People's Insurance of China Ltd (601319) - Net Assets

Latest as of June 2025: CN¥389.46 Billion CNY ≈ $56.99 Billion USD

Based on the latest financial reports, People's Insurance of China Ltd (601319) has net assets worth CN¥389.46 Billion CNY (≈ $56.99 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 (CN¥1.88 Trillion ≈ $274.88 Billion USD) and total liabilities (CN¥1.49 Trillion ≈ $217.89 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. Check 601319 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore People's Insurance of China Ltd asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see People's Insurance of China Ltd (601319) market capitalisation.

Year	Net Assets	Change
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	--

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
EQT AB (publ) ST:EQT	$37.38 Billion
Gold Fields Ltd ADR NYSE:GFI	$37.40 Billion
Constellation Software Inc. TO:CSU	$37.43 Billion
ABB PAR AB B ADR/1/2/SK 1 F:ALZ	$37.49 Billion
China Pacific Insurance Group Co Ltd SHG:601601	$37.29 Billion
KOMATSU LTD. SPONS. ADR 1 F:KOMA	$37.13 Billion
Shaanxi Coal Industry Co Ltd SHG:601225	$37.07 Billion
Galderma Group N SW:GALD	$37.01 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: 1.19x
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 9.72x to 1.19x 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¥7.18	x
2012-12-31	CN¥1.87	CN¥7.18	x
2013-12-31	CN¥1.69	CN¥7.18	x
2014-12-31	CN¥2.18	CN¥7.18	x
2015-12-31	CN¥2.74	CN¥7.18	x
2016-12-31	CN¥2.97	CN¥7.18	x
2017-12-31	CN¥3.24	CN¥7.18	x
2018-12-31	CN¥3.59	CN¥7.18	x
2019-12-31	CN¥4.15	CN¥7.18	x
2020-12-31	CN¥4.58	CN¥7.18	x
2021-12-31	CN¥4.96	CN¥7.18	x
2022-12-31	CN¥5.01	CN¥7.18	x
2023-12-31	CN¥5.48	CN¥7.18	x
2024-12-31	CN¥6.06	CN¥7.18	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.

About People's Insurance of China Ltd

SHG:601319 China Insurance - Property & Casualty

Market Cap

$37.30 Billion

CN¥254.87 Billion CNY

Market Cap Rank

#715 Global

#41 in China

Share Price

CN¥7.18

Change (1 day)

-0.28%

52-Week Range

CN¥7.10 - CN¥9.93

All Time High

CN¥11.50