SenseTime Group (HKSE:00020) Cash And Cash Equivalents : HK$10,307 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is SenseTime Group Cash And Cash Equivalents?

SenseTime Group's quarterly cash and cash equivalents declined from Dec. 2022 (HK$8,892.19 Mil) to Jun. 2023 (HK$7,823.83 Mil) but then increased from Jun. 2023 (HK$7,823.83 Mil) to Dec. 2023 (HK$10,307.22 Mil).

SenseTime Group's annual cash and cash equivalents declined from Dec. 2021 (HK$20,239.84 Mil) to Dec. 2022 (HK$8,892.19 Mil) but then increased from Dec. 2022 (HK$8,892.19 Mil) to Dec. 2023 (HK$10,307.22 Mil).

SenseTime Group Cash And Cash Equivalents Historical Data

The historical data trend for SenseTime 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.

* Premium members only.

SenseTime Group Cash And Cash Equivalents Chart

SenseTime Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

7,425.29

13,546.97

20,239.84

8,892.19

10,307.22

SenseTime Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial					20,239.84	12,159.94	8,892.19	7,823.83	10,307.22

SenseTime 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.

SenseTime Group (HKSE:00020) 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.

SenseTime Group Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of SenseTime Group's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

SenseTime Group (HKSE:00020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SenseTime Group Inc (HKSE:00020) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SNTMF:USA

Address

No. 1900 Hongmei Road, Xuhui District, Shanghai, CHN, 200233

Website

https://www.sensetime.com

SenseTime Group Inc is a software company focused on creating an AI-empowered future through innovation. The Company develops software & hardware products for different industry verticals and use cases based on the same AI infrastructure platform & model training framework. The principal activities of the Group are the sale of advanced AI software, the sale of AI software platform & related services, the sale of AI software-embedded hardware and related services, AIDC service as well as research and development activities in relation to AI technologyThe Company is domiciled in the Cayman Islands while the Group mainly operates its businesses in four geographical areas of the world Mainland China, Northeast Asia, Southeast Asia, and others, out of which the majority is from Mainland China.

SenseTime Group (HKSE:00020) Headlines

No Headlines