AECC Aviation Power Co (SHSE:600893) Cash And Cash Equivalents : ¥7,730 Mil (As of Dec. 2024)

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What is AECC Aviation Power Co Cash And Cash Equivalents?

AECC Aviation Power Co's quarterly cash and cash equivalents declined from Jun. 2024 (¥5,609.43 Mil) to Sep. 2024 (¥3,669.85 Mil) but then increased from Sep. 2024 (¥3,669.85 Mil) to Dec. 2024 (¥7,729.66 Mil).

AECC Aviation Power Co's annual cash and cash equivalents declined from Dec. 2022 (¥9,374.41 Mil) to Dec. 2023 (¥8,382.08 Mil) and declined from Dec. 2023 (¥8,382.08 Mil) to Dec. 2024 (¥7,729.66 Mil).

AECC Aviation Power Co Cash And Cash Equivalents Historical Data

The historical data trend for AECC Aviation Power 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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AECC Aviation Power Co Cash And Cash Equivalents Chart

AECC Aviation Power Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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8,089.38

15,906.78

9,374.41

8,382.08

7,729.66

AECC Aviation Power Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															8,382.08	3,287.16	5,609.43	3,669.85	7,729.66

AECC Aviation Power 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.

AECC Aviation Power Co (SHSE:600893) 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.

AECC Aviation Power Co Cash And Cash Equivalents Related Terms

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AECC Aviation Power Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AECC Aviation Power Co Ltd (SHSE:600893) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Fengcheng Road, Weiyang District, Shaanxi Province, Xi\'an, CHN, 710021

Website

http://www.xaec.com

AECC Aviation Power Co Ltd is a China-based manufacturer of aeronautical engines. It engaged in the design, development, production, maintenance, marketing and after-sales service of military aircraft and civil aircraft power devices, second power devices, gas turbines, helicopter transmission systems, and aero-engine technology derivative products; customers involved in aviation, aerospace, ships, weapons, Energy and airspace and other fields. The company designs and produces products such as turbojets, turbofans, turboshafts, turboprops, and pistons, such as aero engines, gas turbines, and helicopter transmission systems.

Executives

Lei Wei Long	Director
Shu Wei	senior management
Xu Guang Jing	senior management
Pang Wei	Director
Zhao Yue	senior management
Shi Jing Ming	Supervisors
Ning Fu Shun	Director
Mu Ya Shi	senior management

AECC Aviation Power Co Headlines

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