China Reinsurance (Group) Corporation (C53) - Net Assets
Based on the latest financial reports, China Reinsurance (Group) Corporation (C53) has net assets worth €119.31 Billion EUR (≈ $139.49 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€527.76 Billion ≈ $617.01 Billion USD) and total liabilities (€408.45 Billion ≈ $477.52 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 asset allocation strategy of China Reinsurance (Group) Corporation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €119.31 Billion |
| % of Total Assets | 22.61% |
| Annual Growth Rate | 5.91% |
| 5-Year Change | 16.31% |
| 10-Year Change | N/A |
| Growth Volatility | 6.81 |
China Reinsurance (Group) Corporation - Net Assets Trend (2017–2025)
This chart illustrates how China Reinsurance (Group) Corporation's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see China Reinsurance (Group) Corporation market cap and net worth.
Annual Net Assets for China Reinsurance (Group) Corporation (2017–2025)
The table below shows the annual net assets of China Reinsurance (Group) Corporation from 2017 to 2025. Also explore how fast is China Reinsurance (Group) Corporation growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €119.31 Billion ≈ $139.49 Billion |
+5.90% |
| 2024-12-31 | €112.66 Billion ≈ $131.72 Billion |
+10.26% |
| 2023-12-31 | €102.18 Billion ≈ $119.46 Billion |
+7.93% |
| 2022-12-31 | €94.67 Billion ≈ $110.68 Billion |
-7.71% |
| 2021-12-31 | €102.59 Billion ≈ $119.93 Billion |
-0.31% |
| 2020-12-31 | €102.90 Billion ≈ $120.30 Billion |
+6.11% |
| 2019-12-31 | €96.98 Billion ≈ $113.38 Billion |
+11.14% |
| 2018-12-31 | €87.25 Billion ≈ $102.01 Billion |
+15.77% |
| 2017-12-31 | €75.37 Billion ≈ $88.12 Billion |
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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 82.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €43.13 Billion | 39.33% |
| Other Components | €66.52 Billion | 60.67% |
| Total Equity | €109.64 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 |
|---|---|
|
Top Energy Shanxi Co Ltd
SHG:600780
|
$1.03 Billion |
|
Jiangxi Guotai Civilian
SHG:603977
|
$1.03 Billion |
|
Graincorp Ltd
AU:GNC
|
$1.03 Billion |
|
Fnac Darty SA
PA:FNAC
|
$1.03 Billion |
|
XPLR Infrastructure LP Unit
NYSE:XIFR
|
$1.03 Billion |
|
BlackRock Health Sciences Trust II
NYSE:BMEZ
|
$1.03 Billion |
|
MNC Studios International Tbk PT
JK:MSIN
|
$1.03 Billion |
|
HTC Corp
TW:2498
|
$1.03 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 2024 to 2025, total equity changed from 103,255,661,000 to 109,644,587,000, a change of 6,388,926,000 (6.2%).
- Net income of 9,771,143,000 contributed positively to equity growth.
- Dividend payments of 2,123,990,000 reduced retained earnings.
- Other factors decreased equity by 1,258,227,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €9.77 Billion | +8.91% |
| Dividends Paid | €2.12 Billion | -1.94% |
| Other Changes | €-1.26 Billion | -1.15% |
| Total Change | €- | 6.19% |
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: 0.05x
- 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 | €0.13 | x |
| 2018-12-31 | €1.84 | €0.13 | x |
| 2019-12-31 | €2.05 | €0.13 | x |
| 2020-12-31 | €2.19 | €0.13 | x |
| 2021-12-31 | €2.19 | €0.13 | x |
| 2022-12-31 | €2.02 | €0.13 | x |
| 2023-12-31 | €2.20 | €0.13 | x |
| 2024-12-31 | €2.43 | €0.13 | x |
| 2025-12-31 | €2.58 | €0.13 | 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): 8.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.64%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 4.81x
- Recent ROE (8.91%) is above the historical average (6.57%), 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% | 9.35% | 0.22x | 4.92x | €231.43 Million |
| 2025 | 8.91% | 8.64% | 0.21x | 4.81x | €-1.19 Billion |
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: $12,054,079,556
- Average return on equity (ROE) among peers: 6.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Reinsurance (Group) Corporation (C53) | €119.31 Billion | 7.07% | 3.42x | $1.03 Billion |
| SIRIUSPOINT LTD. DL-10 (3XPA) | $1.94 Billion | 10.31% | 5.46x | $2.32 Billion |
| Maiden Holdings Ltd (4OWA) | $249.16 Million | -15.48% | 5.10x | $99.64 Million |
| COMSTOCK HLDG-A (CHO) | $867.20 Million | -5.06% | 0.40x | $738.28 Million |
| GREENLIGHT CAP.RE A DL-01 (G8L) | $635.88 Million | 6.73% | 2.17x | $500.81 Million |
| Hannover Rück SE (HNR1) | $11.84 Billion | 7.46% | 5.03x | $28.80 Billion |
| HANN.RUECKV.SE ADR 1/2/ON (HNRB) | $11.02 Billion | 16.56% | 4.96x | $30.91 Billion |
| Münchener Rück AG (MUV2) | $30.96 Billion | 10.03% | 7.93x | $70.09 Billion |
| MUENCH.RUECK.UNS.ADR 1/10 (MUVB) | $33.42 Billion | 18.31% | 7.38x | $70.34 Billion |
| RenaissanceRe Holdings Ltd (RRJ) | $17.55 Billion | 10.66% | 1.89x | $10.73 Billion |
About 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