Xiamen Changelight Co (SZSE:300102) Cash And Cash Equivalents : ¥817 Mil (As of Mar. 2024)

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What is Xiamen Changelight Co Cash And Cash Equivalents?

Xiamen Changelight Co's quarterly cash and cash equivalents increased from Sep. 2023 (¥627.63 Mil) to Dec. 2023 (¥670.68 Mil) and increased from Dec. 2023 (¥670.68 Mil) to Mar. 2024 (¥817.14 Mil).

Xiamen Changelight Co's annual cash and cash equivalents increased from Dec. 2021 (¥427.24 Mil) to Dec. 2022 (¥1,013.63 Mil) but then declined from Dec. 2022 (¥1,013.63 Mil) to Dec. 2023 (¥670.68 Mil).

Xiamen Changelight Co Cash And Cash Equivalents Historical Data

The historical data trend for Xiamen Changelight 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.

Xiamen Changelight Co Cash And Cash Equivalents Chart

Xiamen Changelight Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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866.97

511.43

427.24

1,013.63

670.68

Xiamen Changelight 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															636.01	587.25	627.63	670.68	817.14

Xiamen Changelight 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.

Xiamen Changelight Co (SZSE:300102) 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.

Xiamen Changelight Co Cash And Cash Equivalents Related Terms

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Xiamen Changelight Co (SZSE:300102) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Xiamen Changelight Co Ltd (SZSE:300102) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

19 Xiangyue Road, Xiamen Torch Xiang An, Industry Park, Xiamen, CHN

Website

http://www.changelight.com.cn

Xiamen Changelight Co Ltd is engaged in the research, development, production, and sale of semiconductor materials in China. The company mainly produces full-color ultra-bright LED epitaxial wafers and chips, high-performance gallium arsenide solar cells, LED lighting products and provides energy-saving lighting application solutions. The product distribution network covers all parts of the country and Southeast Asia.

Executives

Liu Zhao	Executives
Li Min Hua	Director
Jin Zhang Yu	Director
Cai Hai Fang	Executives
Zheng Yuan Xin	Executives
Niu Xing Sheng	Executives
Liu Wen Hui	Directors, executives
Zhang Xian Cheng	Executives
Peng Xing Hua	Executives
Cai Yu Mei	Supervisors
Wang Wei Yong	Director
Zhang Shuang Xiang	Executives
Wang Jian Hong	Supervisors
Deng Dian Ming	Director
Wang Xiang Wu	Directors, executives

Xiamen Changelight Co (SZSE:300102) Headlines

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