People's Insurance of China Ltd Net Assets
People's Insurance of China Ltd net assets. Based on the latest financial reports, People's Insurance of China Ltd (601319) has net assets worth CN¥462.73 Billion CNY (≈ $67.71 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.12 Trillion ≈ $310.94 Billion USD) and total liabilities (CN¥1.66 Trillion ≈ $243.23 Billion USD). 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. Also explore 601319 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥462.73 Billion |
| % of Total Assets | 21.78% |
| Annual Growth Rate | -1.91% |
| 5-Year Change | 41.53% |
| 10-Year Change | 145.73% |
| Growth Volatility | 26.42 |
Net Assets of People's Insurance of China Ltd (2011–2025)
Net assets of People's Insurance of China Ltd from 2011 to 2025. This chart illustrates how People's Insurance of China Ltd's net assets have evolved over time, based on quarterly financial data. See People's Insurance of China Ltd balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for People's Insurance of China Ltd (2011–2025)
The table below shows the annual net assets of People's Insurance of China Ltd from 2011 to 2025. For live market cap and overall valuation, see market value of People's Insurance of China Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥420.19 Billion ≈ $61.49 Billion |
+14.36% |
| 2024-12-31 | CN¥367.42 Billion ≈ $53.77 Billion |
+10.37% |
| 2023-12-31 | CN¥332.90 Billion ≈ $48.71 Billion |
+10.62% |
| 2022-12-31 | CN¥300.95 Billion ≈ $44.04 Billion |
+1.37% |
| 2021-12-31 | CN¥296.89 Billion ≈ $43.44 Billion |
+8.53% |
| 2020-12-31 | CN¥273.56 Billion ≈ $40.03 Billion |
+10.62% |
| 2019-12-31 | CN¥247.30 Billion ≈ $36.19 Billion |
+19.87% |
| 2018-12-31 | CN¥206.30 Billion ≈ $30.19 Billion |
+10.39% |
| 2017-12-31 | CN¥186.88 Billion ≈ $27.35 Billion |
+9.29% |
| 2016-12-31 | CN¥170.99 Billion ≈ $25.02 Billion |
+8.78% |
| 2015-12-31 | CN¥157.19 Billion ≈ $23.00 Billion |
+25.18% |
| 2014-12-31 | CN¥125.58 Billion ≈ $18.38 Billion |
+32.46% |
| 2013-12-31 | CN¥94.80 Billion ≈ $13.87 Billion |
+13.75% |
| 2012-12-31 | CN¥83.34 Billion ≈ $12.20 Billion |
-84.85% |
| 2011-12-31 | CN¥550.16 Billion ≈ $80.51 Billion |
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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 21898300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
People's Insurance of China Ltd Net Assets Breakdown (December 2025)
People's Insurance of China Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥218.98 Billion | 70.87% |
| Common Stock | CN¥44.22 Billion | 14.31% |
| Other Comprehensive Income | CN¥21.81 Billion | 7.06% |
| Other Components | CN¥23.97 Billion | 7.76% |
| Total Equity | CN¥308.99 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 |
|---|---|
|
3I GROUP PLC ADR 1/2
F:IGQ
|
$38.56 Billion |
|
Quanta Computer Inc
TW:2382
|
$38.62 Billion |
|
Hyundai Motor Co. Ltd.
KO:005380
|
$38.68 Billion |
|
ERSTE GP BNK AG ADR 1/2
F:EBOR
|
$38.69 Billion |
|
Itau Unibanco Banco Holding SA
NYSE:ITUB
|
$38.53 Billion |
|
UCB SA
BR:UCB
|
$38.48 Billion |
|
FORTESCUE MET.GR.SP.ADR 2
F:FVJA
|
$38.47 Billion |
|
Saab AB (publ)
ST:SAAB-B
|
$38.45 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 2024 to 2025, total equity changed from 268,866,000,000 to 308,991,000,000, a change of 40,125,000,000 (14.9%).
- Net income of 46,646,000,000 contributed positively to equity growth.
- Dividend payments of 14,651,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 8,221,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥46.65 Billion | +15.1% |
| Dividends Paid | CN¥14.65 Billion | -4.74% |
| Other Comprehensive Income | CN¥8.22 Billion | +2.66% |
| Other Changes | CN¥-91.00 Million | -0.03% |
| Total Change | CN¥- | 14.92% |
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: 1.06x
- 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 10.04x to 1.06x 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¥7.42 | x |
| 2012-12-31 | CN¥1.87 | CN¥7.42 | x |
| 2013-12-31 | CN¥1.69 | CN¥7.42 | x |
| 2014-12-31 | CN¥2.18 | CN¥7.42 | x |
| 2015-12-31 | CN¥2.74 | CN¥7.42 | x |
| 2016-12-31 | CN¥2.97 | CN¥7.42 | x |
| 2017-12-31 | CN¥3.24 | CN¥7.42 | x |
| 2018-12-31 | CN¥3.59 | CN¥7.42 | x |
| 2019-12-31 | CN¥4.15 | CN¥7.42 | x |
| 2020-12-31 | CN¥4.58 | CN¥7.42 | x |
| 2021-12-31 | CN¥4.96 | CN¥7.42 | x |
| 2022-12-31 | CN¥5.01 | CN¥7.42 | x |
| 2023-12-31 | CN¥5.48 | CN¥7.42 | x |
| 2024-12-31 | CN¥6.06 | CN¥7.42 | x |
| 2025-12-31 | CN¥6.99 | CN¥7.42 | 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): 15.10%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.11%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 6.56x
- Recent ROE (15.10%) is above the historical average (12.26%), 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 |
| 2025 | 15.10% | 7.11% | 0.32x | 6.56x | CN¥15.75 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.
About People's Insurance of China Ltd
The People's Insurance Company (Group) of China Limited, an investment holding company, offers insurance products and services in the People's Republic of China and Hong Kong. It operates through Non-Life Insurance, Life Insurance, Health Insurance, Asset Management, and Other segments. The company provides motor vehicle, accidental injury and health, agricultural, liability, commercial property,… Read more