Friend Co (SHSE:605050) Beginning Cash Position: ¥1,180 Mil (As of Jun. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:605050 Friend Co Ltd SHSE:605050
62 GF Score
Price ¥10.17
GF Value ¥13.64
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Friend Co Beginning Cash Position?

Friend Co SHSE:605050 +0.10% 62 Beginning Cash Position is ¥1,180 Mil as of Jun. 2026. GuruFocus rates SHSE:605050 with a GF Score™ of 62/100 and a GF Value™ of ¥13.64 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Friend Co's Beginning Cash Position for the quarter that ended in Jun. 2026 was ¥1,180 Mil.

Friend Co's quarterly Beginning Cash Position increased from Dec. 2025 (¥1,363 Mil) to Mar. 2026 (¥1,596 Mil) but then declined from Mar. 2026 (¥1,596 Mil) to Jun. 2026 (¥1,180 Mil).

Friend Co's annual Beginning Cash Position declined from Dec. 2023 (¥1,497 Mil) to Dec. 2024 (¥1,347 Mil) but then increased from Dec. 2024 (¥1,347 Mil) to Dec. 2025 (¥1,559 Mil).


Friend Co Beginning Cash Position Related Terms


Friend Co Beginning Cash Position Historical Data

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The historical data trend for Friend Co's Beginning Cash Position 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.

Friend Co Beginning Cash Position Chart

Friend Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,155.56 1,315.60 1,496.69 1,346.89 1,558.51

Friend Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Beginning Cash Position 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 1,078.24 1,645.40 1,363.34 1,596.37 1,180.23
SHSE:605050
62GF Score
Friend Co Ltd SHSE:605050
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Friend Co Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of ¥1,180 Mil mean?
Friend Co (SHSE:605050) has a Beginning Cash Position of ¥1,180 Mil as of Jun. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Friend Co and its competitors.
Is Friend Co's Beginning Cash Position too high?
Friend Co's current Beginning Cash Position is ¥1,180 Mil. Overall, Friend Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Friend Co's Beginning Cash Position compare to NUE and STLD?
Friend Co's Beginning Cash Position of ¥1,180 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Steel company?
A good Beginning Cash Position depends on the Steel industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Friend Co and its competitors. Friend Co's current Beginning Cash Position is ¥1,180 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friend Co stock overvalued right now?
Based on GuruFocus' analysis, Friend Co (SHSE:605050) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.64, compared to a current price of ¥10.17 — trading 25.4% below its estimated fair value. The current Beginning Cash Position is ¥1,180 Mil. Friend Co's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Friend Co (SHSE:605050), the current Beginning Cash Position is ¥1,180 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Friend Co (SHSE:605050) Overvalued in 2026?

Based on GuruFocus' analysis, Friend Co stock appears to be undervalued. The current stock price of ¥10.17 is trading 25.4% below its estimated GF Value™ of ¥13.64. GuruFocus considers Friend Co to be Modestly Undervalued.

Key valuation signals for SHSE:605050:

  • Beginning Cash Position: ¥1,180 Mil
  • GF Value™: ¥13.64 vs. price of ¥10.17 (25.4% below fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the SHSE:605050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Friend Co Business Description

Address No. 3759, Panjing Road, Baoshan Industrial Park, Baoshan District, Shanghai, CHN, 200942
Friend Co Ltd is engaged in providing complete steel logistics supply chain services for mid-to-high-end automotive, home appliance and other industries or their supporting manufacturers, including procurement, processing, warehousing, cutting, and packaging , Transportation and distribution services, and corresponding technical support services.
62GF Score

Get the complete analysis for SHSE:605050

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥10.17
Price
¥13.64
GF Value