VALV (Shengkai Innovations) Cash per Share : $3.85 (As of Mar. 2013)

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What is Shengkai Innovations Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Shengkai Innovations's Cash per Share for the quarter that ended in Mar. 2013 was $3.85.

Shengkai Innovations Cash per Share Historical Data

The historical data trend for Shengkai Innovations'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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Shengkai Innovations Cash per Share Chart

Shengkai Innovations Annual Data

Trend

Dec05

Dec06

Dec07

Jun08

Jun09

Jun10

Jun11

Jun12

Cash per Share

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29.09

3.49

1.81

4.02

3.77

Shengkai Innovations Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13
Cash per Share	Get a 7-Day Free Trial															4.18	3.77	3.88	3.78	3.85

Shengkai Innovations 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.

Shengkai Innovations's Cash per Share for the fiscal year that ended in Jun. 2012 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	64.82	/	17.20
	=	3.77

Shengkai Innovations's Cash per Share for the quarter that ended in Mar. 2013 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	66.272	/	17.20
	=	3.85

Shengkai Innovations (OTCPK:VALV) 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.

Shengkai Innovations Cash per Share Related Terms

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Shengkai Innovations Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Shengkai Innovations Inc (OTCPK:VALV) » Definitions » Cash per Share

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Address

No.106, Zhonghuan South Road, Airport Industrial Park, Tianjin, CHN, 300308

Website

http://www.shengkaiinnovations.com

Shengkai Innovations Inc is a ceramic valve manufacturer with operations in the People's Republic of China.

Executives

Ming He	officer: Chief Financial Officer	NO. 106 ZHONGHUAN SOUTH ROAD, AIRPORT INDUSTRIAL PARK, TIANJIN F4 300308
Martin A. Sumichrast	10 percent owner	11125 COLONIAL COUNTRY LANE, CHARLOTTE NC 28277

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