Jiangxi Geto New Materials (SZSE:300986) Marketable Securities : ¥247 Mil (As of Mar. 2024)

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What is Jiangxi Geto New Materials Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Jiangxi Geto New Materials's Marketable Securities for the quarter that ended in Mar. 2024 was ¥247 Mil.

Jiangxi Geto New Materials's annual Marketable Securities declined from Dec. 2021 (¥26 Mil) to Dec. 2022 (¥19 Mil) but then increased from Dec. 2022 (¥19 Mil) to Dec. 2023 (¥58 Mil).

Jiangxi Geto New Materials Marketable Securities Historical Data

The historical data trend for Jiangxi Geto New Materials'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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Jiangxi Geto New Materials Marketable Securities Chart

Jiangxi Geto New Materials Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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2.70

29.50

25.91

19.00

57.90

Jiangxi Geto New Materials 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															73.00	45.00	68.40	57.90	246.89

Jiangxi Geto New Materials Marketable Securities Calculation

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

Jiangxi Geto New Materials (SZSE:300986) 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".

Jiangxi Geto New Materials Marketable Securities Related Terms

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Jiangxi Geto New Materials (SZSE:300986) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jiangxi Geto New Materials Corp Ltd (SZSE:300986) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Guangchang Industrial Park, Guangchang County, Jiangxi Province, Fuzhou, CHN, 344900

Website

http://www.geto.com.cn

Jiangxi Geto New Materials Corp Ltd is engaged in the research and development, design, production, sales, lease and corresponding technical guidance of the architectural aluminum mold system. It focuses on aluminum molds, climbing frames, public buildings, and prefabricated building systems.

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