Econergy Renewable Energy (ECNR.TA)

Cash on Hand as of December 2024 : HK$1.56 Billion

According to Econergy Renewable Energy's latest financial reports the company has HK$1.56 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.

Econergy Renewable Energy - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	HK$1.56 B	245.25%
2023-12-31	HK$0.45 B	169.73%
2022-12-31	HK$0.16 B	-78.29%
2021-12-31	HK$0.77 B	4171.78%
2020-12-31	HK$18.08 M	23.7%
2019-12-31	HK$14.62 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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Econergy Renewable Energy (ECNR.TA) - Cash on Hand