SEC Electric Machinery Co (SHSE:603988) Marketable Securities : ¥30.4 Mil (As of Sep. 2024)

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What is SEC Electric Machinery Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. SEC Electric Machinery Co's Marketable Securities for the quarter that ended in Sep. 2024 was ¥30.4 Mil.

SEC Electric Machinery Co's annual Marketable Securities declined from Dec. 2021 (¥100.3 Mil) to Dec. 2022 (¥50.4 Mil) but then increased from Dec. 2022 (¥50.4 Mil) to Dec. 2023 (¥62.3 Mil).

SEC Electric Machinery Co Marketable Securities Historical Data

The historical data trend for SEC Electric Machinery 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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SEC Electric Machinery Co Marketable Securities Chart

SEC Electric Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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82.31

223.32

100.30

50.36

62.32

SEC Electric Machinery Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Marketable Securities	Get a 7-Day Free Trial															39.44	62.32	46.58	40.55	30.36

SEC Electric Machinery Co Marketable Securities Calculation

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

SEC Electric Machinery Co (SHSE:603988) 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".

SEC Electric Machinery Co Marketable Securities Related Terms

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SEC Electric Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SEC Electric Machinery Co Ltd (SHSE:603988) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 777 East Gaolang Road, Binhu District, Jiangsu Provice, Wuxi, CHN

Website

http://www.sec-motor.com

SEC Electric Machinery Co Ltd is a China-based medium and large-scale motors manufacturer and exporter. Its product range includes direct current (DC) motors, slip ring alternating current (AC) motors, squirrel cage AC motors, synchronous motors, petroleum drilling motors, mine elevator motors, wind-driven generators, flameproof motor, short-circuit generator and turbo generators. It primarily caters its products and services to the metallurgy, thermal power, petrochemical, mining, building material production, paper converting and wind energy conversion industries. The company exports its products to the United States, Italy, Brazil, Russia, Turkey, Korea, South Africa, India, Kazakhstan, Thailand, Bangladesh, Vietnam, Nigeria, and Sudan.

Executives

Wang Jian Yu	Director
Wang Jian Kai	Director

SEC Electric Machinery Co Headlines

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