Tongwei Co (SHSE:600438) Marketable Securities: ¥8,796 Mil (As of Mar. 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600438 Tongwei Co Ltd SHSE:600438
66 GF Score
Price ¥13.49
GF Value ¥17.37
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Tongwei Co Marketable Securities?

Tongwei Co SHSE:600438 +5.06% 66 Marketable Securities is ¥8,796 Mil as of Mar. 2026. GuruFocus rates SHSE:600438 with a GF Score™ of 66/100 and a GF Value™ of ¥17.37 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Tongwei Co's Marketable Securities for the quarter that ended in Mar. 2026 was ¥8,796 Mil.

Tongwei Co's annual Marketable Securities increased from Dec. 2023 (¥10,064 Mil) to Dec. 2024 (¥12,869 Mil) and increased from Dec. 2024 (¥12,869 Mil) to Dec. 2025 (¥14,049 Mil).


Tongwei Co  (SHSE:600438) 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".


Tongwei Co Marketable Securities Related Terms


Tongwei Co Marketable Securities Historical Data

* Premium members only.

The historical data trend for Tongwei 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.

Tongwei Co Marketable Securities Chart

Tongwei Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.62 4,298.52 10,064.06 12,869.13 14,048.88

Tongwei Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 10,850.39 13,911.46 14,224.73 14,048.88 8,796.29
SHSE:600438
66GF Score
Tongwei Co Ltd SHSE:600438
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongwei Co 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 ¥8,796 Mil mean?
Tongwei Co (SHSE:600438) has a Marketable Securities of ¥8,796 Mil as of Mar. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Tongwei Co and its competitors.
Is Tongwei Co's Marketable Securities too high?
Tongwei Co's current Marketable Securities is ¥8,796 Mil. Overall, Tongwei Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tongwei Co's Marketable Securities compare to FSLR and NXT?
Tongwei Co's Marketable Securities of ¥8,796 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Marketable Securities depends on the Semiconductors 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 Tongwei Co and its competitors. Tongwei Co's current Marketable Securities is ¥8,796 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongwei Co stock overvalued right now?
Based on GuruFocus' analysis, Tongwei Co (SHSE:600438) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥17.37, compared to a current price of ¥13.49 — trading 22.3% below its estimated fair value. The current Marketable Securities is ¥8,796 Mil. Tongwei Co's overall GF Score™ is 66/100 with 8 warning signs to review. 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 Tongwei Co (SHSE:600438), the current Marketable Securities is ¥8,796 Mil as of Mar. 2026. 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.

Is Tongwei Co (SHSE:600438) Overvalued in 2026?

Based on GuruFocus' analysis, Tongwei Co stock appears to be undervalued. The current stock price of ¥13.49 is trading 22.3% below its estimated GF Value™ of ¥17.37. GuruFocus considers Tongwei Co to be Modestly Undervalued.

Key valuation signals for SHSE:600438:

  • Marketable Securities: ¥8,796 Mil
  • GF Value™: ¥17.37 vs. price of ¥13.49 (22.3% below fair value)
  • GF Score™: 66/100 with 8 warning signs

No single metric tells the full story. See the SHSE:600438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tongwei Co Business Description

Address No. 588, Middle Section Tianfu Avenue, High-Tech Zone, China (Sichuan) Pilot Free Trade Zone, Chengdu, CHN, 610041
Tongwei is the world's largest polysilicon producer and a leading solar cell and module supplier. The solar business contributed more than 60% of revenue in 2025. In addition, Tongwei runs a feed and food business, which made up 35% of revenue in 2025.
66GF Score

Get the complete analysis for SHSE:600438

Marketable Securities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥13.49
Price
¥17.37
GF Value