PICC Property and Casualty Company Limited (PJC) - Net Assets
Based on the latest financial reports, PICC Property and Casualty Company Limited (PJC) has net assets worth €288.70 Billion EUR (≈ $337.52 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 (€860.50 Billion ≈ $1.01 Trillion USD) and total liabilities (€571.79 Billion ≈ $668.49 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 PICC Property and Casualty Company Limit tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €288.70 Billion |
| % of Total Assets | 33.55% |
| Annual Growth Rate | 14.39% |
| 5-Year Change | 40.39% |
| 10-Year Change | 141.97% |
| Growth Volatility | 11.9 |
PICC Property and Casualty Company Limited - Net Assets Trend (2013–2025)
This chart illustrates how PICC Property and Casualty Company Limited's net assets have evolved over time, based on quarterly financial data. See PICC Property and Casualty Company Limit (PJC) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for PICC Property and Casualty Company Limited (2013–2025)
The table below shows the annual net assets of PICC Property and Casualty Company Limited from 2013 to 2025. For live valuation and market cap data, see PJC company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €288.70 Billion ≈ $337.52 Billion |
+10.77% |
| 2024-12-31 | €260.62 Billion ≈ $304.69 Billion |
+11.23% |
| 2023-12-31 | €234.30 Billion ≈ $273.93 Billion |
+10.13% |
| 2022-12-31 | €212.75 Billion ≈ $248.72 Billion |
+3.45% |
| 2021-12-31 | €205.65 Billion ≈ $240.43 Billion |
+8.22% |
| 2020-12-31 | €190.03 Billion ≈ $222.17 Billion |
+11.81% |
| 2019-12-31 | €169.95 Billion ≈ $198.69 Billion |
+20.11% |
| 2018-12-31 | €141.50 Billion ≈ $165.43 Billion |
+6.30% |
| 2017-12-31 | €133.11 Billion ≈ $155.62 Billion |
+11.57% |
| 2016-12-31 | €119.31 Billion ≈ $139.49 Billion |
+9.51% |
| 2015-12-31 | €108.95 Billion ≈ $127.38 Billion |
+27.02% |
| 2014-12-31 | €85.78 Billion ≈ $100.28 Billion |
+49.16% |
| 2013-12-31 | €57.50 Billion ≈ $67.23 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to PICC Property and Casualty 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 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €285.97 Billion | 100.00% |
| Total Equity | €285.97 Billion | 100.00% |
PICC Property and Casualty Company Limited Competitors by Market Cap
The table below lists competitors of PICC Property and Casualty Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Galaxy Securities Co Ltd Class A
SHG:601881
|
$13.54 Billion |
|
Schindler Ps
SW:SCHP
|
$13.54 Billion |
|
CoStar Group Inc
NASDAQ:CSGP
|
$13.55 Billion |
|
Omega Healthcare Investors Inc
NYSE:OHI
|
$13.55 Billion |
|
Uni-President Enterprises Corp
TW:1216
|
$13.53 Billion |
|
SOUTH32 Ltd
AU:S32
|
$13.53 Billion |
|
Mr. Cooper Group Inc
NASDAQ:COOP
|
$13.49 Billion |
|
Hanwha Systems Co Ltd
KO:272210
|
$13.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PICC Property and Casualty Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 257,924,000,000 to 285,974,000,000, a change of 28,050,000,000 (10.9%).
- Net income of 40,370,000,000 contributed positively to equity growth.
- Dividend payments of 12,723,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €40.37 Billion | +14.12% |
| Dividends Paid | €12.72 Billion | -4.45% |
| Other Changes | €403.00 Million | +0.14% |
| Total Change | €- | 10.88% |
Book Value vs Market Value Analysis
This analysis compares PICC Property and Casualty 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: 0.13x
- 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.
- The price-to-book ratio has decreased from 0.28x to 0.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €5.98 | €1.68 | x |
| 2018-12-31 | €6.36 | €1.68 | x |
| 2019-12-31 | €7.64 | €1.68 | x |
| 2020-12-31 | €8.43 | €1.68 | x |
| 2021-12-31 | €9.12 | €1.68 | x |
| 2022-12-31 | €9.43 | €1.68 | x |
| 2023-12-31 | €10.40 | €1.68 | x |
| 2024-12-31 | €11.60 | €1.68 | x |
| 2025-12-31 | €12.86 | €1.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PICC Property and Casualty 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): 14.12%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.89%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 3.01x
- Recent ROE (14.12%) is below the historical average (14.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 18.36% | 5.50% | 0.60x | 5.56x | €4.81 Billion |
| 2014 | 17.62% | 6.74% | 0.61x | 4.27x | €6.54 Billion |
| 2015 | 20.05% | 8.25% | 0.63x | 3.86x | €10.95 Billion |
| 2016 | 15.10% | 6.29% | 0.60x | 3.99x | €6.09 Billion |
| 2017 | 14.88% | 6.09% | 0.62x | 3.94x | €6.50 Billion |
| 2018 | 10.94% | 4.30% | 0.65x | 3.89x | €1.34 Billion |
| 2019 | 14.29% | 6.09% | 0.67x | 3.51x | €7.29 Billion |
| 2020 | 11.13% | 5.07% | 0.64x | 3.45x | €2.12 Billion |
| 2021 | 11.02% | 5.35% | 0.61x | 3.36x | €2.07 Billion |
| 2022 | 13.90% | 7.14% | 0.54x | 3.58x | €8.18 Billion |
| 2023 | 10.62% | 5.58% | 0.63x | 3.04x | €1.44 Billion |
| 2024 | 12.47% | 6.68% | 0.62x | 3.02x | €6.38 Billion |
| 2025 | 14.12% | 7.89% | 0.59x | 3.01x | €11.77 Billion |
Industry Comparison
This section compares PICC Property and Casualty Company Limited's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $35,643,064,000
- Average return on equity (ROE) among peers: 9.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PICC Property and Casualty Company Limited (PJC) | €288.70 Billion | 18.36% | 1.98x | $13.53 Billion |
| ZhongAn Online P & C Insurance Co. Ltd (1ZO) | $20.07 Billion | 20.31% | 1.14x | $2.16 Billion |
| POWSZECHNY Z.U.ADR /1 ZY1 (7PZ0) | $65.26 Billion | 8.19% | 6.71x | $12.87 Billion |
| REVO INSURANCE SPA O.N. (H0O) | $225.62 Million | 4.68% | 0.88x | $683.94 Million |
| Insurance Australia Group Limited (NRM) | $6.35 Billion | 6.85% | 3.67x | $10.48 Billion |
| The People's Insurance Company (Group) of China Limited (PIR) | $125.58 Billion | 10.44% | 5.23x | $6.02 Billion |
| WHITE MTNS INS. GRP DL 1 (WNI) | $3.70 Billion | -7.43% | 0.89x | $4.33 Billion |
| GJENSIDIGE FORSI.UNSP.ADR (XGJ0) | $28.31 Billion | 23.16% | 5.78x | $11.78 Billion |
About PICC Property and Casualty Company Limited
PICC Property and Casualty Company Limited, together with its subsidiaries, engages in property and casualty insurance business in People's Republic of China. It operates through six segments: motor vehicle, accidental injury and health, agriculture, Liability, Commercial Property, and Other. The company offers motor vehicle, commercial property, cargo, liability, accidental injury, short-term he… Read more