Jupai Holdings (Jupai Holdings) Cash And Cash Equivalents : $68.89 Mil (As of Dec. 2022)

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What is Jupai Holdings Cash And Cash Equivalents?

Jupai Holdings's quarterly cash and cash equivalents declined from Dec. 2021 ($94.48 Mil) to Mar. 2022 ($84.43 Mil) but then stayed the same from Mar. 2022 ($84.43 Mil) to Dec. 2022 ($68.89 Mil).

Jupai Holdings's annual cash and cash equivalents declined from Dec. 2021 ($94.48 Mil) to Dec. 2022 ($68.89 Mil) and declined from Dec. 2022 ($68.89 Mil) to Dec. 2023 ($36.59 Mil).

Jupai Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Jupai Holdings'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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Jupai Holdings Cash And Cash Equivalents Chart

Jupai Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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101.40

96.40

94.48

68.89

36.59

Jupai Holdings Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Dec22	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															93.46	94.48	84.43	68.89	36.59

Jupai Holdings 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.

Jupai Holdings (OTCPK:JPPYY) 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.

Jupai Holdings Cash And Cash Equivalents Related Terms

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Jupai Holdings (Jupai Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Jupai Holdings Ltd (OTCPK:JPPYY) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

No. 1588 Xinyang Road, Building 4, Lingang New Area, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201413

Website

http://www.jupai.investorroom.com

Jupai Holdings Ltd is a third-party wealth management service provider focusing on distributing wealth management products and providing product advisory services to high-net-worth individuals. It derives net revenues mainly from the provision of wealth management product-related services and asset management services. All of the group's revenues are derived from China.