Sunrise New Energy (EPOW)

Cash on Hand as of December 2023 : $1.39 Million USD

According to Sunrise New Energy's latest financial reports the company has $1.39 Million USD 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	$4.99 M	-74.89%
2021-12-31	$19.87 M	81.27%
2020-12-31	$10.96 M	16.18%
2019-12-31	$9.43 M	-21.01%
2018-12-31	$11.94 M	85.83%
2017-12-31	$6.43 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