People's Insurance of China Ltd (601319) - Total Assets
Based on the latest financial reports, People's Insurance of China Ltd (601319) holds total assets worth CN¥1.88 Trillion CNY (≈ $274.88 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. See People's Insurance of China Ltd book value and equity for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see 601319 company net worth.
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 |
|---|---|---|
|
QBE Insurance Group Ltd
AU:QBE
|
Australia | AU$49.19 Billion |
|
Suncorp Group Ltd
AU:SUNPH
|
Australia | AU$30.16 Billion |
|
Suncorp Group Ltd
AU:SUN
|
Australia | AU$29.52 Billion |
|
Insurance Australia Group Ltd
AU:IAG
|
Australia | AU$27.65 Billion |
|
Intact Financial Corporation
TO:IFC
|
Canada | CA$62.87 Billion |
|
Fairfax Financial Holdings Ltd
TO:FFH
|
Canada | CA$107.59 Billion |
|
Definity Financial Corp
TO:DFY
|
Canada | CA$9.56 Billion |
|
POWSZECHNY Z.U.ADR /1 ZY1
F:7PZ0
|
Germany | €535.48 Billion |
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 | 0.02 |
| Asset Growth Rate (YoY) | 13.5% |
| Total Assets | CN¥1.77 Trillion |
| Market Capitalization | $37.30 Billion USD |
Valuation Analysis
Below Book Valuation: The market values People's Insurance of China Ltd's assets below their book value (0.02x), 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 ≈ $258.47 Billion |
+13.47% |
| 2023-12-31 | CN¥1.56 Trillion ≈ $227.79 Billion |
+3.15% |
| 2022-12-31 | CN¥1.51 Trillion ≈ $220.84 Billion |
+9.61% |
| 2021-12-31 | CN¥1.38 Trillion ≈ $201.48 Billion |
+9.62% |
| 2020-12-31 | CN¥1.26 Trillion ≈ $183.80 Billion |
+10.84% |
| 2019-12-31 | CN¥1.13 Trillion ≈ $165.83 Billion |
+9.85% |
| 2018-12-31 | CN¥1.03 Trillion ≈ $150.96 Billion |
+4.43% |
| 2017-12-31 | CN¥987.91 Billion ≈ $144.56 Billion |
+5.98% |
| 2016-12-31 | CN¥932.15 Billion ≈ $136.40 Billion |
+10.51% |
| 2015-12-31 | CN¥843.47 Billion ≈ $123.43 Billion |
+7.83% |
| 2014-12-31 | CN¥782.22 Billion ≈ $114.46 Billion |
+3.56% |
| 2013-12-31 | CN¥755.32 Billion ≈ $110.53 Billion |
+9.68% |
| 2012-12-31 | CN¥688.65 Billion ≈ $100.77 Billion |
+17.69% |
| 2011-12-31 | CN¥585.15 Billion ≈ $85.63 Billion |
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About 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