ZhongAn Online P & C Insurance Co. Ltd
ZhongAn Online P & C Insurance Co., Ltd., an Internet-based Insurtech company, provides internet insurance and insurance information technology services in the People's Republic of China. It operates through Insurance, Technology, Banking, and Others segments. The company offers critical illness, health, and outpatient and emergency insurance; e-commerce insurance; flight accident, flight delay, … Read more
ZhongAn Online P & C Insurance Co. Ltd (ZZHGF) - Net Assets
Latest net assets as of June 2025: $21.56 Billion USD
Based on the latest financial reports, ZhongAn Online P & C Insurance Co. Ltd (ZZHGF) has net assets worth $21.56 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($43.45 Billion) and total liabilities ($21.89 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 | $21.56 Billion |
| % of Total Assets | 49.62% |
| Annual Growth Rate | 31.86% |
| 5-Year Change | 20.31% |
| 10-Year Change | 203.36% |
| Growth Volatility | 166.25 |
ZhongAn Online P & C Insurance Co. Ltd - Net Assets Trend (2013–2024)
This chart illustrates how ZhongAn Online P & C Insurance Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ZhongAn Online P & C Insurance Co. Ltd (2013–2024)
The table below shows the annual net assets of ZhongAn Online P & C Insurance Co. Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $20.93 Billion | +4.25% |
| 2023-12-31 | $20.07 Billion | +17.89% |
| 2022-12-31 | $17.03 Billion | -11.00% |
| 2021-12-31 | $19.13 Billion | +9.99% |
| 2020-12-31 | $17.39 Billion | +5.38% |
| 2019-12-31 | $16.51 Billion | +0.19% |
| 2018-12-31 | $16.47 Billion | -4.61% |
| 2017-12-31 | $17.27 Billion | +151.80% |
| 2016-12-31 | $6.86 Billion | -0.57% |
| 2015-12-31 | $6.90 Billion | +575.93% |
| 2014-12-31 | $1.02 Billion | +2.21% |
| 2013-12-31 | $998.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ZhongAn Online P & C Insurance Co. 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 249063809400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.46 Billion | 11.76% |
| Common Stock | $1.47 Billion | 7.02% |
| Other Components | $17.00 Billion | 81.22% |
| Total Equity | $20.93 Billion | 100.00% |
ZhongAn Online P & C Insurance Co. Ltd Competitors by Market Cap
The table below lists competitors of ZhongAn Online P & C Insurance Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NORDIC SEMICOND. ADS/1
F:N0S0
|
$2.12 Billion |
|
The Bancorp Inc
NASDAQ:TBBK
|
$2.12 Billion |
|
Traton SE
PINK:TRATF
|
$2.12 Billion |
|
MR. PRICE GROUP RC -025
F:M5M1
|
$2.13 Billion |
|
Koninklijke Heijmans N.V.
AS:HEIJM
|
$2.12 Billion |
|
Tibet Summit Resources Co Ltd
SHG:600338
|
$2.12 Billion |
|
Swire Properties Limited
PINK:SWPFF
|
$2.12 Billion |
|
Park National Corporation
NYSE MKT:PRK
|
$2.12 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZhongAn Online P & C Insurance Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,073,423,000 to 20,926,401,000, a change of 852,978,000 (4.2%).
- Net income of 603,456,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 16,732,129,000.
- Other factors increased equity by 16,981,651,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $603.46 Million | +2.88% |
| Other Comprehensive Income | $-16.73 Billion | -79.96% |
| Other Changes | $16.98 Billion | +81.15% |
| Total Change | $- | 4.25% |
Book Value vs Market Value Analysis
This analysis compares ZhongAn Online P & C Insurance Co. 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: 0.17x
- 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 3.53x to 0.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $0.68 | $2.40 | x |
| 2014-12-31 | $0.71 | $2.40 | x |
| 2015-12-31 | $4.79 | $2.40 | x |
| 2016-12-31 | $4.76 | $2.40 | x |
| 2017-12-31 | $13.22 | $2.40 | x |
| 2018-12-31 | $10.50 | $2.40 | x |
| 2019-12-31 | $10.15 | $2.40 | x |
| 2020-12-31 | $10.69 | $2.40 | x |
| 2021-12-31 | $11.39 | $2.40 | x |
| 2022-12-31 | $10.35 | $2.40 | x |
| 2023-12-31 | $13.66 | $2.40 | x |
| 2024-12-31 | $14.24 | $2.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZhongAn Online P & C Insurance Co. 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): 2.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.79%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 2.16x
- Recent ROE (2.88%) is above the historical average (-0.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -12.22% | -228.25% | 0.05x | 1.02x | $-217.60 Million |
| 2014 | 3.62% | 4.61% | 0.59x | 1.34x | $-65.08 Million |
| 2015 | 0.64% | 1.78% | 0.31x | 1.17x | $-645.57 Million |
| 2016 | 0.14% | 0.28% | 0.36x | 1.36x | $-676.53 Million |
| 2017 | -5.82% | -18.49% | 0.26x | 1.23x | $-2.71 Billion |
| 2018 | -11.30% | -18.26% | 0.36x | 1.71x | $-3.29 Billion |
| 2019 | -4.28% | -4.24% | 0.49x | 2.07x | $-2.13 Billion |
| 2020 | 3.53% | 3.01% | 0.40x | 2.91x | $-1.02 Billion |
| 2021 | 4.52% | 3.45% | 0.42x | 3.09x | $-917.74 Million |
| 2022 | -7.31% | -4.91% | 0.41x | 3.59x | $-2.63 Billion |
| 2023 | 20.31% | 13.95% | 0.68x | 2.14x | $2.07 Billion |
| 2024 | 2.88% | 1.79% | 0.74x | 2.16x | $-1.49 Billion |
Industry Comparison
This section compares ZhongAn Online P & C Insurance Co. Ltd's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $3,948,110,200
- Average return on equity (ROE) among peers: 16.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZhongAn Online P & C Insurance Co. Ltd (ZZHGF) | $21.56 Billion | -12.22% | 1.02x | $2.12 Billion |
| American Coastal Insurance Corp (ACIC) | $45.29 Million | -2.04% | 3.72x | $250.00 Million |
| American Financial Group Inc (AFG) | $1.95 Billion | -0.76% | 7.91x | $8.54 Billion |
| AmTrust Financial Services Inc Pref Series A (AFSIA) | $118.83 Million | 11.87% | 3.19x | $1.69 Billion |
| Aspen Insurance Holdings Limited (AHL) | $2.39 Billion | 15.82% | 1.78x | $14.67 Million |
| American Integrity Insurance Group, Inc. (AII) | $337.02 Million | 29.56% | 2.63x | $227.08 Million |
| Assurant Inc (AIZ) | $3.37 Billion | 2.66% | 6.24x | $10.74 Billion |
| The Allstate Corporation (ALL) | $30.61 Billion | 33.59% | 2.91x | $53.61 Billion |
| Admiral Group plc (AMIGF) | $68.95 Million | 44.87% | 4.47x | $10.33 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $398.81 Million | 11.81% | 1.82x | $155.46 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $192.08 Million | 13.04% | 4.35x | $707.67 Million |