Gracell Biotechnologies (GRCL) - Cash on Hand

Cash on Hand as of September 2023 : HK$1.85 Billion

According to Gracell Biotechnologies's latest financial reports the company has HK$1.85 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.

Gracell Biotechnologies - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$1.65 B	-26.34%
2021-12-31	HK$2.24 B	144.07%
2020-12-31	HK$0.91 B	160.6%
2019-12-31	HK$0.35 B	171.88%
2018-12-31	HK$0.12 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
ORIC Pharmaceuticals ORIC	HK$2.12 B	14.24%	🇺🇸 USA

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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