Saudi Steel Pipes (1320.SR)

Cash on Hand as of September 2024 : HK$0.21 Billion

According to Saudi Steel Pipes's latest financial reports the company has HK$0.21 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.

Saudi Steel Pipes - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.43 B	164.44%
2022-12-31	HK$0.16 B	-20.18%
2021-12-31	HK$0.20 B	-32.99%
2020-12-31	HK$0.30 B	275.61%
2019-12-31	HK$82.08 M	48.39%
2018-12-31	HK$55.31 M	96.71%
2017-12-31	HK$28.12 M	-55.14%
2016-12-31	HK$62.68 M	59.62%
2015-12-31	HK$39.26 M	-13.49%
2014-12-31	HK$45.39 M	-59.1%
2013-12-31	HK$0.11 B	-1.4%
2012-12-31	HK$0.11 B	-8.56%
2011-12-31	HK$0.12 B	-55.28%
2010-12-31	HK$0.27 B	-81.04%
2009-12-31	HK$1.45 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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Saudi Steel Pipes (1320.SR) - Cash on Hand