Postal Savings Bank of China (601658.SS)

Cash on Hand as of June 2022 : $247.09 Billion USD

According to Postal Savings Bank of China 's latest financial reports the company has $247.09 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.

Postal Savings Bank of China - Cash on Hand chart (from 2015 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	$245.49 B	5.9%
2020-12-31	$231.81 B	11.47%
2019-12-31	$207.96 B	-12.2%
2018-12-31	$236.85 B	-23.89%
2017-12-31	$311.22 B	28.69%
2016-12-31	$241.84 B	-5.34%
2015-12-31	$255.48 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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Postal Savings Bank of China (601658.SS) - Cash on Hand