Lufax (LU) - Cash on Hand

Cash on Hand as of September 2022 : HK$49.95 Billion

According to Lufax's latest financial reports the company has HK$49.95 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.

Lufax - Cash on Hand chart (from 2019 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	HK$42.51 B	48.06%
2020-12-31	HK$28.71 B	250.31%
2019-12-31	HK$8.19 B	-61.25%
2018-12-31	HK$21.15 B	-5.88%
2017-12-31	HK$22.47 B	79.52%
2016-12-31	HK$12.51 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
OneConnect OCFT	HK$2.14 B	-95.71%	🇨🇳 China

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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