PICC Property and Casualty
PICC Property and Casualty Company Limited, together with its subsidiaries, engages in property and casualty insurance business in People's Republic of China. It operates through Motor Vehicle Insurance, Agriculture Insurance, Accidental Injury and Health Insurance, Liability Insurance, Commercial Property Insurance, and Other Insurance segments. The company offers motor vehicle, commercial prope… Read more
PICC Property and Casualty (PPCCY) - Total Assets
Latest total assets as of June 2025: $804.61 Billion USD
Based on the latest financial reports, PICC Property and Casualty (PPCCY) holds total assets worth $804.61 Billion USD as of June 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.
PICC Property and Casualty - Total Assets Trend (2004–2024)
This chart illustrates how PICC Property and Casualty’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
PICC Property and Casualty - Asset Composition Analysis
Current Asset Composition (December 2024)
PICC Property and Casualty's total assets of $804.61 Billion consist of 1.0% current assets and 99.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| Accounts Receivable | $8.11 Billion | 1.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.71 Billion | 0.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how PICC Property and Casualty'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: PICC Property and Casualty's current assets represent 1.0% of total assets in 2024, a decrease from 31.7% in 2004.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2024, down from 31.7% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 1.0% of total assets.
PICC Property and Casualty Competitors by Total Assets
Key competitors of PICC Property and Casualty based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lotte Non-Life
KO:000400
|
Korea | ₩14.88 Trillion |
|
Hanwha General
KO:000370
|
Korea | ₩20.72 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 |
PICC Property and Casualty - 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
Moderate asset utilization - PICC Property and Casualty generates 0.62x 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, PICC Property and Casualty generates $ 4.13 in net profit.
PICC Property and Casualty - 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 | 0.31 | 46.87 | 0.59 |
| Quick Ratio | 0.31 | 46.87 | 0.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-29.04 Billion | $ 171.01 Billion | $ -104.89 Billion |
PICC Property and Casualty - Advanced Valuation Insights
This section examines the relationship between PICC Property and Casualty'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 | 1.13 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 10.6% |
| Total Assets | $778.24 Billion |
| Market Capitalization | $49.41 Billion USD |
Valuation Analysis
Below Book Valuation: The market values PICC Property and Casualty's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: PICC Property and Casualty's assets grew by 10.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for PICC Property and Casualty (2004–2024)
The table below shows the annual total assets of PICC Property and Casualty from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $778.24 Billion | +10.61% |
| 2023-12-31 | $703.62 Billion | -6.42% |
| 2022-12-31 | $751.89 Billion | +10.15% |
| 2021-12-31 | $682.62 Billion | +5.54% |
| 2020-12-31 | $646.80 Billion | +8.51% |
| 2019-12-31 | $596.08 Billion | +8.26% |
| 2018-12-31 | $550.62 Billion | +4.97% |
| 2017-12-31 | $524.57 Billion | +10.21% |
| 2016-12-31 | $475.95 Billion | +13.21% |
| 2015-12-31 | $420.42 Billion | +14.83% |
| 2014-12-31 | $366.13 Billion | +14.62% |
| 2013-12-31 | $319.42 Billion | +9.99% |
| 2012-12-31 | $290.42 Billion | +9.33% |
| 2011-12-31 | $265.64 Billion | +31.65% |
| 2010-12-31 | $201.78 Billion | +22.01% |
| 2009-12-31 | $165.38 Billion | +8.20% |
| 2008-12-31 | $152.85 Billion | +13.84% |
| 2007-12-31 | $134.26 Billion | +26.52% |
| 2006-12-31 | $106.12 Billion | +13.65% |
| 2005-12-31 | $93.38 Billion | +5.80% |
| 2004-12-31 | $88.26 Billion | -- |