Sunrise New Energy (EPOW)

Cash on Hand as of December 2023 : C$2.01 Million

According to Sunrise New Energy's latest financial reports the company has C$2.01 Million in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Sunrise New Energy - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	C$6.77 M	-73.26%
2021-12-31	C$25.33 M	81.18%
2020-12-31	C$13.98 M	13.42%
2019-12-31	C$12.32 M	-24.27%
2018-12-31	C$16.27 M	101.34%
2017-12-31	C$8.08 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Sunrise New Energy (EPOW) - Cash on Hand