Power Mech Projects (POWERMECH.NS)

Cash on Hand as of March 2024 : HK$1.22 Billion

According to Power Mech Projects's latest financial reports the company has HK$1.22 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.

Power Mech Projects - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	HK$42.89 M	-45.28%
2022-03-31	HK$78.38 M	359.62%
2021-03-31	HK$17.05 M	-44.14%
2020-03-31	HK$30.53 M	-93.82%
2019-03-31	HK$0.49 B	686.21%
2018-03-31	HK$62.82 M	511.64%
2017-03-31	HK$10.27 M	-97.74%
2016-03-31	HK$0.45 B	27.59%
2015-03-31	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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Power Mech Projects (POWERMECH.NS) - Cash on Hand