SUNH (Xuhang Holdings) Marketable Securities: $21.37 Mil (As of Dec. 2023)

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Director of Data and Quant Analytics at GuruFocus
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What is Xuhang Holdings Marketable Securities?

Xuhang Holdings SUNH Marketable Securities is $21.37 Mil as of Dec. 2023.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Xuhang Holdings's Marketable Securities for the quarter that ended in Dec. 2023 was $21.37 Mil.

Xuhang Holdings's annual Marketable Securities declined from Dec. 2021 ($1.26 Mil) to Dec. 2022 ($0.43 Mil) but then increased from Dec. 2022 ($0.43 Mil) to Dec. 2023 ($21.37 Mil).

Xuhang Holdings  (NAS:SUNH) 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".

Xuhang Holdings Marketable Securities Related Terms

Xuhang Holdings Marketable Securities Historical Data

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The historical data trend for Xuhang Holdings'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.

Xuhang Holdings Marketable Securities Chart

Xuhang Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Marketable Securities
0.00 1.26 0.43 21.37

Xuhang Holdings Quarterly Data
Dec20 Dec21 Sep22 Dec22 Sep23 Dec23
Marketable Securities Get a 7-Day Free Trial 1.26 5.18 0.43 0.10 21.37

Xuhang Holdings 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 $21.37 Mil mean?
Xuhang Holdings (SUNH) has a Marketable Securities of $21.37 Mil as of Dec. 2023. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Xuhang Holdings and its competitors.
Is Xuhang Holdings' Marketable Securities too high?
Xuhang Holdings' current Marketable Securities is $21.37 Mil.
How does Xuhang Holdings' Marketable Securities compare to ?
Xuhang Holdings' Marketable Securities of $21.37 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Marketable Securities depends on the Media - Diversified 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 Xuhang Holdings and its competitors. Xuhang Holdings's current Marketable Securities is $21.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xuhang Holdings stock overvalued right now?
Xuhang Holdings (SUNH) has a current Marketable Securities of $21.37 Mil. The current Marketable Securities is $21.37 Mil. 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 Xuhang Holdings (SUNH), the current Marketable Securities is $21.37 Mil as of Dec. 2023. 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.

Xuhang Holdings Business Description

Comparable Companies
Address 198 Shenban Road, Building 2, Shangtanghe 198 Cultural and Creative Park, Gongshu District, Zhejiang Province, Hangzhou, CHN, 310000
Xuhang Holdings Ltd is principally engaged in new media-integrated content marketing services and digital advertising services through its subsidiaries. It offers services such as creative marketing services, online-offline-linkage marketing activity services, live-streaming services and digital product services. Also, Xuhang provides online traffic services to large internet media platforms by generating or directing user traffic to those media platforms through editing and producing captivating short videos.