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SBT Ultrasonic Technology Co (SHSE:688392) Marketable Securities : ¥516.2 Mil (As of Mar. 2024)


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What is SBT Ultrasonic Technology Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. SBT Ultrasonic Technology Co's Marketable Securities for the quarter that ended in Mar. 2024 was ¥516.2 Mil.

SBT Ultrasonic Technology Co's annual Marketable Securities increased from Dec. 2021 (¥50.9 Mil) to Dec. 2022 (¥563.3 Mil) but then declined from Dec. 2022 (¥563.3 Mil) to Dec. 2023 (¥266.6 Mil).


SBT Ultrasonic Technology Co Marketable Securities Historical Data

The historical data trend for SBT Ultrasonic 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.

SBT Ultrasonic Technology Co Marketable Securities Chart

SBT Ultrasonic Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Marketable Securities
Get a 7-Day Free Trial - 8.05 50.92 563.32 266.55

SBT Ultrasonic Technology Co Quarterly Data
Dec18 Dec19 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 799.01 586.80 806.68 266.55 516.23

SBT Ultrasonic Technology Co Marketable Securities Calculation

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


SBT Ultrasonic Technology Co  (SHSE:688392) 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".


SBT Ultrasonic Technology Co Marketable Securities Related Terms

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SBT Ultrasonic Technology Co (SHSE:688392) Business Description

Traded in Other Exchanges
N/A
Address
No. 1488, Cangyuan Road, 3rd Floor, Building 2, Minhang District, Shanghai, CHN, 201100
SBT Ultrasonic Technology Co Ltd is engaged in the research and development, design, manufacture, sales and after-sales service of ultrasonic welding, cutting system application products, online testing and automation products. The company's equipment is widely used in lithium batteries, wiring harnesses, 3C, semiconductor IGBT power modules, rubber tires, food, pharmaceutical, plastic packaging and other fields.

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