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

Cash on Hand as of June 2024 : HK$24.65 Billion

According to The People's Insurance Company (PICC)'s latest financial reports the company has HK$24.65 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.

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	HK$881.59 B	3206.87%
2021-12-31	HK$26.65 B	-3.02%
2020-12-31	HK$27.48 B	2.97%
2019-12-31	HK$26.69 B	-39.18%
2018-12-31	HK$43.89 B	23.78%
2017-12-31	HK$35.46 B	-20.22%
2016-12-31	HK$44.45 B	9.25%
2015-12-31	HK$40.68 B	-3.54%
2014-12-31	HK$42.17 B	-17.76%
2013-12-31	HK$51.28 B	-42.26%
2012-12-31	HK$88.81 B	36.42%
2011-12-31	HK$65.10 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