The People's Insurance Co (Group) of China (FRA:PIR) Ending Cash Position : €3,414 Mil (As of Mar. 2024)

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What is The People's Insurance Co (Group) of China Ending Cash Position?

The People's Insurance Co (Group) of China's Ending Cash Position for the quarter that ended in Mar. 2024 was €3,414 Mil.

The People's Insurance Co (Group) of China's quarterly Ending Cash Position increased from Sep. 2023 (€3,335 Mil) to Dec. 2023 (€3,703 Mil) but then declined from Dec. 2023 (€3,703 Mil) to Mar. 2024 (€3,414 Mil).

The People's Insurance Co (Group) of China's annual Ending Cash Position increased from Dec. 2021 (€4,624 Mil) to Dec. 2022 (€5,497 Mil) but then declined from Dec. 2022 (€5,497 Mil) to Dec. 2023 (€3,703 Mil).

The People's Insurance Co (Group) of China Ending Cash Position Historical Data

The historical data trend for The People's Insurance Co (Group) of China's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The People's Insurance Co (Group) of China Ending Cash Position Chart

The People's Insurance Co (Group) of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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9,878.61

9,830.99

4,623.63

5,497.29

3,703.22

The People's Insurance Co (Group) of China Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial															4,172.63	4,015.94	3,335.40	3,703.22	3,414.15

The People's Insurance Co (Group) of China Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

The People's Insurance Co (Group) of China's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	5214.04	+	-1510.825
	=	3,703

The People's Insurance Co (Group) of China's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	3556.464	+	-142.314
	=	3,414

The People's Insurance Co (Group) of China Ending Cash Position Related Terms

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The People's Insurance Co (Group) of China (FRA:PIR) Business Description

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Traded in Other Exchanges

PINXY:USA 01339:Hong Kong 601319:China

Address

No. 88, West Chang’an Avenue, 1st-13th Floor, Xi Cheng District, Beijing, CHN, 100031

Website

http://www.picc.com.cn

Headquartered in Beijing, PICC Group is the largest state-owned insurance group, holding a 69% stake in PICC P&C, an 80% stake in PICC Life, and a 69% stake in PICC Health Insurance. Its P&C subsidiary is the largest nonlife insurer with about one third of market share in China. Life and health insurance subsidiaries hold about 2.9% and 1.3% share, respectively. The Ministry of Finance is the largest shareholder, with 61% share. China's Social Security Fund is the group's second-largest shareholder holding nearly 13% share.

The People's Insurance Co (Group) of China (FRA:PIR) Headlines

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