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Shanghai Suochen Information Technology Co (SHSE:688507) Short-Term Debt : ¥8.7 Mil (As of Mar. 2024)


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What is Shanghai Suochen Information Technology Co Short-Term Debt?

Shanghai Suochen Information Technology Co's Short-Term Debt for the quarter that ended in Mar. 2024 was ¥8.7 Mil.

Shanghai Suochen Information Technology Co's quarterly Short-Term Debt increased from Sep. 2023 (¥7.1 Mil) to Dec. 2023 (¥8.4 Mil) and increased from Dec. 2023 (¥8.4 Mil) to Mar. 2024 (¥8.7 Mil).

Shanghai Suochen Information Technology Co's annual Short-Term Debt increased from Dec. 2021 (¥35.5 Mil) to Dec. 2022 (¥47.3 Mil) but then declined from Dec. 2022 (¥47.3 Mil) to Dec. 2023 (¥8.4 Mil).


Shanghai Suochen Information Technology Co Short-Term Debt Historical Data

The historical data trend for Shanghai Suochen Information Technology Co's Short-Term Debt 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 Short-Term Debt Chart

Shanghai Suochen Information Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Short-Term Debt
3.83 40.93 35.55 47.33 8.40

Shanghai Suochen Information Technology Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Short-Term Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.11 2.89 7.05 8.40 8.65

Shanghai Suochen Information Technology Co Short-Term Debt Explanation

Short-Term Debt represents the total amount of Long-Term Debt such as bank loans and commercial paper, which is due within one year.


Shanghai Suochen Information Technology Co Short-Term Debt Related Terms

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

Traded in Other Exchanges
N/A
Address
No. 27, Xinjinqiao Road, 2F, Building No. 13, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201206
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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