Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Cash, Cash Equivalents, Marketable Securities : ¥564 Mil (As of Mar. 2024)

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What is Asia-Potash International Investment (Guangzhou) Co Cash, Cash Equivalents, Marketable Securities?

Asia-Potash International Investment (Guangzhou) Co's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (¥755.63 Mil) to Dec. 2023 (¥755.33 Mil) but then stayed the same from Dec. 2023 (¥755.33 Mil) to Mar. 2024 (¥564.36 Mil).

Asia-Potash International Investment (Guangzhou) Co's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (¥863.34 Mil) to Dec. 2022 (¥1,709.77 Mil) but then declined from Dec. 2022 (¥1,709.77 Mil) to Dec. 2023 (¥755.33 Mil).

Asia-Potash International Investment (Guangzhou) Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Asia-Potash International Investment (Guangzhou) 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.

* Premium members only.

Asia-Potash International Investment (Guangzhou) Co Cash, Cash Equivalents, Marketable Securities Chart

Asia-Potash International Investment (Guangzhou) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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445.74

346.29

863.34

1,709.77

755.33

Asia-Potash International Investment (Guangzhou) 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															1,656.07	981.45	755.63	755.33	564.36

Asia-Potash International Investment (Guangzhou) 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.

Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) 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.

Asia-Potash International Investment (Guangzhou) Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Asia-Potash International Investment (Guangzhou) Co Ltd (SZSE:000893) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1166 Xin Gang East Road, 19th Floor, South Tower, International Commerce Place, Guangzhou, CHN, 510330

Website

http://www.dongling.cn

Asia-Potash International Investment (Guangzhou) Co Ltd, formerly Donlinks International Investment Co Ltd is primarily involved in the grain trading activities. It trades in corns, sorghums, feeds barleys, DDGs, and others. Further, it is also engaged in the business of overseas dry bulk carriers such as coal and iron ore and provides logistics solution. The business activities are carried out through China.

Executives

Chen Xue Ping	Executives
Yu Long	Executives
Lai Ning Chang	Director
Li Chao Bo	Supervisors
Jiang Yi	Director
Xu Ji Ping	Director
Ma Kai	Directors, executives
Hou Xun Tian	Director
Tian Yan	Directors, executives
Xu Jian Fei	Executives
Shi Ge Yan	Executives
Rao Zhi Long	Directors, executives
Liu Jie	Executives

Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Headlines

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