Fengzhushou Co (SZSE:301382) Cash And Cash Equivalents : ¥366 Mil (As of Mar. 2024)

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What is Fengzhushou Co Cash And Cash Equivalents?

Fengzhushou Co's quarterly cash and cash equivalents increased from Sep. 2023 (¥405.14 Mil) to Dec. 2023 (¥458.53 Mil) but then stayed the same from Dec. 2023 (¥458.53 Mil) to Mar. 2024 (¥365.95 Mil).

Fengzhushou Co's annual cash and cash equivalents increased from Dec. 2021 (¥0.00 Mil) to Dec. 2022 (¥16.88 Mil) and increased from Dec. 2022 (¥16.88 Mil) to Dec. 2023 (¥458.53 Mil).

Fengzhushou Co Cash And Cash Equivalents Historical Data

The historical data trend for Fengzhushou 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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Fengzhushou Co Cash And Cash Equivalents Chart

Fengzhushou Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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50.23

74.14

16.88

458.53

Fengzhushou Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial														27.48	807.94	405.14	458.53	365.95

Fengzhushou 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.

Fengzhushou Co (SZSE:301382) 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.

Fengzhushou Co Cash And Cash Equivalents Related Terms

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Fengzhushou Co (SZSE:301382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fengzhushou Co Ltd (SZSE:301382) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 660, Huangpu Avenue Middle, Room 901-909, Tianhe District, Guangdong Province, Guangzhou, CHN, 510655

Website

http://www.phone580.com

Fengzhushou Co Ltd is an Internet digital virtual commodity comprehensive service provider, mainly providing mobile Internet digital virtual commodity aggregate operation, fusion operation, distribution operation and other comprehensive operation services for customers in mobile Internet-related scenarios, and providing Internet of Things traffic access, Comprehensive solutions such as hardware solutions, scene applications, and cloud terminal solutions, and provide customized operational support services and technical services according to customer needs. It is an innovative software technology enterprise that has grown up with the development of the mobile Internet.

Executives

Luo Hong Peng	Directors, executives
Ma Da Liang	Supervisors
Ding Jing Lei	Directors, executives

Fengzhushou Co (SZSE:301382) Headlines

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