Power Assets (0006.HK) - Cash on Hand

Cash on Hand as of December 2023 : HK$4.18 Billion

According to Power Assets's latest financial reports the company has HK$4.18 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.

Power Assets - Cash on Hand chart (from 2008 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$5.89 B	27.85%
2021-12-31	HK$4.61 B	-15.05%
2020-12-31	HK$5.42 B	11.3%
2019-12-31	HK$4.87 B	-6.75%
2018-12-31	HK$5.22 B	-79.42%
2017-12-31	HK$25.40 B	-58.83%
2016-12-31	HK$61.71 B	-9.45%
2015-12-31	HK$68.14 B	11.19%
2014-12-31	HK$61.29 B	676.43%
2013-12-31	HK$7.89 B	28.57%
2012-12-31	HK$6.14 B	0.31%
2011-12-31	HK$6.12 B	4.83%
2010-12-31	HK$5.83 B	14.65%
2009-12-31	HK$5.09 B	-43.17%
2008-12-31	HK$8.96 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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