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

Net assets on the balance sheet as of June 2024 : $47.58 Billion USD

According to The People's Insurance Company (PICC)'s latest financial reports the company has $47.58 Billion USD 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	$$43.93 B	-5.71%
2021-12-31	$$46.59 B	11.09%
2020-12-31	$$41.94 B	18.48%
2019-12-31	$$35.40 B	18.01%
2018-12-31	$$29.99 B	4.43%
2017-12-31	$$28.72 B	16.65%
2016-12-31	$$24.62 B	1.53%
2015-12-31	$$24.25 B	19.59%
2014-12-31	$$20.28 B	29.46%
2013-12-31	$$15.66 B	17.19%
2012-12-31	$$13.36 B	75.26%
2011-12-31	$$7.62 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