PING AN INSURANC.H ADR/2 (PZXB) - Net Assets
Based on the latest financial reports, PING AN INSURANC.H ADR/2 (PZXB) 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. Explore PING AN INSURANC.H ADR/2 (PZXB) cash flow conversion to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.43 Trillion |
| % of Total Assets | 10.12% |
| Annual Growth Rate | 7.06% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.43 |
PING AN INSURANC.H ADR/2 - Net Assets Trend (2021–2025)
This chart illustrates how PING AN INSURANC.H ADR/2's net assets have evolved over time, based on quarterly financial data. Explore investment intensity of PING AN INSURANC.H ADR/2 to see how much of total assets are deployed in long-term investments.
Annual Net Assets for PING AN INSURANC.H ADR/2 (2021–2025)
The table below shows the annual net assets of PING AN INSURANC.H ADR/2 from 2021 to 2025. For live valuation and market cap data, see market value of PING AN INSURANC.H ADR/2.
| 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 |
+3.62% |
| 2022-12-31 | €1.19 Trillion ≈ $1.39 Trillion |
+10.05% |
| 2021-12-31 | €1.08 Trillion ≈ $1.26 Trillion |
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Equity Component Analysis
This analysis shows how different components contribute to PING AN INSURANC.H ADR/2'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 34.7% 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 INSURANC.H ADR/2 Competitors by Market Cap
The table below lists competitors of PING AN INSURANC.H ADR/2 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aon PLC
F:4VK
|
$56.77 Billion |
|
Life Insurance Corporation Of India
NSE:LICI
|
$56.77 Billion |
|
WW Grainger Inc
NYSE:GWW
|
$56.83 Billion |
|
United Microelectronics Corporation
TW:2303
|
$56.83 Billion |
|
MPLX LP
NYSE:MPLX
|
$56.55 Billion |
|
HONGK.EXCH.+CLEA.UNSP.ADR
F:HK2
|
$56.49 Billion |
|
Deutsche Post AG
XETRA:DHL
|
$56.42 Billion |
|
BANK O.CHINA H ADR/25 YC1
F:W8VS
|
$55.92 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PING AN INSURANC.H ADR/2'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 INSURANC.H ADR/2'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: 0.24x
- 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 |
|---|---|---|---|
| 2021-12-31 | €44.44 | €13.00 | x |
| 2022-12-31 | €47.55 | €13.00 | x |
| 2023-12-31 | €49.37 | €13.00 | x |
| 2024-12-31 | €50.99 | €13.00 | x |
| 2025-12-31 | €55.25 | €13.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PING AN INSURANC.H ADR/2 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 above the historical average (12.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 12.51% | 9.61% | 0.10x | 12.48x | €20.38 Billion |
| 2022 | 12.77% | 14.53% | 0.07x | 12.67x | €24.09 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 INSURANC.H ADR/2's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $169,909,975,700
- Average return on equity (ROE) among peers: 15.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PING AN INSURANC.H ADR/2 (PZXB) | €1.43 Trillion | 12.51% | 8.88x | $56.60 Billion |
| CIG PANNONIA LIFE INSURA. (0CKA) | $18.74 Billion | 8.19% | 5.65x | $74.04 Million |
| China Pacific Insurance (Group) Co. Ltd (75C) | $119.19 Billion | 9.27% | 5.92x | $11.36 Billion |
| CHINA PAC.IN.GR.GDR/5 YC1 (75CB) | $318.48 Billion | 14.12% | 7.90x | $31.69 Billion |
| China Life Insurance Company Limited (CHL) | $608.39 Billion | 25.33% | 11.48x | $27.14 Billion |
| DISCOVERY LTD(UNSP.ADR)/3 (D3H0) | $40.82 Billion | 13.42% | 4.68x | $8.48 Billion |
| HANSARD GLOBAL PLC LS-50 (H9G) | $22.20 Million | 16.22% | 58.06x | $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) | $48.36 Billion | 13.25% | 12.31x | $6.35 Billion |
| Prudential plc (PRU2) | $21.36 Billion | 18.62% | 8.93x | $29.96 Billion |
| Ping An Insurance (Group) Company of China Ltd (PZX) | $413.57 Billion | 13.11% | 10.52x | $57.90 Billion |
About PING AN INSURANC.H ADR/2
Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for life insurance, property and casualty insurance, trust, securities, banking, and other businesses in the People's Republic of China. It operates through Life and Health Insurance; Property and Casualty Insurance; Banking; Asset Management; and Finance Enablement segments. The company offers life insuranc… Read more