XHKG2328
Market cap34bUSD
Dec 20, Last price
12.00HKD
1D
0.33%
1Q
16.28%
Jan 2017
49.07%
Name
PICC Property and Casualty Co Ltd
Chart & Performance
Profile
PICC Property and Casualty Company Limited, together with its subsidiaries, operates as a property and casualty insurance company in the People's Republic of China. It operates through Motor Vehicle; Commercial Property; Cargo; Liability; Accidental Injury and Health; Agriculture; Credit and Surety; and Others segments. The company offers accidental injury and medical expenses, short-term health, homeowners, special risk, marine hull, construction, and other insurance products. It also provides reinsurance, investment and funds application, insurance and claim handling agency, training, information technology and business, and property management services. The company was incorporated in 2003 and is based in Beijing, China. PICC Property and Casualty Company Limited is a subsidiary of The People's Insurance Company (Group) of China Limited.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 440,219,000 -3.07% | 454,152,000 8.68% | 417,889,000 1.66% | |||||||
Cost of revenue | 24,758,000 | 10,208,000 | ||||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 440,219,000 | 429,394,000 | 407,681,000 | |||||||
NOPBT Margin | 100.00% | 94.55% | 97.56% | |||||||
Operating Taxes | 3,469,000 | 4,266,000 | 3,663,000 | |||||||
Tax Rate | 0.79% | 0.99% | 0.90% | |||||||
NOPAT | 436,750,000 | 425,128,000 | 404,018,000 | |||||||
Net income | 24,585,000 -15.70% | 29,163,000 30.42% | 22,360,000 7.15% | |||||||
Dividends | (10,632,000) | (9,053,000) | (8,342,000) | |||||||
Dividend yield | 5.15% | 5.49% | 5.89% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 484,000 | 614,000 | ||||||||
Long-term debt | 10,997,000 | 11,523,889 | 11,630,000 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | (9,681,000) | (1,826,823) | (9,844,000) | |||||||
Net debt | (694,407,000) | (634,391,079) | (374,665,000) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 20,542,000 | 42,710,000 | 16,336,000 | |||||||
CAPEX | (2,734,000) | (5,563,000) | (2,417,000) | |||||||
Cash from investing activities | (11,130,000) | (32,188,000) | (8,158,000) | |||||||
Cash from financing activities | (14,223,000) | (6,997,000) | (16,845,000) | |||||||
FCF | 415,875,187 | 416,355,813 | 421,228,000 | |||||||
Balance | ||||||||||
Cash | 192,422,000 | 165,005,157 | 13,309,000 | |||||||
Long term investments | 512,982,000 | 481,393,811 | 373,600,000 | |||||||
Excess cash | 683,393,050 | 623,691,368 | 366,014,550 | |||||||
Stockholders' equity | 222,958,000 | 119,094,191 | 194,237,000 | |||||||
Invested Capital | 480,665,000 | 507,083,396 | 450,689,000 | |||||||
ROIC | 88.43% | 88.77% | 88.70% | |||||||
ROCE | 62.56% | 68.57% | 63.21% | |||||||
EV | ||||||||||
Common stock shares outstanding | 22,242,000 | 22,242,000 | 22,242,000 | |||||||
Price | 9.28 25.24% | 7.41 16.33% | 6.37 10.78% | |||||||
Market cap | 206,405,760 25.24% | 164,813,220 16.33% | 141,681,540 10.78% | |||||||
EV | (485,117,240) | (466,685,859) | (230,221,460) | |||||||
EBITDA | 443,969,000 | 433,111,000 | 411,177,000 | |||||||
EV/EBITDA | ||||||||||
Interest | 1,151,000 | 984,000 | 1,386,000 | |||||||
Interest/NOPBT | 0.26% | 0.23% | 0.34% |