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Kunming Yunnei Power Co (SZSE:000903) Cash, Cash Equivalents, Marketable Securities : ¥1,548 Mil (As of Sep. 2024)


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What is Kunming Yunnei Power Co Cash, Cash Equivalents, Marketable Securities?

Kunming Yunnei Power Co's quarterly cash, cash equivalents, marketable securities increased from Mar. 2024 (¥1,516.40 Mil) to Jun. 2024 (¥1,598.48 Mil) but then stayed the same from Jun. 2024 (¥1,598.48 Mil) to Sep. 2024 (¥1,548.29 Mil).

Kunming Yunnei Power Co's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (¥2,432.65 Mil) to Dec. 2022 (¥1,010.65 Mil) but then increased from Dec. 2022 (¥1,010.65 Mil) to Dec. 2023 (¥1,679.85 Mil).


Kunming Yunnei Power Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Kunming Yunnei Power 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.

Kunming Yunnei Power Co Cash, Cash Equivalents, Marketable Securities Chart

Kunming Yunnei Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,619.19 3,357.06 2,432.65 1,010.65 1,679.85

Kunming Yunnei Power Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,314.70 1,679.85 1,516.40 1,598.48 1,548.29

Kunming Yunnei Power 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.


Kunming Yunnei Power Co  (SZSE:000903) 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.


Kunming Yunnei Power Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Kunming Yunnei Power Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.66, Jingjing Road, Kunming Economic and Technological Development Zone, Yunnan Province, Kunming, CHN, 650200
Kunming Yunnei Power Co Ltd is engaged in developing and manufacturing diesel engine. It offers engines for commercial vehicle, passenger cars and for off-road machines. Further, it is also involved in two major businesses of engine industrial chain and energy-saving new material industry in which it offers a product such as two powertrain assembly, two core technologies, energy-saving materials, new energy automobiles, agricultural machinery and others. Geographically the activities are carried out through China.
Executives
Wang De Qin Supervisors
Lou Di Ming Independent director
Yang Yong Zhong Directors, executives
Kui Wei Supervisors
Dai Yun Hui Executives
Shen Li Zhong Director
Shi Guo Jian Supervisors
Yang Yang Executives
Peng Wen Kai Director
Li Ming Lu Supervisors

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