Henan Tong-Da Cable Co (SZSE:002560) Cash per Share : ¥1.59 (As of Mar. 2024)

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What is Henan Tong-Da Cable Co Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Henan Tong-Da Cable Co's Cash per Share for the quarter that ended in Mar. 2024 was ¥1.59.

Henan Tong-Da Cable Co Cash per Share Historical Data

The historical data trend for Henan Tong-Da Cable 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.

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Henan Tong-Da Cable Co Cash per Share Chart

Henan Tong-Da Cable Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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1.17

1.51

1.13

3.19

1.63

Henan Tong-Da Cable Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash per Share	Get a 7-Day Free Trial															3.36	3.07	2.03	1.63	1.59

Henan Tong-Da Cable 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.

Henan Tong-Da Cable 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)
	=	859.414	/	527
	=	1.63

Henan Tong-Da Cable 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)
	=	835.177	/	527
	=	1.59

Henan Tong-Da Cable Co (SZSE:002560) 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.

Henan Tong-Da Cable Co Cash per Share Related Terms

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Henan Tong-Da Cable Co (SZSE:002560) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Henan Tong-Da Cable Co Ltd (SZSE:002560) » Definitions » Cash per Share

Traded in Other Exchanges

N/A

Address

Shijiawan Industrial Zone, Henan, Yanshi, CHN, 471922

Website

http://www.hntddl.com

Henan Tong-Da Cable Co Ltd is engaged in the research, development, and production of wires and cables. The products of the company include home improvement green wire, overhead bare wire, overhead insulated wire, and control cable.

Executives

Liu Zhi Jian	Secretary Dong
Yan Wen Ge	Executives
Qu Hong Pu	Directors, executives
Shi Wan Fu	Director
Li Gao Jie	Securities Affairs Representative
Cai Xiao Xian	Supervisors
Zhang Zhi Zhong	Directors, Directors, and Executives
Ma Yan Hong	Supervisors
Shao Xue Liang	Directors, executives

Henan Tong-Da Cable Co (SZSE:002560) Headlines

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