Gotion High-tech Co (SZSE:002074) Purchase Of Investment : ¥-7,875 Mil (TTM As of Mar. 2024)

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What is Gotion High-tech Co Purchase Of Investment?

Gotion High-tech Co's purchase of investment for the three months ended in Mar. 2024 was ¥-894 Mil. It means Gotion High-tech Co spent ¥894 Mil on purchasing investments. Gotion High-tech Co's purchase of investment for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-7,875 Mil.

Compared with last quarter (¥-1,335 Mil in Dec. 2023 ), Gotion High-tech Co spent less money on purchasing investments in Mar. 2024 (¥-894 Mil).

Gotion High-tech Co Purchase Of Investment Historical Data

The historical data trend for Gotion High-tech Co's Purchase Of Investment 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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Gotion High-tech Co Purchase Of Investment Chart

Gotion High-tech Co Annual Data

Trend

Dec14

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Dec22

Dec23

Purchase Of Investment

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-173.00

-1,022.46

-713.20

-4,450.29

-7,814.77

Gotion High-tech Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Purchase Of Investment	Get a 7-Day Free Trial															-833.84	-2,203.15	-3,443.24	-1,334.54	-894.27

Gotion High-tech Co Purchase Of Investment Calculation

Purchase of Investments represents cash outflow on the purchase of investments in securities.

Purchase Of Investment for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-7,875 Mil.

Gotion High-tech Co Purchase Of Investment Related Terms

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Gotion High-tech Co (SZSE:002074) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gotion High-tech Co Ltd (SZSE:002074) » Definitions » Purchase Of Investment

Traded in Other Exchanges

N/A

Address

No. 599 Daihe Road, Xinzhan District, Hefei, CHN, 230012

Website

http://www.gotion.com.cn

Established in 2006 in Hefei, Anhui province, Gotion High-tech, is one of the first enterprises engaged in research, production, and sales of rechargeable lithium-ion batteries for NEVs in China. Its main products include lithium iron phosphate materials and batteries, ternary batteries, battery packs, and energy storage batteries. The products are widely used in new energy passenger vehicles, commercial vehicles, energy storage power plants, communication base stations, and so on. Gotion ranked eighth among global EV battery companies with 3% market share in 2022 in terms of installed capacity, and fourth in China with 5% market share. The company is 25%-owned by Volkswagen Group with Chairman Li Zhen holding around 7%.

Gotion High-tech Co (SZSE:002074) Headlines

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