Star Shine Holdings Group (HKSE:01440) Cash And Cash Equivalents : HK$247.6 Mil (As of Dec. 2024)

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What is Star Shine Holdings Group Cash And Cash Equivalents?

Star Shine Holdings Group's quarterly cash and cash equivalents declined from Dec. 2023 (HK$294.20 Mil) to Jun. 2024 (HK$228.61 Mil) but then increased from Jun. 2024 (HK$228.61 Mil) to Dec. 2024 (HK$247.64 Mil).

Star Shine Holdings Group's annual cash and cash equivalents increased from Dec. 2022 (HK$209.84 Mil) to Dec. 2023 (HK$294.20 Mil) but then declined from Dec. 2023 (HK$294.20 Mil) to Dec. 2024 (HK$247.64 Mil).

Star Shine Holdings Group Cash And Cash Equivalents Historical Data

The historical data trend for Star Shine Holdings Group'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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Star Shine Holdings Group Cash And Cash Equivalents Chart

Star Shine Holdings Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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129.79

223.21

209.84

294.20

247.64

Star Shine Holdings Group Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial									209.84	211.55	294.20	228.61	247.64

Star Shine Holdings Group 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.

Star Shine Holdings Group (HKSE:01440) 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.

Star Shine Holdings Group Cash And Cash Equivalents Related Terms

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Star Shine Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Star Shine Holdings Group Ltd (HKSE:01440) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3888, Chigang Hanxin Road, Jiangkou Town, Hanjiang District, Fujian, Putian, CHN

Website

http://www.ds-lace.com

Star Shine Holdings Group Ltd is an investment holding company. It is engaged in the manufacturing of lace and the provision of dyeing services and the sales of footwear products to its customers. It derives revenue from the provision of dyeing services which involves the provision of dyeing services of lace and swim-wear fabrics based on customers' orders. Also in footwear business, including design, research and development, sourcing, merchandising, quality control and sales of shoes. It derives key revenue from the PRC.

Executives

Glorious Way Investments Limited	2101 Beneficial owner
Tsoi Wing Sing	2201 Interest of corporation controlled by you
Wu Chou Har	2202 Interest of your spouse
Deyong Investment Co., Ltd	2101 Beneficial owner
Jiang Yanyun	2202 Interest of your spouse
Lin Bingzhong	2103 Interests held jointly with another person
Lin Chaowei	2103 Interests held jointly with another person
Lin Chaowen	2103 Interests held jointly with another person
Lin Minqiang	2103 Interests held jointly with another person
Lin Yueyun	2202 Interest of your spouse
Lin Yunzhen	2202 Interest of your spouse
Zheng Xiuqin	2202 Interest of your spouse
Lin Chao Ji	2103 Interests held jointly with another person
Lin Ai Mei	2202 Interest of your spouse

Star Shine Holdings Group Headlines

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