GAC (Guangzhou Automobile Group) (601238.SS)

Cash on Hand as of September 2024 : HK$50.69 Billion

According to GAC (Guangzhou Automobile Group)'s latest financial reports the company has HK$50.69 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	HK$49.55 B	48.55%
2021-12-31	HK$33.36 B	-6.74%
2020-12-31	HK$35.77 B	-3.02%
2019-12-31	HK$36.88 B	-24.45%
2018-12-31	HK$48.82 B	-18.63%
2017-12-31	HK$59.99 B	145.09%
2016-12-31	HK$24.48 B	20.71%
2015-12-31	HK$20.28 B	-11.87%
2014-12-31	HK$23.01 B	-5.68%
2013-12-31	HK$24.39 B	26.02%
2012-12-31	HK$19.36 B	-8.6%
2011-12-31	HK$21.18 B	15.21%
2010-12-31	HK$18.38 B	14.52%
2009-12-31	HK$16.05 B	99.45%
2008-12-31	HK$8.05 B	43.87%
2007-12-31	HK$5.59 B	-47.14%
2006-12-31	HK$10.58 B	30.34%
2005-12-31	HK$8.12 B	12.23%
2004-12-31	HK$7.23 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