Longfor Group (0960.HK)

Cash on Hand as of December 2023 : HK$56.45 Billion

According to Longfor Group's latest financial reports the company has HK$56.45 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.

Longfor Group - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$81.71 B	-21.25%
2021-12-31	HK$103.76 B	14.23%
2020-12-31	HK$90.84 B	34.02%
2019-12-31	HK$67.78 B	32.04%
2018-12-31	HK$51.33 B	60.44%
2017-12-31	HK$31.99 B	66.01%
2016-12-31	HK$19.27 B	-10.06%
2015-12-31	HK$21.42 B	-8.98%
2014-12-31	HK$23.54 B	27.6%
2013-12-31	HK$18.45 B	-19.27%
2012-12-31	HK$22.85 B	30.97%
2011-12-31	HK$17.45 B	43.09%
2010-12-31	HK$12.19 B	47.22%
2009-12-31	HK$8.28 B	90.5%
2008-12-31	HK$4.34 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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Longfor Group (0960.HK) - Cash on Hand