China Reinsurance (Group) Corporation
China Reinsurance (Group) Corporation, together with its subsidiaries, operates as a reinsurance company in the People's Republic of China and internationally. The company operates through Property and Casualty Reinsurance, Life and Health Reinsurance, Primary Property and Casualty Insurance, Asset Management, and Other segments. It offers reinsurance products, including motor, commercial and hou… Read more
China Reinsurance (Group) Corporation (C53) - Net Assets
Latest net assets as of June 2025: €116.78 Billion EUR
Based on the latest financial reports, China Reinsurance (Group) Corporation (C53) has net assets worth €116.78 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€516.45 Billion) and total liabilities (€399.66 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €116.78 Billion |
| % of Total Assets | 22.61% |
| Annual Growth Rate | 5.91% |
| 5-Year Change | 9.49% |
| 10-Year Change | N/A |
| Growth Volatility | 7.28 |
China Reinsurance (Group) Corporation - Net Assets Trend (2017–2024)
This chart illustrates how China Reinsurance (Group) Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Reinsurance (Group) Corporation (2017–2024)
The table below shows the annual net assets of China Reinsurance (Group) Corporation from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €112.66 Billion | +10.26% |
| 2023-12-31 | €102.18 Billion | +7.93% |
| 2022-12-31 | €94.67 Billion | -7.71% |
| 2021-12-31 | €102.59 Billion | -0.31% |
| 2020-12-31 | €102.90 Billion | +6.11% |
| 2019-12-31 | €96.98 Billion | +11.14% |
| 2018-12-31 | €87.25 Billion | +15.77% |
| 2017-12-31 | €75.37 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Reinsurance (Group) Corporation'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 54.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €36.44 Billion | 35.29% |
| Other Components | €66.81 Billion | 64.71% |
| Total Equity | €103.26 Billion | 100.00% |
China Reinsurance (Group) Corporation Competitors by Market Cap
The table below lists competitors of China Reinsurance (Group) Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Imdex Limited
F:IDG
|
$1.17 Billion |
|
Natural Resource Partners LP
NYSE:NRP
|
$1.17 Billion |
|
Shenzhen Yinghe Technology Co Ltd
SHE:300457
|
$1.17 Billion |
|
Hunan Valin Steel Co Ltd
SHE:000932
|
$1.17 Billion |
|
Beijing Worldia Diamond Tools Co Ltd
SHG:688028
|
$1.17 Billion |
|
Tata Chemicals Limited
NSE:TATACHEM
|
$1.17 Billion |
|
Guangdong Mingyang Electric Co. Ltd. A
SHE:301291
|
$1.17 Billion |
|
Suess Microtec SE
LSE:0Q3C
|
$1.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Reinsurance (Group) Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 93,253,047,000 to 103,255,661,000, a change of 10,002,614,000 (10.7%).
- Net income of 10,556,993,000 contributed positively to equity growth.
- Dividend payments of 1,784,152,000 reduced retained earnings.
- Other factors increased equity by 1,229,773,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €10.56 Billion | +10.22% |
| Dividends Paid | €1.78 Billion | -1.73% |
| Other Changes | €1.23 Billion | +1.19% |
| Total Change | €- | 10.73% |
Book Value vs Market Value Analysis
This analysis compares China Reinsurance (Group) Corporation'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: 0.08x
- 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 | €1.75 | €0.18 | x |
| 2018-12-31 | €1.84 | €0.18 | x |
| 2019-12-31 | €2.05 | €0.18 | x |
| 2020-12-31 | €2.19 | €0.18 | x |
| 2021-12-31 | €2.19 | €0.18 | x |
| 2022-12-31 | €2.02 | €0.18 | x |
| 2023-12-31 | €2.20 | €0.18 | x |
| 2024-12-31 | €2.43 | €0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Reinsurance (Group) Corporation 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): 10.22%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.34%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 4.92x
- Recent ROE (10.22%) is above the historical average (6.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 7.07% | 4.83% | 0.45x | 3.26x | €-2.18 Billion |
| 2018 | 4.76% | 3.12% | 0.35x | 4.35x | €-4.10 Billion |
| 2019 | 6.94% | 4.26% | 0.36x | 4.55x | €-2.66 Billion |
| 2020 | 6.14% | 3.40% | 0.37x | 4.88x | €-3.59 Billion |
| 2021 | 6.83% | 3.94% | 0.32x | 5.37x | €-2.95 Billion |
| 2022 | 2.18% | 1.11% | 0.32x | 6.05x | €-6.73 Billion |
| 2023 | 6.06% | 7.07% | 0.17x | 4.93x | €-3.67 Billion |
| 2024 | 10.22% | 12.34% | 0.17x | 4.92x | €231.43 Million |
Industry Comparison
This section compares China Reinsurance (Group) Corporation's net assets metrics with peer companies in the Insurance - Reinsurance industry.
Industry Context
- Industry: Insurance - Reinsurance
- Average net assets among peers: $10,458,579,030
- Average return on equity (ROE) among peers: 11.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Reinsurance (Group) Corporation (C53) | €116.78 Billion | 7.07% | 3.42x | $1.17 Billion |
| COMSTOCK HLDG-A (CHO) | $1.05 Billion | 11.95% | 0.81x | $686.35 Million |
| Pozavarovalnica Sava, d.d. (I69) | $553.54 Million | 13.74% | 3.51x | $600.61 Million |
| Münchener Rück AG (MUV2) | $29.77 Billion | 9.62% | 8.20x | $71.54 Billion |