China Tower (0788.HK) - Cash on Hand

Cash on Hand as of December 2023 : NZ$0.95 Billion

According to China Tower 's latest financial reports the company has NZ$0.95 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.

China Tower - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$1.16 B	-21.4%
2021-12-31	NZ$1.48 B	38.77%
2020-12-31	NZ$1.07 B	-19%
2019-12-31	NZ$1.32 B	26.17%
2018-12-31	NZ$1.04 B	-38.31%
2017-12-31	NZ$1.69 B	-52.61%
2016-12-31	NZ$3.58 B	16.51%
2015-12-31	NZ$3.07 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
IHS Towers IHS	NZ$0.76 B	-20.34%	🇬🇧 UK
American Tower AMT	NZ$3.66 B	284.31%	🇺🇸 USA
Crown Castle CCI	NZ$0.33 B	-65.33%	🇺🇸 USA

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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