PICC PROPERTY -H-
PICC PROPERTY -H- operates in Diversified Metals & Mining.
PICC PROPERTY -H- (PJC) - Net Assets
Latest net assets as of December 2023: €234.30 Billion EUR
Based on the latest financial reports, PICC PROPERTY -H- (PJC) has net assets worth €234.30 Billion EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€703.62 Billion) and total liabilities (€469.32 Billion). 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 | €234.30 Billion |
| % of Total Assets | 33.3% |
| Annual Growth Rate | 10.12% |
| 5-Year Change | 37.86% |
| 10-Year Change | N/A |
| Growth Volatility | 4.91 |
PICC PROPERTY -H- - Net Assets Trend (2016–2023)
This chart illustrates how PICC PROPERTY -H-'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PICC PROPERTY -H- (2016–2023)
The table below shows the annual net assets of PICC PROPERTY -H- from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €234.30 Billion | +5.73% |
| 2022-12-31 | €221.60 Billion | +4.74% |
| 2021-12-31 | €211.57 Billion | +11.34% |
| 2020-12-31 | €190.03 Billion | +11.81% |
| 2019-12-31 | €169.95 Billion | +20.11% |
| 2018-12-31 | €141.50 Billion | +6.30% |
| 2017-12-31 | €133.11 Billion | +11.57% |
| 2016-12-31 | €119.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PICC PROPERTY -H-'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 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €231.42 Billion | 100.00% |
| Total Equity | €231.42 Billion | 100.00% |
PICC PROPERTY -H- Competitors by Market Cap
The table below lists competitors of PICC PROPERTY -H- ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SIMH3F
SA:SIMH3F
|
$17.45K |
|
ABS Marine Services Ltd
NSE:ABSMARINE-SM
|
$17.47K |
|
Colonial Motors PLC
CM:COLON0000
|
$17.47K |
|
Upsite Mexico S.A.P.I. de C.V
MX:FIBRAUP18
|
$17.49K |
|
Millat Tractors Ltd
KAR:MTL
|
$17.38K |
|
Streamex Corp
NASDAQ:STEX
|
$17.38K |
|
India Grid Trust
NSE:INDIGRID-IV
|
$17.36K |
|
Online Vacation Center Holdings Corp
OTCQX:ONVC
|
$17.34K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PICC PROPERTY -H-'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 218,713,000,000 to 231,420,000,000, a change of 12,707,000,000 (5.8%).
- Net income of 24,585,000,000 contributed positively to equity growth.
- Dividend payments of 10,632,000,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €24.59 Billion | +10.62% |
| Dividends Paid | €10.63 Billion | -4.59% |
| Other Changes | €-1.25 Billion | -0.54% |
| Total Change | €- | 5.81% |
Book Value vs Market Value Analysis
This analysis compares PICC PROPERTY -H-'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: 0.16x
- 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 0.29x to 0.16x 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 | €1.71 | x |
| 2018-12-31 | €6.36 | €1.71 | x |
| 2019-12-31 | €7.64 | €1.71 | x |
| 2020-12-31 | €8.43 | €1.71 | x |
| 2021-12-31 | €9.39 | €1.71 | x |
| 2022-12-31 | €9.83 | €1.71 | x |
| 2023-12-31 | €10.40 | €1.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PICC PROPERTY -H- 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): 10.62%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.58%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 3.04x
- Recent ROE (10.62%) is below the historical average (12.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 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 | 10.71% | 5.21% | 0.69x | 2.97x | €1.48 Billion |
| 2022 | 13.33% | 7.14% | 0.61x | 3.07x | €7.29 Billion |
| 2023 | 10.62% | 5.58% | 0.63x | 3.04x | €1.44 Billion |
Industry Comparison
This section compares PICC PROPERTY -H-'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PICC PROPERTY -H- (PJC) | €234.30 Billion | 15.10% | 2.00x | $17.45K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |