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People's Insurance Company Group of China Stock

People's Insurance Company Group of China ROE 2024

People's Insurance Company Group of China ROE

0.09

Ticker

601319.SS

ISIN

CNE100003F27

In 2024, People's Insurance Company Group of China's return on equity (ROE) was 0.09, a -17.46% increase from the 0.11 ROE in the previous year.

People's Insurance Company Group of China Aktienanalyse

What does People's Insurance Company Group of China do?

The People's Insurance Company Group of China Ltd (PICC) is a Chinese insurance company based in Beijing. It was founded in 1949 and has been listed on the Hong Kong Stock Exchange since 2012. The PICC is one of the largest insurance companies in China and offers a wide range of insurance products, including car insurance, health insurance, life insurance, and liability insurance. The company also operates reinsurance businesses. The PICC's business model is focused on the Chinese market and is based on a strong capital base and a diverse customer base, consisting of households, small and medium-sized enterprises, and large government institutions. The PICC operates various divisions, including the property insurance division, life insurance division, health insurance division, and accident insurance division. Each of these divisions is tailored to meet the specific needs of customers. The PICC's property insurance division offers a wide range of products, including car insurance, building insurance, liability insurance, and legal protection insurance. The company has also developed a special division for farmers that offers agricultural insurance. The PICC's life insurance division offers products such as pension insurance, accident insurance, and health insurance. The company has also developed an asset management division that supports customers in planning and managing their assets. The PICC's health insurance division offers a wide range of products, from standard health insurance to specialized products for chronic illnesses and long-term care. The company has also developed a special division for foreign customers living or working in China. The PICC's accident insurance division offers products that protect against the financial consequences of accidents, such as disability insurance and invalidity insurance. Overall, the PICC has become one of the largest and fastest-growing insurance companies in China. The company has a strong presence domestically and is also expanding internationally. With a wide range of products and a diverse customer base, the PICC will continue to play an important role in the Chinese insurance market. People's Insurance Company Group of China ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding People's Insurance Company Group of China's Return on Equity (ROE)

People's Insurance Company Group of China'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 People's Insurance Company Group of China'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

People's Insurance Company Group of China'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 People's Insurance Company Group of China’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 People's Insurance Company Group of China stock

What is the ROE (Return on Equity) of People's Insurance Company Group of China this year?

The ROE of People's Insurance Company Group of China this year is 0.09 undefined.

How has the Return on Equity (ROE) of People's Insurance Company Group of China developed compared to the previous year?

The ROE of People's Insurance Company Group of China has increased by -17.46% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of People's Insurance Company Group of China?

A high ROE indicates that People's Insurance Company Group of China 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 People's Insurance Company Group of China?

A low ROE can indicate that People's Insurance Company Group of China 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 People's Insurance Company Group of China affect the company?

A change in ROE (Return on Equity) of People's Insurance Company Group of China 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 People's Insurance Company Group of China?

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 People's Insurance Company Group of China?

Some factors that can influence People's Insurance Company Group of China'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 People's Insurance Company Group of China pay?

Over the past 12 months, People's Insurance Company Group of China paid a dividend of 0.17 CNY . This corresponds to a dividend yield of about 2.32 %. For the coming 12 months, People's Insurance Company Group of China is expected to pay a dividend of 0.18 CNY.

What is the dividend yield of People's Insurance Company Group of China?

The current dividend yield of People's Insurance Company Group of China is 2.32 %.

When does People's Insurance Company Group of China pay dividends?

People's Insurance Company Group of China pays a quarterly dividend. This is distributed in the months of January, August, August, September.

How secure is the dividend of People's Insurance Company Group of China?

People's Insurance Company Group of China paid dividends every year for the past 10 years.

What is the dividend of People's Insurance Company Group of China?

For the upcoming 12 months, dividends amounting to 0.18 CNY are expected. This corresponds to a dividend yield of 2.51 %.

In which sector is People's Insurance Company Group of China located?

People's Insurance Company Group of China is assigned to the 'Finance' sector.

Wann musste ich die Aktien von People's Insurance Company Group of China kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of People's Insurance Company Group of China from 8/9/2024 amounting to 0.156 CNY, you needed to have the stock in your portfolio before the ex-date on 8/9/2024.

When did People's Insurance Company Group of China pay the last dividend?

The last dividend was paid out on 8/9/2024.

What was the dividend of People's Insurance Company Group of China in the year 2023?

In the year 2023, People's Insurance Company Group of China distributed 0.147 CNY as dividends.

In which currency does People's Insurance Company Group of China pay out the dividend?

The dividends of People's Insurance Company Group of China are distributed in CNY.

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Our stock analysis for People's Insurance Company Group of China 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 People's Insurance Company Group of China Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.