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

Net assets on the balance sheet as of June 2024 : ₹4.019 Trillion

According to The People's Insurance Company (PICC)'s latest financial reports the company has ₹4.019 Trillion 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	$₹3.635 T	4.83%
2021-12-31	$₹3.467 T	13.06%
2020-12-31	$₹3.067 T	21.51%
2019-12-31	$₹2.524 T	20.35%
2018-12-31	$₹2.097 T	14.36%
2017-12-31	$₹1.834 T	9.61%
2016-12-31	$₹1.673 T	3.82%
2015-12-31	$₹1.611 T	25.4%
2014-12-31	$₹1.285 T	32.81%
2013-12-31	$₹967.77 B	32.23%
2012-12-31	$₹731.89 B	81.4%
2011-12-31	$₹403.46 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