Postal Savings Bank of China (601658.SS)

Cash on Hand as of June 2022 : €234.83 Billion

According to Postal Savings Bank of China 's latest financial reports the company has €234.83 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.

Postal Savings Bank of China - Cash on Hand chart (from 2015 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	€216.77 B	15.02%
2020-12-31	€188.46 B	1.52%
2019-12-31	€185.64 B	-10.33%
2018-12-31	€207.04 B	-20.18%
2017-12-31	€259.38 B	12.81%
2016-12-31	€229.92 B	-1.6%
2015-12-31	€233.66 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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Postal Savings Bank of China (601658.SS) - Cash on Hand