Longfor Group (0960.HK)

Cash on Hand as of December 2023 : €6.88 Billion

According to Longfor Group's latest financial reports the company has €6.88 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.

Longfor Group - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	€9.74 B	-17.03%
2021-12-31	€11.75 B	23.34%
2020-12-31	€9.52 B	22.63%
2019-12-31	€7.76 B	35.58%
2018-12-31	€5.73 B	67.89%
2017-12-31	€3.41 B	44.45%
2016-12-31	€2.36 B	-6.56%
2015-12-31	€2.52 B	1.32%
2014-12-31	€2.49 B	44.86%
2013-12-31	€1.72 B	-22.71%
2012-12-31	€2.22 B	28.84%
2011-12-31	€1.73 B	46.84%
2010-12-31	€1.17 B	57.99%
2009-12-31	€0.74 B	85.26%
2008-12-31	€0.40 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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Longfor Group (0960.HK) - Cash on Hand