PICC Property and Casualty Co Stock

PICC Property and Casualty Co ROE 2024

PICC Property and Casualty Co ROE

0.11

Ticker

2328.HK

ISIN

CNE100000593

WKN

A0M4ZZ

In 2024, PICC Property and Casualty Co's return on equity (ROE) was 0.11, a -20.33% increase from the 0.13 ROE 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.

ROE Details

Decoding PICC Property and Casualty Co's Return on Equity (ROE)

PICC Property and Casualty Co's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing PICC Property and Casualty Co's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

PICC Property and Casualty Co's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in PICC Property and Casualty Co’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about PICC Property and Casualty Co stock

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

The ROE of PICC Property and Casualty Co this year is 0.11 undefined.

How has the Return on Equity (ROE) of PICC Property and Casualty Co developed compared to the previous year?

The ROE of PICC Property and Casualty Co has increased by -20.33% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of PICC Property and Casualty Co?

A high ROE indicates that PICC Property and Casualty Co generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of PICC Property and Casualty Co?

A low ROE can indicate that PICC Property and Casualty Co is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of PICC Property and Casualty Co affect the company?

A change in ROE (Return on Equity) of PICC Property and Casualty Co can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of PICC Property and Casualty Co?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of PICC Property and Casualty Co?

Some factors that can influence PICC Property and Casualty Co's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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.