Yutong Bus Co (SHSE:600066) Cash And Cash Equivalents : ¥5,746 Mil (As of Mar. 2024)

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What is Yutong Bus Co Cash And Cash Equivalents?

Yutong Bus Co's quarterly cash and cash equivalents declined from Sep. 2023 (¥6,673.35 Mil) to Dec. 2023 (¥6,433.81 Mil) but then stayed the same from Dec. 2023 (¥6,433.81 Mil) to Mar. 2024 (¥5,746.01 Mil).

Yutong Bus Co's annual cash and cash equivalents increased from Dec. 2021 (¥5,631.30 Mil) to Dec. 2022 (¥7,034.62 Mil) but then declined from Dec. 2022 (¥7,034.62 Mil) to Dec. 2023 (¥6,433.81 Mil).

Yutong Bus Co Cash And Cash Equivalents Historical Data

The historical data trend for Yutong Bus Co's Cash And Cash Equivalents 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.

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Yutong Bus Co Cash And Cash Equivalents Chart

Yutong Bus Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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4,757.87

6,150.85

5,631.30

7,034.62

6,433.81

Yutong Bus Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															5,345.75	5,955.67	6,673.35	6,433.81	5,746.01

Yutong Bus Co Cash And Cash Equivalents 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.

Yutong Bus Co (SHSE:600066) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Yutong Bus Co Cash And Cash Equivalents Related Terms

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Yutong Bus Co (SHSE:600066) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Yutong Bus Co Ltd (SHSE:600066) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

66 Yuxing Road, Zhengzhou Economic and Technological Development Zone, Henan Province, Zhengzhou, CHN, 450016

Website

http://www.yutong.com

Yutong is the global market leader in buses, with close to 90% of revenue coming from sales in China. It is also China's largest bus manufacturer with around 30% of market share in medium and large buses. With the highest production capacity in its core segment, the company continues to benefit from the Chinese central government's subsidies for electric vehicles. Yutong's current product portfolio covers nearly all bus segments, including motor coach, shuttle, and school bus. While the firm started as a state-owned enterprise, a team of 23 company managers launched a management buyout in 2001 and eventually took over the firm in 2003.

Executives

Yu Li	Directors, senior managers
Feng Ding Yong	Director
Sun Xi Shun	Supervisors
Cao Zhong Yan	senior management
Yang Bo	Directors, senior managers
Cao Jian Wei	Director
Zhang Tao	Director
Wang Wen Bing	senior management
Yang Xiang Ying	Director
Han Jun	Director

Yutong Bus Co (SHSE:600066) Headlines

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