Shenzhen Worldunion Group (SZSE:002285) Cash And Cash Equivalents : ¥1,033 Mil (As of Sep. 2024)

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What is Shenzhen Worldunion Group Cash And Cash Equivalents?

Shenzhen Worldunion Group's quarterly cash and cash equivalents declined from Mar. 2024 (¥1,249.94 Mil) to Jun. 2024 (¥1,124.01 Mil) but then stayed the same from Jun. 2024 (¥1,124.01 Mil) to Sep. 2024 (¥1,032.70 Mil).

Shenzhen Worldunion Group's annual cash and cash equivalents increased from Dec. 2021 (¥1,866.28 Mil) to Dec. 2022 (¥2,200.85 Mil) but then declined from Dec. 2022 (¥2,200.85 Mil) to Dec. 2023 (¥1,614.22 Mil).

Shenzhen Worldunion Group Cash And Cash Equivalents Historical Data

The historical data trend for Shenzhen Worldunion Group'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.

Shenzhen Worldunion Group Cash And Cash Equivalents Chart

Shenzhen Worldunion Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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2,582.45

2,259.50

1,866.28

2,200.85

1,614.22

Shenzhen Worldunion Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,667.87	1,614.22	1,249.94	1,124.01	1,032.70

Shenzhen Worldunion Group 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.

Shenzhen Worldunion Group (SZSE:002285) 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.

Shenzhen Worldunion Group Cash And Cash Equivalents Related Terms

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Shenzhen Worldunion Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Worldunion Group Inc (SZSE:002285) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

2028 Shennan East Road, 12th Floor, Golden Business Centre, Guangdong, Shenzhen, CHN, 518001

Website

http://www.worldunion.com.cn

Shenzhen Worldunion Group Inc is a China-based consulting company specialized in the real estate industry. It also provides Consulting, Agency marketing, Financial Services, and Asset services. The company operates mainly within domestic markets.

Executives

Yuan Hong Chang	Supervisors
Li Rong	Executives
Zhu Min	Directors, executives
Ji Ru Jin	Supervisors
Fan Ying	Directors, executives
Wang Wei	Executives
Jiao An Ping	Executives
Chen Jin Song	Director
Wang Hai Chen	Executives
Teng Bai Song	Supervisors
Zhou Xiao Hua	Director
Wang Zheng Yu	Executives
Lin Wei	Executives
Mo Tian Quan	Director
Xing Bai Jing	Executives

Shenzhen Worldunion Group Headlines

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