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

Net assets on the balance sheet as of June 2024 : HK$369.88 Billion

According to The People's Insurance Company (PICC)'s latest financial reports the company has HK$369.88 Billion 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
2023-12-31	$HK$366.45 B	6.76%
2022-12-31	$HK$343.26 B	-3.56%
2021-12-31	$HK$355.92 B	9.47%
2020-12-31	$HK$325.14 B	17.93%
2019-12-31	$HK$275.70 B	17.37%
2018-12-31	$HK$234.90 B	4.67%
2017-12-31	$HK$224.43 B	17.53%
2016-12-31	$HK$190.95 B	1.58%
2015-12-31	$HK$187.98 B	19.5%
2014-12-31	$HK$157.30 B	29.5%
2013-12-31	$HK$121.47 B	17.24%
2012-12-31	$HK$103.61 B	74.91%
2011-12-31	$HK$59.23 B

What is the market capitalization of a company?

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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