China Taiping Insurance Holdings Company Limited
China Taiping Insurance Holdings Company Limited, an investment holding company, underwrites various insurance and reinsurance products in the People's Republic of China, Hong Kong, Macau, Singapore, and internationally. The company operates through three segments: Life Insurance Business, Property and Casualty Insurance Business, and Reinsurance Business. The Life Insurance Business segment prov… Read more
China Taiping Insurance Holdings Company Limited (HIUC) - Net Assets
Latest net assets as of June 2025: €136.43 Billion EUR
Based on the latest financial reports, China Taiping Insurance Holdings Company Limited (HIUC) has net assets worth €136.43 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 (€1.87 Trillion) and total liabilities (€1.74 Trillion). 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 | €136.43 Billion |
| % of Total Assets | 7.28% |
| Annual Growth Rate | 15.34% |
| 5-Year Change | 4.97% |
| 10-Year Change | 70.49% |
| Growth Volatility | 31.38 |
China Taiping Insurance Holdings Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how China Taiping Insurance Holdings Company Limited'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 Taiping Insurance Holdings Company Limited (2013–2024)
The table below shows the annual net assets of China Taiping Insurance Holdings Company Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €122.41 Billion | -7.68% |
| 2023-12-31 | €132.60 Billion | +34.36% |
| 2022-12-31 | €98.69 Billion | -13.02% |
| 2021-12-31 | €113.46 Billion | -2.71% |
| 2020-12-31 | €116.61 Billion | +23.98% |
| 2019-12-31 | €94.06 Billion | +16.99% |
| 2018-12-31 | €80.40 Billion | -1.62% |
| 2017-12-31 | €81.72 Billion | +21.97% |
| 2016-12-31 | €67.00 Billion | -6.68% |
| 2015-12-31 | €71.80 Billion | +39.85% |
| 2014-12-31 | €51.34 Billion | +101.66% |
| 2013-12-31 | €25.46 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Taiping Insurance Holdings Company Limited'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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €87.07 Billion | 100.00% |
| Total Equity | €87.07 Billion | 100.00% |
China Taiping Insurance Holdings Company Limited Competitors by Market Cap
The table below lists competitors of China Taiping Insurance Holdings Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COUSINS PTIES INC. DL 1
F:CPZ1
|
$3.40 Billion |
|
Shenzhen O-Film Tech Co Ltd
SHE:002456
|
$3.40 Billion |
|
Ambu A/S
PINK:AMBFF
|
$3.41 Billion |
|
ALLEGRO MICROSYS. DL-01
F:6V5
|
$3.41 Billion |
|
Umicore S.A.
BR:UMI
|
$3.40 Billion |
|
Azimut Holding SpA
LSE:0MHJ
|
$3.40 Billion |
|
AGL Energy Limited
F:N9Z1
|
$3.40 Billion |
|
SalMar ASA
PINK:SALRF
|
$3.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Taiping Insurance Holdings Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 94,979,634,000 to 87,070,894,000, a change of -7,908,740,000 (-8.3%).
- Net income of 8,431,613,000 contributed positively to equity growth.
- Dividend payments of 1,078,206,000 reduced retained earnings.
- Other factors decreased equity by 15,262,147,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €8.43 Billion | +9.68% |
| Dividends Paid | €1.08 Billion | -1.24% |
| Other Changes | €-15.26 Billion | -17.53% |
| Total Change | €- | -8.33% |
Book Value vs Market Value Analysis
This analysis compares China Taiping Insurance Holdings Company Limited'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: 0.10x
- 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 | €18.49 | €2.38 | x |
| 2018-12-31 | €18.29 | €2.38 | x |
| 2019-12-31 | €21.23 | €2.38 | x |
| 2020-12-31 | €25.22 | €2.38 | x |
| 2021-12-31 | €24.50 | €2.38 | x |
| 2022-12-31 | €21.01 | €2.38 | x |
| 2023-12-31 | €26.43 | €2.38 | x |
| 2024-12-31 | €24.23 | €2.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Taiping Insurance Holdings Company Limited 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): 9.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.27%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 19.92x
- Recent ROE (9.68%) is above the historical average (8.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 7.72% | 1.75% | 0.30x | 14.87x | €-489.21 Million |
| 2014 | 9.93% | 4.68% | 0.19x | 10.90x | €-28.34 Million |
| 2015 | 10.62% | 3.91% | 0.33x | 8.17x | €368.44 Million |
| 2016 | 8.50% | 2.84% | 0.33x | 9.00x | €-842.66 Million |
| 2017 | 9.24% | 3.10% | 0.30x | 10.03x | €-507.86 Million |
| 2018 | 10.47% | 3.21% | 0.29x | 11.44x | €310.58 Million |
| 2019 | 11.81% | 3.65% | 0.27x | 12.05x | €1.38 Billion |
| 2020 | 7.22% | 2.39% | 0.23x | 12.90x | €-2.52 Billion |
| 2021 | 8.53% | 2.37% | 0.23x | 15.65x | €-1.29 Billion |
| 2022 | 3.70% | 0.93% | 0.21x | 18.67x | €-4.75 Billion |
| 2023 | 6.52% | 5.83% | 0.07x | 15.89x | €-3.31 Billion |
| 2024 | 9.68% | 6.27% | 0.08x | 19.92x | €-275.48 Million |
Industry Comparison
This section compares China Taiping Insurance Holdings Company Limited's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $14,996,268,500,000
- Average return on equity (ROE) among peers: 8.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Taiping Insurance Holdings Company Limited (HIUC) | €136.43 Billion | 7.72% | 12.74x | $3.40 Billion |
| China Pacific Insurance (Group) Co. Ltd (75C) | $318.48 Billion | 14.12% | 7.90x | $24.50 Billion |
| PANIN INSURANCE (OA9) | $29.67 Trillion | 3.55% | 0.15x | $54.21 Million |