Citizens Inc
Citizens, Inc., is a diversified financial services company providing life, living benefits and final expense insurance and other financial products to individuals and small businesses in the U.S., Latin America, and Asia. The company operates in two segments, Life Insurance and Home Service Insurance. The Life Insurance segment sells U.S. dollar-denominated whole life insurance, endowment, and c… Read more
Citizens Inc (CIA) - Net Assets
Latest net assets as of September 2025: $225.60 Million USD
Based on the latest financial reports, Citizens Inc (CIA) has net assets worth $225.60 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.74 Billion) and total liabilities ($1.52 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 | $225.60 Million |
| % of Total Assets | 12.95% |
| Annual Growth Rate | 14.98% |
| 5-Year Change | -30.1% |
| 10-Year Change | -13.26% |
| Growth Volatility | 51.77 |
Citizens Inc - Net Assets Trend (1987–2024)
This chart illustrates how Citizens Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Citizens Inc (1987–2024)
The table below shows the annual net assets of Citizens Inc from 1987 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $210.35 Million | +22.21% |
| 2023-12-31 | $172.13 Million | +34.70% |
| 2022-12-31 | $127.79 Million | -60.14% |
| 2021-12-31 | $320.57 Million | +6.52% |
| 2020-12-31 | $300.94 Million | +15.82% |
| 2019-12-31 | $259.84 Million | +38.41% |
| 2018-12-31 | $187.73 Million | -16.01% |
| 2017-12-31 | $223.51 Million | -10.27% |
| 2016-12-31 | $249.10 Million | +2.71% |
| 2015-12-31 | $242.52 Million | -6.13% |
| 2014-12-31 | $258.36 Million | +5.11% |
| 2013-12-31 | $245.81 Million | -6.57% |
| 2012-12-31 | $263.11 Million | +2.90% |
| 2011-12-31 | $255.69 Million | +12.32% |
| 2010-12-31 | $227.63 Million | +5.35% |
| 2009-12-31 | $216.07 Million | +25.96% |
| 2008-12-31 | $171.54 Million | -2.62% |
| 2007-12-31 | $176.16 Million | +26.18% |
| 2006-12-31 | $139.61 Million | +1.93% |
| 2005-12-31 | $136.96 Million | +1.36% |
| 2004-12-31 | $135.13 Million | +6.38% |
| 2003-12-31 | $127.03 Million | +24.79% |
| 2002-12-31 | $101.79 Million | +23.05% |
| 2001-12-31 | $82.72 Million | +7.00% |
| 2000-12-31 | $77.31 Million | +6.98% |
| 1999-12-31 | $72.27 Million | -3.52% |
| 1998-12-31 | $74.90 Million | -5.88% |
| 1997-12-31 | $79.58 Million | +18.99% |
| 1996-12-31 | $66.88 Million | +90.55% |
| 1995-12-31 | $35.10 Million | 0.00% |
| 1994-12-31 | $35.10 Million | +24.03% |
| 1993-12-31 | $28.30 Million | +24.12% |
| 1992-12-31 | $22.80 Million | +74.05% |
| 1991-12-31 | $13.10 Million | +63.75% |
| 1990-12-31 | $8.00 Million | +23.08% |
| 1989-12-31 | $6.50 Million | +38.30% |
| 1988-12-31 | $4.70 Million | +291.67% |
| 1987-12-31 | $1.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Citizens Inc'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 5736200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $57.06 Million | 27.13% |
| Common Stock | $272.98 Million | 129.77% |
| Other Comprehensive Income | $-95.97 Million | -45.62% |
| Total Equity | $210.35 Million | 100.00% |
Citizens Inc Competitors by Market Cap
The table below lists competitors of Citizens Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiwan Navigation Co Ltd
TW:2617
|
$217.02 Million |
|
Guangdong Deerma Technology Co. Ltd. A
SHE:301332
|
$217.02 Million |
|
Chongqing Xishan Science&Technology Co. Ltd. A
SHG:688576
|
$217.07 Million |
|
Zhejiang Golden Eagle Co Ltd
SHG:600232
|
$217.11 Million |
|
Shanghai Welltech Automation Co Ltd
SHE:002058
|
$217.00 Million |
|
D-Link Corp
TW:2332
|
$217.00 Million |
|
Amper S.A.
