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

Cash on Hand as of June 2024 : C$4.47 Billion

According to The People's Insurance Company (PICC)'s latest financial reports the company has C$4.47 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	C$153.10 B	3413.89%
2021-12-31	C$4.35 B	-3.63%
2020-12-31	C$4.52 B	0.99%
2019-12-31	C$4.47 B	-41.37%
2018-12-31	C$7.63 B	33.8%
2017-12-31	C$5.70 B	-25.92%
2016-12-31	C$7.70 B	5.78%
2015-12-31	C$7.28 B	15.4%
2014-12-31	C$6.31 B	-10.36%
2013-12-31	C$7.04 B	-38.21%
2012-12-31	C$11.39 B	33.63%
2011-12-31	C$8.52 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