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Nanjing TDH Technology Co (SZSE:301378) Cash And Cash Equivalents : ¥417.7 Mil (As of Sep. 2024)


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What is Nanjing TDH Technology Co Cash And Cash Equivalents?

Nanjing TDH Technology Co's quarterly cash and cash equivalents declined from Mar. 2024 (¥726.48 Mil) to Jun. 2024 (¥502.00 Mil) but then stayed the same from Jun. 2024 (¥502.00 Mil) to Sep. 2024 (¥417.75 Mil).

Nanjing TDH Technology Co's annual cash and cash equivalents increased from Dec. 2021 (¥99.97 Mil) to Dec. 2022 (¥159.38 Mil) and increased from Dec. 2022 (¥159.38 Mil) to Dec. 2023 (¥760.29 Mil).


Nanjing TDH Technology Co Cash And Cash Equivalents Historical Data

The historical data trend for Nanjing TDH Technology 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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Nanjing TDH Technology Co Cash And Cash Equivalents Chart

Nanjing TDH Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial 16.99 81.04 99.97 159.38 760.29

Nanjing TDH Technology Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 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 587.59 760.29 726.48 502.00 417.75

Nanjing TDH Technology 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.


Nanjing TDH Technology Co  (SZSE:301378) 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.


Nanjing TDH Technology Co Cash And Cash Equivalents Related Terms

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Nanjing TDH Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 16 Jihui Road, Floor 20, Block B, Lianchuang Building, Gulou District, Jiangsu Province, Nanjing, CHN, 210029
Nanjing TDH Technology Co Ltd specializes in the research and development of judicial information systems and information technology services.

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