Henan Jinma Energy Company (HKSE:06885) Cash, Cash Equivalents, Marketable Securities : HK$2,246 Mil (As of Dec. 2023)

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What is Henan Jinma Energy Company Cash, Cash Equivalents, Marketable Securities?

Henan Jinma Energy Company's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$2,210.69 Mil) to Jun. 2023 (HK$2,290.82 Mil) but then stayed the same from Jun. 2023 (HK$2,290.82 Mil) to Dec. 2023 (HK$2,245.76 Mil).

Henan Jinma Energy Company's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (HK$1,715.56 Mil) to Dec. 2022 (HK$2,210.69 Mil) and increased from Dec. 2022 (HK$2,210.69 Mil) to Dec. 2023 (HK$2,245.76 Mil).

Henan Jinma Energy Company Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Henan Jinma Energy Company's Cash, Cash Equivalents, Marketable Securities 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.

Henan Jinma Energy Company Cash, Cash Equivalents, Marketable Securities Chart

Henan Jinma Energy Company Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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2,921.16

2,675.79

1,715.56

2,210.69

2,245.76

Henan Jinma Energy Company Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial												1,715.56	2,429.26	2,210.69	2,290.82	2,245.76

Henan Jinma Energy Company Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Henan Jinma Energy Company (HKSE:06885) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Henan Jinma Energy Company Cash, Cash Equivalents, Marketable Securities Related Terms

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Henan Jinma Energy Company (HKSE:06885) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Henan Jinma Energy Company Ltd (HKSE:06885) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

West First Ring Road South, Henan Province, Jiyuan, CHN, 459000

Website

https://www.hnjmny.com

Henan Jinma Energy Company Ltd operates as a coke producer and processor of coking by-products in the coking chemical industry in Henan province. It operates through the following business segments: Coke Segment is mainly engaged in the manufacture of Coke. The Refined Chemicals Segment is mainly engaged in the manufacture of benzene-based chemicals and coal-tar-based chemicals. Energy Products Segment is mainly engaged in the manufacture of coal gas. The Trading Segment is mainly engaged in the trading of coal and coal mining equipment. It generates maximum revenue from the Coke segment. Geographically, it derives revenue from the PRC.

Executives

Lam Yuk Wai	2202 Interest of your spouse
Yiu Chiu Fai	2101 Beneficial owner
Zheng Jing	2202 Interest of your spouse
Wang Li Jie	2201 Interest of corporation controlled by you
Ji Yuan Shi Jin Ma Xing Ye Tou Zi You Xian Gong Si	2101 Beneficial owner
Bei Jing Fang Da Guo Ji Shi Ye Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Fang Wei	2201 Interest of corporation controlled by you
Jiang Xi Fang Da Gang Tie Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Jiang Xi Ping Gang Shi Ye Gu Fen You Xian Gong Si	2101 Beneficial owner
Liao Ning Fang Da Ji Tuan Shi Ye You Xian Gong Si	2201 Interest of corporation controlled by you
Jin Xing Hua Gong Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Jin Ma Jiao Hua Ying Shu Wei Jing Qun Dao You Xian Gong Si	2201 Interest of corporation controlled by you
Jin Ma Neng Yuan Xiang Gang You Xian Gong Si	2101 Beneficial owner
Ma Gang Ji Tuan Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Ma An Shan Gang Tie Gu Fen You Xian Gong Si	2101 Beneficial owner

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