Powerchip Semiconductor Manufacturing (6770.TW)

Cash on Hand as of September 2024 : HK$8.50 Billion

According to Powerchip Semiconductor Manufacturing's latest financial reports the company has HK$8.50 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.

Powerchip Semiconductor Manufacturing - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$10.79 B	-34.87%
2022-12-31	HK$16.57 B	29.31%
2021-12-31	HK$12.81 B	563.28%
2020-12-31	HK$1.93 B	58.34%
2019-12-31	HK$1.22 B	-40.1%
2018-12-31	HK$2.03 B	455.35%
2017-12-31	HK$0.36 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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Powerchip Semiconductor Manufacturing (6770.TW) - Cash on Hand