Shanghai Suochen Information Technology Co (SHSE:688507) Net Issuance of Preferred Stock : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Shanghai Suochen Information Technology Co Net Issuance of Preferred Stock?

A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares.

Shanghai Suochen Information Technology Co's net issuance of preferred for the three months ended in Mar. 2024 was ¥0.0 Mil. The number is 0, which means that Shanghai Suochen Information Technology Co has paid equal amouunt of cash to buy back preferred shares to the amount it received for issuing preferred shares quarterly.

Shanghai Suochen Information Technology Co's net issuance of preferred for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.0 Mil.

Shanghai Suochen Information Technology Co Net Issuance of Preferred Stock Historical Data

The historical data trend for Shanghai Suochen Information Technology Co's Net Issuance of Preferred Stock 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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Shanghai Suochen Information Technology Co Net Issuance of Preferred Stock Chart

Shanghai Suochen Information Technology Co Annual Data

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Net Issuance of Preferred Stock

Shanghai Suochen Information Technology Co Quarterly Data
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Shanghai Suochen Information Technology Co Net Issuance of Preferred Stock Calculation

A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

Net Issuance of Preferred Stock for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

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Shanghai Suochen Information Technology Co (SHSE:688507) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Shanghai Suochen Information Technology Co Ltd (SHSE:688507) » Definitions » Net Issuance of Preferred Stock

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Address

No. 27, Xinjinqiao Road, 2F, Building No. 13, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201206

Website

http://www.demxs.com

Shanghai Suochen Information Technology Co Ltd takes simulation to lead the future, achieve customer innovation as its corporate vision, and develops engineering simulation software and related solutions independently. Suochen Technology is a high-tech enterprise focusing on CAE software R&D, sales and service. Computer Aided Engineering (CAE) refers to the use of computer software to simulate the working status and behavior of products/engineering projects based on physical models in the product/engineering design stage to predict their functional availability, reliability, efficiency and safety. performance, etc., to achieve product/engineering design optimization, to ensure that the product/project achieves the expected function and meets various performance indicators.

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