Mengniu Dairy (2319.HK)

Cash on Hand as of December 2023 : £2.33 Billion

According to Mengniu Dairy 's latest financial reports the company has £2.33 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.

Mengniu Dairy - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£2.34 B	27.16%
2021-12-31	£1.84 B	-14.27%
2020-12-31	£2.15 B	-23.22%
2019-12-31	£2.80 B	28.1%
2018-12-31	£2.18 B	15.65%
2017-12-31	£1.89 B	58.04%
2016-12-31	£1.19 B	-12.73%
2015-12-31	£1.37 B	1.91%
2014-12-31	£1.34 B	52.02%
2013-12-31	£0.88 B	44.19%
2012-12-31	£0.61 B	-9.5%
2011-12-31	£0.67 B	3.5%
2010-12-31	£0.65 B	17.93%
2009-12-31	£0.55 B	82.65%
2008-12-31	£0.30 B	99.67%
2007-12-31	£0.15 B	75.39%
2006-12-31	£86.98 M	-3%
2005-12-31	£89.68 M	39.68%
2004-12-31	£64.2 M	153.75%
2003-12-31	£25.3 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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Mengniu Dairy (2319.HK) - Cash on Hand