PICC GRP CN -H- (PIR.SG)
PICC GRP CN -H- (PIR.SG) operates in Diversified Metals & Mining.
PICC GRP CN -H- (PIR.SG) (PIR) - Net Assets
Latest net assets as of June 2024: €345.75 Billion EUR
Based on the latest financial reports, PICC GRP CN -H- (PIR.SG) (PIR) has net assets worth €345.75 Billion EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.65 Trillion) and total liabilities (€1.30 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 | €345.75 Billion |
| % of Total Assets | 20.95% |
| Annual Growth Rate | 13.34% |
| 5-Year Change | 34.12% |
| 10-Year Change | 164.12% |
| Growth Volatility | 8.66 |
PICC GRP CN -H- (PIR.SG) - Net Assets Trend (2013–2023)
This chart illustrates how PICC GRP CN -H- (PIR.SG)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PICC GRP CN -H- (PIR.SG) (2013–2023)
The table below shows the annual net assets of PICC GRP CN -H- (PIR.SG) from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €331.67 Billion | +9.46% |
| 2022-12-31 | €303.00 Billion | +4.18% |
| 2021-12-31 | €290.86 Billion | +6.32% |
| 2020-12-31 | €273.56 Billion | +10.62% |
| 2019-12-31 | €247.30 Billion | +19.87% |
| 2018-12-31 | €206.30 Billion | +10.39% |
| 2017-12-31 | €186.88 Billion | +9.29% |
| 2016-12-31 | €170.99 Billion | +8.78% |
| 2015-12-31 | €157.19 Billion | +25.18% |
| 2014-12-31 | €125.58 Billion | +32.46% |
| 2013-12-31 | €94.80 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PICC GRP CN -H- (PIR.SG)'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 431.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €153.60 Billion | 63.38% |
| Other Components | €88.75 Billion | 36.62% |
| Total Equity | €242.35 Billion | 100.00% |
PICC GRP CN -H- (PIR.SG) Competitors by Market Cap
The table below lists competitors of PICC GRP CN -H- (PIR.SG) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WOWI Inc
PINK:WOWU
|
$6.76K |
|
Chu Yu Hsiang Co., Ltd
TWO:2760
|
$6.76K |
|
Sheng Yi Development Co.,Ltd
TWO:5455
|
$6.77K |
|
NEXTEER AUTOMOTIVE - Frankfurt Stock Exchang
F:8NX
|
$6.77K |
|
253610
KO:253610
|
$6.76K |
|
PEDEVCO CORP. DL-20
F:UD1P
|
$6.74K |
|
Dae Young Packaging Co. Ltd.
KQ:014160
|
$6.72K |
|
FOXTONS GRP
BE:FXG
|
$6.72K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PICC GRP CN -H- (PIR.SG)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 222,851,000,000 to 242,355,000,000, a change of 19,504,000,000 (8.8%).
- Net income of 22,773,000,000 contributed positively to equity growth.
- Dividend payments of 14,938,000,000 reduced retained earnings.
- New share issuances of 2,500,000,000 increased equity.
- Other factors increased equity by 9,169,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €22.77 Billion | +9.4% |
| Dividends Paid | €14.94 Billion | -6.16% |
| Share Issuances | €2.50 Billion | +1.03% |
| Other Changes | €9.17 Billion | +3.78% |
| Total Change | €- | 8.75% |
Book Value vs Market Value Analysis
This analysis compares PICC GRP CN -H- (PIR.SG)'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: 0.12x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €3.24 | €0.67 | x |
| 2018-12-31 | €3.46 | €0.67 | x |
| 2019-12-31 | €4.15 | €0.67 | x |
| 2020-12-31 | €4.58 | €0.67 | x |
| 2021-12-31 | €4.84 | €0.67 | x |
| 2022-12-31 | €5.04 | €0.67 | x |
| 2023-12-31 | €5.48 | €0.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PICC GRP CN -H- (PIR.SG) 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): 9.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.54%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 6.43x
- Recent ROE (9.40%) is below the historical average (11.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 11.35% | 2.67% | 0.40x | 10.55x | €963.50 Million |
| 2014 | 14.16% | 3.73% | 0.45x | 8.45x | €3.85 Billion |
| 2015 | 16.83% | 4.81% | 0.48x | 7.26x | €7.93 Billion |
| 2016 | 11.30% | 3.36% | 0.45x | 7.39x | €1.63 Billion |
| 2017 | 11.71% | 3.48% | 0.47x | 7.18x | €2.35 Billion |
| 2018 | 8.44% | 2.70% | 0.46x | 6.74x | €-2.39 Billion |
| 2019 | 12.07% | 4.18% | 0.47x | 6.18x | €3.79 Billion |
| 2020 | 9.90% | 3.46% | 0.46x | 6.20x | €-212.00 Million |
| 2021 | 10.04% | 3.63% | 0.45x | 6.09x | €77.60 Million |
| 2022 | 11.38% | 5.34% | 0.34x | 6.36x | €3.08 Billion |
| 2023 | 9.40% | 4.54% | 0.32x | 6.43x | €-1.46 Billion |
Industry Comparison
This section compares PICC GRP CN -H- (PIR.SG)'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PICC GRP CN -H- (PIR.SG) (PIR) | €345.75 Billion | 11.35% | 3.77x | $6.76K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |