Agricultural Bank of China (Agricultural Bank of China) Cash per Share : $44.14 (As of Mar. 2024)

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What is Agricultural Bank of China Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Agricultural Bank of China's Cash per Share for the quarter that ended in Mar. 2024 was $44.14.

Agricultural Bank of China Cash per Share Historical Data

The historical data trend for Agricultural Bank of China's Cash per Share 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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Agricultural Bank of China Cash per Share Chart

Agricultural Bank of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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35.53

38.30

34.58

38.56

45.75

Agricultural Bank of China Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash per Share	Get a 7-Day Free Trial															49.15	45.31	41.54	45.75	44.14

Agricultural Bank of China Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Agricultural Bank of China's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	640410.633	/	13,999
	=	45.75

Agricultural Bank of China's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	617874.193	/	13,999
	=	44.14

Agricultural Bank of China (OTCPK:ACGBY) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Agricultural Bank of China Cash per Share Related Terms

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Agricultural Bank of China (Agricultural Bank of China) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Agricultural Bank of China Ltd (OTCPK:ACGBY) » Definitions » Cash per Share

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Traded in Other Exchanges

ACGBF:USA 01288:Hong Kong EK7:Germany 601288:China

Address

50 Connaught Road, 25th Floor, Agricultural Bank of China Tower, Central, Hong Kong, HKG

Website

https://www.abchina.com

As one of the big four banks, ABC is headquartered in Beijing. The bank evolved from a state-owned specialized bank to a state-controlled commercial bank. It listed on the Hong Kong and Shanghai Stock Exchanges in 2010. ABC operates more than 20,000-branch network in China, providing corporate and retail banking products and services, and carries out treasury operations for its own accounts or for its customers. Shareholders Central Huijin, China's state-owned investment company, and the Ministry of Finance own 37.15% and 32.47%, respectively. Corporate banking, retail banking, and wholesale banking accounted for 41%, 53%, and 6% of total revenue in the first half of 2023, respectively. Rural banking and urban banking contributed 49% and 51% of total revenue during the same period.

Agricultural Bank of China (Agricultural Bank of China) Headlines

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