TPSRF (Topsports International Holdings) Beginning Cash Position: $368 Mil (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPSRF Topsports International Holdings Ltd TPSRF
40 GF Score
Price $0.21
GF Value $0.35
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Topsports International Holdings Beginning Cash Position?

Topsports International Holdings TPSRF 40 Beginning Cash Position is $368 Mil as of Feb. 2026. GuruFocus rates TPSRF with a GF Score™ of 40/100 and a GF Value™ of $0.35 (Possible Value Trap). The stock has 5 warning signs investors should review.

Topsports International Holdings's Beginning Cash Position for the quarter that ended in Feb. 2026 was $368 Mil.

Topsports International Holdings's quarterly Beginning Cash Position declined from Feb. 2025 ($390 Mil) to Aug. 2025 ($361 Mil) but then increased from Aug. 2025 ($361 Mil) to Feb. 2026 ($368 Mil).

Topsports International Holdings's annual Beginning Cash Position declined from Feb. 2024 ($328 Mil) to Feb. 2025 ($269 Mil) but then increased from Feb. 2025 ($269 Mil) to Feb. 2026 ($375 Mil).

Topsports International Holdings Beginning Cash Position Related Terms

Topsports International Holdings Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Topsports International Holdings's Beginning Cash Position 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.

Topsports International Holdings Beginning Cash Position Chart

Topsports International Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 193.71 256.30 327.71 268.93 374.64

Topsports International Holdings Semi-Annual Data
Feb17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 437.65 273.66 390.41 360.73 367.50
TPSRF
40GF Score
Topsports International Holdings Ltd TPSRF
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Topsports International Holdings Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $368 Mil mean?
Topsports International Holdings (TPSRF) has a Beginning Cash Position of $368 Mil as of Feb. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Topsports International Holdings and its competitors.
Is Topsports International Holdings' Beginning Cash Position too high?
Topsports International Holdings' current Beginning Cash Position is $368 Mil. Overall, Topsports International Holdings has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Topsports International Holdings' Beginning Cash Position compare to TJX and ROST?
Topsports International Holdings' Beginning Cash Position of $368 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Retail - Cyclical company?
A good Beginning Cash Position depends on the Retail - Cyclical industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Topsports International Holdings and its competitors. Topsports International Holdings's current Beginning Cash Position is $368 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topsports International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Topsports International Holdings (TPSRF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.35, compared to a current price of $0.21 — trading 40.6% below its estimated fair value. The current Beginning Cash Position is $368 Mil. Topsports International Holdings' overall GF Score™ is 40/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Topsports International Holdings (TPSRF), the current Beginning Cash Position is $368 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Topsports International Holdings (TPSRF) Overvalued in 2026?

Based on GuruFocus' analysis, Topsports International Holdings stock appears to be undervalued. The current stock price of $0.21 is trading 40.6% below its estimated GF Value™ of $0.35. GuruFocus considers Topsports International Holdings to be Possible Value Trap.

Key valuation signals for TPSRF:

  • Beginning Cash Position: $368 Mil
  • GF Value™: $0.35 vs. price of $0.21 (40.6% below fair value)
  • GF Score™: 40/100 with 5 warning signs

No single metric tells the full story. See the TPSRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Topsports International Holdings Business Description

Other Exchanges 06110:Hong Kong
Address 30-34 Kwai Wing Road, M1, 6th Floor, The Edge, Kwai Chung, Kowloon, New Territories, Hong Kong, HKG
Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers. The firm operates more than 4,000 stores directly as of the end of fiscal 2026, and most of these single-brand stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. Topsports also has partnerships with sportswear brands such as Puma, Li-Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.
40GF Score

Get the complete analysis for TPSRF

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.21
Price
$0.35
GF Value