Fibocom Wireless (SZSE:300638) Cash And Cash Equivalents : ¥981 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Fibocom Wireless Cash And Cash Equivalents?

Fibocom Wireless's quarterly cash and cash equivalents increased from Sep. 2023 (¥891.84 Mil) to Dec. 2023 (¥1,025.16 Mil) but then stayed the same from Dec. 2023 (¥1,025.16 Mil) to Mar. 2024 (¥981.00 Mil).

Fibocom Wireless's annual cash and cash equivalents increased from Dec. 2021 (¥482.39 Mil) to Dec. 2022 (¥863.85 Mil) and increased from Dec. 2022 (¥863.85 Mil) to Dec. 2023 (¥1,025.16 Mil).

Fibocom Wireless Cash And Cash Equivalents Historical Data

The historical data trend for Fibocom Wireless'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.

Fibocom Wireless Cash And Cash Equivalents Chart

Fibocom Wireless Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

650.31

505.42

482.39

863.85

1,025.16

Fibocom Wireless 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															668.55	776.70	891.84	1,025.16	981.00

Fibocom Wireless 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.

Fibocom Wireless (SZSE:300638) 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.

Fibocom Wireless Cash And Cash Equivalents Related Terms

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

Fibocom Wireless (SZSE:300638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fibocom Wireless Inc (SZSE:300638) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

1057 Nanhai Avenue, No. 501A, 5th Floor, Building A, Phase II, Shekou Science and Technology Building, Nanshan District, Guangdong, Shenzhen, CHN, 518067

Website

http://www.fibocom.com.cn

Fibocom Wireless Inc is a Chinese wireless communication module and solutions provider. It is focused on the development of the Internet of Things (IoT) and consumer electronics. The company brand products cover LTE, NB-IoT/eMTC, HSPA, GSM/GPRS wireless communication modules and solutions. Through IoT, the company offers solutions such as wireless payment, car networking, security monitoring, mobile internet, and smart grid.

Executives

Ying Ling Peng	Directors, executives
Zhang Tian Yu	Director
Xu Ning	Directors, executives
Deng Zhong Zhong	Executives
Chen Shi Jiang	Directors, executives

Fibocom Wireless (SZSE:300638) Headlines

No Headlines