Postal Savings Bank of China (601658.SS)

Cash on Hand as of June 2022 : C$353.94 Billion

According to Postal Savings Bank of China 's latest financial reports the company has C$353.94 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.

Postal Savings Bank of China - Cash on Hand chart (from 2015 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	C$312.86 B	5.85%
2020-12-31	C$295.57 B	8.82%
2019-12-31	C$271.62 B	-15.81%
2018-12-31	C$322.64 B	-17.54%
2017-12-31	C$391.28 B	20.39%
2016-12-31	C$325.00 B	-8.3%
2015-12-31	C$354.40 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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Postal Savings Bank of China (601658.SS) - Cash on Hand