ABA Chemicals (SZSE:300261) Cash And Cash Equivalents : ¥347 Mil (As of Mar. 2024)

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What is ABA Chemicals Cash And Cash Equivalents?

ABA Chemicals's quarterly cash and cash equivalents declined from Sep. 2023 (¥395.72 Mil) to Dec. 2023 (¥262.64 Mil) but then increased from Dec. 2023 (¥262.64 Mil) to Mar. 2024 (¥346.59 Mil).

ABA Chemicals's annual cash and cash equivalents declined from Dec. 2021 (¥611.00 Mil) to Dec. 2022 (¥451.80 Mil) and declined from Dec. 2022 (¥451.80 Mil) to Dec. 2023 (¥262.64 Mil).

ABA Chemicals Cash And Cash Equivalents Historical Data

The historical data trend for ABA Chemicals'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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ABA Chemicals Cash And Cash Equivalents Chart

ABA Chemicals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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369.98

625.76

611.00

451.80

262.64

ABA Chemicals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															524.37	396.85	395.72	262.64	346.59

ABA Chemicals 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.

ABA Chemicals (SZSE:300261) 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.

ABA Chemicals Cash And Cash Equivalents Related Terms

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ABA Chemicals (SZSE:300261) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » ABA Chemicals Corp (SZSE:300261) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No. 18 Dongfang East Road, Port Development Zone, Taicang Port, Petrochemical District, Jiangsu Province, Shanghai, CHN, 215433

Website

http://www.abachem.com

ABA Chemicals Corp is a Chinese company integrating research and development, production and sales in the field of life sciences. It is principally engaged in the production of advanced intermediates, active pharmaceutical ingredients (APIs), and pesticide products. Some of the products offered by the company are Acridine, Snail, Fluorourea, Pentanoyl chloride, Fondaparinux, and Levetiracetam.

Executives

Han Xue	Supervisors
Huang Liang	Supervisors
Ma Li Fan	Directors, executives
Cai Tong	Directors, executives
Mao Hai Feng	Directors, executives
Wang Zhuo Ying	Directors, Directors, and Executives
Han Jie	Supervisors
Liu Zhi Hui	Supervisors
Yang Ji Dong	Supervisors
Zhu Pei Fang	Securities Affairs Representative
Li Hang	Supervisors
Li Yuan Xing	Executives
	Executives
Qin Dong Guang	Executives
Wang Sheng Hong	Director

ABA Chemicals (SZSE:300261) Headlines

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