The People's Insurance Company (PICC) (601319.SS)

Cash on Hand as of June 2024 : €3.01 Billion

According to The People's Insurance Company (PICC)'s latest financial reports the company has €3.01 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.

The People's Insurance Company (PICC) - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	€105.18 B	3384.3%
2021-12-31	€3.01 B	4.72%
2020-12-31	€2.88 B	-5.78%
2019-12-31	€3.05 B	-37.55%
2018-12-31	€4.89 B	29.53%
2017-12-31	€3.78 B	-30.59%
2016-12-31	€5.44 B	13.51%
2015-12-31	€4.80 B	7.38%
2014-12-31	€4.47 B	-6.64%
2013-12-31	€4.78 B	-44.71%
2012-12-31	€8.66 B	34.2%
2011-12-31	€6.45 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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The People's Insurance Company (PICC) (601319.SS) - Cash on Hand