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

Cash on Hand as of June 2024 : A$5.07 Billion

According to The People's Insurance Company (PICC)'s latest financial reports the company has A$5.07 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	A$165.80 B	3415.92%
2021-12-31	A$4.71 B	2.26%
2020-12-31	A$4.61 B	-5.81%
2019-12-31	A$4.89 B	-38.47%
2018-12-31	A$7.95 B	36.86%
2017-12-31	A$5.81 B	-26.89%
2016-12-31	A$7.95 B	10.36%
2015-12-31	A$7.20 B	8.45%
2014-12-31	A$6.64 B	-10.39%
2013-12-31	A$7.41 B	-32.75%
2012-12-31	A$11.02 B	34.87%
2011-12-31	A$8.17 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