GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » China Technology Industry Group Ltd (HKSE:08111) » Definitions » Cash And Cash Equivalents

China Technology Industry Group (HKSE:08111) Cash And Cash Equivalents : HK$3.15 Mil (As of Sep. 2023)


View and export this data going back to 2001. Start your Free Trial

What is China Technology Industry Group Cash And Cash Equivalents?

China Technology Industry Group's quarterly cash and cash equivalents declined from Mar. 2023 (HK$3.90 Mil) to Jun. 2023 (HK$0.00 Mil) but then increased from Jun. 2023 (HK$0.00 Mil) to Sep. 2023 (HK$3.15 Mil).

China Technology Industry Group's annual cash and cash equivalents increased from Mar. 2021 (HK$2.28 Mil) to Mar. 2022 (HK$4.98 Mil) but then declined from Mar. 2022 (HK$4.98 Mil) to Mar. 2023 (HK$3.90 Mil).


China Technology Industry Group Cash And Cash Equivalents Historical Data

The historical data trend for China Technology Industry Group'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.

China Technology Industry Group Cash And Cash Equivalents Chart

China Technology Industry Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 4.51 2.28 4.98 3.90

China Technology Industry Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.94 - 3.90 - 3.15

China Technology Industry Group 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 Technology Industry Group  (HKSE:08111) 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 Technology Industry Group Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of China Technology Industry Group's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.


China Technology Industry Group (HKSE:08111) Business Description

Traded in Other Exchanges
N/A
Address
Ocean Centre, Suite 704, 7th Floor, Harbour City, Kowloon, Hong Kong, HKG
China Technology Industry Group Ltd is engaged in the Sale of renewable energy products, New energy power system integration business, Sales of self-service automatic teller machine (ATM) systems and printing systems, and Provision of hardware and software technical support services. Key revenue is derived from the Sale of renewable energy products such as solar and wind power-related products. The group operates in the PRC. It has two segments sales of renewable energy products and New energy power system integration business. It generates maximum revenue from the Sales of renewable energy products.

China Technology Industry Group (HKSE:08111) Headlines

No Headlines