SigmaStar Technology (SZSE:301536) Cash And Cash Equivalents : ¥1,039 Mil (As of Mar. 2024)

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What is SigmaStar Technology Cash And Cash Equivalents?

SigmaStar Technology's quarterly cash and cash equivalents declined from Jun. 2023 (¥547.22 Mil) to Dec. 2023 (¥469.45 Mil) but then increased from Dec. 2023 (¥469.45 Mil) to Mar. 2024 (¥1,039.31 Mil).

SigmaStar Technology's annual cash and cash equivalents increased from Dec. 2021 (¥442.07 Mil) to Dec. 2022 (¥471.57 Mil) but then declined from Dec. 2022 (¥471.57 Mil) to Dec. 2023 (¥469.45 Mil).

SigmaStar Technology Cash And Cash Equivalents Historical Data

The historical data trend for SigmaStar Technology'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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SigmaStar Technology Cash And Cash Equivalents Chart

SigmaStar Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

114.59

387.73

442.07

471.57

469.45

SigmaStar Technology Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Mar23	Jun23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial				471.57	-	547.22	469.45	1,039.31

SigmaStar Technology 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.

SigmaStar Technology (SZSE:301536) 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.

SigmaStar Technology Cash And Cash Equivalents Related Terms

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SigmaStar Technology (SZSE:301536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SigmaStar Technology Ltd (SZSE:301536) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Houzhan Road, Floor 16, No. 1, Tong\'an District, Fujian Province, Xiamen, CHN, 361116

Website

https://www.sigmastar.com.cn

SigmaStar Technology Ltd is engaged in research & development and sales of video surveillance chips. Its products cover IP Cam, USB Cam, NVR, DVR, vehicle electronics, action cameras, smart home, robots, industry and other fields.

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