SunCar Technology Group (SDA)

Cash on Hand as of December 2023 : HK$0.40 Billion

According to SunCar Technology Group's latest financial reports the company has HK$0.40 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.

SunCar Technology Group - Cash on Hand chart (from 2021 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.40 B	9.81%
2022-12-31	HK$0.37 B	-24.86%
2022-06-30	HK$0.86 M	-85.18%
2021-12-31	HK$0.49 B	-33.03%
2021-06-30	HK$5.85 M
2020-12-31	HK$0.74 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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SunCar Technology Group (SDA) - Cash on Hand