ZhongAn Insurance (6060.HK)

Cash on Hand as of December 2023 : $1.37 Billion USD

According to ZhongAn Insurance 's latest financial reports the company has $1.37 Billion 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.

ZhongAn Insurance - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$2.23 B	-45.89%
2021-12-31	$4.12 B	-2.06%
2020-12-31	$4.21 B	94.62%
2019-12-31	$2.16 B	65.35%
2018-12-31	$1.30 B	0.73%
2017-12-31	$1.29 B	87.01%
2016-12-31	$0.69 B	-8.71%
2015-12-31	$0.76 B	824.17%
2014-12-31	$82.33 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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ZhongAn Insurance (6060.HK) - Cash on Hand