Shenzhen Inovance (300124.SZ)

Cash on Hand as of September 2024 : $0.59 Billion USD

According to Shenzhen Inovance's latest financial reports the company has $0.59 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.

Shenzhen Inovance - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$1.36 B	44.83%
2021-12-31	$0.94 B	43.07%
2020-12-31	$0.66 B	23.55%
2019-12-31	$0.53 B	28.82%
2018-12-31	$0.41 B	12.05%
2017-12-31	$0.37 B	50.71%
2016-12-31	$0.24 B	13.25%
2015-12-31	$0.21 B	-26.74%
2014-12-31	$0.29 B	-14.58%
2013-12-31	$0.34 B	8.06%
2012-12-31	$0.32 B	9.8%
2011-12-31	$0.29 B	-7.16%
2010-12-31	$0.31 B	1625.38%
2009-12-31	$18.25 M	60.69%
2008-12-31	$11.36 M	67.81%
2007-12-31	$6.77 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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Shenzhen Inovance (300124.SZ) - Cash on Hand