ANTA Sports Products (HKSE:02020) Cash And Cash Equivalents : HK$12,161 Mil (As of Dec. 2024)

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What is ANTA Sports Products Cash And Cash Equivalents?

ANTA Sports Products's quarterly cash and cash equivalents declined from Dec. 2023 (HK$16,656.07 Mil) to Jun. 2024 (HK$9,801.93 Mil) but then increased from Jun. 2024 (HK$9,801.93 Mil) to Dec. 2024 (HK$12,160.79 Mil).

ANTA Sports Products's annual cash and cash equivalents declined from Dec. 2022 (HK$19,406.27 Mil) to Dec. 2023 (HK$16,656.07 Mil) and declined from Dec. 2023 (HK$16,656.07 Mil) to Dec. 2024 (HK$12,160.79 Mil).

ANTA Sports Products Cash And Cash Equivalents Historical Data

The historical data trend for ANTA Sports Products'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.

* Premium members only.

ANTA Sports Products Cash And Cash Equivalents Chart

ANTA Sports Products Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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18,164.39

21,540.83

19,406.27

16,656.07

12,160.79

ANTA Sports Products Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															19,406.27	28,251.26	16,656.07	9,801.93	12,160.79

ANTA Sports Products 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.

ANTA Sports Products (HKSE:02020) 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.

ANTA Sports Products Cash And Cash Equivalents Related Terms

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ANTA Sports Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ANTA Sports Products Ltd (HKSE:02020) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ANPDY:USA ANPDF:USA ANTA:Mexico AS7:Germany

Address

Anta Headquarters Building, Dongshan Industrial Zone, Chidian Town, Fujian Province, Jinjiang, CHN, 362212

Website

https://www.anta.com

Anta Sports is a leading Chinese sportswear company. The company designs, manufactures, and markets sportswear, footwear, and accessories, spanning from value-driven offerings to premium segments. Beyond their core Anta brand, the business operate a multi-brand portfolio including Fila (China), Descente (China), Kolon (China), and holds a major stake in Amer Sports, parent company to globally recognized brands like Salomon, Arc'teryx, and Wilson. This diverse portfolio allows Anta to cater to a broad spectrum of consumers, from professional athletes to athleisure enthusiasts.

Executives

Ding Shizhong
Hsbc International Trustee Limited	2301 Trustee
Ding Shijia
Anda Holdings International Limited
Lang Jun Yuan Dong You Xian Gong Si
Zhi Tao Tou Zi You Xian Gong Si
An Ta Guo Ji Ji Tuan Kong Gu You Xian Gong Si

ANTA Sports Products Headlines

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