Shanghai Commercial and Savings Bank (5876.TW)

Cash on Hand as of September 2022 : £10.74 Billion

According to Shanghai Commercial and Savings Bank's latest financial reports the company has £10.74 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.

Shanghai Commercial and Savings Bank - Cash on Hand chart (from 2013 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	£7.55 B	-0.15%
2020-12-31	£7.56 B	0.46%
2019-12-31	£7.52 B	16.06%
2018-12-31	£6.48 B	-11.66%
2017-12-31	£7.34 B	-5.54%
2016-12-31	£7.77 B	26.08%
2015-12-31	£6.16 B	-87.95%
2014-12-31	£51.14 B	804.9%
2013-12-31	£5.65 B	-14.99%
2012-12-31	£6.64 B	26.5%
2011-12-31	£5.25 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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Shanghai Commercial and Savings Bank (5876.TW) - Cash on Hand