Changzhou Shichuang Energy Co (SHSE:688429) Cash per Share : ¥2.22 (As of Sep. 2024)

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What is Changzhou Shichuang Energy Co Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Changzhou Shichuang Energy Co's Cash per Share for the quarter that ended in Sep. 2024 was ¥2.22.

Changzhou Shichuang Energy Co Cash per Share Historical Data

The historical data trend for Changzhou Shichuang Energy 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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Changzhou Shichuang Energy Co Cash per Share Chart

Changzhou Shichuang Energy Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

1.88

2.98

0.76

1.92

3.64

Changzhou Shichuang Energy Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash per Share	Get a 7-Day Free Trial										2.80	3.64	3.46	3.02	2.22

Changzhou Shichuang Energy 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.

Changzhou Shichuang Energy 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)
	=	1455.48	/	400.0
	=	3.64

Changzhou Shichuang Energy Co's Cash per Share for the quarter that ended in Sep. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	888.773	/	400.0
	=	2.22

Changzhou Shichuang Energy Co (SHSE:688429) 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.

Changzhou Shichuang Energy Co Cash per Share Related Terms

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Changzhou Shichuang Energy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Changzhou Shichuang Energy Co Ltd (SHSE:688429) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Wutandu Road, Licheng Town, Jiangsu, Liyang, CHN, 213300

Website

http://www.shichuang.cc

Changzhou Shichuang Energy Co Ltd is engaged in Research and development, production and sales of photovoltaic wet process auxiliary products, photovoltaic equipment and photovoltaic cells. The company's auxiliary products include texturing auxiliary products, polishing auxiliary products, cleaning auxiliary products, etc., which are mainly used for texturing, etching and polishing, cleaning and other links in the production of photovoltaic cells.

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