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

PICC Property and Casualty Co Debt 2024

PICC Property and Casualty Co Debt

-2,561 CNY

Ticker

2328.HK

ISIN

CNE100000593

WKN

A0M4ZZ

In 2024, PICC Property and Casualty Co's total debt was -2,561 CNY, a 101.34% change from the -1,272 CNY total debt recorded 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.

Debt Details

Understanding PICC Property and Casualty Co's Debt Structure

PICC Property and Casualty Co's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing PICC Property and Casualty Co's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to PICC Property and Casualty Co’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in PICC Property and Casualty Co’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about PICC Property and Casualty Co stock

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

PICC Property and Casualty Co has a debt level of -2,561 CNY this year.

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

The debt of PICC Property and Casualty Co has increased by 101.34% compared to the previous year increased.

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

High debt can pose a risk for investors of PICC Property and Casualty Co, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

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

Low debt means that PICC Property and Casualty Co has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from PICC Property and Casualty Co affect the company?

An increase in debt of PICC Property and Casualty Co can adversely affect the financial condition of the company and result in a higher burden on its finances.

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

A reduction in debt of PICC Property and Casualty Co can strengthen the company's financial position and improve its ability to meet its financial obligations.

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

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

Why are the debts of PICC Property and Casualty Co so important for investors?

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

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

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

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.