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

Net assets on the balance sheet as of June 2024 : S$63.88 Billion

According to The People's Insurance Company (PICC)'s latest financial reports the company has S$63.88 Billion 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	$S$58.89 B	-6.5%
2021-12-31	$S$62.98 B	13.52%
2020-12-31	$S$55.48 B	16.26%
2019-12-31	$S$47.72 B	16.46%
2018-12-31	$S$40.98 B	6.67%
2017-12-31	$S$38.42 B	7.8%
2016-12-31	$S$35.64 B	3.88%
2015-12-31	$S$34.30 B	28.03%
2014-12-31	$S$26.79 B	35.02%
2013-12-31	$S$19.84 B	21.41%
2012-12-31	$S$16.34 B	65.5%
2011-12-31	$S$9.87 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