Mengniu Dairy (2319.HK)

Cash on Hand as of December 2023 : HK$23.03 Billion

According to Mengniu Dairy 's latest financial reports the company has HK$23.03 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.

Mengniu Dairy - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$22.19 B	14.2%
2021-12-31	HK$19.43 B	-14.6%
2020-12-31	HK$22.76 B	-20.55%
2019-12-31	HK$28.64 B	31.61%
2018-12-31	HK$21.76 B	8.87%
2017-12-31	HK$19.99 B	74.41%
2016-12-31	HK$11.46 B	-27.3%
2015-12-31	HK$15.76 B	-3.07%
2014-12-31	HK$16.26 B	43.53%
2013-12-31	HK$11.33 B	47.21%
2012-12-31	HK$7.69 B	-6.08%
2011-12-31	HK$8.19 B	4%
2010-12-31	HK$7.88 B	12.91%
2009-12-31	HK$6.98 B	102.35%
2008-12-31	HK$3.45 B	45.99%
2007-12-31	HK$2.36 B	78.33%
2006-12-31	HK$1.32 B	10.52%
2005-12-31	HK$1.19 B	25.18%
2004-12-31	HK$0.95 B	173.03%
2003-12-31	HK$0.35 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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Mengniu Dairy (2319.HK) - Cash on Hand