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PICC Property and Casualty Co Stock

PICC Property and Casualty Co Equity 2024

PICC Property and Casualty Co Equity

231.42 B CNY

Ticker

2328.HK

ISIN

CNE100000593

WKN

A0M4ZZ

In 2024, PICC Property and Casualty Co's equity was 231.42 B CNY, a 5.81% increase from the 218.71 B CNY equity in the previous year.

PICC Property and Casualty Co Aktienanalyse

What does PICC Property and Casualty Co do?

PICC Property and Casualty Co Ltd is a Chinese insurance company that was founded in 2003. The company is headquartered in Beijing and has been listed on the Hong Kong Stock Exchange since 2005. PICC Property and Casualty is part of the China Pacific Insurance Group, one of the largest insurance companies in China. The business model of PICC Property and Casualty is based on providing insurance products for individuals and businesses. The company offers a wide range of products and services, including auto, health, travel, home, life, and accident insurance. PICC Property and Casualty operates in over 30 countries worldwide and has branches in Asia, Europe, North America, and Australia. PICC Property and Casualty specializes in various sectors. One important sector is auto insurance. The company offers comprehensive coverage for customers who want to protect their cars against damages or theft. Another important sector is home insurance, which allows customers to protect their property against damages or losses from accidents, fires, or burglaries. PICC Property and Casualty also provides comprehensive health insurance, allowing customers to be financially protected for their healthcare needs. PICC Property and Casualty also specializes in life insurance. Life insurance offers customers the opportunity to create a source of income for their loved ones when they are no longer able to provide for them. This sector is important for customers who need financial protection in the event of death. Over the years, PICC Property and Casualty has received many awards for its services and products. In 2020, the company was awarded "Insurance Company of the Year" for the second consecutive year by the Chinese Dalian Wanda Group. Additionally, the company has also received numerous awards for its digital services, which allow customers to purchase insurance policies online and report claims online. PICC Property and Casualty is a customer-focused company that offers innovative solutions for their insurance needs. The company aims to be a trusted and reliable insurance company that provides its customers with the highest standard of service and support. With its wide range of insurance products and services and strong presence in China and internationally, the company is well-positioned to continue growing and innovating. PICC Property and Casualty Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing PICC Property and Casualty Co's Equity

PICC Property and Casualty Co's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding PICC Property and Casualty Co's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating PICC Property and Casualty Co's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

PICC Property and Casualty Co's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in PICC Property and Casualty Co’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about PICC Property and Casualty Co stock

What is the equity of PICC Property and Casualty Co this year?

PICC Property and Casualty Co has equity of 231.42 B CNY this year.

What was the equity of PICC Property and Casualty Co compared to the previous year?

The equity of PICC Property and Casualty Co has increased/decreased by 5.81% increased compared to the previous year.

What impact does a high equity have on investors of PICC Property and Casualty Co?

A high equity is advantageous for investors of PICC Property and Casualty Co as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of PICC Property and Casualty Co?

A low equity can be a risk for investors of PICC Property and Casualty Co, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of PICC Property and Casualty Co affect the company?

An increase in equity of PICC Property and Casualty Co can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of PICC Property and Casualty Co affect the company?

A reduction in equity of PICC Property and Casualty Co can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of PICC Property and Casualty Co?

Some factors that can affect the equity of PICC Property and Casualty Co include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of PICC Property and Casualty Co so important for investors?

The equity of PICC Property and Casualty Co is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can PICC Property and Casualty Co take to change the equity?

To change equity, PICC Property and Casualty Co can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does PICC Property and Casualty Co pay?

Over the past 12 months, PICC Property and Casualty Co paid a dividend of 0.52 CNY . This corresponds to a dividend yield of about 4.66 %. For the coming 12 months, PICC Property and Casualty Co is expected to pay a dividend of 0.57 CNY.

What is the dividend yield of PICC Property and Casualty Co?

The current dividend yield of PICC Property and Casualty Co is 4.66 %.

When does PICC Property and Casualty Co pay dividends?

PICC Property and Casualty Co pays a quarterly dividend. This is distributed in the months of July, August, August, November.

How secure is the dividend of PICC Property and Casualty Co?

PICC Property and Casualty Co paid dividends every year for the past 18 years.

What is the dividend of PICC Property and Casualty Co?

For the upcoming 12 months, dividends amounting to 0.57 CNY are expected. This corresponds to a dividend yield of 5.03 %.

In which sector is PICC Property and Casualty Co located?

PICC Property and Casualty Co is assigned to the 'Finance' sector.

Wann musste ich die Aktien von PICC Property and Casualty Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of PICC Property and Casualty Co from 12/27/2024 amounting to 0.208 CNY, you needed to have the stock in your portfolio before the ex-date on 10/31/2024.

When did PICC Property and Casualty Co pay the last dividend?

The last dividend was paid out on 12/27/2024.

What was the dividend of PICC Property and Casualty Co in the year 2023?

In the year 2023, PICC Property and Casualty Co distributed 0.475 CNY as dividends.

In which currency does PICC Property and Casualty Co pay out the dividend?

The dividends of PICC Property and Casualty Co are distributed in CNY.

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Andere Kennzahlen von PICC Property and Casualty Co

Our stock analysis for PICC Property and Casualty Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of PICC Property and Casualty Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.