Starlite Holdings (HKSE:00403) Cash And Cash Equivalents : HK$238.0 Mil (As of Sep. 2023)

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What is Starlite Holdings Cash And Cash Equivalents?

Starlite Holdings's quarterly cash and cash equivalents declined from Sep. 2022 (HK$252.96 Mil) to Mar. 2023 (HK$243.02 Mil) but then stayed the same from Mar. 2023 (HK$243.02 Mil) to Sep. 2023 (HK$237.99 Mil).

Starlite Holdings's annual cash and cash equivalents increased from Mar. 2021 (HK$275.05 Mil) to Mar. 2022 (HK$285.42 Mil) but then declined from Mar. 2022 (HK$285.42 Mil) to Mar. 2023 (HK$243.02 Mil).

Starlite Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Starlite Holdings's Cash And Cash Equivalents 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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Starlite Holdings Cash And Cash Equivalents Chart

Starlite Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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249.98

232.20

275.05

285.42

243.02

Starlite Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															353.10	285.42	252.96	243.02	237.99

Starlite Holdings Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Starlite Holdings (HKSE:00403) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Starlite Holdings Cash And Cash Equivalents Related Terms

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Starlite Holdings (HKSE:00403) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Starlite Holdings Ltd (HKSE:00403) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Tai Yau Street, 3rd Floor, Perfect Industrial Building, Sanpokong, Kowloon, Hong Kong, HKG

Website

http://www.hkstarlite.com

Starlite Holdings Ltd is an investment holding company engaged in the printing and manufacturing of packaging materials, labels, and paper products, including environmental-friendly paper products. The group considers business segments from a geographical perspective being the location of factory plants including Southern China, Eastern China, and South East Asia, of which a majority of revenue is derived from Southern China.

Executives

Yeung Chui
Lam Kwong Yu
Wu Lam Li

Starlite Holdings (HKSE:00403) Headlines

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