The People's Insurance Company (Group) of China Limited
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
The People's Insurance Company (Group) of China Limited (PINXF) - Total Assets
Latest total assets as of September 2025: $1.94 Trillion USD
Based on the latest financial reports, The People's Insurance Company (Group) of China Limited (PINXF) holds total assets worth $1.94 Trillion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
The People's Insurance Company (Group) of China Limited - Total Assets Trend (2011–2024)
This chart illustrates how The People's Insurance Company (Group) of China Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
The People's Insurance Company (Group) of China Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
The People's Insurance Company (Group) of China Limited's total assets of $1.94 Trillion consist of 0.6% current assets and 99.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.4% |
| Accounts Receivable | $11.38 Billion | 0.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.40 Billion | 0.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how The People's Insurance Company (Group) of China Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: The People's Insurance Company (Group) of China Limited's current assets represent 0.6% of total assets in 2024, a decrease from 9.0% in 2011.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2024, down from 9.0% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 0.6% of total assets.
The People's Insurance Company (Group) of China Limited Competitors by Total Assets
Key competitors of The People's Insurance Company (Group) of China Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanwha General
KO:000370
|
Korea | ₩20.72 Trillion |
|
Lotte Non-Life
KO:000400
|
Korea | ₩14.88 Trillion |
|
Heungkuk F&M I
KO:000540
|
Korea | ₩13.12 Trillion |
|
Heungkuk Fire & Marine Insurance Co Ltd
KO:000545
|
Korea | ₩13.12 Trillion |
|
Samsung Fire & Marine Insurance
KO:000810
|
Korea | ₩88.44 Trillion |
|
Samsung Fire And Marine Ins Pref
KO:000815
|
Korea | ₩88.44 Trillion |
|
Hyundai Mar&Fi
KO:001450
|
Korea | ₩50.71 Trillion |
|
DB Insurance Co Ltd
KO:005830
|
Korea | ₩72.11 Trillion |
The People's Insurance Company (Group) of China Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - The People's Insurance Company (Group) of China Limited generates 0.34x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, The People's Insurance Company (Group) of China Limited generates $ 2.39 in net profit.
The People's Insurance Company (Group) of China Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.54 | 54.81 | 0.55 |
| Quick Ratio | 3.54 | 54.81 | 0.55 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $397.90 Billion | $ 423.89 Billion | $ -19.32 Billion |
The People's Insurance Company (Group) of China Limited - Advanced Valuation Insights
This section examines the relationship between The People's Insurance Company (Group) of China Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.79 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 13.5% |
| Total Assets | $1.77 Trillion |
| Market Capitalization | $6.33 Billion USD |
Valuation Analysis
Below Book Valuation: The market values The People's Insurance Company (Group) of China Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: The People's Insurance Company (Group) of China Limited's assets grew by 13.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for The People's Insurance Company (Group) of China Limited (2011–2024)
The table below shows the annual total assets of The People's Insurance Company (Group) of China Limited from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.77 Trillion | +13.47% |
| 2023-12-31 | $1.56 Trillion | +3.15% |
| 2022-12-31 | $1.51 Trillion | +9.61% |
| 2021-12-31 | $1.38 Trillion | +9.62% |
| 2020-12-31 | $1.26 Trillion | +10.84% |
| 2019-12-31 | $1.13 Trillion | +9.85% |
| 2018-12-31 | $1.03 Trillion | +4.43% |
| 2017-12-31 | $987.91 Billion | +5.98% |
| 2016-12-31 | $932.15 Billion | +10.51% |
| 2015-12-31 | $843.47 Billion | +7.83% |
| 2014-12-31 | $782.22 Billion | +3.56% |
| 2013-12-31 | $755.32 Billion | +9.68% |
| 2012-12-31 | $688.65 Billion | +17.69% |
| 2011-12-31 | $585.15 Billion | -- |