China Tower (0788.HK) - Cash on Hand

Cash on Hand as of December 2023 : HK$4.33 Billion

According to China Tower 's latest financial reports the company has HK$4.33 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.

China Tower - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$4.36 B	-24.62%
2022-12-31	HK$5.79 B	-26.79%
2021-12-31	HK$7.91 B	32.13%
2020-12-31	HK$5.99 B	-13.62%
2019-12-31	HK$6.93 B	25.99%
2018-12-31	HK$5.50 B	-41.6%
2017-12-31	HK$9.42 B	-51.05%
2016-12-31	HK$19.26 B	17.98%
2015-12-31	HK$16.32 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
IHS Towers IHS	HK$4.48 B	3.30%	🇬🇧 UK
American Tower AMT	HK$15.50 B	257.38%	🇺🇸 USA
Crown Castle CCI	HK$0.92 B	-78.73%	🇺🇸 USA

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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