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

Net assets on the balance sheet as of June 2024 : NZ$80.03 Billion

According to The People's Insurance Company (PICC)'s latest financial reports the company has NZ$80.03 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
2023-12-31	$NZ$74.19 B	7.22%
2022-12-31	$NZ$69.19 B	3.55%
2021-12-31	$NZ$66.82 B	14.96%
2020-12-31	$NZ$58.12 B	10.59%
2019-12-31	$NZ$52.56 B	17.54%
2018-12-31	$NZ$44.72 B	10.57%
2017-12-31	$NZ$40.44 B	13.77%
2016-12-31	$NZ$35.55 B	0.32%
2015-12-31	$NZ$35.43 B	36.91%
2014-12-31	$NZ$25.88 B	35.78%
2013-12-31	$NZ$19.06 B	17.31%
2012-12-31	$NZ$16.24 B	66.28%
2011-12-31	$NZ$9.77 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