Muyuan Foods Co (SZSE:002714) Cash And Cash Equivalents : ¥15,763 Mil (As of Sep. 2023)

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What is Muyuan Foods Co Cash And Cash Equivalents?

Muyuan Foods Co's quarterly cash and cash equivalents declined from Mar. 2023 (¥23,209.73 Mil) to Jun. 2023 (¥17,553.10 Mil) but then stayed the same from Jun. 2023 (¥17,553.10 Mil) to Sep. 2023 (¥15,762.87 Mil).

Muyuan Foods Co's annual cash and cash equivalents declined from Dec. 2020 (¥14,593.57 Mil) to Dec. 2021 (¥12,197.63 Mil) but then increased from Dec. 2021 (¥12,197.63 Mil) to Dec. 2022 (¥20,793.55 Mil).

Muyuan Foods Co Cash And Cash Equivalents Historical Data

The historical data trend for Muyuan Foods 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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Muyuan Foods Co Cash And Cash Equivalents Chart

Muyuan Foods Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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2,778.30

10,933.21

14,593.57

12,197.63

20,793.55

Muyuan Foods Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															15,106.33	20,793.55	23,209.73	17,553.10	15,762.87

Muyuan Foods 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.

Muyuan Foods Co (SZSE:002714) 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.

Muyuan Foods Co Cash And Cash Equivalents Related Terms

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Muyuan Foods Co (SZSE:002714) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Muyuan Foods Co Ltd (SZSE:002714) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Longsheng Industrial Park, Wolong District, Nanyang, CHN, 473000

Website

https://www.muyuanfoods.com

Muyuan Foods is the largest hog producer in China and operates an integrated model, stretching from feed processing, swine medicine development, and sow breeding, to hog raising and slaughtering. The company derives over 80% of its sales from hog production and has increased its exposure to hog processing in recent years. In recent years, feed processing has also taken up a mid-single-digit percentage of sales. Muyuan's hog output has increased 46 times between 2013 and 2022.

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