RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
PICC Property and Casualty Co Stock

PICC Property and Casualty Co Liabilities 2024

PICC Property and Casualty Co Liabilities

472.2 B CNY

Ticker

2328.HK

ISIN

CNE100000593

WKN

A0M4ZZ

In 2024, PICC Property and Casualty Co's total liabilities amounted to 472.2 B CNY, a 4.07% difference from the 453.75 B CNY total liabilities 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.

Liabilities Details

Assessing PICC Property and Casualty Co's Liabilities

PICC Property and Casualty Co's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating PICC Property and Casualty Co's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing PICC Property and Casualty Co's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

PICC Property and Casualty Co's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in PICC Property and Casualty Co’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about PICC Property and Casualty Co stock

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

PICC Property and Casualty Co has a debt balance of 472.2 B CNY this year.

What were the liabilities of PICC Property and Casualty Co compared to the previous year?

The liabilities of PICC Property and Casualty Co have increased by 4.07% increased compared to the previous year.

What are the consequences of high debt for investors of PICC Property and Casualty Co?

High liabilities can pose a risk for investors of PICC Property and Casualty Co, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in PICC Property and Casualty Co?

Low liabilities mean that PICC Property and Casualty Co has a strong financial position and is able to meet its obligations without overburdening its finances.

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

An increase in liabilities of PICC Property and Casualty Co can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

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

A decrease in the liabilities of PICC Property and Casualty Co can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

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

Some factors that can influence the liabilities of PICC Property and Casualty Co include investments, acquisitions, operating costs, and sales development.

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

The liabilities of PICC Property and Casualty Co are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can PICC Property and Casualty Co take to modify the liabilities?

To change its liabilities, PICC Property and Casualty Co can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

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.