same from Dec. 2023 (¥179.32 Mil) to Mar. 2024 (¥176.24 Mil).

Xi'an Tourism Co's annual cash and cash equivalents declined from Dec. 2021 (¥466.10 Mil) to Dec. 2022 (¥283.85 Mil) and declined from Dec. 2022 (¥283.85 Mil) to Dec. 2023 (¥179.32 Mil).

Xi'an Tourism Co Cash And Cash Equivalents Historical Data

The historical data trend for Xi'an Tourism 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.

Xi'an Tourism Co Cash And Cash Equivalents Chart

Xi'an Tourism Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

362.82

313.58

466.10

283.85

179.32

Xi'an Tourism 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															392.96	254.74	301.99	179.32	176.24

Xi'an Tourism 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.

Xi'an Tourism Co (SZSE:000610) 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.

Xi'an Tourism Co Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Xi'an Tourism Co's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Xi'an Tourism Co (SZSE:000610) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Xi'an Tourism Co Ltd (SZSE:000610) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.27, West Section of South Second Ring Road, 7th Floor, Xi'an Tourism Building, Shaanxi Province, Xi'an, CHN, 710061

Website

http://www.xatourism.com

Xi'an Tourism Co Ltd is engaged in tourism services. The company's business scope includes travel agency, catering, hotel, entertainment business, real estate development, business, and other fields.

Executives

Yue Fu Yun	Directors, executives
Zhang Hong Wei	Directors, executives
Xie Ping Wei	Director
Jing Ying Jie	Directors, executives
Meng Lei	Secretary Dong
Ceng Jin	Executives, supervisors
Xue Hong	Executives
Lu Xia	Executives
Zhao Yu Ling	Supervisors
Zhang Hua	Supervisors

Xi'an Tourism Co (SZSE:000610) Headlines

No Headlines