Zhejiang Canaan Technology (SZSE:300412) Cash per Share : ¥0.55 (As of Sep. 2024)

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What is Zhejiang Canaan Technology Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Zhejiang Canaan Technology's Cash per Share for the quarter that ended in Sep. 2024 was ¥0.55.

Zhejiang Canaan Technology Cash per Share Historical Data

The historical data trend for Zhejiang Canaan Technology'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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Zhejiang Canaan Technology Cash per Share Chart

Zhejiang Canaan Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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0.68

0.74

0.98

0.78

0.59

Zhejiang Canaan Technology Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash per Share	Get a 7-Day Free Trial															0.62	0.59	0.46	0.60	0.55

Zhejiang Canaan Technology 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.

Zhejiang Canaan Technology'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)
	=	295.125	/	498
	=	0.59

Zhejiang Canaan Technology'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)
	=	273.018	/	498
	=	0.55

Zhejiang Canaan Technology (SZSE:300412) 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.

Zhejiang Canaan Technology Cash per Share Related Terms

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Zhejiang Canaan Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Canaan Technology Ltd (SZSE:300412) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

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Address

No. 1188, Jiangnan Avenue, Oubei Street, Yongjia County, Zhejiang Province, Wenzhou City, CHN, 325105

Website

https://www.china-jianan.com

Zhejiang Canaan Technology Ltd is a manufacturer of designing and processing equipment for solid dosage. The company's main business is pharmaceutical equipment, and it is a known domestic supplier of overall solutions for oral solid preparations in smart factories. The specific business segments can be subdivided into oral solid preparation equipment and smart factory business, biological and sterile preparation water equipment and liquid preparation system engineering business, smart logistics business, pharmaceutical R&D services, etc.

Executives

Zhou Zhen Dao	Director
Fang Zhi Yi	Director
Xu Hai Zhi	Executives
Chao Hu	Directors, executives, securities affairs represen
Wan Guo Hua	Executives
Liao Quan Hui	Executives
Chen Yong Xing	Directors, executives, securities affairs represen
Sun Guo Long	Director
Yang Dao Xiao	Supervisors

Zhejiang Canaan Technology Headlines

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