PPCCY (PICC Property and Casualty Co) Ending Cash Position : $2,967 Mil (As of Jun. 2024)

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What is PICC Property and Casualty Co Ending Cash Position?

PICC Property and Casualty Co's Ending Cash Position for the quarter that ended in Jun. 2024 was $2,967 Mil.

PICC Property and Casualty Co's quarterly Ending Cash Position declined from Jun. 2023 ($2,683 Mil) to Dec. 2023 ($2,309 Mil) but then increased from Dec. 2023 ($2,309 Mil) to Jun. 2024 ($2,967 Mil).

PICC Property and Casualty Co's annual Ending Cash Position increased from Dec. 2021 ($2,734 Mil) to Dec. 2022 ($3,048 Mil) but then declined from Dec. 2022 ($3,048 Mil) to Dec. 2023 ($2,309 Mil).

PICC Property and Casualty Co Ending Cash Position Historical Data

The historical data trend for PICC Property and Casualty Co'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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PICC Property and Casualty Co Ending Cash Position Chart

PICC Property and Casualty Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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4,636.64

4,005.32

2,734.05

3,048.04

2,309.18

PICC Property and Casualty Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Ending Cash Position	Get a 7-Day Free Trial															3,501.91	3,048.04	2,683.14	2,309.18	2,967.32

PICC Property and Casualty Co 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.

PICC Property and Casualty Co'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
	=	2976.107	+	-666.928
	=	2,309

PICC Property and Casualty Co's Ending Cash Position for the quarter that ended in Jun. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	2272.733	+	694.585
	=	2,967

PICC Property and Casualty Co Ending Cash Position Related Terms

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PICC Property and Casualty Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PICC Property and Casualty Co Ltd (OTCPK:PPCCY) » Definitions » Ending Cash Position

Comparable Companies

Traded in Other Exchanges

02328:Hong Kong PJC:Germany

Address

Tower 2, No. 2 Jianguomenwai Avenue, Chaoyang District, Beijing, CHN, 100022

Website

https://property.picc.com

With headquarters in Beijing, PICC P&C is China's largest nonlife insurer, commanding nearly 33% market share in the country. It was founded by the People's Bank of China in 1949. The company is a flagship subsidiary of the PICC Group, a state-owned insurance group, which owns 69% of PICC P&C. The company offers a wide range of nonlife insurance products, including auto, commercial property, liability, credit and surety bond, accidents and health, energy and aerospace, and agricultural insurance.

PICC Property and Casualty Co Headlines

From GuruFocus

PICC Property and Casualty Co Stock Is Believed To Be Modestly Undervalued

By GF Value GF Value • 06-10-2021