Shaanxi Broadcast & TV Network Intermediary (Group) Co (SHSE:600831) Cash, Cash Equivalents, Marketable Securities : ¥289 Mil (As of Mar. 2024)

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What is Shaanxi Broadcast & TV Network Intermediary (Group) Co Cash, Cash Equivalents, Marketable Securities?

Shaanxi Broadcast & TV Network Intermediary (Group) Co's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 (¥339.52 Mil) to Dec. 2023 (¥358.69 Mil) but then stayed the same from Dec. 2023 (¥358.69 Mil) to Mar. 2024 (¥288.95 Mil).

Shaanxi Broadcast & TV Network Intermediary (Group) Co's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (¥497.71 Mil) to Dec. 2022 (¥525.81 Mil) but then declined from Dec. 2022 (¥525.81 Mil) to Dec. 2023 (¥358.69 Mil).

Shaanxi Broadcast & TV Network Intermediary (Group) Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Shaanxi Broadcast & TV Network Intermediary (Group) Co'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.

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Shaanxi Broadcast & TV Network Intermediary (Group) Co Cash, Cash Equivalents, Marketable Securities Chart

Shaanxi Broadcast & TV Network Intermediary (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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642.41

736.39

497.71

525.81

358.69

Shaanxi Broadcast & TV Network Intermediary (Group) Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															607.36	506.73	339.52	358.69	288.95

Shaanxi Broadcast & TV Network Intermediary (Group) Co 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.

Shaanxi Broadcast & TV Network Intermediary (Group) Co (SHSE:600831) 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.

Shaanxi Broadcast & TV Network Intermediary (Group) Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Shaanxi Broadcast & TV Network Intermediary (Group) Co (SHSE:600831) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Shaanxi Broadcast & TV Network Intermediary (Group) Co Ltd (SHSE:600831) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15 Gaoxin 1st Road, New and High-Technology Development Zone, Xi'an, Shanxi, CHN, 710075

Website

http://www.600831.com

Shaanxi Broadcast & TV Network Intermediary (Group) Co Ltd is engaged in the provision of planning, construction, and operation and management of radio and television network in Shaanxi Province. The company provides digital and cable television services, high-definition interactive services, including basic channel broadcast services, channel broadcast subscription and information services, and video-on-demand services; and data services.

Executives

Han Pu	Directors, senior managers
Fan Dong	senior management
Li Wen Hua	senior management
Li Wen	senior management
Wang Li Qiang	Director
Hu Xiao Lai	senior management
Zhang Yan Bing	senior management
Feng Hui Ming	senior management
Ren Hui	senior management
Xu Qi Huan	senior management
Liu Jin	Director
Xue Chao Hui	senior management
Wang Zhang Yuan	senior management
Fu Chen Ling	senior management
Yan Zhao Xiang	Director

Shaanxi Broadcast & TV Network Intermediary (Group) Co (SHSE:600831) Headlines

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