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

Cash on Hand as of June 2024 : £2.53 Billion

According to The People's Insurance Company (PICC)'s latest financial reports the company has £2.53 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	£93.26 B	3582.23%
2021-12-31	£2.53 B	-2.64%
2020-12-31	£2.60 B	-0.48%
2019-12-31	£2.61 B	-40.8%
2018-12-31	£4.41 B	31.49%
2017-12-31	£3.35 B	-27.71%
2016-12-31	£4.64 B	31.15%
2015-12-31	£3.54 B	1.42%
2014-12-31	£3.49 B	-12.89%
2013-12-31	£4.00 B	-43.44%
2012-12-31	£7.08 B	31.45%
2011-12-31	£5.39 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