Daido Steel (5471.T) - Cash on Hand

Cash on Hand as of December 2023 : HK$3.57 Billion

According to Daido Steel's latest financial reports the company has HK$3.57 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.

Daido Steel - Cash on Hand chart (from 2008 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	HK$2.82 B	-24.32%
2022-03-31	HK$3.73 B	-21.24%
2021-03-31	HK$4.74 B	11%
2020-03-31	HK$4.27 B	44.82%
2019-03-31	HK$2.95 B	-5.2%
2018-03-31	HK$3.11 B	28.1%
2017-03-31	HK$2.43 B	0.97%
2016-03-31	HK$2.40 B	14.34%
2015-03-31	HK$2.10 B	-31.34%
2014-03-31	HK$3.06 B	-28.41%
2013-03-31	HK$4.28 B	-26.45%
2012-03-31	HK$5.82 B	31.06%
2011-03-31	HK$4.44 B	47.09%
2010-03-31	HK$3.02 B	-24.75%
2009-03-31	HK$4.01 B	243.66%
2008-03-31	HK$1.16 B	48.79%
2007-03-31	HK$0.78 B	-19.61%
2006-03-31	HK$0.97 B	-19.75%
2005-03-31	HK$1.21 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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