Wuxi AppTec Co (FRA:WX8) Marketable Securities : ¥503 Mil (As of Mar. 2024)

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What is Wuxi AppTec Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Wuxi AppTec Co's Marketable Securities for the quarter that ended in Mar. 2024 was ¥503 Mil.

Wuxi AppTec Co's annual Marketable Securities declined from Dec. 2021 (¥527 Mil) to Dec. 2022 (¥2 Mil) but then increased from Dec. 2022 (¥2 Mil) to Dec. 2023 (¥11 Mil).

Wuxi AppTec Co Marketable Securities Historical Data

The historical data trend for Wuxi AppTec Co'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.

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Wuxi AppTec Co Marketable Securities Chart

Wuxi AppTec Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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1,701.64

4,617.73

527.29

2.00

11.00

Wuxi AppTec Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Marketable Securities	Get a 7-Day Free Trial															80.73	81.61	3,210.07	11.00	503.07

Wuxi AppTec Co Marketable Securities Calculation

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

Wuxi AppTec Co (FRA:WX8) 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".

Wuxi AppTec Co Marketable Securities Related Terms

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Wuxi AppTec Co (FRA:WX8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Wuxi AppTec Co Ltd (FRA:WX8) » Definitions » Marketable Securities

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Traded in Other Exchanges

WUXIF:USA WUXAY:USA 02359:Hong Kong 603259:China

Address

288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Shanghai, CHN, 200131

Website

https://www.wuxiapptec.com

Wuxi AppTec Co Ltd provides a portfolio of research and manufacturing services through the discovery, development, and manufacturing spectrum for small-molecule drugs, cell therapies, and gene therapies as well as providing testing services for medical devices. Its segments comprise China-based laboratory services; U.S.-based laboratory services; Clinical research and other CRO services; CDMO services; and Others. The majority of revenue gets derived from China-based laboratory services that include small molecules discovery, such as synthetic chemistry, medicinal chemistry, analytical chemistry, biology, drug metabolism and pharmacokinetics (DMPK)/absorption, distribution, metabolism, and excretion (ADME), toxicology and bioanalytical services.

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