MeiG Smart Technology Co (SZSE:002881) Ending Cash Position : ¥487 Mil (As of Mar. 2024)

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What is MeiG Smart Technology Co Ending Cash Position?

MeiG Smart Technology Co's Ending Cash Position for the quarter that ended in Mar. 2024 was ¥487 Mil.

MeiG Smart Technology Co's quarterly Ending Cash Position declined from Sep. 2023 (¥248 Mil) to Dec. 2023 (¥139 Mil) but then increased from Dec. 2023 (¥139 Mil) to Mar. 2024 (¥487 Mil).

MeiG Smart Technology Co's annual Ending Cash Position declined from Dec. 2021 (¥173 Mil) to Dec. 2022 (¥72 Mil) but then increased from Dec. 2022 (¥72 Mil) to Dec. 2023 (¥139 Mil).

MeiG Smart Technology Co Ending Cash Position Historical Data

The historical data trend for MeiG Smart Technology Co's Ending Cash Position 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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MeiG Smart Technology Co Ending Cash Position Chart

MeiG Smart Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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149.52

203.82

173.09

72.29

138.93

MeiG Smart Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial															655.15	350.02	248.43	138.93	486.62

MeiG Smart Technology Co Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

MeiG Smart Technology Co's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	72.286	+	66.64
	=	139

MeiG Smart Technology Co's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	138.927	+	347.693
	=	487

MeiG Smart Technology Co Ending Cash Position Related Terms

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MeiG Smart Technology Co (SZSE:002881) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MeiG Smart Technology Co Ltd (SZSE:002881) » Definitions » Ending Cash Position

Traded in Other Exchanges

N/A

Address

No.5 Lingxia Road, Fenghuang Fourth Industrial Zone, Fuyong Street, Baoan District, No.1, 2nd Floor, 3rd Floor, Building A, Building B, Guangdong Province, Shenzhen, CHN, 518103

Website

http://www.meigsmart.com

MeiG Smart Technology Co Ltd is the communications equipment manufacturing company. Its core business is the development and production of IoT smart terminals, wireless communication modules (M2M) and intelligent hardware as well as precision mold development and production and sales of precision components. The company's IoT smart terminals, LTE module products and wireless data solutions applied in the fields of mobile payment, car networking, security, industrial routing, consumer electronics, smart power, smart meter reading, intelligent terminals, and item tracking. application.

Executives

Ning Huan	Supervisors
Ning Jian	Supervisors
Chen Yue Liang	Secretary, Director

MeiG Smart Technology Co (SZSE:002881) Headlines

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