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

Net assets on the balance sheet as of June 2024 : A$72.26 Billion

According to The People's Insurance Company (PICC)'s latest financial reports the company has A$72.26 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
2022-12-31	$A$64.56 B	0.46%
2021-12-31	$A$64.26 B	17.82%
2020-12-31	$A$54.54 B	7.88%
2019-12-31	$A$50.56 B	18.74%
2018-12-31	$A$42.58 B	15.73%
2017-12-31	$A$36.79 B	7.7%
2016-12-31	$A$34.16 B	2.61%
2015-12-31	$A$33.29 B	34.35%
2014-12-31	$A$24.78 B	41.1%
2013-12-31	$A$17.56 B	36.53%
2012-12-31	$A$12.86 B	72.93%
2011-12-31	$A$7.43 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