PINK:APMRF
|
$216.95 Million |
|
Alphamin Resources Corp
PINK:AFMJF
|
$216.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Citizens Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 172,129,000 to 210,355,000, a change of 38,226,000 (22.2%).
- Net income of 14,912,000 contributed positively to equity growth.
- Share repurchases of 393,000 reduced equity.
- Other comprehensive income increased equity by 22,190,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $14.91 Million | +7.09% |
| Share Repurchases | $393.00K | -0.19% |
| Other Comprehensive Income | $22.19 Million | +10.55% |
| Other Changes | $1.52 Million | +0.72% |
| Total Change | $- | 22.21% |
Book Value vs Market Value Analysis
This analysis compares Citizens Inc'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: 1.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 96.73x to 1.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1987-12-31 | $0.05 | $4.81 | x |
| 1988-12-31 | $0.19 | $4.81 | x |
| 1989-12-31 | $0.23 | $4.81 | x |
| 1990-12-31 | $0.38 | $4.81 | x |
| 1991-12-31 | $0.57 | $4.81 | x |
| 1992-12-31 | $0.87 | $4.81 | x |
| 1993-12-31 | $1.08 | $4.81 | x |
| 1994-12-31 | $1.37 | $4.81 | x |
| 1995-12-31 | $1.30 | $4.81 | x |
| 1996-12-31 | $2.31 | $4.81 | x |
| 1997-12-31 | $2.36 | $4.81 | x |
| 1998-12-31 | $2.17 | $4.81 | x |
| 1999-12-31 | $2.02 | $4.81 | x |
| 2000-12-31 | $2.14 | $4.81 | x |
| 2001-12-31 | $2.39 | $4.81 | x |
| 2002-12-31 | $2.87 | $4.81 | x |
| 2003-12-31 | $3.22 | $4.81 | x |
| 2004-12-31 | $3.30 | $4.81 | x |
| 2005-12-31 | $3.33 | $4.81 | x |
| 2006-12-31 | $3.23 | $4.81 | x |
| 2007-12-31 | $4.24 | $4.81 | x |
| 2008-12-31 | $3.94 | $4.81 | x |
| 2009-12-31 | $4.45 | $4.81 | x |
| 2010-12-31 | $4.58 | $4.81 | x |
| 2011-12-31 | $5.13 | $4.81 | x |
| 2012-12-31 | $5.26 | $4.81 | x |
| 2013-12-31 | $4.91 | $4.81 | x |
| 2014-12-31 | $5.16 | $4.81 | x |
| 2015-12-31 | $4.84 | $4.81 | x |
| 2016-12-31 | $4.97 | $4.81 | x |
| 2017-12-31 | $4.46 | $4.81 | x |
| 2018-12-31 | $3.74 | $4.81 | x |
| 2019-12-31 | $5.23 | $4.81 | x |
| 2020-12-31 | $6.09 | $4.81 | x |
| 2021-12-31 | $6.35 | $4.81 | x |
| 2022-12-31 | $2.51 | $4.81 | x |
| 2023-12-31 | $3.40 | $4.81 | x |
| 2024-12-31 | $4.15 | $4.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Citizens Inc 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): 7.09%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.09%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 8.01x
- Recent ROE (7.09%) is above the historical average (5.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1987 | 8.33% | 10.00% | 0.17x | 4.92x | $-20.00K |
| 1988 | -14.89% | -5.60% | 0.28x | 9.57x | $-1.17 Million |
| 1989 | -6.15% | -2.30% | 0.32x | 8.37x | $-1.05 Million |
| 1990 | 18.75% | 7.28% | 0.33x | 7.71x | $700.00K |
| 1991 | 35.11% | 16.49% | 0.37x | 5.83x | $3.29 Million |
| 1992 | 17.54% | 11.53% | 0.31x | 4.93x | $1.72 Million |
