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STO Express Co (SZSE:002468) Marketable Securities : ¥275 Mil (As of Mar. 2024)


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What is STO Express Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. STO Express Co's Marketable Securities for the quarter that ended in Mar. 2024 was ¥275 Mil.

STO Express Co's annual Marketable Securities declined from Dec. 2021 (¥2,482 Mil) to Dec. 2022 (¥59 Mil) but then increased from Dec. 2022 (¥59 Mil) to Dec. 2023 (¥433 Mil).


STO Express Co Marketable Securities Historical Data

The historical data trend for STO Express 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.

* Premium members only.

STO Express Co Marketable Securities Chart

STO Express Co 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 1,075.00 1,954.82 2,482.49 58.74 432.81

STO Express 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 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 135.07 340.96 136.26 432.81 274.81

STO Express Co Marketable Securities Calculation

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


STO Express Co  (SZSE:002468) 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".


STO Express Co Marketable Securities Related Terms

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STO Express Co (SZSE:002468) Business Description

Traded in Other Exchanges
N/A
Address
No. 25, Lane 6598, Beiqing Road, Yibang International Office Building, Qingpu District, Shanghai, CHN, 201706
STO Express is one of the "Tongdas", which refers to the top four national express delivery companies that adopt the network partner model. Tongdas provide line-haul transportation, sorting, and waybill services to its network partners for fees, while its local network partners provide first-mile pickup and last-mile delivery services under the Tongdas' brands and collect the payments. STO was founded in 1993 by Nie Tengfei, who passed away in 1998. His ex-wife Chen Xiaoying's brother Chen Dejun is now the Chairman and General Manager, with a 28% stake, and Ms. Chen owned a 5% stake as of Dec. 31, 2022. STO's strategic shareholder is Cainiao Smart Logistics Network, with a 25% stake. Alibaba can exercise its share options to purchase 21% of STO before Dec. 27, 2025 at CNY 16.50 per share.

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