China National Building Material Co (China National Building Material Co) Cash, Cash Equivalents, Marketable Securities : $5,233 Mil (As of Dec. 2023)

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What is China National Building Material Co Cash, Cash Equivalents, Marketable Securities?

China National Building Material Co's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 ($5,028.62 Mil) to Jun. 2023 ($5,522.29 Mil) but then stayed the same from Jun. 2023 ($5,522.29 Mil) to Dec. 2023 ($5,233.07 Mil).

China National Building Material Co's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($5,916.53 Mil) to Dec. 2022 ($5,028.62 Mil) but then increased from Dec. 2022 ($5,028.62 Mil) to Dec. 2023 ($5,233.07 Mil).

China National Building Material Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for China National Building Material Co's Cash, Cash Equivalents, Marketable Securities 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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China National Building Material Co Cash, Cash Equivalents, Marketable Securities Chart

China National Building Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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4,379.64

5,545.95

5,916.53

5,028.62

5,233.07

China National Building Material Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															5,916.53	6,579.82	5,028.62	5,522.29	5,233.07

China National Building Material Co Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

China National Building Material Co (OTCPK:CBUMF) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

China National Building Material Co Cash, Cash Equivalents, Marketable Securities Related Terms

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China National Building Material Co (China National Building Material Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China National Building Material Co Ltd (OTCPK:CBUMF) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

CBUMY:USA 03323:Hong Kong D1Y:Germany

Address

No. 17 Fuxing Road, 21st Floor, Tower 2 (Building B), Guohai Plaza, Haidian District, Beijing, CHN, 100036

Website

http://www.cnbmltd.cn

China National Building Material Co Ltd a state-owned building material holding company. Its reportable segments are Cement segment which includes production and sale of cement, Concrete segment includes Production and sale of concrete, New Materials segment comprises of Production and sale of glass fiber, composite and lightweight building materials, and Engineering Services includes Provision of engineering services to glass and cement manufacturers and equipment procurement, and others segment comprises Merchandise trading business and others. The company operates in China, Europe, Middle East, Southeast Asia, Oceania, Africa, the Americas, and other countries, out of which the majority of the revenue comes from china.

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