People's Insurance Company (Group) of China Balance Sheet Health
Financial Health criteria checks 5/6
People's Insurance Company (Group) of China has a total shareholder equity of CN¥337.0B and total debt of CN¥111.4B, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are CN¥1,574.6B and CN¥1,237.6B respectively. People's Insurance Company (Group) of China's EBIT is CN¥32.6B making its interest coverage ratio 17.2. It has cash and short-term investments of CN¥412.5B.
Key information
33.1%
Debt to equity ratio
CN¥111.44b
Debt
| Interest coverage ratio | 17.2x |
| Cash | CN¥412.46b |
| Equity | CN¥336.98b |
| Total liabilities | CN¥1.24t |
| Total assets | CN¥1.57t |
Recent financial health updates
No updates
Recent updates
Here's Why People's Insurance Company (Group) of China (HKG:1339) Has Caught The Eye Of Investors
Nov 01
Here's Why We Think People's Insurance Company (Group) of China (HKG:1339) Is Well Worth Watching
Jul 17Does People's Insurance Company (Group) of China (HKG:1339) Deserve A Spot On Your Watchlist?
Apr 18Do People's Insurance Company (Group) of China's (HKG:1339) Earnings Warrant Your Attention?
Jan 18Here's Why I Think People's Insurance Company (Group) of China (HKG:1339) Is An Interesting Stock
Apr 08Should You Be Adding People's Insurance Company (Group) of China (HKG:1339) To Your Watchlist Today?
Jan 07Here's Why I Think People's Insurance Company (Group) of China (HKG:1339) Might Deserve Your Attention Today
Sep 08What Is The Ownership Structure Like For The People's Insurance Company (Group) of China Limited (HKG:1339)?
Feb 07
A Look At People's Insurance Company (Group) of China's (HKG:1339) Share Price Returns
Jan 03Financial Position Analysis
Short Term Liabilities: 1339's short term assets (CN¥462.6B) exceed its short term liabilities (CN¥118.0B).
Long Term Liabilities: 1339's short term assets (CN¥462.6B) do not cover its long term liabilities (CN¥1,119.6B).
Debt to Equity History and Analysis
Debt Level: 1339 has more cash than its total debt.
Reducing Debt: 1339's debt to equity ratio has reduced from 47.6% to 33.1% over the past 5 years.
Debt Coverage: 1339's debt is well covered by operating cash flow (56.1%).
Interest Coverage: 1339's interest payments on its debt are well covered by EBIT (17.2x coverage).