FSPG Hi-Tech Co (SZSE:000973) Cash And Cash Equivalents : ¥693 Mil (As of Mar. 2025)

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What is FSPG Hi-Tech Co Cash And Cash Equivalents?

FSPG Hi-Tech Co's quarterly cash and cash equivalents increased from Sep. 2024 (¥671.36 Mil) to Dec. 2024 (¥733.02 Mil) but then stayed the same from Dec. 2024 (¥733.02 Mil) to Mar. 2025 (¥692.62 Mil).

FSPG Hi-Tech Co's annual cash and cash equivalents declined from Dec. 2022 (¥969.48 Mil) to Dec. 2023 (¥834.35 Mil) and declined from Dec. 2023 (¥834.35 Mil) to Dec. 2024 (¥733.02 Mil).

FSPG Hi-Tech Co Cash And Cash Equivalents Historical Data

The historical data trend for FSPG Hi-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.

* Premium members only.

FSPG Hi-Tech Co Cash And Cash Equivalents Chart

FSPG Hi-Tech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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417.99

423.04

969.48

834.35

733.02

FSPG Hi-Tech 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															731.63	704.15	671.36	733.02	692.62

FSPG Hi-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.

FSPG Hi-Tech Co (SZSE:000973) 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.

FSPG Hi-Tech Co Cash And Cash Equivalents Related Terms

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FSPG Hi-Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » FSPG Hi-Tech Co Ltd (SZSE:000973) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

72 Fenjiang Zhong Road, Chancheng District, Foshan, CHN, 528000

Website

http://www.foshan-plastic.com

FSPG Hi-Tech Co Ltd is a China-based company primarily engaged in the research and development, production and sale of new energy, new materials, energy saving technologies and environmental protection products. The company offers Packaging materials, such as BOPA, BOPP drinking straw and cigarette packaging materials, and laminated AL films; Electric and optical materials, such as BOPP capacitor and polarizer films; Construction materials comprising woven fabrics and PE-Xc pipes; Personal Healthcare & Clothing Material such as PE Casting Embossed Film and EasyTexTM and Advertisement & Labeling Material includes PVC Film For Graphics Use. Geographically the operations are carried out through China.

Executives

Huang Bing Di	Directors, executives
Wang Lei	Executives
Wang Yu Hong	Supervisors
Xu Yong	Director
Li Man Li	Executives
Feng Zhao Zheng	Director
Tao Luo Cheng	Executives
Zhou Zhi Hui	Executives
Liu Ya Jun	Executives
Wu Yao Gen	Director
Luo Han Jun	Directors, executives
Lv Sen	Executives

FSPG Hi-Tech Co Headlines

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