Ping An Insurance (Group) Company of China Ltd (PZX) - Net Assets

Latest as of March 2026: €1.43 Trillion EUR ≈ $1.68 Trillion USD

Based on the latest financial reports, Ping An Insurance (Group) Company of China Ltd (PZX) has net assets worth €1.43 Trillion EUR (≈ $1.68 Trillion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€14.17 Trillion ≈ $16.57 Trillion USD) and total liabilities (€12.74 Trillion ≈ $14.89 Trillion 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 tangible net worth ratio of Ping An Insurance (Group) Company of Chi to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€1.43 Trillion
% of Total Assets	10.12%
Annual Growth Rate	15.95%
5-Year Change	31.39%
10-Year Change	191.08%
Growth Volatility	11.1

Ping An Insurance (Group) Company of China Ltd - Net Assets Trend (2013–2025)

This chart illustrates how Ping An Insurance (Group) Company of China Ltd's net assets have evolved over time, based on quarterly financial data. See Ping An Insurance (Group) Company of Chi defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Ping An Insurance (Group) Company of China Ltd (2013–2025)

The table below shows the annual net assets of Ping An Insurance (Group) Company of China Ltd from 2013 to 2025. For live valuation and market cap data, see Ping An Insurance (Group) Company of Chi stock valuation.

Year	Net Assets	Change
2025-12-31	€1.42 Trillion ≈ $1.66 Trillion	+8.53%
2024-12-31	€1.30 Trillion ≈ $1.53 Trillion	+6.16%
2023-12-31	€1.23 Trillion ≈ $1.44 Trillion	+4.57%
2022-12-31	€1.18 Trillion ≈ $1.37 Trillion	+9.05%
2021-12-31	€1.08 Trillion ≈ $1.26 Trillion	+9.09%
2020-12-31	€987.90 Billion ≈ $1.15 Trillion	+15.90%
2019-12-31	€852.37 Billion ≈ $996.51 Billion	+24.68%
2018-12-31	€683.64 Billion ≈ $799.25 Billion	+16.28%
2017-12-31	€587.92 Billion ≈ $687.34 Billion	+20.86%
2016-12-31	€486.46 Billion ≈ $568.72 Billion	+17.62%
2015-12-31	€413.57 Billion ≈ $483.51 Billion	+16.89%
2014-12-31	€353.82 Billion ≈ $413.65 Billion	+47.60%
2013-12-31	€239.71 Billion ≈ $280.24 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Ping An Insurance (Group) Company of China 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 733.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	€766.91 Billion	76.66%
Other Components	€233.50 Billion	23.34%
Total Equity	€1.00 Trillion	100.00%

Ping An Insurance (Group) Company of China Ltd Competitors by Market Cap

The table below lists competitors of Ping An Insurance (Group) Company of China Ltd ranked by their market capitalization.

Company	Market Cap
ASS.GENERALI ADR 1/2/EO 1 F:ASG0	$54.86 Billion
Ford Motor Company NYSE:F	$55.15 Billion
Digital Realty Trust Inc NYSE:DLR	$55.29 Billion
Cenovus Energy Inc TO:CVE	$55.31 Billion
Carrier Global Corp NYSE:CARR	$54.72 Billion
ONEOK Inc NYSE:OKE	$54.59 Billion
Rheinmetall AG F:RHM	$54.57 Billion
Elite Material Co Ltd TW:2383	$54.53 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ping An Insurance (Group) Company of China Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 928,600,000,000 to 1,000,419,000,000, a change of 71,819,000,000 (7.7%).
Net income of 134,778,000,000 contributed positively to equity growth.
Dividend payments of 67,201,000,000 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€134.78 Billion	+13.47%
Dividends Paid	€67.20 Billion	-6.72%
Other Changes	€4.24 Billion	+0.42%
Total Change	€-	7.73%

Book Value vs Market Value Analysis

This analysis compares Ping An Insurance (Group) Company of China 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: 0.11x
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 0.24x to 0.11x 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	€25.89	€6.30	x
2018-12-31	€30.44	€6.30	x
2019-12-31	€36.82	€6.30	x
2020-12-31	€41.71	€6.30	x
2021-12-31	€44.44	€6.30	x
2022-12-31	€46.97	€6.30	x
2023-12-31	€49.37	€6.30	x
2024-12-31	€50.99	€6.30	x
2025-12-31	€55.25	€6.30	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ping An Insurance (Group) Company of China 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): 13.47%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 14.53%
• Asset Turnover: 0.07x
• Equity Multiplier: 13.89x
Recent ROE (13.47%) is below the historical average (15.34%), 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	15.41%	6.63%	0.13x	18.39x	€9.88 Billion
2014	13.56%	7.36%	0.13x	13.83x	€10.32 Billion
2015	16.22%	7.78%	0.15x	14.26x	€20.78 Billion
2016	16.27%	9.77%	0.11x	14.54x	€24.05 Billion
2017	18.82%	10.83%	0.13x	13.72x	€41.75 Billion
2018	19.30%	12.03%	0.13x	12.84x	€51.75 Billion
2019	22.19%	14.02%	0.13x	12.22x	€82.09 Billion
2020	18.77%	12.85%	0.12x	12.49x	€66.84 Billion
2021	12.51%	9.57%	0.10x	12.48x	€20.38 Billion
2022	9.76%	8.50%	0.09x	12.97x	€-2.09 Billion
2023	9.53%	10.68%	0.07x	12.88x	€-4.24 Billion
2024	13.63%	13.81%	0.07x	13.95x	€33.75 Billion
2025	13.47%	14.53%	0.07x	13.89x	€34.74 Billion

Industry Comparison

This section compares Ping An Insurance (Group) Company of China Ltd's net assets metrics with peer companies in the Insurance - Life industry.

Industry Context

Industry: Insurance - Life
Average net assets among peers: $152,806,784,111
Average return on equity (ROE) among peers: 12.27%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ping An Insurance (Group) Company of China Ltd (PZX)	€1.43 Trillion	15.41%	8.88x	$54.85 Billion
CIG PANNONIA LIFE INSURA. (0CKA)	$18.74 Billion	8.19%	5.65x	$74.04 Million
China Pacific Insurance (Group) Co. Ltd (75C)	$234.13 Billion	10.51%	8.30x	$11.16 Billion
CHINA PAC.IN.GR.GDR/5 YC1 (75CB)	$334.22 Billion	16.01%	8.41x	$30.41 Billion
China Life Insurance Company Limited (CHL)	$486.66 Billion	10.46%	9.05x	$26.19 Billion
DISCOVERY LTD(UNSP.ADR)/3 (D3H0)	$65.70 Billion	14.56%	3.98x	$8.48 Billion
HANSARD GLOBAL PLC LS-50 (H9G)	$16.50 Million	10.91%	80.81x	$81.93 Million
SANLAM LTD RC-01 ADR/2 (LA6S)	$110.16 Billion	20.19%	9.29x	$10.98 Billion
New China Life Insurance Company Ltd (NCL)	$108.51 Billion	13.77%	9.39x	$6.35 Billion
Prudential plc (PRU2)	$17.13 Billion	5.83%	8.69x	$29.96 Billion

About Ping An Insurance (Group) Company of China Ltd

F:PZX Germany Insurance - Life

Market Cap

$54.85 Billion

€46.92 Billion EUR

Market Cap Rank

#481 Global

#99 in Germany

Share Price

€6.30

Change (1 day)

-3.95%

52-Week Range

€5.12 - €7.97

All Time High

€7.97