Report on Cash, Investment and Financing Capability of ZLCs in 2019

Abstract

This report focuses on the cash and investment and financing ability of Zhongguancun listed companies, and makes a detailed analysis from three dimensions: cash and its equivalents, cash flow changes and financing situation. The results show that the cash and cash equivalents of listed companies in Zhongguancun have increased year by year, and have accumulated to a large scale, but they are mainly concentrated in the hands of state-owned enterprises, while private enterprises have relatively little cash. In addition, the net operating cash flow and net investment cash flow of listed companies in Zhongguancun increased to a certain extent in 2019, but net financing cash flow decreased. At the same time, due to the introduction of STAR Market system and the reform of domestic capital market, Zhongguancun enterprises are more inclined to list in China.