Shandong Hi-Speed Co (SHSE:600350) Marketable Securities : ¥867 Mil (As of Mar. 2024)

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What is Shandong Hi-Speed Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Shandong Hi-Speed Co's Marketable Securities for the quarter that ended in Mar. 2024 was ¥867 Mil.

Shandong Hi-Speed Co's annual Marketable Securities increased from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥1,238 Mil) but then declined from Dec. 2022 (¥1,238 Mil) to Dec. 2023 (¥887 Mil).

Shandong Hi-Speed Co Marketable Securities Historical Data

The historical data trend for Shandong Hi-Speed Co's Marketable Securities 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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Shandong Hi-Speed Co Marketable Securities Chart

Shandong Hi-Speed Co Annual Data

Trend

Dec14

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Dec22

Dec23

Marketable Securities

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502.68

1,238.17

887.43

Shandong Hi-Speed Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Marketable Securities	Get a 7-Day Free Trial															1,930.70	1,215.10	600.00	887.43	866.63

Shandong Hi-Speed Co Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Shandong Hi-Speed Co (SHSE:600350) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Shandong Hi-Speed Co Marketable Securities Related Terms

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Shandong Hi-Speed Co (SHSE:600350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shandong Hi-Speed Co Ltd (SHSE:600350) » Definitions » Marketable Securities

Traded in Other Exchanges

N/A

Address

No. 5006, Aoti Middle Road, Shandong, Jinan, CHN, 250101

Website

http://www.sdecl.com.cn

Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.

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