Kuaishou Technology (1024.HK)

Cash on Hand as of June 2024 : HK$56.72 Billion

According to Kuaishou Technology's latest financial reports the company has HK$56.72 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.

Kuaishou Technology - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$40.10 B	-27.61%
2021-12-31	HK$55.40 B	73.88%
2020-12-31	HK$31.86 B	101.73%
2019-12-31	HK$15.79 B	43.86%
2018-12-31	HK$10.98 B	77.19%
2017-12-31	HK$6.19 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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Kuaishou Technology (1024.HK) - Cash on Hand