People's Insurance of China Ltd
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
People's Insurance of China Ltd (601319) - Total Assets
Latest total assets as of June 2025: CN¥1.88 Trillion CNY
Based on the latest financial reports, People's Insurance of China Ltd (601319) holds total assets worth CN¥1.88 Trillion CNY 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.
People's Insurance of China Ltd - Total Assets Trend (2011–2024)
This chart illustrates how People's Insurance of China Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
People's Insurance of China Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
People's Insurance of China Ltd's total assets of CN¥1.88 Trillion consist of 0.6% current assets and 99.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 1.4% |
| Accounts Receivable | CN¥11.38 Billion | 0.6% |
| Inventory | CN¥-1.11 Trillion | -62.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥3.40 Billion | 0.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how People's Insurance of China Ltd'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: People's Insurance of China Ltd'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.
People's Insurance of China Ltd Competitors by Total Assets
Key competitors of People's Insurance of China Ltd 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 |
People's Insurance of China Ltd - 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 - People's Insurance of China Ltd 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, People's Insurance of China Ltd generates $ 2.39 in net profit.
People's Insurance of China Ltd - 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 | 0.21 | 0.14 | 0.94 |
| Quick Ratio | 0.21 | 0.14 | 0.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-153.77 Billion | CN¥ -138.03 Billion | CN¥ -2.02 Billion |
People's Insurance of China Ltd - Advanced Valuation Insights
This section examines the relationship between People's Insurance of China Ltd'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 | 1.25 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 13.5% |
| Total Assets | CN¥1.77 Trillion |
| Market Capitalization | $13.41 Billion USD |
Valuation Analysis
Below Book Valuation: The market values People's Insurance of China Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: People's Insurance of China Ltd's assets grew by 13.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for People's Insurance of China Ltd (2011–2024)
The table below shows the annual total assets of People's Insurance of China Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.77 Trillion | +13.47% |
| 2023-12-31 | CN¥1.56 Trillion | +3.15% |
| 2022-12-31 | CN¥1.51 Trillion | +9.61% |
| 2021-12-31 | CN¥1.38 Trillion | +9.62% |
| 2020-12-31 | CN¥1.26 Trillion | +10.84% |
| 2019-12-31 | CN¥1.13 Trillion | +9.85% |
| 2018-12-31 | CN¥1.03 Trillion | +4.43% |
| 2017-12-31 | CN¥987.91 Billion | +5.98% |
| 2016-12-31 | CN¥932.15 Billion | +10.51% |
| 2015-12-31 | CN¥843.47 Billion | +7.83% |
| 2014-12-31 | CN¥782.22 Billion | +3.56% |
| 2013-12-31 | CN¥755.32 Billion | +9.68% |
| 2012-12-31 | CN¥688.65 Billion | +17.69% |
| 2011-12-31 | CN¥585.15 Billion | -- |