New China Life Insurance (601336.SS)

Cash on Hand as of September 2024 : €3.22 Billion

According to New China Life Insurance 's latest financial reports the company has €3.22 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.

New China Life Insurance - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	€53.15 B	-8.43%
2021-12-31	€58.04 B	5.91%
2020-12-31	€54.81 B	7.48%
2019-12-31	€50.99 B	29.46%
2018-12-31	€39.38 B	-6.6%
2017-12-31	€42.17 B	3.56%
2016-12-31	€40.72 B	25.11%
2015-12-31	€32.54 B	30.26%
2014-12-31	€24.98 B	44.7%
2013-12-31	€17.26 B	30.49%
2012-12-31	€13.23 B	25.8%
2011-12-31	€10.51 B	-8.78%
2010-12-31	€11.53 B	82.17%
2009-12-31	€6.33 B	41.09%
2008-12-31	€4.48 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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New China Life Insurance (601336.SS) - Cash on Hand