Shareate Tools Ltd.

Shanghai Stock Exchange 688257.SS

Shareate Tools Ltd. Cash and Short-Term Investments for the year ending December 31, 2023: USD 103.08 M

Shareate Tools Ltd. Cash and Short-Term Investments is USD 103.08 M for the year ending December 31, 2023, a 81.58% change year over year. Cash and short-term investments are the sum of cash and short-term investments, representing the company's liquid assets.
  • Shareate Tools Ltd. Cash and Short-Term Investments for the year ending December 31, 2022 was USD 56.77 M, a -58.95% change year over year.
  • Shareate Tools Ltd. Cash and Short-Term Investments for the year ending December 31, 2021 was USD 138.27 M, a 719.89% change year over year.
  • Shareate Tools Ltd. Cash and Short-Term Investments for the year ending December 31, 2020 was USD 16.86 M, a 5.67% change year over year.
  • Shareate Tools Ltd. Cash and Short-Term Investments for the year ending December 31, 2019 was USD 15.96 M, a 16.76% change year over year.
Key data
Date Cash and Short-Term Investments Receivables Inventory Goodwill
Market news
SV Wall Street
Shanghai Stock Exchange: 688257.SS

Shareate Tools Ltd.

CEO Mr. Hehong Wu
IPO Date Oct. 27, 2021
Location China
Headquarters No.6 Weixi Road
Employees 1,540
Sector Energy
Industries
Drilling Mining
Description

Shareate Tools Ltd. manufactures and sells cemented carbide products and drilling tools in China. The company offers rock drill tools, including rotary tricone bits, tri-cone drill bits, water well bits, down-the-hole (DTH) hammers, and DTH hammer bits; mining tungsten carbide products, including tungsten carbide insert, carbide substrate, shield machine tool, coal cutter pick, and tungsten carbide tubular electrode; precision components; cutting tools; tungsten carbide die products, such as carbide plates, cold headings, hobs, and powder metallurgy dies; and cermet products. It serves mining, oil drilling, metal cutting, petroleum, aerospace, electronics, shipbuilding, chemical, textile, machinery manufacturing, and other industries. The company exports its products to South America, Africa, Australia, Russia, South Korea, the United States, Canada, and other countries. The company was formerly known as Kingdream Shareate Tools Ltd. and changed its name to Shareate Tools Ltd. in May 2012. Shareate Tools Ltd. was founded in 1973 and is based in Suzhou, China.

StockViz Staff

January 31, 2025

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