Sinomine Resource Group Co (SZSE:002738) Cash And Cash Equivalents : ¥3,562 Mil (As of Mar. 2025)

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What is Sinomine Resource Group Co Cash And Cash Equivalents?

Sinomine Resource Group Co's quarterly cash and cash equivalents increased from Sep. 2024 (¥2,558.03 Mil) to Dec. 2024 (¥4,084.37 Mil) but then stayed the same from Dec. 2024 (¥4,084.37 Mil) to Mar. 2025 (¥3,562.47 Mil).

Sinomine Resource Group Co's annual cash and cash equivalents increased from Dec. 2022 (¥2,911.69 Mil) to Dec. 2023 (¥4,915.30 Mil) but then declined from Dec. 2023 (¥4,915.30 Mil) to Dec. 2024 (¥4,084.37 Mil).

Sinomine Resource Group Co Cash And Cash Equivalents Historical Data

The historical data trend for Sinomine Resource 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.

* Premium members only.

Sinomine Resource Group Co Cash And Cash Equivalents Chart

Sinomine Resource Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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1,214.22

1,751.76

2,911.69

4,915.30

4,084.37

Sinomine Resource Group 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															4,079.03	3,277.96	2,558.03	4,084.37	3,562.47

Sinomine Resource 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.

Sinomine Resource Group Co (SZSE:002738) 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.

Sinomine Resource Group Co Cash And Cash Equivalents Related Terms

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Sinomine Resource Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sinomine Resource Group Co Ltd (SZSE:002738) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No. 161 Jinze Road, 39th Floor, Rui Center, Fengtai District, Beijing, CHN, 100073

Website

http://www.sinomine.cn

Sinomine Resource Group Co Ltd is engaged in solid mineral exploration technical services, mining rights investment and development, international engineering general contracting, international and domestic trade, and the research and development, production and sales of rare light metal raw materials such as lithium salts, cesium salts and rubidium salts.

Executives

Zhang Jin Wei	Directors, Directors, and Executives
Wang Zhen Hua	Executives
Jiang Yan Long	Executives
Zhang Xue Shu	Executives
Wang Ping Wei	Directors, executives
Sun Mei Chun	Director
Wei Yun Feng	Director
Wang Fang Miao	Director
Ou Xue Gang	Director
Xiao Xiao Xia	Directors, executives
Huang Ren Jing	Securities Affairs Representative
Chen Hai Zhou	Director
Liu Xin Guo	Director
Lin Fen	Supervisors
Fu Chao Yi	Executives

Sinomine Resource Group Co Headlines

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