GDH Supertime Group Co (SZSE:001338) Cash And Cash Equivalents : ¥682 Mil (As of Mar. 2024)

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What is GDH Supertime Group Co Cash And Cash Equivalents?

GDH Supertime Group Co's quarterly cash and cash equivalents declined from Sep. 2023 (¥806.70 Mil) to Dec. 2023 (¥553.01 Mil) but then increased from Dec. 2023 (¥553.01 Mil) to Mar. 2024 (¥682.21 Mil).

GDH Supertime Group Co's annual cash and cash equivalents increased from Dec. 2021 (¥161.22 Mil) to Dec. 2022 (¥650.14 Mil) but then declined from Dec. 2022 (¥650.14 Mil) to Dec. 2023 (¥553.01 Mil).

GDH Supertime Group Co Cash And Cash Equivalents Historical Data

The historical data trend for GDH Supertime Group 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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GDH Supertime Group Co Cash And Cash Equivalents Chart

GDH Supertime Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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228.11

243.20

161.22

650.14

553.01

GDH Supertime Group Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial										517.36	650.04	806.70	553.01	682.21

GDH Supertime Group 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.

GDH Supertime Group Co (SZSE:001338) 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.

GDH Supertime Group Co Cash And Cash Equivalents Related Terms

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GDH Supertime Group Co (SZSE:001338) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » GDH Supertime Group Co Ltd (SZSE:001338) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Mingzhu Road, Room 310, Room 309, Comprehensive Building, Huangpu District, Guangdong Province, Guangzhou, CHN, 510700

Website

http://www.supertime-malting.com

GDH Supertime Group Co Ltd is engaged in the research and development, production and sales of malt.

GDH Supertime Group Co (SZSE:001338) Headlines

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