Tahoe Group Co (SZSE:000732) Cash And Cash Equivalents : ¥1,540 Mil (As of Mar. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Tahoe Group Co Cash And Cash Equivalents?

Tahoe Group Co's quarterly cash and cash equivalents increased from Sep. 2022 (¥1,527.56 Mil) to Dec. 2022 (¥1,628.07 Mil) but then stayed the same from Dec. 2022 (¥1,628.07 Mil) to Mar. 2023 (¥1,540.00 Mil).

Tahoe Group Co's annual cash and cash equivalents declined from Dec. 2020 (¥2,928.93 Mil) to Dec. 2021 (¥1,908.84 Mil) and declined from Dec. 2021 (¥1,908.84 Mil) to Dec. 2022 (¥1,628.07 Mil).

Tahoe Group Co Cash And Cash Equivalents Historical Data

The historical data trend for Tahoe Group 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.

* Premium members only.

Tahoe Group Co Cash And Cash Equivalents Chart

Tahoe Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

Get a 7-Day Free Trial

14,895.13

13,195.91

2,928.93

1,908.84

1,628.07

Tahoe Group Co Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,932.78	1,798.02	1,527.56	1,628.07	1,540.00

Tahoe Group 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.

Tahoe Group Co (SZSE:000732) 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.

Tahoe Group Co Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Tahoe Group Co's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Tahoe Group Co (SZSE:000732) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tahoe Group Co Ltd (SZSE:000732) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

No. 9 East Second Ring Road, Cross Island Road, Taihe square, Taihe center, 20-31 layer, Jinan District, Fuzhou, CHN, 350001

Website

http://www.thaihot.com.cn

Tahoe Group Co Ltd is a real estate development company. The portfolio owned by the firm includes office buildings, hotel apartments, and commercial pedestrian streets. Geographically, the business operations of the company are located across China mainly in Beijing and Shanghai.

Executives

Shen Li Nan	Executives
Ge Yong	Directors, executives
Zhu Jin Kang	Executives
Huang Qi Sen	Directors, executives
Ding Yu Kun	Supervisors

Tahoe Group Co (SZSE:000732) Headlines

No Headlines