GAC (Guangzhou Automobile Group) (601238.SS)

Cash on Hand as of September 2024 : $6.52 Billion USD

According to GAC (Guangzhou Automobile Group)'s latest financial reports the company has $6.52 Billion USD 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	$6.34 B	48.25%
2021-12-31	$4.27 B	-7.28%
2020-12-31	$4.61 B	-2.58%
2019-12-31	$4.73 B	-24.03%
2018-12-31	$6.23 B	-18.82%
2017-12-31	$7.67 B	143.25%
2016-12-31	$3.15 B	20.65%
2015-12-31	$2.61 B	-11.81%
2014-12-31	$2.96 B	-5.71%
2013-12-31	$3.14 B	25.97%
2012-12-31	$2.49 B	-8.42%
2011-12-31	$2.72 B	15.43%
2010-12-31	$2.36 B	14.1%
2009-12-31	$2.07 B	98.77%
2008-12-31	$1.04 B	45.17%
2007-12-31	$0.71 B	-47.27%
2006-12-31	$1.36 B	29.93%
2005-12-31	$1.04 B	12.49%
2004-12-31	$0.93 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