Qilu Expressway Company (HKSE:01576) Cash per Share : HK$0.33 (As of Dec. 2023)

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What is Qilu Expressway Company Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Qilu Expressway Company's Cash per Share for the quarter that ended in Dec. 2023 was HK$0.33.

Qilu Expressway Company Cash per Share Historical Data

The historical data trend for Qilu Expressway Company'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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Qilu Expressway Company Cash per Share Chart

Qilu Expressway Company Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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0.89

0.32

0.36

0.94

0.33

Qilu Expressway Company Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash per Share	Get a 7-Day Free Trial											0.36	1.17	0.94	0.60	0.33

Qilu Expressway Company 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.

Qilu Expressway Company'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)
	=	655.997	/	2,000
	=	0.33

Qilu Expressway Company's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	655.997	/	2,000
	=	0.33

Qilu Expressway Company (HKSE:01576) 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.

Qilu Expressway Company Cash per Share Related Terms

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Qilu Expressway Company (HKSE:01576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Qilu Expressway Company Ltd (HKSE:01576) » Definitions » Cash per Share

Traded in Other Exchanges

N/A

Address

No. 7000, Jingshi East Road, Zone 3, Hanyu Financial & Business Centre, Room 2301, Block 4, High-tech Zone, Shandong Province, Jinan, CHN

Website

http://www.qlecl.com

Qilu Expressway Company Ltd is an expressway operator in Shandong province with the concession rights to construct, maintain, operate and management of the Jihe Expressway, the Deshang Expressway and the Shennan Expressway. It has only one reportable segment, Expressway Business. Its operations are located in Mainland China.

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