1. People's Republic of China Stocks

  2. •

    Financial Services

  3. •

    Insurance - Property & Casualty
The People's Insurance Company (Group) of China Limited

The People's Insurance Company (Group) of China Limited

PINXY
The People's Insurance Company (Group) of China LimitedUS flagOther OTC
11.88
USD
- -
- -
26.26BMarket Cap
The People's Insurance Company (Group) of China Limited
PINXY
(Other OTC)

Recent

price

11.88

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
109.86
146.28
142.82
165.04
190.92
208.52
227.13
233.55
248.69
261.88
267.73
214.86
239.78
271.08
292.68
229.99
Revenue per Share
2.44
3.91
3.83
6.18
9.21
6.72
7.59
6.07
10.01
9.06
9.71
11.47
10.09
19.06
20.9
11.1
Basic EPS, GAAP
35.24
30.04
25.39
-0.19
9.64
11.23
-0.29
-7.89
16.65
14.41
32.89
29.19
30.29
39.79
53.68
-1.25
Free Cash Flow per Basic Share
- -
0.46
0.57
0.63
0.82
1.19
1.36
1.53
1.78
4.59
4.19
6.26
5.07
5.37
6.02
0.92
Dividend per Share
16.26
34.79
32.01
36.96
44.83
50.34
20
20.78
20
20
77.98
85.2
89.25
104
118.29
95.58
Book Value per Share
20.74
47.43
44.44
58.82
73.63
80.05
87.4
95.82
110.61
122.31
127.65
133.18
148.86
164.63
188.46
150.64
Tangible Book Value per Share
2,121
1,749
2,121
2,121
2,121
2,121
2,121
2,129
2,211
2,211
2,211
2,211
2,211
2,211
2,211
2,241
Basic Weighted Avg Shares
233,027
255,786
302,954
350,077
404,971
442,318
481,778
497,156
549,908
579,074
592,015
475,090
530,208
599,402
647,166
515,358
Sales/Revenue/Turnover
- -
4.98
4.19
5.02
6.79
3.38
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
1,677
1,809
2,247
2,813
2,436
2,287
2,255
2,646
4,091
4,449
4,766
5,192
5,056
5,001
5,108
- -
Depreciation Expense
5,185
6,832
8,121
13,109
19,542
14,245
16,099
12,912
22,135
20,036
21,476
25,369
22,322
42,151
46,207
24,872
Net Income, GAAP
22.65
23.84
23.07
20.09
18.56
18.32
25.23
30.83
- -
10.68
14.66
16.95
8.18
17.98
15.55
8.71
Effective Tax Rate (%)
2.23
2.67
2.68
3.74
4.83
3.22
3.34
2.6
4.03
3.46
3.63
5.34
4.21
7.03
7.14
4.83
Profit Margin (%)
- -
67,953
41,997
27,446
41,614
40,734
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
34,954
35,217
47,333
48,601
40,190
46,084
49,801
57,732
51,831
60,344
46,797
44,860
40,074
51,939
43,279
39,682
LT Debt
47,935
83,342
94,801
125,577
157,195
170,994
186,881
206,301
247,300
273,556
290,858
303,004
332,903
367,421
420,466
345,754
Total Equity
- -
9.44
7.28
8.61
11.61
5.66
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
7.32
6.68
7.73
9.02
6.07
7.85
7.85
- -
10.09
7.33
6.78
5.3
8.51
8.21
7.26
Return on Capital (%)
- -
14.33
12.62
17.92
22.53
14.11
21.58
29.8
50.05
45.31
19.83
14.06
11.57
19.73
18.8
19.25
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
791
- -
- -
LT Borrowings
38,595
37,916
37,492
LT Finance Leases
1,479
2,326
2,190
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
44,224
44,224
44,224
Market Capitalization
91,384
102,868
108,975

Working Capital

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
455,651
20,235
23,074
Accounts Receivable, Net
4,349
- -
3,838
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
791
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.41%
9.04%
14.44%
Free Cash Flow
235.7%
37.4%
34.89%
Net Income, GAAP
13.98%
22.35%
9.62%
Sales/Revenue/Turnover
5.23%
3.02%
7.97%
Total Cash Common Dividend
28.99%
7.89%
12.09%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
124,262
141,591
111,028
124,876
530,208
2024
127,494
151,960
- -
- -
599,402
2025
- -
- -
- -
- -
647,166

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
5.4
- -
- -
- -
10.09
2024
4
- -
- -
- -
19.06
2025
- -
- -
- -
- -
20.9

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.14
- -
- -
- -
5.07
2024
0.41
- -
- -
- -
5.37
2025
- -
- -
- -
- -
6.02
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Business
The People's Insurance Company (Group) of China Limited (PICC Group) is an investment holding company that provides a comprehensive range of insurance products and services primarily in the People's Republic of China and Hong Kong. Founded in 1949 and headquartered at PICC Building, No. 88 West Chang'an Avenue, Xicheng District, Beijing, the company operates through key segments including non-life insurance, life insurance, health insurance, asset management, and other businesses; its core offerings encompass property and casualty insurance such as motor vehicle, commercial property, cargo, liability, accidental injury and health, agriculture, homeowners, and credit insurance; life insurance products including general, participating, and universal life policies; health and accident insurance covering medical, participating endowment, illness, nursing care, accidental injury, and disability losses; reinsurance; insurance agency services; internet finance; and technology services. PICC Group conducts nationwide operations in China with an international presence through subsidiaries like PICC Property and Casualty Company Limited, PICC Life Insurance Company Limited, PICC Health Insurance Company Limited, PICC Asset Management Company Limited, PICC Investment Holding Company Limited, PICC Capital Investment Management Company Limited, The People's Insurance Company of China (Hong Kong) Limited, and PICC Asset Management (Hong Kong) Company Limited, as well as offices in New York and London. In recent developments, PICC Property and Casualty entered into a new Reinsurance Framework Agreement with PICC Reinsurance in December 2024, continuing strategic intra-group reinsurance support; the company signed a Memorandum of Understanding with AXA Hong Kong and Macau and AXA Tianping in January 2025 to collaborate on the "Green Action Global" project, promoting auto insurance market expansion in Hong Kong through shared resources, new energy vehicle coverage, and innovative products; PICC Hong Kong improved its market share to 2.3% in 2024 with gross premiums written rising 65% since 2020, bolstered by reinsurance gains; and PICC Group held an investor day in November 2025 highlighting growth in non-auto, health insurance, and overseas expansion.