GAC (Guangzhou Automobile Group) (601238.SS)

Cash on Hand as of September 2024 : €6.19 Billion

According to GAC (Guangzhou Automobile Group)'s latest financial reports the company has €6.19 Billion 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.

GAC (Guangzhou Automobile Group) - Cash on Hand chart (from 2005 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	€5.91 B	56.52%
2021-12-31	€3.77 B	0.7%
2020-12-31	€3.75 B	-11.27%
2019-12-31	€4.22 B	-22.42%
2018-12-31	€5.44 B	-14.85%
2017-12-31	€6.40 B	113.25%
2016-12-31	€3.00 B	25.42%
2015-12-31	€2.39 B	-1.9%
2014-12-31	€2.43 B	7.07%
2013-12-31	€2.27 B	20.66%
2012-12-31	€1.88 B	-10.09%
2011-12-31	€2.10 B	18.23%
2010-12-31	€1.77 B	22.9%
2009-12-31	€1.44 B	93.96%
2008-12-31	€0.74 B	51.62%
2007-12-31	€0.49 B	-52.35%
2006-12-31	€1.03 B	16.65%
2005-12-31	€0.88 B	28.82%
2004-12-31	€0.68 B

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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GAC (Guangzhou Automobile Group) (601238.SS) - Cash on Hand