| 1993 | 19.53% | 12.92% | 0.32x | 4.74x | $2.70 Million |
| 1994 | 11.97% | 8.52% | 0.33x | 4.27x | $690.00K |
| 1995 | 11.89% | 8.48% | 0.33x | 4.27x | $665.00K |
| 1996 | 3.29% | 3.44% | 0.30x | 3.21x | $-4.49 Million |
| 1997 | 4.30% | 5.27% | 0.26x | 3.14x | $-4.53 Million |
| 1998 | -8.97% | -9.25% | 0.29x | 3.38x | $-14.21 Million |
| 1999 | 1.76% | 1.77% | 0.28x | 3.54x | $-5.96 Million |
| 2000 | 2.66% | 3.08% | 0.25x | 3.46x | $-5.68 Million |
| 2001 | 4.79% | 5.86% | 0.24x | 3.41x | $-4.31 Million |
| 2002 | 4.18% | 5.13% | 0.25x | 3.21x | $-5.93 Million |
| 2003 | 2.46% | 3.40% | 0.24x | 3.07x | $-9.58 Million |
| 2004 | 5.72% | 7.74% | 0.15x | 4.89x | $-5.78 Million |
| 2005 | 5.33% | 5.14% | 0.21x | 4.83x | $-6.39 Million |
| 2006 | 6.22% | 5.49% | 0.22x | 5.09x | $-5.28 Million |
| 2007 | 9.40% | 9.76% | 0.22x | 4.47x | $-1.06 Million |
| 2008 | -9.16% | -10.71% | 0.18x | 4.85x | $-32.86 Million |
| 2009 | 8.02% | 9.18% | 0.20x | 4.29x | $-4.27 Million |
| 2010 | 6.46% | 7.73% | 0.19x | 4.33x | $-8.06 Million |
| 2011 | 3.32% | 4.37% | 0.18x | 4.27x | $-17.09 Million |
| 2012 | 1.72% | 2.23% | 0.17x | 4.47x | $-21.78 Million |
| 2013 | 1.95% | 2.24% | 0.18x | 4.95x | $-19.79 Million |
| 2014 | -2.31% | -2.59% | 0.16x | 5.49x | $-31.81 Million |
| 2015 | -1.30% | -1.33% | 0.16x | 6.12x | $-27.39 Million |
| 2016 | 0.79% | 0.80% | 0.15x | 6.36x | $-22.94 Million |
| 2017 | -17.06% | -15.09% | 0.15x | 7.36x | $-60.48 Million |
| 2018 | -5.89% | -4.53% | 0.15x | 8.61x | $-29.84 Million |
| 2019 | -0.53% | -0.55% | 0.14x | 6.72x | $-27.35 Million |
| 2020 | -3.65% | -4.60% | 0.13x | 6.13x | $-41.08 Million |
| 2021 | 22.68% | 29.02% | 0.14x | 5.79x | $40.65 Million |
| 2022 | 20.35% | 11.18% | 0.15x | 12.45x | $13.23 Million |
| 2023 | 14.20% | 10.15% | 0.14x | 9.70x | $7.22 Million |
| 2024 | 7.09% | 6.09% | 0.15x | 8.01x | $-6.12 Million |
Industry Comparison
This section compares Citizens Inc's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $58,674,972,125
- Average return on equity (ROE) among peers: 26.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Citizens Inc (CIA) | $225.60 Million | 8.33% | 6.72x | $217.00 Million |
| AIA Group Ltd (AAIGF) | $181.58 Billion | 2.29% | 0.02x | $75.83 Billion |
| Atlantic American Corporation (AAME) | $31.80 Million | 29.56% | 5.46x | $10.89 Million |
| Abacus Life Inc. (ABL) | $766.89K | 130.06% | 1.40x | $276.35 Million |
| Abacus Global Management, Inc. (ABX) | $1.30 Million | 50.90% | 0.12x | $92.43K |
| Aflac Incorporated (AFL) | $1.75 Billion | 16.71% | 10.58x | $56.35 Billion |
| Anadolu Hayat Emeklilik Anonim Sirketi (AUHYF) | $1.88 Billion | 37.14% | 26.33x | $90.55 Million |
| Brighthouse Financial Inc (BHF) | $14.86 Billion | -19.78% | 13.93x | $3.36 Billion |
| Challenger Limited (CFIGF) | $3.25 Billion | -12.80% | 7.79x | $1.66 Billion |
| China Life Insurance Co Ltd (CILJF) | $324.71 Billion | 0.30% | 0.01x | $16.34 Billion |