Shanghai Zhongchen Electronic Technology Co (SHSE:603275) Marketable Securities : ¥1,140.7 Mil (As of Mar. 2024)

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What is Shanghai Zhongchen Electronic Technology Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Shanghai Zhongchen Electronic Technology Co's Marketable Securities for the quarter that ended in Mar. 2024 was ¥1,140.7 Mil.

Shanghai Zhongchen Electronic Technology Co's annual Marketable Securities declined from Dec. 2021 (¥279.1 Mil) to Dec. 2022 (¥277.5 Mil) but then increased from Dec. 2022 (¥277.5 Mil) to Dec. 2023 (¥1,066.0 Mil).

Shanghai Zhongchen Electronic Technology Co Marketable Securities Historical Data

The historical data trend for Shanghai Zhongchen Electronic Technology 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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Shanghai Zhongchen Electronic Technology Co Marketable Securities Chart

Shanghai Zhongchen Electronic Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

87.17

183.98

279.14

277.52

1,065.99

Shanghai Zhongchen Electronic Technology Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Marketable Securities	Get a 7-Day Free Trial							-	93.34	641.73	1,065.99	1,140.65

Shanghai Zhongchen Electronic Technology Co Marketable Securities Calculation

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

Shanghai Zhongchen Electronic Technology Co (SHSE:603275) 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".

Shanghai Zhongchen Electronic Technology Co Marketable Securities Related Terms

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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 » Marketable Securities

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.

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