Guangshen Railway Co (FRA:GRCH) Cash And Cash Equivalents : €327 Mil (As of Mar. 2024)

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What is Guangshen Railway Co Cash And Cash Equivalents?

Guangshen Railway Co's quarterly cash and cash equivalents increased from Sep. 2023 (€183.46 Mil) to Dec. 2023 (€190.39 Mil) and increased from Dec. 2023 (€190.39 Mil) to Mar. 2024 (€326.79 Mil).

Guangshen Railway Co's annual cash and cash equivalents declined from Dec. 2021 (€216.68 Mil) to Dec. 2022 (€175.98 Mil) but then increased from Dec. 2022 (€175.98 Mil) to Dec. 2023 (€190.39 Mil).

Guangshen Railway Co Cash And Cash Equivalents Historical Data

The historical data trend for Guangshen Railway Co'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.

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Guangshen Railway Co Cash And Cash Equivalents Chart

Guangshen Railway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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200.48

194.24

216.68

175.98

190.39

Guangshen Railway Co 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															236.75	222.32	183.46	190.39	326.79

Guangshen Railway Co 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.

Guangshen Railway Co (FRA:GRCH) 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.

Guangshen Railway Co Cash And Cash Equivalents Related Terms

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Guangshen Railway Co (FRA:GRCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Guangshen Railway Co Ltd (FRA:GRCH) » Definitions » Cash And Cash Equivalents

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GNGYF:USA 00525:Hong Kong 601333:China

Address

No. 1052, Heping Road, Guangdong Province, Luohu District, Shenzhen, CHN, 518010

Website

https://www.gsrc.com

Guangshen Railway Co Ltd is one of the key railway operators in southern China's relatively prosperous Guangdong province. It provides both passenger and freight transportation through its wholly owned Guangzhou Shenzhen intercity express rail line and Guangzhou Pingshi rail line, as well as a few long-distance passenger lines. Its operating segment includes The Railway Transportation Business and others. The majority of revenue is generated from the railway transportation business segment.

Guangshen Railway Co (FRA:GRCH) Headlines

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