Bossini International Holdings (HKSE:00592) Cash And Cash Equivalents : HK$184.7 Mil (As of Dec. 2023)

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What is Bossini International Holdings Cash And Cash Equivalents?

Bossini International Holdings's quarterly cash and cash equivalents increased from Dec. 2022 (HK$93.14 Mil) to Jun. 2023 (HK$363.71 Mil) but then stayed the same from Jun. 2023 (HK$363.71 Mil) to Dec. 2023 (HK$184.67 Mil).

Bossini International Holdings's annual cash and cash equivalents declined from Jun. 2021 (HK$370.87 Mil) to Dec. 2022 (HK$93.14 Mil) but then increased from Dec. 2022 (HK$93.14 Mil) to Dec. 2023 (HK$184.67 Mil).

Bossini International Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Bossini International 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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Bossini International Holdings Cash And Cash Equivalents Chart

Bossini International Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Dec22

Dec23

Cash And Cash Equivalents

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160.98

176.34

370.87

93.14

184.67

Bossini International Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															370.87	254.11	93.14	363.71	184.67

Bossini International 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.

Bossini International Holdings (HKSE:00592) 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.

Bossini International Holdings Cash And Cash Equivalents Related Terms

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Bossini International Holdings (HKSE:00592) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Bossini International Holdings Ltd (HKSE:00592) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Tong Yin Street, 2nd Floor, PopOffice, Tseung Kwan O, Kowloon, Hong Kong, HKG

Website

https://www.bossini.com

Bossini International Holdings Ltd is an investment holding company. It is engaged in the retailing, distribution, and wholesaling of garments. The company's geographical segment includes Hong Kong and Macau; Mainland China and Singapore. It generates maximum revenue from the Hong Kong and Macau segment. The company offers casual wear apparel products including men's, ladies and kid's wear.

Executives

Law Ching Kit Bosco	2101 Beneficial owner
Viva China Holdings Limited	2201 Interest of corporation controlled by you
Keystar Limited
Li Ning	2201 Interest of corporation controlled by you
Li Chun	2201 Interest of corporation controlled by you
Dragon Leap Developments Limited	2101 Beneficial owner

Bossini International Holdings (HKSE:00592) Headlines

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