MINISO Group Holding (MINISO Group Holding) Cash And Cash Equivalents : $936 Mil (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is MINISO Group Holding Cash And Cash Equivalents?

MINISO Group Holding's quarterly cash and cash equivalents increased from Sep. 2023 ($833.08 Mil) to Dec. 2023 ($898.50 Mil) and increased from Dec. 2023 ($898.50 Mil) to Mar. 2024 ($935.63 Mil).

MINISO Group Holding's annual cash and cash equivalents declined from Jun. 2021 ($1,053.95 Mil) to Jun. 2022 ($798.86 Mil) but then increased from Jun. 2022 ($798.86 Mil) to Jun. 2023 ($906.14 Mil).

MINISO Group Holding Cash And Cash Equivalents Historical Data

The historical data trend for MINISO Group Holding'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.

MINISO Group Holding Cash And Cash Equivalents Chart

MINISO Group Holding Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

Get a 7-Day Free Trial

224.17

403.01

1,053.95

798.86

906.14

MINISO Group Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															925.94	906.14	833.08	898.50	935.63

MINISO Group Holding 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.

MINISO Group Holding (NYSE:MNSO) 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.

MINISO Group Holding Cash And Cash Equivalents Related Terms

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

MINISO Group Holding (MINISO Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MINISO Group Holding Ltd (NYSE:MNSO) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MNSO:Mexico 09896:Hong Kong MIF0:Germany

Address

No. 109, Pazhou Avenue, 8th Floor, M Plaza, Haizhu District, Guangdong Province, Guangzhou, CHN, 510000

Website

https://www.miniso.com

MINISO Group Holding Ltd is a retailer offering a variety of design-led lifestyle products. The company's product categories include home decor, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care, snacks, fragrance and perfumes, and stationery and gifts. Its segment includes the MINISO brand, which is engaged in the Design, buying and sale of lifestyle products, and the TOP TOY brand, which is engaged in the Design, buying and sale of pop toys. The company generates maximum revenue from the MINISO brand segment. Geographically, it derives a majority of its revenue from China.