Luzhou Laojiao Co (SZSE:000568) Marketable Securities : ¥1,284 Mil (As of Mar. 2024)

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What is Luzhou Laojiao Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Luzhou Laojiao Co's Marketable Securities for the quarter that ended in Mar. 2024 was ¥1,284 Mil.

Luzhou Laojiao Co's annual Marketable Securities increased from Dec. 2021 (¥706 Mil) to Dec. 2022 (¥1,073 Mil) and increased from Dec. 2022 (¥1,073 Mil) to Dec. 2023 (¥1,427 Mil).

Luzhou Laojiao Co Marketable Securities Historical Data

The historical data trend for Luzhou Laojiao Co'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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Luzhou Laojiao Co Marketable Securities Chart

Luzhou Laojiao Co Annual Data

Trend

Dec14

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Dec19

Dec20

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Dec22

Dec23

Marketable Securities

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706.35

1,073.47

1,426.99

Luzhou Laojiao Co 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															994.73	200.06	1,109.47	1,426.99	1,283.69

Luzhou Laojiao Co Marketable Securities Calculation

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

Luzhou Laojiao Co (SZSE:000568) 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".

Luzhou Laojiao Co Marketable Securities Related Terms

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Luzhou Laojiao Co (SZSE:000568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Luzhou Laojiao Co Ltd (SZSE:000568) » Definitions » Marketable Securities

Traded in Other Exchanges

N/A

Address

Nanguang road, Luzhou Laojiao Marketing Network Command Center, Longmatan District, Sichuan Province, Luzhou, CHN, 646000

Website

https://www.lzlj.com

Luzhou Laojiao, or Laojiao, is one of China's leading premium baijiu producers. Its primary product, National Cellar 1573, is widely known as one of the best rich-flavored baijiu in the market, which together with Feitian Moutai and flagship Wuliangye are the top three premium products that dominate more than 90% of the high-end baijiu market. The high-quality products, extensive history, and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins. The State-Owned Assets Supervision and Administration Commission of Luzhou City controls 46% of Luzhou Laojiao.

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