GAC (Guangzhou Automobile Group) (601238.SS)

Cash on Hand as of September 2024 : A$10.48 Billion

According to GAC (Guangzhou Automobile Group)'s latest financial reports the company has A$10.48 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.

GAC (Guangzhou Automobile Group) - Cash on Hand chart (from 2005 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$9.32 B	57.94%
2021-12-31	A$5.90 B	-1.66%
2020-12-31	A$6.00 B	-11.29%
2019-12-31	A$6.76 B	-23.56%
2018-12-31	A$8.84 B	-10.03%
2017-12-31	A$9.83 B	124.6%
2016-12-31	A$4.37 B	21.94%
2015-12-31	A$3.59 B	-0.92%
2014-12-31	A$3.62 B	2.77%
2013-12-31	A$3.52 B	46.76%
2012-12-31	A$2.40 B	-9.64%
2011-12-31	A$2.66 B	14.36%
2010-12-31	A$2.32 B	0.91%
2009-12-31	A$2.30 B	56.11%
2008-12-31	A$1.47 B	79.89%
2007-12-31	A$0.82 B	-52.45%
2006-12-31	A$1.72 B	20.6%
2005-12-31	A$1.43 B	18.97%
2004-12-31	A$1.20 B

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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GAC (Guangzhou Automobile Group) (601238.SS) - Cash on Hand