New China Life Insurance (601336.SS)

Cash on Hand as of September 2024 : £2.65 Billion

According to New China Life Insurance 's latest financial reports the company has £2.65 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	£47.12 B	-3.23%
2021-12-31	£48.70 B	-1.53%
2020-12-31	£49.45 B	13.53%
2019-12-31	£43.56 B	22.72%
2018-12-31	£35.49 B	-5.19%
2017-12-31	£37.44 B	7.85%
2016-12-31	£34.71 B	44.55%
2015-12-31	£24.01 B	23.04%
2014-12-31	£19.51 B	35.01%
2013-12-31	£14.45 B	33.49%
2012-12-31	£10.83 B	23.22%
2011-12-31	£8.78 B	-11.55%
2010-12-31	£9.93 B	77.29%
2009-12-31	£5.60 B	30.96%
2008-12-31	£4.27 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