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CPE Technology Bhd (XKLS:5317) Cash And Cash Equivalents : RM207.1 Mil (As of Jun. 2023)


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What is CPE Technology Bhd Cash And Cash Equivalents?

CPE Technology Bhd's quarterly cash and cash equivalents declined from Jun. 2021 (RM35.09 Mil) to Jun. 2022 (RM26.82 Mil) but then increased from Jun. 2022 (RM26.82 Mil) to Jun. 2023 (RM207.08 Mil).

CPE Technology Bhd's annual cash and cash equivalents declined from Jun. 2021 (RM35.09 Mil) to Jun. 2022 (RM26.82 Mil) but then increased from Jun. 2022 (RM26.82 Mil) to Jun. 2023 (RM207.08 Mil).

CPE Technology Bhd Cash And Cash Equivalents Historical Data

The historical data trend for CPE Technology Bhd'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.

* Premium members only.

CPE Technology Bhd Cash And Cash Equivalents Chart

CPE Technology Bhd Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Cash And Cash Equivalents
23.73 32.07 35.09 26.82 207.08

CPE Technology Bhd Semi-Annual Data
Jun19 Jun20 Jun21 Jun22 Jun23
Cash And Cash Equivalents 23.73 32.07 35.09 26.82 207.08

CPE Technology Bhd 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.

CPE Technology Bhd  (XKLS:5317) 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.

CPE Technology Bhd Cash And Cash Equivalents Related Terms

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CPE Technology Bhd (XKLS:5317) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CPE Technology Bhd (XKLS:5317) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
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Address
No. 6, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800
Website
https://www.cpetbhd.com
CPE Technology Bhd is an engineering support services provider principally involved in the manufacturing of precision-machined parts and components and the provision of CNC machining services. The precision-machined parts and components are then used by its customers in different industries which include, but not limited to, semiconductors, life science and medical devices, sports equipment, sensor equipment and security industries in Malaysia and overseas. The company utilizes CNC machining as its primary process such as milling, turning and lathing before going through associated secondary processes which include, but not limited to, polishing, grinding and sandblasting to produce precision-machined parts and components from metal rods and blocks.

CPE Technology Bhd (XKLS:5317) Headlines

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