GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » WELLE Environmental Group Co Ltd (SZSE:300190) » Definitions » Cash And Cash Equivalents

WELLE Environmental Group Co (SZSE:300190) Cash And Cash Equivalents : ¥553 Mil (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is WELLE Environmental Group Co Cash And Cash Equivalents?

WELLE Environmental Group Co's quarterly cash and cash equivalents declined from Mar. 2024 (¥675.29 Mil) to Jun. 2024 (¥534.35 Mil) but then increased from Jun. 2024 (¥534.35 Mil) to Sep. 2024 (¥553.08 Mil).

WELLE Environmental Group Co's annual cash and cash equivalents declined from Dec. 2021 (¥1,116.66 Mil) to Dec. 2022 (¥922.54 Mil) and declined from Dec. 2022 (¥922.54 Mil) to Dec. 2023 (¥644.05 Mil).


WELLE Environmental Group Co Cash And Cash Equivalents Historical Data

The historical data trend for WELLE Environmental 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.

WELLE Environmental Group Co Cash And Cash Equivalents Chart

WELLE Environmental Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 819.02 754.22 1,116.66 922.54 644.05

WELLE Environmental Group Co 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 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 545.87 644.05 675.29 534.35 553.08

WELLE Environmental 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.


WELLE Environmental Group Co  (SZSE:300190) 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.


WELLE Environmental Group Co Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of WELLE Environmental Group Co's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.


WELLE Environmental Group Co Business Description

Traded in Other Exchanges
N/A
Address
No 156 Hanjiang Road, Changzhou New District, Jiangsu, CHN
WELLE Environmental Group Co Ltd is engaged in organic waste treatment in China. It business activities include technologies and integrated solutions for leachate treatment, food waste treatment, kitchen waste and mixed garbage treatment, waste to energy (WTE), municipal sewage and sludge treatment, biogas to energy, flue gas purification, soil and water pollution remediation, VOC oil vapor recovery, energy conservation and emission reduction and other water, solid and air-related technologies.
Executives
Zhang Jin Feng Executives
Pu Yan Xin Directors, executives
Zhou Li Ye Directors, executives
Jiang Guo Liang Directors, executives
Zong Tao Directors, executives
Zhu Wei Bing Supervisors
Huang Xing Gang Supervisors

WELLE Environmental Group Co Headlines

No Headlines