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

Cash on Hand as of June 2024 : S$4.32 Billion

According to The People's Insurance Company (PICC)'s latest financial reports the company has S$4.32 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	S$151.26 B	3172.62%
2021-12-31	S$4.62 B	-1.47%
2020-12-31	S$4.69 B	1.51%
2019-12-31	S$4.62 B	-39.65%
2018-12-31	S$7.65 B	26.14%
2017-12-31	S$6.07 B	-26.83%
2016-12-31	S$8.29 B	11.73%
2015-12-31	S$7.42 B	3.35%
2014-12-31	S$7.18 B	-14.25%
2013-12-31	S$8.37 B	-40.2%
2012-12-31	S$14.01 B	29.08%
2011-12-31	S$10.85 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