Ping An Insurance (601318.SS) - Cash on Hand

Cash on Hand as of December 2024 : $130.22 Billion USD

According to Ping An Insurance's latest financial reports the company has $130.22 Billion USD in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Ping An Insurance - Cash on Hand chart (from 2006 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	$130.22 B	15.36%
2023-12-31	$112.88 B	4.13%
2022-12-31	$108.40 B	9.56%
2021-12-31	$98.94 B	8.05%
2020-12-31	$91.57 B	20.83%
2019-12-31	$75.79 B	-4.97%
2018-12-31	$79.75 B	-63.04%
2017-12-31	$215.79 B	24.42%
2016-12-31	$173.44 B	5.25%
2015-12-31	$164.79 B	21.48%
2014-12-31	$135.65 B	33.81%
2013-12-31	$101.38 B	-15.11%
2012-12-31	$119.43 B	34.73%
2011-12-31	$88.64 B	71.4%
2010-12-31	$51.71 B	1.32%
2009-12-31	$51.04 B	31.62%
2008-12-31	$38.78 B	12.05%
2007-12-31	$34.61 B	93.51%
2006-12-31	$17.88 B	79.37%
2005-12-31	$9.97 B	-13.54%
2004-12-31	$11.53 B	11.02%
2003-12-31	$10.38 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Manulife Financial MFC	$17.97 B	-86.20%	🇨🇦 Canada
Prudential PUK	$2.44 B	-98.12%	🇬🇧 UK
China Life Insurance 601628.SS	$11.85 B	-90.90%	🇨🇳 China

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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