China United Insurance Service Inc
China United Insurance Service, Inc., through its subsidiaries, provides brokerage services related to life, and property and casualty insurance products in Taiwan, Hong Kong, and People's Republic of China. The company offers individual whole life, individual term life, individual health, accidental injury, investment-oriented, foreign currency insurance commodities, travel accident, individual … Read more
China United Insurance Service Inc (CUII) - Net Assets
Latest net assets as of March 2023: $80.77 Million USD
Based on the latest financial reports, China United Insurance Service Inc (CUII) has net assets worth $80.77 Million USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($139.33 Million) and total liabilities ($58.56 Million). 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 | $80.77 Million |
| % of Total Assets | 57.97% |
| Annual Growth Rate | 46.08% |
| 5-Year Change | 96.53% |
| 10-Year Change | 434.52% |
| Growth Volatility | 513.43 |
China United Insurance Service Inc - Net Assets Trend (2008–2022)
This chart illustrates how China United Insurance Service 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 China United Insurance Service Inc (2008–2022)
The table below shows the annual net assets of China United Insurance Service Inc from 2008 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $76.53 Million | +10.64% |
| 2021-12-31 | $69.17 Million | +25.23% |
| 2020-12-31 | $55.24 Million | +20.73% |
| 2019-12-31 | $45.75 Million | +17.48% |
| 2018-12-31 | $38.94 Million | +12.09% |
| 2017-12-31 | $34.74 Million | +42.70% |
| 2016-12-31 | $24.35 Million | +26.50% |
| 2015-12-31 | $19.25 Million | +39.34% |
| 2014-12-31 | $13.81 Million | -3.53% |
| 2013-12-31 | $14.32 Million | +1943.48% |
| 2012-12-31 | $700.67K | -11.16% |
| 2010-12-31 | $788.66K | +242.90% |
| 2009-12-31 | $230.00K | -39.47% |
| 2008-12-31 | $380.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to China United Insurance Service 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 2447850000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $23.38 Million | 53.93% |
| Common Stock | $303.00 | 0.00% |
| Other Comprehensive Income | $10.67 Million | 24.62% |
| Other Components | $9.30 Million | 21.45% |
| Total Equity | $43.35 Million | 100.00% |
China United Insurance Service Inc Competitors by Market Cap
The table below lists competitors of China United Insurance Service Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NatBridge Resources Ltd.
PINK:GEGCF
|
$1.56K |
|
Orcadian Energy PLC
LSE:ORCA
|
$1.56K |
|
Misr National Steel - Ataqa
EGX:ATQA
|
$1.56K |
|
PETROSEA (2P0N.SG)
STU:2P0N
|
$1.56K |
|
Banpu PCL
MU:NVAC
|
$1.56K |
|
MEAL3F
SA:MEAL3F
|
$1.55K |
|
Canada Jetlines Operations Ltd
PINK:CAJTF
|
$1.54K |
|
Pegasus Hotels of Ceylon PLC
CM:PEGN0000
|
$1.54K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China United Insurance Service Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 38,753,546 to 43,346,057, a change of 4,592,511 (11.9%).
- Net income of 11,101,163 contributed positively to equity growth.
- Other comprehensive income decreased equity by 5,095,621.
- Other factors decreased equity by 1,413,031.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.10 Million | +25.61% |
| Other Comprehensive Income | $-5.10 Million | -11.76% |
| Other Changes | $-1.41 Million | -3.26% |
| Total Change | $- | 11.85% |
Book Value vs Market Value Analysis
This analysis compares China United Insurance Service 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: 0.00x
- 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 |
|---|---|---|---|
| 2010-12-31 | $0.04 | $0.00 | x |
| 2012-12-31 | $0.03 | $0.00 | x |
| 2013-12-31 | $0.31 | $0.00 | x |
| 2014-12-31 | $0.26 | $0.00 | x |
| 2015-12-31 | $0.40 | $0.00 | x |
| 2016-12-31 | $0.48 | $0.00 | x |
| 2017-12-31 | $0.69 | $0.00 | x |
| 2018-12-31 | $0.77 | $0.00 | x |
| 2019-12-31 | $0.89 | $0.00 | x |
| 2020-12-31 | $1.04 | $0.00 | x |
| 2021-12-31 | $1.31 | $0.00 | x |
| 2022-12-31 | $1.43 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China United Insurance Service 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): 25.61%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.41%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 3.20x
- Recent ROE (25.61%) is above the historical average (14.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -41.84% | -12.04% | 1.55x | 2.25x | $-408.85K |
| 2012 | -14.77% | -3.28% | 1.72x | 2.62x | $-173.54K |
| 2013 | 83.80% | 19.07% | 1.17x | 3.75x | $6.36 Million |
| 2014 | -12.22% | -1.91% | 1.47x | 4.35x | $-1.65 Million |
| 2015 | 9.24% | 1.96% | 1.40x | 3.38x | $-89.24K |
| 2016 | 19.84% | 4.14% | 1.36x | 3.53x | $1.43 Million |
| 2017 | 34.06% | 9.82% | 1.23x | 2.82x | $5.05 Million |
| 2018 | 10.50% | 3.01% | 1.14x | 3.05x | $112.23K |
| 2019 | 22.47% | 6.15% | 1.07x | 3.40x | $3.27 Million |
| 2020 | 9.90% | 2.44% | 1.15x | 3.52x | $-30.38K |
| 2021 | 30.07% | 8.87% | 1.03x | 3.30x | $7.78 Million |
| 2022 | 25.61% | 8.41% | 0.95x | 3.20x | $6.77 Million |
Industry Comparison
This section compares China United Insurance Service Inc's net assets metrics with peer companies in the Insurance Brokers industry.
Industry Context
- Industry: Insurance Brokers
- Average net assets among peers: $1,975,144,349
- Average return on equity (ROE) among peers: 14.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China United Insurance Service Inc (CUII) | $80.77 Million | -41.84% | 0.73x | $1.56K |
| Fanhua Inc. (AIFU) | $3.33 Billion | 4.85% | 0.12x | $991.26K |
| Arthur J Gallagher & Co (AJG) | $3.23 Billion | 9.39% | 2.10x | $52.50 Billion |
| Aon PLC (AON) | $9.55 Billion | 38.70% | 4.32x | $66.69 Billion |
| Accelerant Holdings (ARX) | $427.00 Million | 6.37% | 13.27x | $668.60 Million |
| Brown & Brown Inc (BRO) | $27.20 Million | 29.41% | 3.90x | $20.06 Billion |
| The Baldwin Insurance Group, Inc. (BWIN) | $-96.25 Million | 0.00% | 0.00x | $1.98 Billion |
| Crawford & Company (CRD-B) | $207.80 Million | 17.08% | 0.52x | $205.68 Million |
| CorVel Corp (CRVL) | $194.81 Million | 23.97% | 0.63x | $1.55 Billion |
| eHealth Inc (EHTH) | $904.08 Million | -3.12% | 0.23x | $37.15 Million |