Shenzhen FRD Science & Techonology Co (SZSE:300602) Cash And Cash Equivalents : ¥1,008 Mil (As of Mar. 2024)

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What is Shenzhen FRD Science & Techonology Co Cash And Cash Equivalents?

Shenzhen FRD Science & Techonology Co's quarterly cash and cash equivalents declined from Sep. 2023 (¥1,398.25 Mil) to Dec. 2023 (¥1,254.01 Mil) but then stayed the same from Dec. 2023 (¥1,254.01 Mil) to Mar. 2024 (¥1,008.14 Mil).

Shenzhen FRD Science & Techonology Co's annual cash and cash equivalents declined from Dec. 2021 (¥685.49 Mil) to Dec. 2022 (¥594.59 Mil) but then increased from Dec. 2022 (¥594.59 Mil) to Dec. 2023 (¥1,254.01 Mil).

Shenzhen FRD Science & Techonology Co Cash And Cash Equivalents Historical Data

The historical data trend for Shenzhen FRD Science & Techonology 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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Shenzhen FRD Science & Techonology Co Cash And Cash Equivalents Chart

Shenzhen FRD Science & Techonology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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273.89

1,011.68

685.49

594.59

1,254.01

Shenzhen FRD Science & Techonology 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															764.33	1,701.92	1,398.25	1,254.01	1,008.14

Shenzhen FRD Science & Techonology 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.

Shenzhen FRD Science & Techonology Co (SZSE:300602) 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.

Shenzhen FRD Science & Techonology Co Cash And Cash Equivalents Related Terms

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Shenzhen FRD Science & Techonology Co (SZSE:300602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen FRD Science & Techonology Co Ltd (SZSE:300602) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Gaofa Industrial Park, Maotoushan, FRD Building, Beihuan Boulevard, 1st to 6th Floor, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055

Website

http://www.frd.cn

Shenzhen FRD Science & Techonology Co Ltd is a China based company engaged in manufacturing of EMI shielding materials, Thermal interface materials and other related electronic materials. The company has a business presence in China, and other countries. EMI shielding materials include metal shielding products, electrically conductive elastomer, fabric over foam and conductive, electrically conductive plastics, and microwave absorber. Thermal materials comprise graphite film, thermal interface material, and thermally conductive plastics. The other supporting materials offered by the entity are PUR hot melt adhesive, and graphics overlay and labels.

Executives

Ma Fei	Director
Du Jin Song	Directors, executives
Zhang Quan Hong	Executives
Xie Huo Gui	Supervisors
Liu Yi	Executives
Wang Yan	Directors, executives
Ma Jun	Directors, executives
Lan Yu Hong	Executives
Qiu Huan Wen	Directors, executives
Shi Wei Min	Executives
Lai Xiang Dong	Independent director

Shenzhen FRD Science & Techonology Co (SZSE:300602) Headlines

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