SolarMax Technology (SMXT)

Cash on Hand as of June 2024 : HK$70.42 Million

According to SolarMax Technology's latest financial reports the company has HK$70.42 Million 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.

SolarMax Technology - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$29.86 M	-61.26%
2021-12-31	HK$77.08 M	-41.54%
2020-12-31	HK$0.13 B
2018-12-31	HK$75.12 M	-51.84%
2017-12-31	HK$0.15 B	53.1%
2016-12-31	HK$0.10 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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SolarMax Technology (SMXT) - Cash on Hand