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Rongsheng Petro Chemical Co (SZSE:002493) Marketable Securities : ¥278 Mil (As of Mar. 2024)


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What is Rongsheng Petro Chemical Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Rongsheng Petro Chemical Co's Marketable Securities for the quarter that ended in Mar. 2024 was ¥278 Mil.

Rongsheng Petro Chemical Co's annual Marketable Securities declined from Dec. 2021 (¥345 Mil) to Dec. 2022 (¥188 Mil) but then increased from Dec. 2022 (¥188 Mil) to Dec. 2023 (¥310 Mil).


Rongsheng Petro Chemical Co Marketable Securities Historical Data

The historical data trend for Rongsheng Petro Chemical 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.

Rongsheng Petro Chemical Co Marketable Securities Chart

Rongsheng Petro Chemical 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 86.03 128.08 345.15 188.28 310.09

Rongsheng Petro Chemical 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 102.40 387.22 458.66 310.09 278.31

Rongsheng Petro Chemical Co Marketable Securities Calculation

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


Rongsheng Petro Chemical Co  (SZSE:002493) 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".


Rongsheng Petro Chemical Co Marketable Securities Related Terms

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Rongsheng Petro Chemical Co (SZSE:002493) Business Description

Traded in Other Exchanges
N/A
Address
No.98, Hongyang Road Yinong Town, Xiaoshan District, Hangzhou, CHN
Rongsheng Petro Chemical Co Ltd operates in the petrochemical industry. The company is specialized in the production and marketing of petrochemical and chemical fiber. Its product portfolio comprises synthetic fibers and films, synthetic raw material, synthetic resins, olefin, aromatics and phenols and oil products.

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