Ningbo Deye Technology Co (SHSE:605117) Marketable Securities : ¥1,051 Mil (As of Mar. 2024)

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What is Ningbo Deye Technology Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Ningbo Deye Technology Co's Marketable Securities for the quarter that ended in Mar. 2024 was ¥1,051 Mil.

Ningbo Deye Technology Co's annual Marketable Securities increased from Dec. 2021 (¥516 Mil) to Dec. 2022 (¥1,246 Mil) and increased from Dec. 2022 (¥1,246 Mil) to Dec. 2023 (¥1,855 Mil).

Ningbo Deye Technology Co Marketable Securities Historical Data

The historical data trend for Ningbo Deye 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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Ningbo Deye Technology Co Marketable Securities Chart

Ningbo Deye Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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155.07

516.24

1,246.05

1,854.78

Ningbo Deye Technology Co Quarterly Data
	Dec17	Dec18	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															691.23	619.66	1,873.38	1,854.78	1,050.87

Ningbo Deye Technology Co Marketable Securities Calculation

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

Ningbo Deye Technology Co (SHSE:605117) 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".

Ningbo Deye Technology Co Marketable Securities Related Terms

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Ningbo Deye Technology Co (SHSE:605117) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ningbo Deye Technology Co Ltd (SHSE:605117) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 26, Yongjiang South Road, Daqi, Beilun District, Zhejiang Province, Ningbo, CHN, 315806

Website

http://www.deye.com.cn

Ningbo Deye Technology Co Ltd is engaged in the production and sales of components such as evaporators, condensers, and frequency conversion control chips, as well as environmental electrical products such as dehumidifiers and air source heat pump heaters.

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