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People's Insurance of China Ltd

People's Insurance of China Ltd

601319 · SHG · Financial Services / Insurance - Property & Casualty

7.14CNY+0.04 (+0.56%)

Price History

Full chart

Market Stats

Previous Close7.10
Open7.10
Day Range7.06 – 7.18
52-Week Range6.48 – 10.18
Volume43.51M
Market Cap352.91B
P/E (TTM)6.49
Forward P/E9.36
EPS1.23
Dividend Yield2.76%
Beta0.61
50-Day Avg7.50
200-Day Avg7.85

About

The People's Insurance Company (Group) of China Limited, an investment holding company, offers insurance products and services in the People's Republic of China and Hong Kong. It operates through Non-Life Insurance, Life Insurance, Health Insurance, Asset Management, and Other segments. The company provides motor vehicle, accidental injury and health, agricultural, liability, commercial property, and other insurances; life insurance products; health and medical insurance products; and reinsurance services. It is also involved in asset management and other business; acting as insurance agent; provision of endowment insurance, investment management, internet finance, and technology services. The company was founded in 1949 and is based in Beijing, the People's Republic of China.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Property & Casualty
  • CEOMr. Peng Zhao
  • Employees179.90K
  • HeadquartersNo. 88 West Chang?an Avenue, Beijing, China, 100031, China
  • Websitehttps://www.picc.com

Leadership

  • Mr. Peng ZhaoVice Chairman & President · b. 1972
  • Mr. Jianyou XiaoVP & Executive Director · b. 1968
  • Mr. Jiong TanExecutive Chairman · b. 1966
  • Mr. Houjie ZhouCFO & Financial Controller · b. 1965
  • Huiyan ChenDeputy General Manager of the Investment Department
  • Jian Feng HuangAccounting Supervisor
  • Mr. Fei Peng BaiGeneral Counsel · b. 1974
  • Mr. Qing feng ShiHead of the Discipline Inspection & Supervision Team of the People's Insurance Group
  • Mr. Liduo ShaoPresident of Health · b. 1967
  • Mr. Hua ShangVice Chairman of the Health Department

Financials

Income Statement

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue233.03B255.79B302.95B350.08B404.97B442.32B481.78B497.16B549.91B579.07B592.01B475.09B530.21B598.79B655.91B
Growth (%)-+9.77%+18.44%+15.55%+15.68%+9.22%+8.92%+3.19%+10.61%+5.30%+2.23%-19.75%+11.60%+12.94%+9.54%
Cost of Revenue18.11B20.20B21.66B26.46B35.96B53.66B68.09B81.73B67.81B64.52B52.28B5.21B-47.52B-54.41B-
Gross Profit214.92B235.58B281.30B323.61B369.01B388.65B413.68B415.43B482.09B514.55B539.73B469.88B577.73B653.20B655.91B
Gross Margin92.23%92.10%92.85%92.44%91.12%87.87%85.87%83.56%87.67%88.86%91.17%98.90%108.96%109.09%100.00%
Operating Expense204.71B222.26B265.63B300.19B335.04B363.33B382.85B388.37B452.95B482.94B504.14B427.22B544.17B583.96B581.41B
Operating Income10.21B13.32B15.67B23.42B33.97B25.32B30.83B27.06B29.15B31.61B35.59B42.66B33.56B69.23B74.51B
Operating Margin4.38%5.21%5.17%6.69%8.39%5.72%6.40%5.44%5.30%5.46%6.01%8.98%6.33%11.56%11.36%
EBITDA16.55B20.12B23.43B31.29B41.01B31.94B38.66B36.26B39.05B41.75B45.90B52.85B42.07B77.48B82.91B
EBITDA Margin7.10%7.87%7.73%8.94%10.13%7.22%8.02%7.29%7.10%7.21%7.75%11.12%7.94%12.94%12.64%
Net Income5.18B6.83B8.12B13.11B19.54B14.24B16.10B12.91B22.14B20.04B21.48B25.37B22.32B42.15B46.65B
Net Income Margin2.23%2.67%2.68%3.74%4.83%3.22%3.34%2.60%4.03%3.46%3.63%5.34%4.21%7.04%7.11%
Interest Expense4.67B4.99B5.51B5.05B4.60B4.33B5.57B6.55B5.81B5.69B5.55B6.52B3.46B3.25B3.30B
Interest Expense % of Total Revenue2.00%1.95%1.82%1.44%1.14%0.98%1.16%1.32%1.06%0.98%0.94%1.37%0.65%0.54%0.50%

