CIMC Vehicles (Group) Co (HKSE:01839) Cash And Cash Equivalents : HK$6,574 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is CIMC Vehicles (Group) Co Cash And Cash Equivalents?

CIMC Vehicles (Group) Co's quarterly cash and cash equivalents declined from Jun. 2023 (HK$6,778.97 Mil) to Sep. 2023 (HK$6,130.95 Mil) but then increased from Sep. 2023 (HK$6,130.95 Mil) to Dec. 2023 (HK$6,574.15 Mil).

CIMC Vehicles (Group) Co's annual cash and cash equivalents declined from Dec. 2021 (HK$6,173.74 Mil) to Dec. 2022 (HK$5,416.66 Mil) but then increased from Dec. 2022 (HK$5,416.66 Mil) to Dec. 2023 (HK$6,574.15 Mil).

CIMC Vehicles (Group) Co Cash And Cash Equivalents Historical Data

The historical data trend for CIMC Vehicles (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.

* Premium members only.

CIMC Vehicles (Group) Co Cash And Cash Equivalents Chart

CIMC Vehicles (Group) Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

4,218.62

5,378.80

6,173.74

5,416.66

6,574.15

CIMC Vehicles (Group) Co Quarterly Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial												5,416.66	6,778.97	6,130.95	6,574.15	-

CIMC Vehicles (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.

CIMC Vehicles (Group) Co (HKSE:01839) 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.

CIMC Vehicles (Group) Co Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of CIMC Vehicles (Group) Co's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

CIMC Vehicles (Group) Co (HKSE:01839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CIMC Vehicles (Group) Co Ltd (HKSE:01839) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

301039:China

Address

No. 2 Gangwan Avenue, Shekou Industrial Zone, Nanshan District, Guangdong, Shenzhen, CHN, 518067

Website

https://www.cimcvehiclesgroup.com

CIMC Vehicles (Group) Co Ltd is engaged in the manufacturing and sale of semi-trailers and truck bodies for specialty vehicles. The semi-trailers mainly include the following product lines, Container chassis trailers, Flatbed trailers & relevant derivative types, Curtain-side trailers, Van trailers, Refrigerated trailers, Tank trailers, and other special types of trailers. The truck body products include dump beds for dump trucks, mixers for mixer trucks, and a wide range of other truck bodies for specialty vehicles. Geographically, it operates in China, North America, Europe, and Other regions, out of which the majority is from China.

Executives

Citigroup Inc.	2502 Approved lending agent
Gic Private Limited	2102 Investment manager
China International Marine Containers (hong Kong) Limited	2101 Beneficial owner
Zhong Guo Guo Ji Hai Yun Ji Zhuang Xiang Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Wang Xicheng	2201 Interest of corporation controlled by you
Shan Dong Ling Long Lun Tai Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Ling Long Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xiang Gang Tian Cheng Tou Zi Mao Yi You Xian Gong Si	2101 Beneficial owner

CIMC Vehicles (Group) Co (HKSE:01839) Headlines

No Headlines