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Zhejiang Mustang Battery Co (SHSE:605378) Marketable Securities : ¥559 Mil (As of Mar. 2024)


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What is Zhejiang Mustang Battery Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Zhejiang Mustang Battery Co's Marketable Securities for the quarter that ended in Mar. 2024 was ¥559 Mil.

Zhejiang Mustang Battery Co's annual Marketable Securities increased from Dec. 2021 (¥688 Mil) to Dec. 2022 (¥695 Mil) but then declined from Dec. 2022 (¥695 Mil) to Dec. 2023 (¥545 Mil).


Zhejiang Mustang Battery Co Marketable Securities Historical Data

The historical data trend for Zhejiang Mustang Battery 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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Zhejiang Mustang Battery Co Marketable Securities Chart

Zhejiang Mustang Battery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Marketable Securities
Get a 7-Day Free Trial 152.40 229.35 688.39 695.48 544.77

Zhejiang Mustang Battery 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 652.75 614.05 529.72 544.77 558.85

Zhejiang Mustang Battery Co Marketable Securities Calculation

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


Zhejiang Mustang Battery Co  (SHSE:605378) 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".


Zhejiang Mustang Battery Co Marketable Securities Related Terms

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Zhejiang Mustang Battery Co (SHSE:605378) Business Description

Traded in Other Exchanges
N/A
Address
818 Rongji Road, Luotuo Street, Zhenhai District, Zhejiang Province, Ningbo, CHN, 315202
Zhejiang Mustang Battery Co Ltd is engaged in the research and development, production and sales of high-performance, environmentally friendly zinc-manganese batteries.

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