China Longyuan Power Group (China Longyuan Power Group) Cash per Share : $0.07 (As of Mar. 2024)

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What is China Longyuan Power Group Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). China Longyuan Power Group's Cash per Share for the quarter that ended in Mar. 2024 was $0.07.

China Longyuan Power Group Cash per Share Historical Data

The historical data trend for China Longyuan Power Group'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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China Longyuan Power Group Cash per Share Chart

China Longyuan Power Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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0.07

0.11

0.10

0.36

0.09

China Longyuan Power Group 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															0.34	0.31	0.16	0.09	0.07

China Longyuan Power Group 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.

China Longyuan Power Group's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	747.646	/	8,382
	=	0.09

China Longyuan Power Group's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	581.122	/	8,360
	=	0.07

China Longyuan Power Group (OTCPK:CLPXF) 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.

China Longyuan Power Group Cash per Share Related Terms

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China Longyuan Power Group (China Longyuan Power Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Longyuan Power Group Corp Ltd (OTCPK:CLPXF) » Definitions » Cash per Share

Traded in Other Exchanges

CLPXY:USA 00916:Hong Kong 6WX:Germany 001289:China

Address

6 Fuchengmen North Street, Room 2006, 20th Floor, Block C, Xicheng District, Beijing, CHN

Website

http://www.clypg.com.cn

Longyuan is China's largest wind farm operator, with consolidated installed wind capacity of 26.2 gigawatts as of end-2022, representing about 7% of nationwide wind capacity. It has more than 400 wind farms spread across China, and has also expanded into other countries such as Canada and South Africa. Longyuan owns two coal-fired power plants in Jiangsu and operates other renewable assets such as solar, geothermal, and tidal energy on a limited scale. The consolidated installed capacity mix is about 84% wind, 6% thermal, and the remainder in other renewables. China Energy Investment, which was created through the merger of China Guodian Corporation and China Shenhua Group, is the major shareholder with a controlling stake of about 58.6%.