GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Qingdao Topscomm Communication Inc (SHSE:603421) » Definitions » Marketable Securities

Qingdao Topscomm Communication (SHSE:603421) Marketable Securities : ¥2 Mil (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Qingdao Topscomm Communication Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Qingdao Topscomm Communication's Marketable Securities for the quarter that ended in Mar. 2024 was ¥2 Mil.

Qingdao Topscomm Communication's annual Marketable Securities increased from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥3 Mil) but then declined from Dec. 2022 (¥3 Mil) to Dec. 2023 (¥2 Mil).


Qingdao Topscomm Communication Marketable Securities Historical Data

The historical data trend for Qingdao Topscomm Communication'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.

* Premium members only.

Qingdao Topscomm Communication Marketable Securities Chart

Qingdao Topscomm Communication Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.90 2.49

Qingdao Topscomm Communication 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 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 2.71 2.16 2.35 2.49 2.13

Qingdao Topscomm Communication Marketable Securities Calculation

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


Qingdao Topscomm Communication  (SHSE:603421) 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".


Qingdao Topscomm Communication Marketable Securities Related Terms

Thank you for viewing the detailed overview of Qingdao Topscomm Communication's Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.


Qingdao Topscomm Communication (SHSE:603421) Business Description

Traded in Other Exchanges
N/A
Address
No. 288 Ningxia Road, 5th Floor, No. 6 Building, Qingdao Software Park, Shinan District, Qingdao City, CHN, 266024
Qingdao Topscomm Communication Inc designs, researches and develops, manufactures, and sells smart products for electric power and fire protection in China. It also engages in the research and development of power line carrier communication chips and fieldbus communication chips. Its products include smart energy meters, such as smart prepayment and advanced metering infrastructure (AMI), power line carrier communication system; chips; terminal collecting device such as concentrator and state grid concentrator; and intelligent indoor terminal. It also provides AMI, prepayment vending, water/gas/heat and electricity meter AMR/AMI, distribution automation and management, and low and medium voltage PLC communication solutions.

Qingdao Topscomm Communication (SHSE:603421) Headlines

No Headlines