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Ningbo Xianfeng New Material Co (SZSE:300163) Cash And Cash Equivalents : ¥56.3 Mil (As of Mar. 2025)


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What is Ningbo Xianfeng New Material Co Cash And Cash Equivalents?

Ningbo Xianfeng New Material Co's quarterly cash and cash equivalents declined from Sep. 2024 (¥94.59 Mil) to Dec. 2024 (¥90.09 Mil) but then stayed the same from Dec. 2024 (¥90.09 Mil) to Mar. 2025 (¥56.31 Mil).

Ningbo Xianfeng New Material Co's annual cash and cash equivalents increased from Dec. 2022 (¥75.55 Mil) to Dec. 2023 (¥87.96 Mil) and increased from Dec. 2023 (¥87.96 Mil) to Dec. 2024 (¥90.09 Mil).


Ningbo Xianfeng New Material Co Cash And Cash Equivalents Historical Data

The historical data trend for Ningbo Xianfeng New Material 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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Ningbo Xianfeng New Material Co Cash And Cash Equivalents Chart

Ningbo Xianfeng New Material Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.94 41.77 75.55 87.96 90.09

Ningbo Xianfeng New Material 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.39 117.12 94.59 90.09 56.31

Ningbo Xianfeng New Material 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.


Ningbo Xianfeng New Material Co  (SZSE:300163) 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.


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Ningbo Xianfeng New Material Co Business Description

Traded in Other Exchanges
N/A
Address
Shanxiazhuang Village, Jishigang Town, Haishu District, Ningbo, CHN, 315171
Ningbo Xianfeng New Material Co Ltd is engaged in the development and manufacture of screen fabrics, blackouts, and technical sun shading materials. The portfolio of the company includes office building, shade structures in cafe, velums in commercial building, and zhenhai customs.
Executives
Xiong Jun Directors, executives
Ye Lin Ling Executives
Ling Sai Zhen Secretary, Director
Zhong Xian Yan Supervisors
Zhu Lin Supervisors
Lu Xian Feng Directors, executives
Pan Xiang Jiang Executives
Tang Yan Jun Securities Affairs Representative
Meng Fan Long Directors, Directors, and Executives
Gu Wei Zu Directors, executives
Wang Ying Min Supervisors
Wang Yu Hua Director
Sang Wei Miao Supervisors
Ding Li Directors, executives

Ningbo Xianfeng New Material Co Headlines

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