GAC (Guangzhou Automobile Group) (601238.SS)

Cash on Hand as of September 2024 : C$9.07 Billion

According to GAC (Guangzhou Automobile Group)'s latest financial reports the company has C$9.07 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	C$8.60 B	57.85%
2021-12-31	C$5.45 B	-7.33%
2020-12-31	C$5.88 B	-4.89%
2019-12-31	C$6.18 B	-27.16%
2018-12-31	C$8.49 B	-12.04%
2017-12-31	C$9.65 B	127.58%
2016-12-31	C$4.24 B	16.88%
2015-12-31	C$3.62 B	5.42%
2014-12-31	C$3.44 B	2.79%
2013-12-31	C$3.34 B	34.85%
2012-12-31	C$2.48 B	-10.47%
2011-12-31	C$2.77 B	17.47%
2010-12-31	C$2.36 B	8.4%
2009-12-31	C$2.17 B	72.01%
2008-12-31	C$1.26 B	76.93%
2007-12-31	C$0.71 B	-54.82%
2006-12-31	C$1.58 B	29.94%
2005-12-31	C$1.21 B	9.04%
2004-12-31	C$1.11 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