Dear all From the article entitled [利股东,兴本业]– LIIHEN(7089) 稳健成长,FY2016再创辉煌, I realized that there may be some inconsistency in calculation of net cash per unit of share. For 2014 Q3, Q4/2015 Q1, Q2: Net cash= Cash & Bank Balances - Total Borrowings But for 2015 Q3, Q4 and 2016 Q1: Net cash= Cash & Bank Balances + Fixed Deposits with licensed bank - Total borrowings Am I missing something? Please kindly shed some lights into this confusion as I dont have much experience in assessing quarter reports. Thanks in advance.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Abismail
651 posts
Posted by Abismail > 2016-07-18 13:43 | Report Abuse
Today got many news about liihen.....great