Ningbo Ronbay New Energy Technology Co (SHSE:688005) Cash per Share : ¥6.15 (As of Mar. 2025)

Ningbo Ronbay New Energy Technology Co Cash per Share Chart

Ningbo Ronbay New Energy Technology Co Annual Data
	Trend	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23	Dec24
Cash per Share		Get a 7-Day Free Trial				2.44	4.24	7.55	8.04	5.05

Ningbo Ronbay New Energy Technology Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash per Share	Get a 7-Day Free Trial															6.74	7.41	5.84	5.05	6.15

Ningbo Ronbay New Energy Technology 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.

Ningbo Ronbay New Energy Technology Co's Cash per Share for the fiscal year that ended in Dec. 2024 is calculated as:

Ningbo Ronbay New Energy Technology Co's Cash per Share for the quarter that ended in Mar. 2025 is calculated as:

* 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.

Ningbo Ronbay New Energy Technology Co  (SHSE:688005) 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.

Ningbo Ronbay New Energy Technology Co Cash per Share Related Terms

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Ningbo Ronbay New Energy Technology Co Business Description