Jinxi Axle Co (SHSE:600495) Marketable Securities : ¥1,060 Mil (As of Mar. 2024)

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What is Jinxi Axle Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Jinxi Axle Co's Marketable Securities for the quarter that ended in Mar. 2024 was ¥1,060 Mil.

Jinxi Axle Co's annual Marketable Securities increased from Dec. 2021 (¥30 Mil) to Dec. 2022 (¥721 Mil) and increased from Dec. 2022 (¥721 Mil) to Dec. 2023 (¥1,060 Mil).

Jinxi Axle Co Marketable Securities Historical Data

The historical data trend for Jinxi Axle 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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Jinxi Axle Co Marketable Securities Chart

Jinxi Axle Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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30.44

721.22

1,060.00

Jinxi Axle 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															861.22	280.00	1,060.00	1,060.00	1,060.00

Jinxi Axle Co Marketable Securities Calculation

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

Jinxi Axle Co (SHSE:600495) 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".

Jinxi Axle Co Marketable Securities Related Terms

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Jinxi Axle Co (SHSE:600495) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jinxi Axle Co Ltd (SHSE:600495) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5 North Lane, Heping North Road, Shanxi, Taiyuan, CHN, 030027

Website

http://www.jinxiaxle.com

Jinxi Axle Co Ltd is a China-based company primarily engaged in rail transit equipment. The company is mainly engaged in the production and sales of railway vehicles, axles, wheelsets, bolster side frames, bogies, and other products. The axle products are used to manufacture railway locomotives, trucks, buses, subways, light rail and other rail vehicles. The company mainly distributes its products in domestic and overseas markets.

Executives

Jiang Xin Le

senior management

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