Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Cash And Cash Equivalents : $923 Mil (As of Dec. 2023)

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What is Yue Yuen Industrial (Holdings) Cash And Cash Equivalents?

Yue Yuen Industrial (Holdings)'s quarterly cash and cash equivalents declined from Jun. 2023 ($959.83 Mil) to Sep. 2023 ($0.00 Mil) but then increased from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($923.22 Mil).

Yue Yuen Industrial (Holdings)'s annual cash and cash equivalents increased from Dec. 2021 ($837.97 Mil) to Dec. 2022 ($994.78 Mil) but then declined from Dec. 2022 ($994.78 Mil) to Dec. 2023 ($923.22 Mil).

Yue Yuen Industrial (Holdings) Cash And Cash Equivalents Historical Data

The historical data trend for Yue Yuen Industrial (Holdings)'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.

Yue Yuen Industrial (Holdings) Cash And Cash Equivalents Chart

Yue Yuen Industrial (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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982.08

896.98

837.97

994.78

923.22

Yue Yuen Industrial (Holdings) Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	994.78	959.83	-	923.22

Yue Yuen Industrial (Holdings) 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.

Yue Yuen Industrial (Holdings) (OTCPK:YUEIY) 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.

Yue Yuen Industrial (Holdings) Cash And Cash Equivalents Related Terms

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Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Yue Yuen Industrial (Holdings) Ltd (OTCPK:YUEIY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

YUEIF:USA 00551:Hong Kong YUE1:Germany

Address

108 Wai Yip Street, 22nd Floor, C-Bons International Center, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.yueyuen.com

Yue Yuen Industrial (Holdings) Ltd is engaged in footwear businesses. The company operates in two reportable segments: Manufacturing Business and Retailing Business. Manufacturing Business contributes the majority of the revenue. Its products include athletic shoes, casual shoes, outdoor shoes, sports sandals, soles, components, and Apparel wholesale. The company operates in the United States, China, Europe, Asia, and Others.

Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Headlines

From GuruFocus

Brandes Investment Trust Comments on Yue Yuen

By Holly LaFon • 12-04-2015