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

PICC Property and Casualty Co ROA 2024

PICC Property and Casualty Co ROA

0.03

Ticker

2328.HK

ISIN

CNE100000593

WKN

A0M4ZZ

In 2024, PICC Property and Casualty Co's return on assets (ROA) was 0.03, a -19.43% increase from the 0.04 ROA 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.

ROA Details

Understanding PICC Property and Casualty Co's Return on Assets (ROA)

PICC Property and Casualty Co's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing PICC Property and Casualty Co's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider PICC Property and Casualty Co's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in PICC Property and Casualty Co’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about PICC Property and Casualty Co stock

What is the Return on Assets (ROA) of PICC Property and Casualty Co this year?

The Return on Assets (ROA) of PICC Property and Casualty Co is 0.03 undefined this year.

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

The ROA of PICC Property and Casualty Co has increased by -19.43% compared to the previous year.

What consequences do high ROA have for investors of PICC Property and Casualty Co?

A high ROA is advantageous for investors of PICC Property and Casualty Co, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in PICC Property and Casualty Co?

A low ROA can be unfavorable for investors of PICC Property and Casualty Co as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

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

An increase in ROA of PICC Property and Casualty Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of PICC Property and Casualty Co impact the company?

A reduction in the ROA of PICC Property and Casualty Co can be an indicator of lower asset efficiency and profitability.

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

Some factors that can influence the ROA of PICC Property and Casualty Co include revenue, operating costs, asset structure, and industry average.

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

The ROA of PICC Property and Casualty Co is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can PICC Property and Casualty Co take to improve ROA?

To improve ROA, PICC Property and Casualty Co can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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.