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Jiangsu Yinhe Electronics Co (SZSE:002519) Cash, Cash Equivalents, Marketable Securities : ¥1,668 Mil (As of Mar. 2024)


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What is Jiangsu Yinhe Electronics Co Cash, Cash Equivalents, Marketable Securities?

Jiangsu Yinhe Electronics Co's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 (¥1,487.22 Mil) to Dec. 2023 (¥1,755.38 Mil) but then stayed the same from Dec. 2023 (¥1,755.38 Mil) to Mar. 2024 (¥1,667.77 Mil).

Jiangsu Yinhe Electronics Co's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (¥1,148.00 Mil) to Dec. 2022 (¥1,274.92 Mil) and increased from Dec. 2022 (¥1,274.92 Mil) to Dec. 2023 (¥1,755.38 Mil).


Jiangsu Yinhe Electronics Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Jiangsu Yinhe Electronics 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.

Jiangsu Yinhe Electronics Co Cash, Cash Equivalents, Marketable Securities Chart

Jiangsu Yinhe Electronics 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 702.17 954.71 1,148.00 1,274.92 1,755.38

Jiangsu Yinhe Electronics 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 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 1,187.51 1,110.94 1,487.22 1,755.38 1,667.77

Jiangsu Yinhe Electronics 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.


Jiangsu Yinhe Electronics Co  (SZSE:002519) 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.


Jiangsu Yinhe Electronics Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Jiangsu Yinhe Electronics Co (SZSE:002519) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 188 NanHuan Road, TangQiao Town, ZhangJiaGang City, JiangSu Province, CHN, 215611
Jiangsu Yinhe Electronics Co Ltd engages in the military, new energy vehicle, and precision sheet metal businesses in China and internationally. The company offers new-energy electric vehicle (EV) products, including intelligent chargers for electric cars; electric scroll compressors; and precision sheet metal products, including power battery boxes for EVs, solar power inverters, high/low voltage transmission and distribution equipment.
Executives
Wu Jian Ming Directors, executives
Xu Min Executives
Wu Gang Directors, executives
Lin Chao Director
Zhang Jia Tao Supervisors
Zhang Jia Shu Executives
Zhang Yong Jun Independent director
Wang Chun Ya Supervisors
Zhang Hong Directors, executives
Xu Ge Securities Affairs Representative
Pang Ying Director
Xue Li Jun Directors, executives
Zhang Shu Hua Supervisors
Li Xin Executives
Bai Xiao Min Director

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