Sino Grandness Food Industry Group (FRA:JSO1) Marketable Securities: €2.1 Mil (As of Dec. 2023)

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What is Sino Grandness Food Industry Group Marketable Securities?

Sino Grandness Food Industry Group FRA:JSO1 Marketable Securities is €2.1 Mil as of Dec. 2023.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Sino Grandness Food Industry Group's Marketable Securities for the quarter that ended in Dec. 2023 was €2.1 Mil.

Sino Grandness Food Industry Group's annual Marketable Securities increased from Dec. 2021 (€0.0 Mil) to Dec. 2022 (€2.6 Mil) but then declined from Dec. 2022 (€2.6 Mil) to Dec. 2023 (€2.1 Mil).

Sino Grandness Food Industry Group  (FRA:JSO1) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Sino Grandness Food Industry Group Marketable Securities Related Terms

Sino Grandness Food Industry Group Marketable Securities Historical Data

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The historical data trend for Sino Grandness Food Industry Group's Marketable Securities 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.

Sino Grandness Food Industry Group Marketable Securities Chart

Sino Grandness Food Industry Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 2.57 2.06

Sino Grandness Food Industry Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Dec23
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 2.57 2.06

Sino Grandness Food Industry Group Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of €2.1 Mil mean?
Sino Grandness Food Industry Group (FRA:JSO1) has a Marketable Securities of €2.1 Mil as of Dec. 2023. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Sino Grandness Food Industry Group and its competitors.
Is Sino Grandness Food Industry Group's Marketable Securities too high?
Sino Grandness Food Industry Group's current Marketable Securities is €2.1 Mil.
How does Sino Grandness Food Industry Group's Marketable Securities compare to KHC and GIS?
Sino Grandness Food Industry Group's Marketable Securities of €2.1 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Marketable Securities for a Consumer Packaged Goods company?
A good Marketable Securities depends on the Consumer Packaged Goods industry context. However, Marketable Securities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Sino Grandness Food Industry Group and its competitors. Sino Grandness Food Industry Group's current Marketable Securities is €2.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Grandness Food Industry Group stock overvalued right now?
Sino Grandness Food Industry Group (FRA:JSO1) has a current Marketable Securities of €2.1 Mil. The current Marketable Securities is €2.1 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Sino Grandness Food Industry Group (FRA:JSO1), the current Marketable Securities is €2.1 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sino Grandness Food Industry Group Business Description

Address No. 1 Gaoxin South 7th Road, Unit 2302, Yuemeite Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518063
Sino Grandness Food Industry Group Ltd is an investment holding company. Its operating segments include the Grandness segment includes the Manufacturing and sale of canned vegetables and canned fruits and the Garden Fresh segment includes sales of fruit juices and Fruit beverages. It generates maximum revenue from the Garden Fresh segment of Fruit beverages. Geographically, it derives a majority of its revenue from the People's Republic of China and also has a presence in Europe, North America, South America, and Other Countries. Some of its products include mandarin orange, litchi, pear, pineapple, yellow peach, Loquat juice, and others.