1. People's Republic of China Stocks

  2. •

    Financial Services

  3. •

    Insurance - Property & Casualty
PICC Property and Casualty Company Limited

PICC Property and Casualty Company Limited

2328.HK
PICC Property and Casualty Company LimitedHK flagHong Kong Stock Exchange
14.18
HKD
-0.10
- -
315.40BMarket Cap
PICC Property and Casualty Company Limited
2328.HK
(Hong Kong Stock Exchange)

Recent

price

14.18

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
6.71
7.78
8.1
9.25
10.5
11.92
12.86
14.59
16.16
17.9
18.51
19.3
18.35
19.79
21.65
23.01
4.79
Revenue per Share
0.28
0.42
0.52
0.51
0.71
0.98
0.81
0.89
0.7
1.09
0.94
1.01
1.31
1.11
1.45
1.82
-0.04
Basic EPS, GAAP
1.79
1.34
0.49
1.03
1.47
1.22
0.99
0.96
0.44
1.16
0.58
0.73
1.92
0.92
1.64
1.94
- -
Free Cash Flow per Basic Share
- -
0.13
0.13
0.16
0.14
0.18
0.2
0.21
0.23
0.27
0.46
0.38
0.41
0.48
0.7
0.57
- -
Dividend per Share
1.05
1.17
0.61
0.66
0.69
0.67
0.67
0.67
1
1
1
1
4.56
1
1
1
1
Book Value per Share
1.39
1.66
2.09
2.6
3.85
4.75
5.22
5.85
6.23
7.54
8.43
9.39
9.84
10.41
11.6
12.85
10.93
Tangible Book Value per Share
19,085
19,160
20,063
20,745
21,374
22,242
22,242
22,242
22,242
22,242
22,242
22,242
22,242
22,242
22,242
22,242
22,243
Basic Weighted Avg Shares
128,085
149,046
162,583
191,793
224,395
265,103
286,041
324,468
359,427
398,109
411,682
429,182
408,197
440,219
481,438
511,792
106,582
Sales/Revenue/Turnover
5.07
- -
8.17
6.97
8.53
10.46
6.82
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
1,058
1,251
1,553
1,874
2,352
1,853
1,720
1,693
1,848
3,334
3,539
3,496
3,717
3,750
3,801
3,839
- -
Depreciation Expense
5,288
8,027
10,405
10,558
15,115
21,847
18,020
19,807
15,485
24,282
20,868
22,360
29,163
24,585
32,173
40,370
-868
Net Income, GAAP
19.83
21.96
22.05
21.44
22.25
22.54
19.73
27.07
33.9
- -
15.43
14.07
14.44
12.37
15.4
15.35
- -
Effective Tax Rate (%)
4.13
5.39
6.4
5.5
6.74
8.24
6.3
6.1
4.31
6.1
5.07
5.21
7.14
5.58
6.68
7.89
-0.81
Profit Margin (%)
158,549
- -
70,446
45,510
39,515
38,675
40,620
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
14,157
19,299
19,427
19,562
22,449
16,297
23,112
23,262
23,420
17,396
24,965
9,844
9,581
9,681
21,734
13,202
9,417
LT Debt
26,606
35,160
45,450
57,504
85,775
108,951
119,312
133,114
141,503
169,954
190,031
211,574
221,605
234,304
260,622
288,703
245,524
Total Equity
14.62
- -
17.28
14.79
15.99
18.11
11.46
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
22.27
23.7
31.61
37.44
46.39
67.32
54.87
55.85
40.16
- -
49.5
55.28
40.12
34.31
81.48
97.09
- -
Return on Capital (%)
33.9
37.75
59.91
81.66
106.32
147.34
121.53
133.58
83.54
109.17
93.82
100.53
47.13
39.73
144.65
181.5
51.61
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'24
ST Debt
- -
- -
LT Borrowings
- -
8,246
LT Finance Leases
- -
1,171
Preferred Equity and Hybrid Capital
- -
- -
Shares Outstanding
- -
22,243
Market Capitalization
211,988
200,808

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'24
Total Current Assets
- -
- -
Cash, Cash Equivalents & STI
- -
219,817
Accounts Receivable, Net
- -
3,434
Inventories
- -
- -
Total Current Liabilities
- -
- -
Payables & Accruals
- -
- -
ST Debt
- -
- -
Deferred Revenue
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.31%
8.76%
10.77%
Free Cash Flow
26.77%
46.53%
18.06%
Net Income, GAAP
9.15%
15.64%
25.48%
Sales/Revenue/Turnover
6.91%
4.57%
6.3%
Total Cash Common Dividend
14.9%
7.04%
-17.93%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
106,582
- -
- -
440,219
2024
- -
- -
- -
- -
481,438
2025
- -
- -
- -
- -
511,792

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.11
2024
- -
- -
- -
- -
1.45
2025
- -
- -
- -
- -
1.82

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.48
2024
- -
- -
- -
- -
0.7
2025
- -
- -
- -
- -
0.57
Similar Companies
The Hartford Financial Services Group, Inc. (HIG-PG)
Kinsale Capital Group, Inc. (KNSL)
Slide Insurance Holdings, Inc. Common Stock (SLDE)
Fairfax Financial Holdings Limited (FRFGF)
HCI Group, Inc. (HCI)
Malath Cooperative Insurance Company (8020.SR)
Business
PICC Property and Casualty Company Limited is a leading provider of property and casualty insurance products and services in China. The company offers a comprehensive range of insurance products including motor vehicle insurance; property insurance; liability insurance; cargo insurance; credit and guarantee insurance; accident and health insurance; and agricultural insurance. It serves individuals, corporates, and institutional clients across multiple regions in China. Founded in 2003 and headquartered in Beijing, PICC Property and Casualty operates through an extensive network of branches and subsidiaries nationwide. The company has recently focused on expanding its digital capabilities and customer service innovation while strengthening its strategic partnerships. In the last 1-2 years, PICC Property and Casualty has made significant efforts to enhance its product offerings through technological integration and has pursued collaborations that support smarter underwriting and claims management. This includes initiatives to leverage big data and AI for improved risk assessment. There have also been moves to expand its reach within the broader insurance and financial services ecosystem to deepen market penetration and customer engagement. PICC Property and Casualty is part of the larger People's Insurance Company of China (PICC) group, which is one of the largest insurance and financial conglomerates in China. The company’s business segments primarily cover general insurance markets, targeting individual consumers and commercial clients with a diverse portfolio tailored to meet various risk protection needs across mainland China. It continues to manage its product development, underwriting, and claims services through a well-established domestic network, positioning itself as a key player in the Chinese insurance industry.