Shenzhen Cereals Holdings Co (SZSE:000019) Cash And Cash Equivalents : ¥111 Mil (As of Mar. 2024)

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What is Shenzhen Cereals Holdings Co Cash And Cash Equivalents?

Shenzhen Cereals Holdings Co's quarterly cash and cash equivalents increased from Sep. 2023 (¥135.48 Mil) to Dec. 2023 (¥236.39 Mil) but then stayed the same from Dec. 2023 (¥236.39 Mil) to Mar. 2024 (¥110.79 Mil).

Shenzhen Cereals Holdings Co's annual cash and cash equivalents increased from Dec. 2021 (¥50.41 Mil) to Dec. 2022 (¥54.10 Mil) and increased from Dec. 2022 (¥54.10 Mil) to Dec. 2023 (¥236.39 Mil).

Shenzhen Cereals Holdings Co Cash And Cash Equivalents Historical Data

The historical data trend for Shenzhen Cereals Holdings 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.

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Shenzhen Cereals Holdings Co Cash And Cash Equivalents Chart

Shenzhen Cereals Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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154.96

190.49

50.41

54.10

236.39

Shenzhen Cereals Holdings Co 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															66.93	101.71	135.48	236.39	110.79

Shenzhen Cereals Holdings 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.

Shenzhen Cereals Holdings Co (SZSE:000019) 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.

Shenzhen Cereals Holdings Co Cash And Cash Equivalents Related Terms

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Shenzhen Cereals Holdings Co (SZSE:000019) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shenzhen Cereals Holdings Co Ltd (SZSE:000019) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

200019:China

Address

No. 9 Fuhong Road, 13th Floor, Tower A, World Trade Plaza, Futian District, Shenzhen, CHN, 518033

Website

http://www.slkg1949.com

Shenzhen Cereals Holdings Co Ltd is in the business of tea refining and tea sales, tea e-commerce, food and beverage, research and development. Its products include instant tea powder, juice, oyster sauce, chicken and seafood sauce, lemon tea, herbal tea, and other drinks. The company sells its products under the brand names of Golden eagle, Jufangyong, Gutan, Fuhai tong, Mitsui, Shenbao and others. It focuses on tea industry development, established industrial chain involving tea cultivation, purified tea, tea extract, tea cultural experience, e-commerce, tea trading platform, and finance. The company is also engaged in grain and oil processing and sale of flour, rice, cooking oil and other products.

Executives

Chen Can Song	Independent director
Fan Zhi Qing	Independent director
Yan Ze Song	Executives, directors
Li Fang	Executives
Yao Xiao Peng	Executives
Li Yi Yan	Directors, executives
Wang Zhi Ping	Executives
Zheng Yu Xi	Director
Lin Hong	Supervisors

Shenzhen Cereals Holdings Co (SZSE:000019) Headlines

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