Balance Sheet

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets585.15B688.65B755.32B782.22B843.47B932.15B987.91B1.03T1.13T1.26T1.38T1.51T1.56T1.77T2.03T
Total Liabilities34.99B605.31B660.52B656.64B686.27B761.15B801.02B825.33B885.93B982.51B1.08T1.21T1.22T1.40T1.61T
Total Equity31.34B65.37B71.58B92.58B116.10B126.10B137.53B153.05B183.45B202.48B219.26B221.77B242.35B268.87B308.99B
Cash52.68B71.44B40.02B33.67B34.02B39.80B29.53B38.55B23.95B23.13B22.40B21.36B20.39B24.90B39.64B
Total Debt34.95B35.22B47.34B48.60B40.19B46.08B49.80B57.73B51.83B60.34B47.43B46.20B149.23B164.50B224.45B
Net Debt-17.73B-36.22B7.31B14.93B6.17B6.28B20.27B19.18B27.89B37.22B25.65B24.83B18.20B139.60B184.81B

Cash Flow

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow74.76B52.52B53.85B-399.00M20.44B23.83B-2.02B-16.80B36.81B31.87B72.73B71.65B70.55B87.99B151.99B
Investing Cash Flow-99.49B-70.19B-63.69B4.18B10.90B-32.68B23.27B-14.61B-6.30B-51.37B-81.56B-73.28B-70.93B-77.60B-189.04B
Financing Cash Flow39.80B36.06B-17.01B-11.09B-20.91B5.45B5.04B20.06B-15.18B21.11B-35.86B8.56B-11.48B4.86B53.38B
Capital Expenditure4.63B4.09B3.42B3.64B3.16B3.62B3.13B4.75B4.90B27.96B37.62B6.58B3.57B4.40B4.78B
Free Cash Flow70.13B48.43B50.43B-4.04B17.28B20.21B-5.15B-21.56B31.91B59.83B110.35B65.08B66.98B87.99B147.20B
Dividends Paid--1.20B1.33B1.75B2.53B2.88B3.26B2.02B10.16B9.27B9.64B14.94B11.87B14.65B
FCF to OCF93.81%92.21%93.65%1012.28%84.53%84.81%254.32%128.29%86.69%187.75%151.72%90.82%94.94%100.00%96.85%
Dividend Paid to FCF--2.39%-33.00%10.11%12.53%-56.02%-15.13%6.33%16.98%8.40%14.82%22.30%13.49%9.95%

Earnings

Report DateMar 23, 2019Apr 30, 2019Aug 23, 2019Oct 29, 2019Mar 27, 2020Apr 30, 2020Aug 21, 2020Oct 28, 2020Mar 23, 2021May 14, 2021Aug 20, 2021Oct 28, 2021Mar 25, 2022Apr 30, 2022Aug 22, 2022Oct 27, 2022Mar 24, 2023Apr 27, 2023
EPS Estimate------------------
EPS Actual0.030.130.220.130.020.160.130.140.030.230.150.090.020.200.210.120.020.27
Surprise------------------
TimingAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-market

Key Statistics & Ratios

Market Cap352.91B
Enterprise Value348.37B
Trailing P/E6.49
Forward P/E9.36
PEG Ratio0.98
Price / Sales0.54
Price / Book1.05
EPS1.23
Book Value7.69
Revenue (TTM)649.96B
Gross Profit (TTM)110.89B
EBITDA101.64B
Profit Margin8.68%
Operating Margin25.99%
Return on Equity17.95%
Return on Assets3.08%
Shares Outstanding35.50B
Shares Float11.53B
Beta0.61
Dividend Yield2.76%
Dividend Rate0.22
Payout Ratio15.61%

Dividends

20231×
0.17Jul 28, 2023
20221×
0.15Jul 29, 2022
20212×
0.02Dec 9, 20210.12Jul 29, 2021
20202×
0.04Dec 8, 20200.12Aug 21, 2020
20191×
0.05Aug 20, 2019