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Ningbo TIP Rubber Technology Co (SHSE:605255) Marketable Securities : ¥85.3 Mil (As of Mar. 2024)


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What is Ningbo TIP Rubber Technology Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Ningbo TIP Rubber Technology Co's Marketable Securities for the quarter that ended in Mar. 2024 was ¥85.3 Mil.

Ningbo TIP Rubber Technology Co's annual Marketable Securities declined from Dec. 2021 (¥166.0 Mil) to Dec. 2022 (¥83.5 Mil) but then increased from Dec. 2022 (¥83.5 Mil) to Dec. 2023 (¥98.7 Mil).


Ningbo TIP Rubber Technology Co Marketable Securities Historical Data

The historical data trend for Ningbo TIP Rubber Technology 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.

* Premium members only.

Ningbo TIP Rubber Technology Co Marketable Securities Chart

Ningbo TIP Rubber Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Marketable Securities
Get a 7-Day Free Trial 22.80 191.36 165.98 83.53 98.72

Ningbo TIP Rubber Technology 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 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 80.69 40.76 60.72 98.72 85.32

Ningbo TIP Rubber Technology Co Marketable Securities Calculation

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


Ningbo TIP Rubber Technology Co  (SHSE:605255) 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".


Ningbo TIP Rubber Technology Co Marketable Securities Related Terms

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Ningbo TIP Rubber Technology Co (SHSE:605255) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Jinlong Road, Taoyuan Street, Ninghai County, Zhejiang Province, Ningbo, CHN, 315600
Ningbo TIP Rubber Technology Co Ltd is engaged in production and sales of automotive polymer fluid piping system and sealing system parts and assemblies. The company's products include Water hose; Fuel hose; Moulded part; Assembly; Rubber compound; metal processing / plastic part; and Hydraulic hose.

Ningbo TIP Rubber Technology Co (SHSE:605255) Headlines

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