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

Net assets on the balance sheet as of June 2024 : €45.76 Billion

According to The People's Insurance Company (PICC)'s latest financial reports the company has €45.76 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

The People's Insurance Company (PICC) - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$€40.95 B	-0.45%
2021-12-31	$€41.14 B	20.65%
2020-12-31	$€34.09 B	7.91%
2019-12-31	$€31.60 B	20.52%
2018-12-31	$€26.22 B	9.53%
2017-12-31	$€23.94 B	2.26%
2016-12-31	$€23.41 B	5.54%
2015-12-31	$€22.18 B	33.02%
2014-12-31	$€16.67 B	47.01%
2013-12-31	$€11.34 B	12.25%
2012-12-31	$€10.10 B	72.07%
2011-12-31	$€5.87 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) - Net assets