China Pacific Insurance (601601.SS)

Cash on Hand as of September 2024 : $5.43 Billion USD

According to China Pacific Insurance's latest financial reports the company has $5.43 Billion USD 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.

China Pacific Insurance - Cash on Hand chart (from 2007 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$108.48 B	1.97%
2021-12-31	$106.38 B	12.46%
2020-12-31	$94.60 B	25.48%
2019-12-31	$75.39 B	20.25%
2018-12-31	$62.69 B	7.19%
2017-12-31	$58.49 B	48.25%
2016-12-31	$39.45 B	12.37%
2015-12-31	$35.11 B	22.26%
2014-12-31	$28.71 B	-9.51%
2013-12-31	$31.73 B	23.9%
2012-12-31	$25.61 B	21.5%
2011-12-31	$21.08 B	3.47%
2010-12-31	$20.37 B	-6.35%
2009-12-31	$21.75 B	30.5%
2008-12-31	$16.67 B	-16.38%
2007-12-31	$19.93 B	98.08%
2006-12-31	$10.06 B	55.09%
2005-12-31	$6.48 B	69.27%
2004-12-31	$3.83 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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China Pacific Insurance (601601.SS) - Cash on Hand