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

Net assets on the balance sheet as of June 2024 : HK$370.93 B

According to The People's Insurance Company (PICC)'s latest financial reports the company has HK$370.93 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	$HK$343.26 B	-5.52%
2021-12-31	$HK$363.29 B	11.71%
2020-12-31	$HK$325.20 B	17.94%
2019-12-31	$HK$275.73 B	17.38%
2018-12-31	$HK$234.90 B	4.66%
2017-12-31	$HK$224.43 B	17.53%
2016-12-31	$HK$190.95 B	1.58%
2015-12-31	$HK$187.97 B	19.47%
2014-12-31	$HK$157.34 B	29.53%
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?

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