Sagimet Biosciences (SGMT)

Cash on Hand as of December 2024 : HK$1.17 Billion

According to Sagimet Biosciences's latest financial reports the company has HK$1.17 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.

Sagimet Biosciences - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	HK$1.17 B	58.43%
2023-12-31	HK$0.74 B	193.27%
2022-12-31	HK$0.25 B	-42.87%
2021-12-31	HK$0.44 B	-16.94%
2020-12-31	HK$0.53 B	569.65%
2019-12-31	HK$79.53 M

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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Sagimet Biosciences (SGMT) - Cash on Hand