Dongfeng Motor Group Co (HKSE:00489) Cash And Cash Equivalents : HK$86,733 Mil (As of Dec. 2023)

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What is Dongfeng Motor Group Co Cash And Cash Equivalents?

Dongfeng Motor Group Co's quarterly cash and cash equivalents declined from Dec. 2022 (HK$75,987.97 Mil) to Jun. 2023 (HK$71,061.83 Mil) but then increased from Jun. 2023 (HK$71,061.83 Mil) to Dec. 2023 (HK$86,733.38 Mil).

Dongfeng Motor Group Co's annual cash and cash equivalents increased from Dec. 2021 (HK$61,553.98 Mil) to Dec. 2022 (HK$75,987.97 Mil) and increased from Dec. 2022 (HK$75,987.97 Mil) to Dec. 2023 (HK$86,733.38 Mil).

Dongfeng Motor Group Co Cash And Cash Equivalents Historical Data

The historical data trend for Dongfeng Motor Group 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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Dongfeng Motor Group Co Cash And Cash Equivalents Chart

Dongfeng Motor Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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29,786.11

56,496.54

61,553.98

75,987.97

86,733.38

Dongfeng Motor Group 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															61,553.98	74,026.65	75,987.97	71,061.83	86,733.38

Dongfeng Motor Group 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.

Dongfeng Motor Group Co (HKSE:00489) 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.

Dongfeng Motor Group Co Cash And Cash Equivalents Related Terms

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Dongfeng Motor Group Co (HKSE:00489) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dongfeng Motor Group Co Ltd (HKSE:00489) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

DNFGY:USA DNFGF:USA D4D:Germany

Address

Special No. 1 Dongfeng Road, Wuhan Economic and Technology Development Zone, Hubei, Wuhan, CHN, 430056

Website

https://www.dfmg.com.cn

Dongfeng Motor Group Co Ltd is engaged in vehicle manufacturing, covering other complete business systems relating to automobiles such as R&D of automobiles, parts and equipment manufacturing, automobile finance, automobile sales, and travel business. The company's segments include commercial vehicles, passenger vehicles, financing services, and corporate and others. The majority of its revenue is generated from the Passenger vehicles segment.

Executives

Reynolds Margaret (meg)	2201 Interest of corporation controlled by you
Ward Bryan	2201 Interest of corporation controlled by you
Westwood Global Investments, Llc	2102 Investment manager
Blackrock, Inc.	2201 Interest of corporation controlled by you
Dongfeng Motor Corporation	2101 Beneficial owner
Citigroup Inc.	2201 Interest of corporation controlled by you
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Invesco Asset Management Limited	2102 Investment manager
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you

Dongfeng Motor Group Co (HKSE:00489) Headlines

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