Gyre Therapeutics (GYRE)

Cash on Hand as of June 2024 : $25.1 Million USD

According to Gyre Therapeutics's latest financial reports the company has $25.1 Million USD 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.

Gyre Therapeutics - Cash on Hand chart (from 2024 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$33.5 M	818.01%
2022-12-31	$3.65 M	-12.16%
2021-12-31	$4.15 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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Gyre Therapeutics (GYRE) - Cash on Hand