Ronglian Group (SZSE:002642) Cash And Cash Equivalents : ¥416 Mil (As of Mar. 2025)

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What is Ronglian Group Cash And Cash Equivalents?

Ronglian Group's quarterly cash and cash equivalents increased from Sep. 2024 (¥367.01 Mil) to Dec. 2024 (¥483.23 Mil) but then stayed the same from Dec. 2024 (¥483.23 Mil) to Mar. 2025 (¥415.51 Mil).

Ronglian Group's annual cash and cash equivalents increased from Dec. 2022 (¥556.85 Mil) to Dec. 2023 (¥664.35 Mil) but then declined from Dec. 2023 (¥664.35 Mil) to Dec. 2024 (¥483.23 Mil).

Ronglian Group Cash And Cash Equivalents Historical Data

The historical data trend for Ronglian 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.

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Ronglian Group Cash And Cash Equivalents Chart

Ronglian Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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549.29

690.32

556.85

664.35

483.23

Ronglian Group 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															530.29	320.51	367.01	483.23	415.51

Ronglian 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.

Ronglian Group (SZSE:002642) 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.

Ronglian Group Cash And Cash Equivalents Related Terms

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Ronglian Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ronglian Group Ltd (SZSE:002642) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

A10 Jiuxianqiao North Road, UEC Plaza, Building 106, Chaoyang District, Beijing, CHN

Website

http://www.ronglian.com

Ronglian Group Ltd provides IT solutions and services. Its services include system integration, software development, project management and service system, enterprise cloud service, and other services. The company provides services to education industry, manufacturing industry, finance industry, and telecom industry.

Executives

Wang Dong Hui	Directors, executives
Fang Yong	Directors, executives
Ju Hai Tao	Directors, executives
Huo Xiang Qi	Directors, executives
Han Yan	Executives
Zhao Chuan Sheng	Executives
Luo Li Cheng	Executives
Wu Xuan	Executives
Peng Jun Lin	Executives
Lu Ya Feng	Supervisors
Zhang Tong	Directors, executives
Shi Wei Hua	Directors, executives
Ding Hong Zhen	Executives
Gao Feng	Executives
Gao Si Hua	Independent director

Ronglian Group Headlines

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