MGI Tech Co (SHSE:688114) Ending Cash Position : ¥4,221 Mil (As of Mar. 2024)

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What is MGI Tech Co Ending Cash Position?

MGI Tech Co's Ending Cash Position for the quarter that ended in Mar. 2024 was ¥4,221 Mil.

MGI Tech Co's quarterly Ending Cash Position declined from Sep. 2023 (¥5,149 Mil) to Dec. 2023 (¥4,773 Mil) and declined from Dec. 2023 (¥4,773 Mil) to Mar. 2024 (¥4,221 Mil).

MGI Tech Co's annual Ending Cash Position increased from Dec. 2021 (¥2,585 Mil) to Dec. 2022 (¥6,469 Mil) but then declined from Dec. 2022 (¥6,469 Mil) to Dec. 2023 (¥4,773 Mil).

MGI Tech Co Ending Cash Position Historical Data

The historical data trend for MGI Tech Co's Ending Cash Position 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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MGI Tech Co Ending Cash Position Chart

MGI Tech Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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61.87

2,791.91

2,585.45

6,468.99

4,772.67

MGI Tech Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial													5,911.91	5,872.42	5,149.16	4,772.67	4,220.76

MGI Tech Co Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

MGI Tech Co's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	6468.985	+	-1696.315
	=	4,773

MGI Tech Co's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	4772.671	+	-551.91
	=	4,221

MGI Tech Co Ending Cash Position Related Terms

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MGI Tech Co (SHSE:688114) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MGI Tech Co Ltd (SHSE:688114) » Definitions » Ending Cash Position

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Traded in Other Exchanges

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Address

Beishan Industrial Zone, 2nd Floor, Comprehensive Building and Building 11, Yantian District, Guangdong Province, Shenzhen, CHN, 518083

Website

http://www.mgi-tech.com

MGI Tech Co Ltd is a producer of clinical high-throughput gene sequencers, and its multi-omics platforms include genetic sequencing, medical imaging, and laboratory automation. It provides real-time, panoramic, and full-life-cycle equipment and systems for precision medicine, precision agriculture, precision healthcare and other relevant industries.

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