Jones Tech (SZSE:300684) Cash And Cash Equivalents : ¥222 Mil (As of Mar. 2024)

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What is Jones Tech Cash And Cash Equivalents?

Jones Tech's quarterly cash and cash equivalents declined from Sep. 2023 (¥388.35 Mil) to Dec. 2023 (¥300.89 Mil) but then stayed the same from Dec. 2023 (¥300.89 Mil) to Mar. 2024 (¥221.52 Mil).

Jones Tech's annual cash and cash equivalents declined from Dec. 2021 (¥668.33 Mil) to Dec. 2022 (¥369.18 Mil) and declined from Dec. 2022 (¥369.18 Mil) to Dec. 2023 (¥300.89 Mil).

Jones Tech Cash And Cash Equivalents Historical Data

The historical data trend for Jones Tech'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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Jones Tech Cash And Cash Equivalents Chart

Jones Tech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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342.43

652.14

668.33

369.18

300.89

Jones Tech 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															211.88	129.23	388.35	300.89	221.52

Jones Tech 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.

Jones Tech (SZSE:300684) 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.

Jones Tech Cash And Cash Equivalents Related Terms

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Jones Tech (SZSE:300684) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jones Tech PLC (SZSE:300684) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3 Dong Huan Zhong Lu, Beijing Economical & Technological Development Area, Beijing, CHN, 100070

Website

http://www.jones-corp.com

Jones Tech PLC provides solutions to improve electronics equipment. The company's core products consist of thermal management materials, shielding material, power filters, and EMC/EMP services. Jones Tech also provides EMI testing and certification service. The company serves a diverse set of markets including telecommunications, medical electronics, information technology, industrial machinery manufacturing, rail transportation and renewable energy.

Executives

Zhu Guang Fu	Executives
Yuan Jing	Supervisors
Chen Yu	Directors, Directors, and Executives
Chen Qu	Directors, executives
Ye Lu	Directors, executives
Wu Xiao Ning	Director
	Director
Zhang Wei Na	Securities Affairs Representative

Jones Tech (SZSE:300684) Headlines

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