China Electronics Huada Technology Co (HKSE:00085) Cash And Cash Equivalents : HK$1,108 Mil (As of Dec. 2023)

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What is China Electronics Huada Technology Co Cash And Cash Equivalents?

China Electronics Huada Technology Co's quarterly cash and cash equivalents increased from Dec. 2022 (HK$1,172.75 Mil) to Jun. 2023 (HK$1,216.18 Mil) but then stayed the same from Jun. 2023 (HK$1,216.18 Mil) to Dec. 2023 (HK$1,107.52 Mil).

China Electronics Huada Technology Co's annual cash and cash equivalents increased from Dec. 2021 (HK$517.93 Mil) to Dec. 2022 (HK$1,172.75 Mil) but then declined from Dec. 2022 (HK$1,172.75 Mil) to Dec. 2023 (HK$1,107.52 Mil).

China Electronics Huada Technology Co Cash And Cash Equivalents Historical Data

The historical data trend for China Electronics Huada Technology 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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China Electronics Huada Technology Co Cash And Cash Equivalents Chart

China Electronics Huada Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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350.22

465.41

517.93

1,172.75

1,107.52

China Electronics Huada Technology Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															517.93	610.05	1,172.75	1,216.18	1,107.52

China Electronics Huada Technology 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.

China Electronics Huada Technology Co (HKSE:00085) 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.

China Electronics Huada Technology Co Cash And Cash Equivalents Related Terms

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China Electronics Huada Technology Co (HKSE:00085) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » China Electronics Huada Technology Co Ltd (HKSE:00085) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Room 3403, 34th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.cecht.com.cn

China Electronics Huada Technology Co Ltd is engaged in the design and sale of integrated circuit chips. The company has only one reportable segment named as Sale of integrated circuit products. The products of the company are mainly used in smart cards, RFID, and wireless communication network. It derives the majority of its revenues from the PRC.

Executives

Huada Semiconductor Co., Ltd	2201 Interest of corporation controlled by you
China Electronics Corporation (bvi) Holdings Company Limited	2101 Beneficial owner
Zhong Guo Dian Zi Xin Xi Chan Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Dian Zi You Xian Gong Si	2201 Interest of corporation controlled by you

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