People's Insurance of China Ltd
The People's Insurance Company (Group) of China Limited, an investment holding company, provides insurance products and services in the People's Republic of China and Hong Kong. It operates through Property and Casualty Insurance, Life Insurance, Health Insurance, Asset Management, and Headquarters and Other segments. The company also provides motor vehicle, agricultural, accidental injury and he… Read more
People's Insurance of China Ltd (601319) - Net Assets
Latest net assets as of June 2025: CN¥389.46 Billion CNY
Based on the latest financial reports, People's Insurance of China Ltd (601319) has net assets worth CN¥389.46 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.88 Trillion) and total liabilities (CN¥1.49 Trillion). 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 | CN¥389.46 Billion |
| % of Total Assets | 20.73% |
| Annual Growth Rate | -3.06% |
| 5-Year Change | 34.31% |
| 10-Year Change | 133.74% |
| Growth Volatility | 27.32 |
People's Insurance of China Ltd - Net Assets Trend (2011–2024)
This chart illustrates how People's Insurance of China 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 People's Insurance of China Ltd (2011–2024)
The table below shows the annual net assets of People's Insurance of China Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥367.42 Billion | +10.37% |
| 2023-12-31 | CN¥332.90 Billion | +10.62% |
| 2022-12-31 | CN¥300.95 Billion | +1.37% |
| 2021-12-31 | CN¥296.89 Billion | +8.53% |
| 2020-12-31 | CN¥273.56 Billion | +10.62% |
| 2019-12-31 | CN¥247.30 Billion | +19.87% |
| 2018-12-31 | CN¥206.30 Billion | +10.39% |
| 2017-12-31 | CN¥186.88 Billion | +9.29% |
| 2016-12-31 | CN¥170.99 Billion | +8.78% |
| 2015-12-31 | CN¥157.19 Billion | +25.18% |
| 2014-12-31 | CN¥125.58 Billion | +32.46% |
| 2013-12-31 | CN¥94.80 Billion | +13.75% |
| 2012-12-31 | CN¥83.34 Billion | -84.85% |
| 2011-12-31 | CN¥550.16 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to People's Insurance of China 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 18574800000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥185.75 Billion | 69.09% |
| Common Stock | CN¥44.22 Billion | 16.45% |
| Other Comprehensive Income | CN¥13.59 Billion | 5.05% |
| Other Components | CN¥25.30 Billion | 9.41% |
| Total Equity | CN¥268.87 Billion | 100.00% |
People's Insurance of China Ltd Competitors by Market Cap
The table below lists competitors of People's Insurance of China Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Haitong Securities Co Ltd
SHG:600837
|
$13.43 Billion |
|
News Corp B
NASDAQ:NWS
|
$13.43 Billion |
|
ENEOS Holdings Inc
PINK:JXHGF
|
$13.45 Billion |
|
Tata Steel Limited
PINK:TATLY
|
$13.46 Billion |
|
Toll Brothers Inc
NYSE:TOL
|
$13.40 Billion |
|
China Minsheng Banking Corp Ltd
SHG:600016
|
$13.37 Billion |
|
Nordson Corporation
NASDAQ:NDSN
|
$13.37 Billion |
|
Embraer S.A.
NYSE:EMBJ
|
$13.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in People's Insurance of China Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 242,355,000,000 to 268,866,000,000, a change of 26,511,000,000 (10.9%).
- Net income of 42,151,000,000 contributed positively to equity growth.
- Dividend payments of 11,866,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 10,564,000,000.
- Other factors decreased equity by 14,338,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥42.15 Billion | +15.68% |
| Dividends Paid | CN¥11.87 Billion | -4.41% |
| Other Comprehensive Income | CN¥10.56 Billion | +3.93% |
| Other Changes | CN¥-14.34 Billion | -5.33% |
| Total Change | CN¥- | 10.94% |
Book Value vs Market Value Analysis
This analysis compares People's Insurance of China 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: 1.40x
- 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 11.45x to 1.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.74 | CN¥8.46 | x |
| 2012-12-31 | CN¥1.87 | CN¥8.46 | x |
| 2013-12-31 | CN¥1.69 | CN¥8.46 | x |
| 2014-12-31 | CN¥2.18 | CN¥8.46 | x |
| 2015-12-31 | CN¥2.74 | CN¥8.46 | x |
| 2016-12-31 | CN¥2.97 | CN¥8.46 | x |
| 2017-12-31 | CN¥3.24 | CN¥8.46 | x |
| 2018-12-31 | CN¥3.59 | CN¥8.46 | x |
| 2019-12-31 | CN¥4.15 | CN¥8.46 | x |
| 2020-12-31 | CN¥4.58 | CN¥8.46 | x |
| 2021-12-31 | CN¥4.96 | CN¥8.46 | x |
| 2022-12-31 | CN¥5.01 | CN¥8.46 | x |
| 2023-12-31 | CN¥5.48 | CN¥8.46 | x |
| 2024-12-31 | CN¥6.06 | CN¥8.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently People's Insurance of China 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): 15.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.04%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 6.57x
- Recent ROE (15.68%) is above the historical average (12.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 16.54% | 2.23% | 0.40x | 18.67x | CN¥2.05 Billion |
| 2012 | 10.45% | 2.67% | 0.37x | 10.53x | CN¥294.60 Million |
| 2013 | 11.35% | 2.68% | 0.40x | 10.55x | CN¥963.50 Million |
| 2014 | 14.16% | 3.74% | 0.45x | 8.45x | CN¥3.85 Billion |
| 2015 | 16.83% | 4.83% | 0.48x | 7.26x | CN¥7.93 Billion |
| 2016 | 11.30% | 3.22% | 0.47x | 7.39x | CN¥1.63 Billion |
| 2017 | 11.71% | 3.34% | 0.49x | 7.18x | CN¥2.35 Billion |
| 2018 | 8.44% | 2.60% | 0.48x | 6.74x | CN¥-2.39 Billion |
| 2019 | 12.07% | 4.03% | 0.49x | 6.18x | CN¥3.79 Billion |
| 2020 | 9.90% | 3.46% | 0.46x | 6.20x | CN¥-212.00 Million |
| 2021 | 9.79% | 3.63% | 0.43x | 6.28x | CN¥-449.60 Million |
| 2022 | 11.44% | 5.34% | 0.31x | 6.80x | CN¥3.19 Billion |
| 2023 | 9.21% | 4.21% | 0.34x | 6.42x | CN¥-1.91 Billion |
| 2024 | 15.68% | 7.04% | 0.34x | 6.57x | CN¥15.26 Billion |
Industry Comparison
This section compares People's Insurance of China Ltd's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
No peer company data available for comparison.