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

Cash on Hand as of June 2024 : €2.86 B

According to The People's Insurance Company (PICC)'s latest financial reports the company has €2.86 B 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	€105.18 B	3400.25%
2021-12-31	€3.00 B	3.6%
2020-12-31	€2.90 B	-4.98%
2019-12-31	€3.05 B	-37.61%
2018-12-31	€4.89 B	29.35%
2017-12-31	€3.78 B	-30.59%
2016-12-31	€5.44 B	13.33%
2015-12-31	€4.80 B	7.64%
2014-12-31	€4.46 B	-6.69%
2013-12-31	€4.78 B	-44.78%
2012-12-31	€8.66 B	34.31%
2011-12-31	€6.45 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