GAC (Guangzhou Automobile Group) (601238.SS)

Cash on Hand as of September 2024 : £5.04 Billion

According to GAC (Guangzhou Automobile Group)'s latest financial reports the company has £5.04 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	£5.24 B	65.41%
2021-12-31	£3.16 B	-6.37%
2020-12-31	£3.38 B	-6.27%
2019-12-31	£3.61 B	-26.46%
2018-12-31	£4.91 B	-13.56%
2017-12-31	£5.68 B	122.09%
2016-12-31	£2.55 B	44.9%
2015-12-31	£1.76 B	-7.34%
2014-12-31	£1.90 B	-0.1%
2013-12-31	£1.90 B	23.43%
2012-12-31	£1.54 B	-11.93%
2011-12-31	£1.75 B	14.65%
2010-12-31	£1.53 B	19.61%
2009-12-31	£1.27 B	80.03%
2008-12-31	£0.71 B	96.77%
2007-12-31	£0.36 B	-48.01%
2006-12-31	£0.69 B	14.39%
2005-12-31	£0.60 B	25.23%
2004-12-31	£0.48 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