Sunrise New Energy (EPOW)

Cash on Hand as of December 2023 : A$2.22 Million

According to Sunrise New Energy's latest financial reports the company has A$2.22 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	A$7.33 M	-73.25%
2021-12-31	A$27.41 M	92.26%
2020-12-31	A$14.26 M	5.78%
2019-12-31	A$13.48 M	-20.52%
2018-12-31	A$16.96 M	105.94%
2017-12-31	A$8.23 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