Sunrise New Energy (EPOW)

Cash on Hand as of December 2023 : NZ$2.38 Million

According to Sunrise New Energy's latest financial reports the company has NZ$2.38 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	NZ$7.86 M	-72.98%
2021-12-31	NZ$29.1 M	91.48%
2020-12-31	NZ$15.19 M	8.44%
2019-12-31	NZ$14.01 M	-21.33%
2018-12-31	NZ$17.81 M	96.75%
2017-12-31	NZ$9.05 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