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

Net assets on the balance sheet as of June 2024 : £36.25 B

According to The People's Insurance Company (PICC)'s latest financial reports the company has £36.25 B 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	$£36.31 B	5.48%
2021-12-31	$£34.42 B	12.06%
2020-12-31	$£30.72 B	15.17%
2019-12-31	$£26.67 B	13.47%
2018-12-31	$£23.51 B	10.61%
2017-12-31	$£21.25 B	6.5%
2016-12-31	$£19.95 B	22.07%
2015-12-31	$£16.34 B	25.5%
2014-12-31	$£13.02 B	37.35%
2013-12-31	$£9.48 B	14.74%
2012-12-31	$£8.26 B	68.46%
2011-12-31	$£4.90 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