Lizhong Sitong Light Alloys Group Co (SZSE:300428) Marketable Securities : ¥21 Mil (As of Mar. 2024)

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What is Lizhong Sitong Light Alloys Group Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Lizhong Sitong Light Alloys Group Co's Marketable Securities for the quarter that ended in Mar. 2024 was ¥21 Mil.

Lizhong Sitong Light Alloys Group Co's annual Marketable Securities increased from Dec. 2021 (¥203 Mil) to Dec. 2022 (¥404 Mil) but then declined from Dec. 2022 (¥404 Mil) to Dec. 2023 (¥24 Mil).

Lizhong Sitong Light Alloys Group Co Marketable Securities Historical Data

The historical data trend for Lizhong Sitong Light Alloys Group 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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Lizhong Sitong Light Alloys Group Co Marketable Securities Chart

Lizhong Sitong Light Alloys Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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537.35

507.17

202.91

404.09

23.87

Lizhong Sitong Light Alloys Group 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															246.08	554.13	607.94	23.87	21.05

Lizhong Sitong Light Alloys Group Co Marketable Securities Calculation

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

Lizhong Sitong Light Alloys Group Co (SZSE:300428) 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".

Lizhong Sitong Light Alloys Group Co Marketable Securities Related Terms

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Lizhong Sitong Light Alloys Group Co (SZSE:300428) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lizhong Sitong Light Alloys Group Co Ltd (SZSE:300428) » Definitions » Marketable Securities

Traded in Other Exchanges

N/A

Address

No. 359, West Development Road, Qingyuan District, Baoding, CHN, 071100

Website

http://www.stnm.com.cn

Lizhong Sitong Light Alloys Group Co Ltd formerly Hebei Sitong New Metal Material Co Ltd is specialized in Research and Development, manufacturing and sales of functional intermediate alloys such as metal grain refinement, metallographic deterioration, element addition and metal purification. Its products include Aluminum base alloy, Magnesium based master alloy, Zinc-based intermediate alloy and Copper base alloy. Its main objective is to research and manufacture aluminum-based steel and aluminum-based copper materials, to promote the light weight of automobiles, rail transit, aerospace materials and the performance of electrical and electronic products.

Executives

Zang Yong Jian	Director
Zang Li Guo	Director
Zang Yong Yi	Director
Zang Yong Xing	Director
Wang Qing	Executives

Lizhong Sitong Light Alloys Group Co (SZSE:300428) Headlines

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