Hebei Huijin Group Co (SZSE:300368) Cash And Cash Equivalents : ¥84.7 Mil (As of Mar. 2024)

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What is Hebei Huijin Group Co Cash And Cash Equivalents?

Hebei Huijin Group Co's quarterly cash and cash equivalents declined from Sep. 2023 (¥92.72 Mil) to Dec. 2023 (¥74.04 Mil) but then increased from Dec. 2023 (¥74.04 Mil) to Mar. 2024 (¥84.69 Mil).

Hebei Huijin Group Co's annual cash and cash equivalents declined from Dec. 2021 (¥269.05 Mil) to Dec. 2022 (¥225.55 Mil) and declined from Dec. 2022 (¥225.55 Mil) to Dec. 2023 (¥74.04 Mil).

Hebei Huijin Group Co Cash And Cash Equivalents Historical Data

The historical data trend for Hebei Huijin 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.

Hebei Huijin Group Co Cash And Cash Equivalents Chart

Hebei Huijin Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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159.27

303.56

269.05

225.55

74.04

Hebei Huijin Group Co 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															150.61	106.12	92.72	74.04	84.69

Hebei Huijin 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.

Hebei Huijin Group Co (SZSE:300368) 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.

Hebei Huijin Group Co Cash And Cash Equivalents Related Terms

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Hebei Huijin Group Co (SZSE:300368) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hebei Huijin Group Co Ltd (SZSE:300368) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 209 Xiangjiang Road, National Hi-Tech Industry Development Zone, Hebei Province, Shijiazhuang, CHN, 050035

Website

http://www.hjjs.com

Hebei Huijin Group Co Ltd formerly Hebei Huijin Electromechanical Co Ltd is a Chinese high-tech enterprise engaged in the research and development, production, sales, and service of financial equipment. The company offers Binding series products, Bundling series products, and Self-service products. Binding series products comprises ZD series high-intelligent binding machine and HJ series automatic binding machine. Bundling series products includes automatic banknote binding machine, which extends to the banknote plastic packaging, the banknote clearing line, and the robot banknote finishing center. The Self-service products cover printing machine, bill machine, and self-service system integration products.

Executives

Wang Dong Kai	Director
Sun Jing Tao	Director
Wang Bing	Executives
Peng Jian Wen	Director
Wang Ming Gao	Director
Wu Hong	Supervisors
Zhao Hai Jin	Secretary, Director
Zhang Yun Xia	Executives
Gao Ji Jun	Director
Liu Li Xin	Executives
Lin Jin Biao	Director
Ren Jun Yan	Supervisors
Bao Xi Bo	Directors, executives
Liu Feng	Director
Wang Ming Wen	Supervisors

Hebei Huijin Group Co (SZSE:300368) Headlines

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