GigaCloud Technology (GCT)

Cash on Hand as of December 2024 : HK$2.35 Billion

According to GigaCloud Technology's latest financial reports the company has HK$2.35 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.

GigaCloud Technology - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	HK$2.34 B	64.03%
2023-12-31	HK$1.43 B	27.64%
2022-12-31	HK$1.12 B	127.57%
2021-12-31	HK$0.49 B	3.29%
2020-12-31	HK$0.47 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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GigaCloud Technology (GCT) - Cash on Hand