Mengniu Dairy (2319.HK)

Cash on Hand as of December 2023 : $2.96 Billion USD

According to Mengniu Dairy 's latest financial reports the company has $2.96 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.

Mengniu Dairy - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$2.84 B	13.97%
2021-12-31	$2.49 B	-15.1%
2020-12-31	$2.93 B	-20.18%
2019-12-31	$3.67 B	32.33%
2018-12-31	$2.77 B	8.62%
2017-12-31	$2.55 B	73.1%
2016-12-31	$1.47 B	-27.34%
2015-12-31	$2.03 B	-3%
2014-12-31	$2.09 B	43.49%
2013-12-31	$1.46 B	47.15%
2012-12-31	$0.99 B	-5.89%
2011-12-31	$1.05 B	4.21%
2010-12-31	$1.01 B	12.5%
2009-12-31	$0.90 B	101.66%
2008-12-31	$0.44 B	47.3%
2007-12-31	$0.30 B	77.88%
2006-12-31	$0.17 B	10.18%
2005-12-31	$0.15 B	25.47%
2004-12-31	$0.12 B	172.33%
2003-12-31	$45.26 M

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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Mengniu Dairy (2319.HK) - Cash on Hand