Sobute New Materials Co (SHSE:603916) Cash per Share : ¥2.86 (As of Jun. 2024)

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What is Sobute New Materials Co Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Sobute New Materials Co's Cash per Share for the quarter that ended in Jun. 2024 was ¥2.86.

Sobute New Materials Co Cash per Share Historical Data

The historical data trend for Sobute New Materials Co'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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Sobute New Materials Co Cash per Share Chart

Sobute New Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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1.36

2.35

2.28

2.51

3.04

Sobute New Materials Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash per Share	Get a 7-Day Free Trial															2.40	2.56	3.04	3.31	2.86

Sobute New Materials Co 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.

Sobute New Materials Co'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)
	=	1279.099	/	420
	=	3.04

Sobute New Materials Co's Cash per Share for the quarter that ended in Jun. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	1238.731	/	433
	=	2.86

Sobute New Materials Co (SHSE:603916) 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.

Sobute New Materials Co Cash per Share Related Terms

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Sobute New Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Sobute New Materials Co Ltd (SHSE:603916) » Definitions » Cash per Share

Traded in Other Exchanges

N/A

Address

Chun Street Liquan Road 118, Jiangning District, Nanjing, CHN, 211100

Website

http://www.sobute.com

Sobute New Materials Co Ltd is a civil engineering material supplier. It is engaged in the research and development, production and sales of concrete admixtures. The company's products include Cement and concrete admixtures; Grouting material; Road construction material; and Building fiber.

Executives

Mou Chang Wen	Director
Hong Jin Xiang	senior management
Mao Liang Xi	Directors, senior managers
Xu Yue	senior management
Zhang Yong	senior management
Zhang Yue Xing	Supervisors
Zhang Jian Xiong	Director
Liu Jia Ping	Director
Chen Jian Hua	Director

Sobute New Materials Co Headlines

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