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

Latest as of December 2025: CN¥420.19 Billion CNY ≈ $61.49 Billion USD

Based on the latest financial reports, People's Insurance of China Ltd (601319) has net assets worth CN¥420.19 Billion CNY (≈ $61.49 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.03 Trillion ≈ $296.71 Billion USD) and total liabilities (CN¥1.61 Trillion ≈ $235.23 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. Check 601319 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥420.19 Billion
% of Total Assets 20.72%
Annual Growth Rate -1.91%
5-Year Change 41.53%
10-Year Change 145.73%
Growth Volatility 26.42

People's Insurance of China Ltd - Net Assets Trend (2011–2025)

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 (601319) defensive interval to measure how many days the company can operate on defensive assets alone.

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

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		 --

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.

Current Equity Component Breakdown (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
Crown Castle
NYSE:CCI
 $36.18 Billion
UltraTech Cement Limited
NSE:ULTRACEMCO
 $36.23 Billion
Telefonaktiebolaget LM Ericsson (publ)
ST:ERIC-B
 $36.28 Billion
EQT AB (publ)
ST:EQT
 $36.32 Billion
Heineken
AS:HEIA
 $35.96 Billion
Keysight Technologies Inc
NYSE:KEYS
 $35.96 Billion
Chunghwa Telecom Co
TW:2412
 $35.80 Billion
Nucor Corp
NYSE:NUE
 $35.76 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: 0.99x
  • 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 9.41x to 0.99x 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¥6.95 x
2012-12-31 CN¥1.87 CN¥6.95 x
2013-12-31 CN¥1.69 CN¥6.95 x
2014-12-31 CN¥2.18 CN¥6.95 x
2015-12-31 CN¥2.74 CN¥6.95 x
2016-12-31 CN¥2.97 CN¥6.95 x
2017-12-31 CN¥3.24 CN¥6.95 x
2018-12-31 CN¥3.59 CN¥6.95 x
2019-12-31 CN¥4.15 CN¥6.95 x
2020-12-31 CN¥4.58 CN¥6.95 x
2021-12-31 CN¥4.96 CN¥6.95 x
2022-12-31 CN¥5.01 CN¥6.95 x
2023-12-31 CN¥5.48 CN¥6.95 x
2024-12-31 CN¥6.06 CN¥6.95 x
2025-12-31 CN¥6.99 CN¥6.95 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

SHG:601319 China Insurance - Property & Casualty
Market Cap
$36.10 Billion
CN¥246.71 Billion CNY
Market Cap Rank
#762 Global
#49 in China
Share Price
CN¥6.95
Change (1 day)
-2.93%
52-Week Range
CN¥6.53 - CN¥9.93
All Time High
CN¥11.50
Categories
Companies in China Insurance - Property & Casualty
About

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