Huidanitary Ware Co (SHSE:603385) Cash, Cash Equivalents, Marketable Securities : ¥597 Mil (As of Mar. 2024)

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What is Huidanitary Ware Co Cash, Cash Equivalents, Marketable Securities?

Huidanitary Ware Co's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 (¥182.96 Mil) to Dec. 2023 (¥212.56 Mil) and increased from Dec. 2023 (¥212.56 Mil) to Mar. 2024 (¥597.42 Mil).

Huidanitary Ware Co's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (¥786.84 Mil) to Dec. 2022 (¥393.80 Mil) and declined from Dec. 2022 (¥393.80 Mil) to Dec. 2023 (¥212.56 Mil).

Huidanitary Ware Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Huidanitary Ware 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.

* Premium members only.

Huidanitary Ware Co Cash, Cash Equivalents, Marketable Securities Chart

Huidanitary Ware Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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739.60

1,495.30

786.84

393.80

212.56

Huidanitary Ware Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															283.96	246.08	182.96	212.56	597.42

Huidanitary Ware 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.

Huidanitary Ware Co (SHSE:603385) 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.

Huidanitary Ware Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Huidanitary Ware Co (SHSE:603385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Huida Sanitary Ware Co Ltd (SHSE:603385) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

No. 7, Huida Road, Huida Ceramic World, Huanggezhuang Town, Fengnan District, Hebei Province, Tangshan City, CHN, 063307

Website

http://www.huidagroup.com

Huida Sanitary Ware Co Ltd is a Chinese company engaged in the production and sale of sanitary ceramics products, architectural ceramics, and sanitary ware sanitary ware accessories. It offers products such as sanitary wares, bath cabinets, wall tiles, the plastic fittings, washbasin, faucets, electronic products, the bathtub and the hardware fittings. The entity offers its products to the clients all over the world.

Executives

Wang Jia	Director
Zhang Chun Yu	Directors, senior managers
Yin Kang	Director
Wang Yan Qing	Director
Wang Yan Wei	Director
Wang Hui Wen	Director
Du Guo Feng	Director
Dong Hua Zhong	Director
Yang Chun	senior management

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