China Pacific Insurance Group Co Ltd (601601) - Total Assets
Based on the latest financial reports, China Pacific Insurance Group Co Ltd (601601) holds total assets worth CN¥3.08 Trillion CNY (≈ $450.36 Billion 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. See 601601 net assets for net asset value and shareholders' equity analysis.
China Pacific Insurance Group Co Ltd - Total Assets Trend (2004–2024)
This chart illustrates how China Pacific Insurance Group Co Ltd's total assets have evolved over time, based on quarterly financial data.
China Pacific Insurance Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
China Pacific Insurance Group Co Ltd's total assets of CN¥3.08 Trillion consist of 8.5% current assets and 91.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 1.0% |
| Accounts Receivable | CN¥0.00 | 0.0% |
| Inventory | CN¥0.00 | 0.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥7.35 Billion | 0.3% |
| Goodwill | CN¥1.36 Billion | 0.1% |
Asset Composition Trend (2004–2024)
This chart illustrates how China Pacific Insurance Group Co 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 601601 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: China Pacific Insurance Group Co Ltd's current assets represent 8.5% of total assets in 2024, an increase from 5.2% in 2004.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2024, down from 2.6% 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 intangible assets at 0.3% of total assets.
China Pacific Insurance Group Co Ltd Competitors by Total Assets
Key competitors of China Pacific Insurance Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Challenger Ltd
AU:CGF
|
Australia | AU$35.37 Billion |
|
E-L Financial Corp Ltd
TO:ELF
|
Canada | CA$29.37 Billion |
|
Pacific Strategic Financial
JK:APIC
|
Indonesia | Rp7.17 Trillion |
|
Clearview Wealth Ltd
AU:CVW
|
Australia | AU$1.07 Billion |
|
Nobleoak Life Ltd
AU:NOL
|
Australia | AU$567.29 Million |
|
Hapvida Participações e Investimentos S.A.
SA:HAPV3
|
Brazil | R$72.29 Billion |
|
Manulife Financial Corp
TO:MFC
|
Canada | CA$1.03 Trillion |
|
Great-West Lifeco Inc.
TO:GWO
|
Canada | CA$862.83 Billion |
China Pacific Insurance Group Co 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 | 0.99 | 0.44 | 17.89 |
| Quick Ratio | 0.99 | 0.44 | 17.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-3.47 Billion | CN¥-40.29 Billion | CN¥518.46 Billion |
China Pacific Insurance Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between China Pacific Insurance Group Co 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 | 1.45 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 20.9% |
| Total Assets | CN¥2.83 Trillion |
| Market Capitalization | $37.29 Billion USD |
Valuation Analysis
Below Book Valuation: The market values China Pacific Insurance Group Co Ltd's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: China Pacific Insurance Group Co Ltd's assets grew by 20.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for China Pacific Insurance Group Co Ltd (2004–2024)
The table below shows the annual total assets of China Pacific Insurance Group Co Ltd from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.83 Trillion ≈ $414.84 Billion |
+20.95% |
| 2023-12-31 | CN¥2.34 Trillion ≈ $343.00 Billion |
+7.70% |
| 2022-12-31 | CN¥2.18 Trillion ≈ $318.46 Billion |
+11.83% |
| 2021-12-31 | CN¥1.95 Trillion ≈ $284.78 Billion |
+9.89% |
| 2020-12-31 | CN¥1.77 Trillion ≈ $259.15 Billion |
+15.88% |
| 2019-12-31 | CN¥1.53 Trillion ≈ $223.64 Billion |
+14.40% |
| 2018-12-31 | CN¥1.34 Trillion ≈ $195.49 Billion |
+14.07% |
| 2017-12-31 | CN¥1.17 Trillion ≈ $171.39 Billion |
+14.75% |
| 2016-12-31 | CN¥1.02 Trillion ≈ $149.36 Billion |
+10.48% |
| 2015-12-31 | CN¥923.84 Billion ≈ $135.19 Billion |
+11.97% |
| 2014-12-31 | CN¥825.10 Billion ≈ $120.74 Billion |
+14.04% |
| 2013-12-31 | CN¥723.53 Billion ≈ $105.88 Billion |
+6.17% |
| 2012-12-31 | CN¥681.50 Billion ≈ $99.73 Billion |
+19.43% |
| 2011-12-31 | CN¥570.61 Billion ≈ $83.50 Billion |
+19.95% |
| 2010-12-31 | CN¥475.71 Billion ≈ $69.61 Billion |
+19.77% |
| 2009-12-31 | CN¥397.19 Billion ≈ $58.12 Billion |
+24.36% |
| 2008-12-31 | CN¥319.39 Billion ≈ $46.74 Billion |
+3.36% |
| 2007-12-31 | CN¥309.01 Billion ≈ $45.22 Billion |
+52.15% |
| 2006-12-31 | CN¥203.09 Billion ≈ $29.72 Billion |
+25.88% |
| 2005-12-31 | CN¥161.34 Billion ≈ $23.61 Billion |
+32.72% |
| 2004-12-31 | CN¥121.56 Billion ≈ $17.79 Billion |
-- |
About China Pacific Insurance Group Co Ltd
China Pacific Insurance (Group) Co., Ltd., together with its subsidiaries, provides insurance products to individual and institutional customers in the People's Republic of China. It operates through Life and Health Insurance, Property and Casualty Insurance, Asset Management, and Other Business segments. The company offers life, health, automobile, liability, agricultural, property and casualty,… Read more