Shandong Buchang Pharmaceuticals Co (SHSE:603858) Marketable Securities : ¥352 Mil (As of Mar. 2024)

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What is Shandong Buchang Pharmaceuticals Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Shandong Buchang Pharmaceuticals Co's Marketable Securities for the quarter that ended in Mar. 2024 was ¥352 Mil.

Shandong Buchang Pharmaceuticals Co's annual Marketable Securities increased from Dec. 2021 (¥498 Mil) to Dec. 2022 (¥726 Mil) but then declined from Dec. 2022 (¥726 Mil) to Dec. 2023 (¥354 Mil).

Shandong Buchang Pharmaceuticals Co Marketable Securities Historical Data

The historical data trend for Shandong Buchang Pharmaceuticals 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 Buchang Pharmaceuticals Co Marketable Securities Chart

Shandong Buchang Pharmaceuticals Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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386.45

498.17

726.45

354.09

Shandong Buchang Pharmaceuticals 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															976.45	457.63	375.27	354.09	352.14

Shandong Buchang Pharmaceuticals Co Marketable Securities Calculation

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

Shandong Buchang Pharmaceuticals Co (SHSE:603858) 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 Buchang Pharmaceuticals Co Marketable Securities Related Terms

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Shandong Buchang Pharmaceuticals Co (SHSE:603858) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shandong Buchang Pharmaceuticals Co Ltd (SHSE:603858) » Definitions » Marketable Securities

Traded in Other Exchanges

N/A

Address

No. 369, Zhonghua West Road, Shandong Province, Heze, CHN, 274000

Website

http://www.buchang.com

Shandong Buchang Pharmaceuticals Co Ltd is a pharmaceuticals company engaged in drug manufacturing. It specializes in the research and development, production and sale of Traditional Chinese patent medicines, supplemented by fields such as hi-tech industry and health industry. The company offers drugs for cardiac and cerebral vascular disease, diabetes, urinary and digestive disease, respiratory disease, gynecological disease and others. Geographically, the company holds its production bases in Shandong, Shaanxi, Hebei and Northeast China, with its marketing network spreading all over the major provinces of China.

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