China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Cash, Cash Equivalents, Marketable Securities : $350 Mil (As of Sep. 2023)
What is China Resources Building Materials Technology Holdings Cash, Cash Equivalents, Marketable Securities?
China Resources Building Materials Technology Holdings's quarterly cash, cash equivalents, marketable securities
increased
from Dec. 2022 ($276.33 Mil) to Jun. 2023 ($431.97 Mil) but then
stayed the same
from Jun. 2023 ($431.97 Mil) to Sep. 2023 ($349.79 Mil).
China Resources Building Materials Technology Holdings's annual cash, cash equivalents, marketable securities
declined
from Dec. 2020 ($1,704.62 Mil) to Dec. 2021 ($906.98 Mil) and
declined
from Dec. 2021 ($906.98 Mil) to Dec. 2022 ($276.33 Mil).
China Resources Building Materials Technology Holdings Cash, Cash Equivalents, Marketable Securities Historical Data
* 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.
China Resources Building Materials Technology Holdings Cash, Cash Equivalents, Marketable Securities Chart
China Resources Building Materials Technology Holdings Annual Data
China Resources Building Materials Technology Holdings 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 Resources Building Materials Technology Holdings (OTCPK:CJRCF) 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 Resources Building Materials Technology Holdings Cash, Cash Equivalents, Marketable Securities Related Terms
Thank you for viewing the detailed overview of China Resources Building Materials Technology Holdings's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.
China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Business Description
China Resources Building Materials Technology Holdings Ltd formerly China Resources Cement Holdings Ltd is a cement and concrete producer in Southern China. Its operations range from the excavation of limestone to the production, sale, and distribution of cement, clinker, and concrete. The company's segments are Cement and Concrete of which its majority revenue is derived from the manufacture and sale of cement products. The group products are mainly used in the construction of infrastructure projects such as railways, highways, subways, bridges, airports, ports, dams, hydroelectric power stations, and nuclear power stations, as well as the construction of high-rise buildings and the development of suburban and rural areas. Geographically, the majority is derived from Guangdong.
China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CJRCF has been successfully added to your 