GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Suzhou Oriental Semiconductor Co Ltd (SHSE:688261) » Definitions » Cash And Cash Equivalents

Suzhou Oriental Semiconductor Co (SHSE:688261) Cash And Cash Equivalents : ¥1,661.5 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Suzhou Oriental Semiconductor Co Cash And Cash Equivalents?

Suzhou Oriental Semiconductor Co's quarterly cash and cash equivalents increased from Sep. 2023 (¥1,937.71 Mil) to Dec. 2023 (¥2,250.67 Mil) but then stayed the same from Dec. 2023 (¥2,250.67 Mil) to Mar. 2024 (¥1,661.54 Mil).

Suzhou Oriental Semiconductor Co's annual cash and cash equivalents increased from Dec. 2021 (¥372.60 Mil) to Dec. 2022 (¥2,304.11 Mil) but then declined from Dec. 2022 (¥2,304.11 Mil) to Dec. 2023 (¥2,250.67 Mil).


Suzhou Oriental Semiconductor Co Cash And Cash Equivalents Historical Data

The historical data trend for Suzhou Oriental Semiconductor 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.

Suzhou Oriental Semiconductor Co Cash And Cash Equivalents Chart

Suzhou Oriental Semiconductor Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial 14.87 230.25 372.60 2,304.11 2,250.67

Suzhou Oriental Semiconductor Co Quarterly Data
Dec18 Dec19 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 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 2,138.71 1,852.07 1,937.71 2,250.67 1,661.54

Suzhou Oriental Semiconductor 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.


Suzhou Oriental Semiconductor Co  (SHSE:688261) 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.


Suzhou Oriental Semiconductor Co Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Suzhou Oriental Semiconductor Co's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.


Suzhou Oriental Semiconductor Co (SHSE:688261) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Jinji Lake Avenue, Room 515, Building 20, Northwest District, Suzhou Industrial Park, Jiangsu Province, Suzhou Nano, CHN, 215121
Suzhou Oriental Semiconductor Co Ltd is a technology-driven semiconductor technology company.

Suzhou Oriental Semiconductor Co (SHSE:688261) Headlines

No Headlines