Shanghai SK Petroleum & Chemical Equipment (SZSE:002278) Cash per Share : ¥0.53 (As of Mar. 2024)

Shanghai SK Petroleum & Chemical Equipment Cash per Share Chart

Shanghai SK Petroleum & Chemical Equipment Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Cash per Share		Get a 7-Day Free Trial					0.56	0.79	0.73	0.77	0.61

Shanghai SK Petroleum & Chemical Equipment 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															0.69	0.74	0.58	0.61	0.53

Shanghai SK Petroleum & Chemical Equipment 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.

Shanghai SK Petroleum & Chemical Equipment's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Shanghai SK Petroleum & Chemical Equipment's Cash per Share for the quarter that ended in Mar. 2024 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.

Shanghai SK Petroleum & Chemical Equipment  (SZSE:002278) 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.

Shanghai SK Petroleum & Chemical Equipment Cash per Share Related Terms

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Shanghai SK Petroleum & Chemical Equipment (SZSE:002278) Business Description