Shanghai CEO Environmental Protection Technology Co (SHSE:688335) Cash And Cash Equivalents : ¥276.5 Mil (As of Mar. 2024)

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What is Shanghai CEO Environmental Protection Technology Co Cash And Cash Equivalents?

Shanghai CEO Environmental Protection Technology Co's quarterly cash and cash equivalents increased from Sep. 2023 (¥305.19 Mil) to Dec. 2023 (¥630.61 Mil) but then stayed the same from Dec. 2023 (¥630.61 Mil) to Mar. 2024 (¥276.53 Mil).

Shanghai CEO Environmental Protection Technology Co's annual cash and cash equivalents increased from Dec. 2021 (¥803.96 Mil) to Dec. 2022 (¥849.94 Mil) but then declined from Dec. 2022 (¥849.94 Mil) to Dec. 2023 (¥630.61 Mil).

Shanghai CEO Environmental Protection Technology Co Cash And Cash Equivalents Historical Data

The historical data trend for Shanghai CEO Environmental Protection Technology 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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Shanghai CEO Environmental Protection Technology Co Cash And Cash Equivalents Chart

Shanghai CEO Environmental Protection Technology Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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151.07

828.46

803.96

849.94

630.61

Shanghai CEO Environmental Protection Technology 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															432.97	474.56	305.19	630.61	276.53

Shanghai CEO Environmental Protection Technology 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.

Shanghai CEO Environmental Protection Technology Co (SHSE:688335) 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.

Shanghai CEO Environmental Protection Technology Co Cash And Cash Equivalents Related Terms

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Shanghai CEO Environmental Protection Technology Co (SHSE:688335) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai CEO Environmental Protection Technology Co Ltd (SHSE:688335) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Lane 1688, Guoquan North Road, 8th Floor, Building A7, Bay Valley Technology Park, Yangpu District, Shanghai, CHN, 200433

Website

http://www.ceo.sh.cn

Shanghai CEO Environmental Protection Technology Co Ltd is a national high-tech enterprise dedicated to ecological environmental protection and governance. The company has owned core technologies such as low-temperature vacuum dehydration and drying integration technology and exhaust gas purification series technology. It provides sludge dehydration and drying and exhaust gas purification technology equipment and services for urban and industrial (park) sewage treatment plants (stations). It integrates the research and development, design, manufacturing, integration, installation and installation of high-end energy-saving and environmental protection technologies and equipment.

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