Nsfocus Technologies Group Co (SZSE:300369) Cash And Cash Equivalents : ¥740 Mil (As of Mar. 2024)

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What is Nsfocus Technologies Group Co Cash And Cash Equivalents?

Nsfocus Technologies Group Co's quarterly cash and cash equivalents increased from Sep. 2023 (¥648.53 Mil) to Dec. 2023 (¥708.12 Mil) and increased from Dec. 2023 (¥708.12 Mil) to Mar. 2024 (¥740.01 Mil).

Nsfocus Technologies Group Co's annual cash and cash equivalents increased from Dec. 2021 (¥702.97 Mil) to Dec. 2022 (¥921.42 Mil) but then declined from Dec. 2022 (¥921.42 Mil) to Dec. 2023 (¥708.12 Mil).

Nsfocus Technologies Group Co Cash And Cash Equivalents Historical Data

The historical data trend for Nsfocus Technologies 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.

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Nsfocus Technologies Group Co Cash And Cash Equivalents Chart

Nsfocus Technologies Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,212.25

636.85

702.97

921.42

708.12

Nsfocus Technologies 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															659.77	484.80	648.53	708.12	740.01

Nsfocus Technologies 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.

Nsfocus Technologies Group Co (SZSE:300369) 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.

Nsfocus Technologies Group Co Cash And Cash Equivalents Related Terms

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Nsfocus Technologies Group Co (SZSE:300369) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nsfocus Technologies Group Co Ltd (SZSE:300369) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

No. 4 Beibei Road, 5th Floor, Yitai Building, Haidian District, Beijing, CHN, 100089

Website

https://www.nsfocusglobal.com

Nsfocus Technologies Group Co Ltd is a China based internet and application security company. It offers enterprise-level network security solutions and services. The products offered by the company are Anti-DDoS system, Cloud DDoS protection service, Threat intelligence subscription service, Web application firewall, and Web vulnerability scanning system. In addition, it also offers solutions such as cloud DDoS defenses, on-premises DDoS defenses, Hybrid DDoS defenses, global threat intelligence, among others. The company has a business presence in China and other international countries.

Executives

Shen Ji Ye	Director
Zhao Liang	Executives
Li Lu	Supervisors
Du Yan Ying	Securities Affairs Representative
Li Hong	Directors, Directors, and Executives
Chen Ke	Executives
Ye Xiao Hu	Executives

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