Yidu Tech (HKSE:02158) Cash And Cash Equivalents : HK$1,101.0 Mil (As of Sep. 2023)

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What is Yidu Tech Cash And Cash Equivalents?

Yidu Tech's quarterly cash and cash equivalents increased from Sep. 2022 (HK$976.19 Mil) to Mar. 2023 (HK$1,335.81 Mil) but then stayed the same from Mar. 2023 (HK$1,335.81 Mil) to Sep. 2023 (HK$1,100.96 Mil).

Yidu Tech's annual cash and cash equivalents increased from Mar. 2021 (HK$882.36 Mil) to Mar. 2022 (HK$4,202.64 Mil) but then declined from Mar. 2022 (HK$4,202.64 Mil) to Mar. 2023 (HK$1,335.81 Mil).

Yidu Tech Cash And Cash Equivalents Historical Data

The historical data trend for Yidu Tech'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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Yidu Tech Cash And Cash Equivalents Chart

Yidu Tech Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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357.69

796.06

882.36

4,202.64

1,335.81

Yidu Tech Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial					5,078.96	4,202.64	976.19	1,335.81	1,100.96

Yidu Tech 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.

Yidu Tech (HKSE:02158) 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.

Yidu Tech Cash And Cash Equivalents Related Terms

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Yidu Tech (HKSE:02158) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Yidu Tech Inc (HKSE:02158) » Definitions » Cash And Cash Equivalents

Comparable Companies

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0EL:Germany

Address

No.9 Building of Huayuan North Road, 8th Floor Health Work, Haidian District, Beijing, CHN

Website

https://www.yidutechgroup.com

Yidu Tech offers healthcare Big Data. It is an AI cloud-based firm providing solutions and tools to aid in more informed decisions to drive better efficiency in clients' strategies. Its clients are hospitals, pharmaceutical, biotech and medical device firms, research institutions, insurance companies, patients, and regulators. It three business segments are: Big Data platform and solutions, which partners with hospitals and policymakers to drive better efficiency; life sciences solutions, which enables better probability of clinical trial success with less drug development time and cost; and health management solutions, which helps with patient management. The Big Data platform accounted for 33% of revenue, life science solutions 30%, and health management solutions 27%, in fiscal 2022.

Executives

Gong Yingying	2202 Interest of your spouse
Xu Jiming	2101 Beneficial owner
Brunei Investment Agency	2101 Beneficial owner
Gic Private Limited	2102 Investment manager
Sweet Panda Limited	2101 Beneficial owner

Yidu Tech (HKSE:02158) Headlines

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