Dalian Dalicap Technology Co (SZSE:301566) Cash And Cash Equivalents : ¥914.9 Mil (As of Mar. 2024)

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What is Dalian Dalicap Technology Co Cash And Cash Equivalents?

Dalian Dalicap Technology Co's quarterly cash and cash equivalents increased from Sep. 2023 (¥524.80 Mil) to Dec. 2023 (¥949.54 Mil) but then stayed the same from Dec. 2023 (¥949.54 Mil) to Mar. 2024 (¥914.87 Mil).

Dalian Dalicap Technology Co's annual cash and cash equivalents increased from Dec. 2021 (¥203.98 Mil) to Dec. 2022 (¥391.34 Mil) and increased from Dec. 2022 (¥391.34 Mil) to Dec. 2023 (¥949.54 Mil).

Dalian Dalicap Technology Co Cash And Cash Equivalents Historical Data

The historical data trend for Dalian Dalicap 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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Dalian Dalicap Technology Co Cash And Cash Equivalents Chart

Dalian Dalicap Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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48.64

213.25

203.98

391.34

949.54

Dalian Dalicap Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial									-	507.32	524.80	949.54	914.87

Dalian Dalicap 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.

Dalian Dalicap Technology Co (SZSE:301566) 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.

Dalian Dalicap Technology Co Cash And Cash Equivalents Related Terms

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Dalian Dalicap Technology Co (SZSE:301566) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Dalian Dalicap Technology Co Ltd (SZSE:301566) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

inyue Street, Dongjiagou Street, No. 21, Jinzhou District, Liaoning Province, Dalian City, CHN, 116630

Website

https://www.dalicap.com.cn

Dalian Dalicap Technology Co Ltd is engaged in research & development, manufacturing and sales of radio frequency microwave ceramic capacitors. Its products include RF/Microwave MLCC, especially in the fields of MRI, telecom infrastructure, RF power supply for semiconductor equipment, broadcasting, laser, testing and analyzing instruments etc.

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