Sunrise New Energy (EPOW)

Cash on Hand as of December 2023 : HK$10.84 Million

According to Sunrise New Energy's latest financial reports the company has HK$10.84 Million 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.

Sunrise New Energy - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$39 M	-74.84%
2021-12-31	HK$0.15 B	82.33%
2020-12-31	HK$85.01 M	15.64%
2019-12-31	HK$73.51 M	-21.44%
2018-12-31	HK$93.57 M	86.26%
2017-12-31	HK$50.24 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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Sunrise New Energy (EPOW) - Cash on Hand