Qingdao Rural Commercial Bank (SZSE:002958) Cash per Share : ¥7.18 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Qingdao Rural Commercial Bank Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Qingdao Rural Commercial Bank's Cash per Share for the quarter that ended in Mar. 2024 was ¥7.18.

Qingdao Rural Commercial Bank Cash per Share Historical Data

The historical data trend for Qingdao Rural Commercial Bank's Cash per Share 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.

Qingdao Rural Commercial Bank Cash per Share Chart

Qingdao Rural Commercial Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

Get a 7-Day Free Trial

7.09

7.29

7.74

7.12

7.01

Qingdao Rural Commercial Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash per Share	Get a 7-Day Free Trial															8.02	7.70	7.11	7.01	7.18

Qingdao Rural Commercial Bank Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Qingdao Rural Commercial Bank's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	38928.345	/	5,556
	=	7.01

Qingdao Rural Commercial Bank's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	39872.922	/	5,556
	=	7.18

Qingdao Rural Commercial Bank (SZSE:002958) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Qingdao Rural Commercial Bank Cash per Share Related Terms

Thank you for viewing the detailed overview of Qingdao Rural Commercial Bank's Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Qingdao Rural Commercial Bank (SZSE:002958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Qingdao Rural Commercial Bank Corp (SZSE:002958) » Definitions » Cash per Share

Traded in Other Exchanges

N/A

Address

No. 6, Qinling Road, Building 1, Laoshan District, Qingdao, Shandong, CHN, 266061

Website

http://www.qrcb.com.cn

Qingdao Rural Commercial Bank Corp provides commercial financial services. The company's services include personal business, international business, internet banking, and financial management.

Executives

Liu Zhong Sheng	Director
Li Chun Lei	Executives
Jiang Xiu Juan	Executives
Wang Jian Hua	Executives
Jiang Wei	Executives
Yuan Wen Bo	Executives
Liu Bing Bing	Director
Fan Yuan Zhao	Executives
Jia Cheng Gang	Directors, executives
Sui Gong Xin	Secretary Dong
Liu Zong Bo	Directors, executives
Ding Ming Lai	Executives
Li Qing Xiang	Supervisors

Qingdao Rural Commercial Bank (SZSE:002958) Headlines

No Headlines