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

Cash on Hand as of June 2024 : $3.17 Billion USD

According to The People's Insurance Company (PICC)'s latest financial reports the company has $3.17 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.

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	$112.83 B	3200.22%
2021-12-31	$3.41 B	-3.58%
2020-12-31	$3.54 B	3.45%
2019-12-31	$3.42 B	-38.84%
2018-12-31	$5.60 B	23.5%
2017-12-31	$4.53 B	-20.82%
2016-12-31	$5.73 B	9.2%
2015-12-31	$5.24 B	-3.46%
2014-12-31	$5.43 B	-17.78%
2013-12-31	$6.61 B	-42.28%
2012-12-31	$11.45 B	36.7%
2011-12-31	$8.38 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