Robosense Technology Co (HKSE:02498) Cash And Cash Equivalents : HK$1,998 Mil (As of Dec. 2023)

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What is Robosense Technology Co Cash And Cash Equivalents?

Robosense Technology Co's quarterly cash and cash equivalents declined from Dec. 2022 (HK$2,313.14 Mil) to Jun. 2023 (HK$2,309.66 Mil) but then stayed the same from Jun. 2023 (HK$2,309.66 Mil) to Dec. 2023 (HK$1,997.69 Mil).

Robosense Technology Co's annual cash and cash equivalents increased from Dec. 2021 (HK$768.40 Mil) to Dec. 2022 (HK$2,313.14 Mil) but then declined from Dec. 2022 (HK$2,313.14 Mil) to Dec. 2023 (HK$1,997.69 Mil).

Robosense Technology Co Cash And Cash Equivalents Historical Data

The historical data trend for Robosense Technology Co'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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Robosense Technology Co Cash And Cash Equivalents Chart

Robosense Technology Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

62.50

768.40

2,313.14

1,997.69

Robosense Technology Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial			768.40	-	2,313.14	2,309.66	1,997.69

Robosense Technology Co 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.

Robosense Technology Co (HKSE:02498) 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.

Robosense Technology Co Cash And Cash Equivalents Related Terms

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Robosense Technology Co (HKSE:02498) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Robosense Technology Co Ltd (HKSE:02498) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 9, Zhongguan Honghualing Industry, Southern District 1213 Liuxian Avenue, Taoyuan Street Nanshan District, Shenzhen, CHN

Website

https://www.robosense.ai/en

Robosense Technology Co Ltd is a company whose business is focused on full-stack systems incorporate LiDAR sensors, proprietary system on a chip and cutting-edge perception software. By integrating hardware and software, They have differentiated themselves from most LiDAR companies in the market who only focus on hardware. Combined with visual or other sensors, LiDAR forms perception solutions that endow automobiles and robots with perception capabilities. They develop our solutions based on chipdriven LiDAR hardware and AI perception software, expanding application scenarios and realizing large-scale commercialization in the industry.

Executives

Alibaba Group Holding Limited	2201 Interest of corporation controlled by you
Cr Investments Corporation	2201 Interest of corporation controlled by you
China Renaissance Holdings Limited	2201 Interest of corporation controlled by you
Emerald Forest Investment Limited	2201 Interest of corporation controlled by you
Emerald Forest International Limited	2101 Beneficial owner
Emerald Forest Holding Limited	2305 Beneficiary of a trust
Futu Trustee Limited	2301 Trustee
Cainiao Smart Logistics Network Limited
Cainiao Smart Logistics Investment Limited
Tmf (cayman) Ltd.	2301 Trustee
Ali Cn Investment Holding Limited	2201 Interest of corporation controlled by you
Sunton Global Limited	2305 Beneficiary of a trust
Blackpearl Investment Limited	2201 Interest of corporation controlled by you
Blackpearl Global Limited	2101 Beneficial owner
Zhu Xiaorui	2103 Interests held jointly with another person

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