Lufax (LU) - Cash on Hand

Cash on Hand as of September 2022 : $6.42 Billion USD

According to Lufax's latest financial reports the company has $6.42 Billion USD 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.

Lufax - Cash on Hand chart (from 2019 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	$5.45 B	47.2%
2020-12-31	$3.70 B	251.93%
2019-12-31	$1.05 B	-61.03%
2018-12-31	$2.70 B	-6.1%
2017-12-31	$2.87 B	78.18%
2016-12-31	$1.61 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
OneConnect OCFT	$0.28 B	-95.55%	🇨🇳 China

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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