ORG Technology Co (SZSE:002701) Cash And Cash Equivalents : ¥1,427 Mil (As of Mar. 2024)

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What is ORG Technology Co Cash And Cash Equivalents?

ORG Technology Co's quarterly cash and cash equivalents declined from Sep. 2023 (¥1,521.54 Mil) to Dec. 2023 (¥1,254.81 Mil) but then increased from Dec. 2023 (¥1,254.81 Mil) to Mar. 2024 (¥1,427.09 Mil).

ORG Technology Co's annual cash and cash equivalents increased from Dec. 2021 (¥941.86 Mil) to Dec. 2022 (¥1,478.10 Mil) but then declined from Dec. 2022 (¥1,478.10 Mil) to Dec. 2023 (¥1,254.81 Mil).

ORG Technology Co Cash And Cash Equivalents Historical Data

The historical data trend for ORG Technology 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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ORG Technology Co Cash And Cash Equivalents Chart

ORG Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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583.31

1,030.20

941.86

1,478.10

1,254.81

ORG Technology 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															990.49	1,464.03	1,521.54	1,254.81	1,427.09

ORG Technology 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.

ORG Technology Co (SZSE:002701) 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.

ORG Technology Co Cash And Cash Equivalents Related Terms

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ORG Technology Co (SZSE:002701) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » ORG Technology Co Ltd (SZSE:002701) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

YanQi Industrial Development Zone, Huai Rou District, Beijing, CHN, 101407

Website

https://www.orgtech.cn

ORG Technology Co Ltd is engaged in providing internet information services. The firm engages in offering technology development, technical services, technology testing; product design; economic and trade consultation; automatic identification and identification systems development and application; development and application of visualization and cargo tracking system; development and application of intelligent management system. Geographically it operates through China however it also holds a presence in the international market.

Executives

Zhang Shao Jun	Executives
Zhou Yuan	Director
Zhang Liang De	Executives
Shen Tao	Directors, executives
Zhou Yun Jie	Director
Jiang Xian Da	Supervisors
Huang Zhi Feng	Supervisors
Chen Yu Fei	Executives
Ma Bin Yun	Supervisors
Wang Dong	Directors, executives
Wu Duo Quan	Executives
Gao Shu Jun	Executives, directors
Chen Zhong Ge	Supervisors
Zhao Yu Hui	Directors, executives

ORG Technology Co (SZSE:002701) Headlines

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