Shanghai DZH (SHSE:601519) Cash And Cash Equivalents : ¥1,489.2 Mil (As of Mar. 2024)

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What is Shanghai DZH Cash And Cash Equivalents?

Shanghai DZH's quarterly cash and cash equivalents increased from Sep. 2023 (¥1,505.32 Mil) to Dec. 2023 (¥1,634.71 Mil) but then stayed the same from Dec. 2023 (¥1,634.71 Mil) to Mar. 2024 (¥1,489.18 Mil).

Shanghai DZH's annual cash and cash equivalents declined from Dec. 2021 (¥1,616.30 Mil) to Dec. 2022 (¥1,515.38 Mil) but then increased from Dec. 2022 (¥1,515.38 Mil) to Dec. 2023 (¥1,634.71 Mil).

Shanghai DZH Cash And Cash Equivalents Historical Data

The historical data trend for Shanghai DZH'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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Shanghai DZH Cash And Cash Equivalents Chart

Shanghai DZH Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,250.28

1,107.05

1,616.30

1,515.38

1,634.71

Shanghai DZH Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,416.90	1,455.04	1,505.32	1,634.71	1,489.18

Shanghai DZH 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.

Shanghai DZH (SHSE:601519) 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.

Shanghai DZH Cash And Cash Equivalents Related Terms

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Shanghai DZH (SHSE:601519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Shanghai DZH Ltd (SHSE:601519) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Yanggao South Road, Building 1, Number 428, Pudong, Shanghai, CHN, 200127

Website

http://www.gw.com.cn

Shanghai DZH Ltd operates as an Internet financial information service provider in China. It offers professional financial data and data analysis services. It also provides non-investment consulting and agency-specific software products. In addition, the company offers financial information integrated services internationally.

Executives

Shen Rui Bo	Director
Fang Tao	Director
Wang Qin	Director
Chen Zhi	Director
Xu Ke	Director
Wang Mei	Director
Wang Ri Hong	Director
Shen Jian	Supervisors
Shen Yu	Director
Lv Shen Qiang	senior management

Shanghai DZH (SHSE:601519) Headlines

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