Hengxin Shambala Culture Co (SZSE:300081) Cash, Cash Equivalents, Marketable Securities : ¥177.7 Mil (As of Mar. 2024)

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What is Hengxin Shambala Culture Co Cash, Cash Equivalents, Marketable Securities?

Hengxin Shambala Culture Co's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (¥209.26 Mil) to Dec. 2023 (¥206.95 Mil) but then stayed the same from Dec. 2023 (¥206.95 Mil) to Mar. 2024 (¥177.69 Mil).

Hengxin Shambala Culture Co's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (¥875.01 Mil) to Dec. 2022 (¥510.66 Mil) and declined from Dec. 2022 (¥510.66 Mil) to Dec. 2023 (¥206.95 Mil).

Hengxin Shambala Culture Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Hengxin Shambala Culture 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.

Hengxin Shambala Culture Co Cash, Cash Equivalents, Marketable Securities Chart

Hengxin Shambala Culture Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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550.85

390.88

875.01

510.66

206.95

Hengxin Shambala Culture 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															329.57	288.07	209.26	206.95	177.69

Hengxin Shambala Culture 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.

Hengxin Shambala Culture Co (SZSE:300081) 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.

Hengxin Shambala Culture Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Hengxin Shambala Culture Co (SZSE:300081) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hengxin Shambala Culture Co Ltd (SZSE:300081) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

No.39, Tianshan Street, Development Zone, Hebei Province, Shijiazhuang, CHN, 050035

Website

http://www.hxgro.com

Hengxin Shambala Culture Co Ltd sells and services mobile information products for individual and industry customers in China. It offers mobile information products, such as customized terminal products; engages in the contract sales of mobile phone products; operates as an agent to carrier mobile video projects; and provides mobile e-commerce and technical support services.

Executives

Pan Chao	Directors, executives
Chen Wei	Executives
Wang Bing	Director
Fu Wei	Executives
Li Xiao Bo	Executives
Meng Xian Min	Directors, executives
Wen Jian Feng	Executives
Pei Jun	Directors, executives
Zhou Xiao Qi	Supervisors
Liu Xiao Jun	Supervisors
Xu Ze Min	Director
Dong Fang	Executives
You Wen Qin	Supervisors
Chen Liang	Executives
Qi Jian	Director

Hengxin Shambala Culture Co (SZSE:300081) Headlines

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