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

Net assets on the balance sheet as of June 2024 : C$67.03 Billion

According to The People's Insurance Company (PICC)'s latest financial reports the company has C$67.03 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	$C$59.61 B	0.4%
2021-12-31	$C$59.37 B	11.03%
2020-12-31	$C$53.47 B	15.67%
2019-12-31	$C$46.23 B	13.15%
2018-12-31	$C$40.86 B	13.15%
2017-12-31	$C$36.11 B	9.13%
2016-12-31	$C$33.09 B	-1.64%
2015-12-31	$C$33.64 B	42.96%
2014-12-31	$C$23.53 B	41.14%
2013-12-31	$C$16.67 B	25.45%
2012-12-31	$C$13.29 B	71.34%
2011-12-31	$C$7.75 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