Shanghai Zhongchen Electronic Technology Co (SHSE:603275) Cash per Share : ¥13.94 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Shanghai Zhongchen Electronic Technology Co Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Shanghai Zhongchen Electronic Technology Co's Cash per Share for the quarter that ended in Mar. 2024 was ¥13.94.

Shanghai Zhongchen Electronic Technology Co Cash per Share Historical Data

The historical data trend for Shanghai Zhongchen Electronic Technology Co's Cash per Share 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.

Shanghai Zhongchen Electronic Technology Co Cash per Share Chart

Shanghai Zhongchen Electronic Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

1.03

1.67

2.52

2.95

14.30

Shanghai Zhongchen Electronic Technology Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash per Share	Get a 7-Day Free Trial							-	2.55	14.26	14.30	13.94

Shanghai Zhongchen Electronic Technology Co Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Shanghai Zhongchen Electronic Technology Co's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	2126.986	/	148.8
	=	14.30

Shanghai Zhongchen Electronic Technology Co's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	2074.297	/	148.8
	=	13.94

Shanghai Zhongchen Electronic Technology Co (SHSE:603275) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Shanghai Zhongchen Electronic Technology Co Cash per Share Related Terms

Thank you for viewing the detailed overview of Shanghai Zhongchen Electronic Technology Co's Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Shanghai Zhongchen Electronic Technology Co (SHSE:603275) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Zhongchen Electronic Technology Co Ltd (SHSE:603275) » Definitions » Cash per Share

Traded in Other Exchanges

N/A

Address

No. 3768 Yexin Road, Maogang Town, Songjiang, Shanghai, CHN, 201607

Website

http://www.zoncn.cn

Shanghai Zhongchen Electronic Technology Co Ltd is a high-tech enterprise focusing on the research and development, production, sales and service of electric transmission and industrial automation products. The company's main products are variable frequency drives, servo drive systems and electric new energy vehicle drives. The company has a wide range of products, among which medium and low-voltage variable frequency drives are divided into two categories: general-purpose products and industry-specific products.

Shanghai Zhongchen Electronic Technology Co (SHSE:603275) Headlines

No Headlines