Shantui Construction Machinery Co (SZSE:000680) Cash And Cash Equivalents : ¥3,416 Mil (As of Mar. 2024)

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What is Shantui Construction Machinery Co Cash And Cash Equivalents?

Shantui Construction Machinery Co's quarterly cash and cash equivalents increased from Sep. 2023 (¥2,682.12 Mil) to Dec. 2023 (¥3,287.74 Mil) and increased from Dec. 2023 (¥3,287.74 Mil) to Mar. 2024 (¥3,415.56 Mil).

Shantui Construction Machinery Co's annual cash and cash equivalents declined from Dec. 2021 (¥2,859.70 Mil) to Dec. 2022 (¥2,657.36 Mil) but then increased from Dec. 2022 (¥2,657.36 Mil) to Dec. 2023 (¥3,287.74 Mil).

Shantui Construction Machinery Co Cash And Cash Equivalents Historical Data

The historical data trend for Shantui Construction Machinery 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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Shantui Construction Machinery Co Cash And Cash Equivalents Chart

Shantui Construction Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,567.66

1,915.91

2,859.70

2,657.36

3,287.74

Shantui Construction Machinery 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															2,769.29	2,547.28	2,682.12	3,287.74	3,415.56

Shantui Construction Machinery 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.

Shantui Construction Machinery Co (SZSE:000680) 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.

Shantui Construction Machinery Co Cash And Cash Equivalents Related Terms

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Shantui Construction Machinery Co (SZSE:000680) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Shantui Construction Machinery Co Ltd (SZSE:000680) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No. 58 Taibai East Road, National Highway 327, Shantui International Business Park, High-tech Zone, Shandong province, Jining, CHN, 272073

Website

http://www.shantui.com

Shantui Construction Machinery Co Ltd is a China-based company specializing in the research and development, manufacture and sale of construction machinery products and related spare parts. Its product portfolio covers earthmoving machinery, pavement and compaction machinery, concrete machinery, excavators, loaders and other host products. The company has formed industrial bases such as bulldozers, road machinery, loaders, concrete machinery and construction machinery parts.

Executives

Wu Ru Jiang	Director
Su Zi Meng	Independent director
Sun Xue Ke	Director
Xia Yu Wu	Director
Wang Xiao Ying	Supervisors
Zhang Jian	Executives
Yan Kai Rong	Executives
Li Dian He	Executives
Yin Xiang Hua	Director
Bi Yu Xin	Securities Affairs Representative
Cheng Ze Hu	Supervisors
Gao La Sheng	Executives
Zhang Xiu Wen	Directors, executives
Dong Ping	Director
Wu Yu Zhong	Executives

Shantui Construction Machinery Co (SZSE:000680) Headlines

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