New China Life Insurance (601336.SS)

Cash on Hand as of September 2024 : $3.34 Billion USD

According to New China Life Insurance 's latest financial reports the company has $3.34 Billion USD 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	$57.01 B	-13.27%
2021-12-31	$65.74 B	-2.49%
2020-12-31	$67.41 B	18.01%
2019-12-31	$57.12 B	26.77%
2018-12-31	$45.06 B	-10.95%
2017-12-31	$50.60 B	18.13%
2016-12-31	$42.83 B	20.36%
2015-12-31	$35.58 B	17.11%
2014-12-31	$30.38 B	27.43%
2013-12-31	$23.84 B	36.23%
2012-12-31	$17.50 B	28.14%
2011-12-31	$13.66 B	-10.94%
2010-12-31	$15.33 B	69.13%
2009-12-31	$9.06 B	44.6%
2008-12-31	$6.27 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