ZhongAn Online P & C Insurance Co. Ltd (1ZO) - Net Assets
Based on the latest financial reports, ZhongAn Online P & C Insurance Co. Ltd (1ZO) has net assets worth €21.56 Billion EUR (≈ $25.20 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€43.45 Billion ≈ $50.80 Billion USD) and total liabilities (€21.89 Billion ≈ $25.59 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of ZhongAn Online P & C Insurance Co. Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €21.56 Billion |
| % of Total Assets | 49.62% |
| Annual Growth Rate | 2.78% |
| 5-Year Change | 20.31% |
| 10-Year Change | N/A |
| Growth Volatility | 8.78 |
ZhongAn Online P & C Insurance Co. Ltd - Net Assets Trend (2017–2024)
This chart illustrates how ZhongAn Online P & C Insurance Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore ZhongAn Online P & C Insurance Co. Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for ZhongAn Online P & C Insurance Co. Ltd (2017–2024)
The table below shows the annual net assets of ZhongAn Online P & C Insurance Co. Ltd from 2017 to 2024. For live valuation and market cap data, see ZhongAn Online P & C Insurance Co. Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €20.93 Billion ≈ $24.47 Billion |
+4.25% |
| 2023-12-31 | €20.07 Billion ≈ $23.47 Billion |
+17.89% |
| 2022-12-31 | €17.03 Billion ≈ $19.91 Billion |
-11.00% |
| 2021-12-31 | €19.13 Billion ≈ $22.37 Billion |
+9.99% |
| 2020-12-31 | €17.39 Billion ≈ $20.33 Billion |
+5.38% |
| 2019-12-31 | €16.51 Billion ≈ $19.30 Billion |
+0.19% |
| 2018-12-31 | €16.47 Billion ≈ $19.26 Billion |
-4.61% |
| 2017-12-31 | €17.27 Billion ≈ $20.19 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to ZhongAn Online P & C Insurance Co. Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 339727800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.46 Billion | 11.76% |
| Other Components | €18.47 Billion | 88.24% |
| Total Equity | €20.93 Billion | 100.00% |
ZhongAn Online P & C Insurance Co. Ltd Competitors by Market Cap
The table below lists competitors of ZhongAn Online P & C Insurance Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yunnan Botanee Bio-Technology Group Co Ltd
SHE:300957
|
$2.53 Billion |
|
Orion Oyj A
HE:ORNAV
|
$2.54 Billion |
|
Celldex Therapeutics Inc
NASDAQ:CLDX
|
$2.54 Billion |
|
Watsco Inc
NYSE:WSO-B
|
$2.54 Billion |
|
China Railway Hi-tech Industry Corp Ltd
SHG:600528
|
$2.53 Billion |
|
Zhongshan Public Utilities Group Co Ltd
SHE:000685
|
$2.53 Billion |
|
Gujarat Mineral Development Corporation Limited
NSE:GMDCLTD
|
$2.53 Billion |
|
Medco Energi Internasional Tbk
JK:MEDC
|
$2.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZhongAn Online P & C Insurance Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,073,423,000 to 20,926,401,000, a change of 852,978,000 (4.2%).
- Net income of 603,456,000 contributed positively to equity growth.
- Other factors increased equity by 249,522,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €603.46 Million | +2.88% |
| Other Changes | €249.52 Million | +1.19% |
| Total Change | €- | 4.25% |
Book Value vs Market Value Analysis
This analysis compares ZhongAn Online P & C Insurance Co. Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.09x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €11.65 | €1.33 | x |
| 2018-12-31 | €10.50 | €1.33 | x |
| 2019-12-31 | €10.15 | €1.33 | x |
| 2020-12-31 | €10.69 | €1.33 | x |
| 2021-12-31 | €11.39 | €1.33 | x |
| 2022-12-31 | €10.35 | €1.33 | x |
| 2023-12-31 | €13.66 | €1.33 | x |
| 2024-12-31 | €14.24 | €1.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZhongAn Online P & C Insurance Co. Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.80%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 2.16x
- Recent ROE (2.88%) is above the historical average (0.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -5.82% | -18.48% | 0.26x | 1.23x | €-2.71 Billion |
| 2018 | -11.30% | -18.25% | 0.36x | 1.71x | €-3.29 Billion |
| 2019 | -3.05% | -3.02% | 0.49x | 2.07x | €-1.95 Billion |
| 2020 | 3.53% | 3.07% | 0.40x | 2.91x | €-1.02 Billion |
| 2021 | 6.95% | 5.31% | 0.42x | 3.09x | €-510.25 Million |
| 2022 | -8.91% | -5.99% | 0.41x | 3.59x | €-2.88 Billion |
| 2023 | 20.31% | 13.95% | 0.68x | 2.14x | €2.07 Billion |
| 2024 | 2.88% | 1.80% | 0.74x | 2.16x | €-1.49 Billion |
Industry Comparison
This section compares ZhongAn Online P & C Insurance Co. Ltd's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $112,288,250,000
- Average return on equity (ROE) among peers: 11.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZhongAn Online P & C Insurance Co. Ltd (1ZO) | €21.56 Billion | -5.82% | 1.02x | $2.53 Billion |
| POWSZECHNY Z.U.ADR /1 ZY1 (7PZ0) | $65.26 Billion | 8.19% | 6.71x | $12.87 Billion |
| Insurance Australia Group Limited (NRM) | $6.98 Billion | 17.65% | 3.26x | $10.01 Billion |
| The People's Insurance Company (Group) of China Limited (PIR) | $186.88 Billion | 8.61% | 4.29x | $5.76 Billion |
| PICC Property and Casualty Company Limited (PJC) | $190.03 Billion | 10.98% | 2.40x | $12.06 Billion |
About ZhongAn Online P & C Insurance Co. Ltd
ZhongAn Online P & C Insurance Co., Ltd., an Internet-based Insurtech company, provides internet insurance and insurance information technology services in the People's Republic of China. It operates through Insurance, Technology, Banking, and Others segments. The company offers critical illness, health, and outpatient and emergency insurance; e-commerce insurance; flight accident, flight delay, … Read more