LakeShore Biopharma (LSB)

Cash on Hand as of September 2023 : HK$0.28 Billion

According to LakeShore Biopharma's latest financial reports the company has HK$0.28 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.

LakeShore Biopharma - Cash on Hand chart (from 2022 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	HK$0.42 B	26.48%
2022-03-31	HK$0.33 B	-27.64%
2021-03-31	HK$0.46 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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LakeShore Biopharma (LSB) - Cash on Hand