Shenzhen Inovance (300124.SZ)

Cash on Hand as of September 2024 : A$0.94 Billion

According to Shenzhen Inovance's latest financial reports the company has A$0.94 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.

Shenzhen Inovance - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$2.01 B	54.3%
2021-12-31	A$1.30 B	51.74%
2020-12-31	A$0.85 B	12.49%
2019-12-31	A$0.76 B	29.61%
2018-12-31	A$0.58 B	24.17%
2017-12-31	A$0.47 B	39.15%
2016-12-31	A$0.34 B	14.46%
2015-12-31	A$0.29 B	-17.7%
2014-12-31	A$0.36 B	-6.9%
2013-12-31	A$0.38 B	25.9%
2012-12-31	A$0.30 B	8.33%
2011-12-31	A$0.28 B	-8.02%
2010-12-31	A$0.31 B	1425.86%
2009-12-31	A$20.32 M	26.2%
2008-12-31	A$16.1 M	107.95%
2007-12-31	A$7.74 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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Shenzhen Inovance (300124.SZ) - Cash on Hand