PICC Property and Casualty Company Limited

SEHK:2328 Stock Report

Market Cap: HK$223.3b

PICC Property and Casualty Balance Sheet Health

Financial Health criteria checks 5/6

PICC Property and Casualty has a total shareholder equity of CN¥234.3B and total debt of CN¥48.4B, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are CN¥703.6B and CN¥469.3B respectively. PICC Property and Casualty's EBIT is CN¥33.8B making its interest coverage ratio 3. It has cash and short-term investments of CN¥160.6B.

Key information

20.7%

Debt to equity ratio

CN¥48.40b

Debt

Interest coverage ratio3x
CashCN¥160.57b
EquityCN¥234.30b
Total liabilitiesCN¥469.32b
Total assetsCN¥703.62b

Recent financial health updates

No updates

Recent updates

PICC Property and Casualty Company Limited's (HKG:2328) Price Is Out Of Tune With Earnings

Apr 23
PICC Property and Casualty Company Limited's (HKG:2328) Price Is Out Of Tune With Earnings

Earnings Not Telling The Story For PICC Property and Casualty Company Limited (HKG:2328)

Jan 08
Earnings Not Telling The Story For PICC Property and Casualty Company Limited (HKG:2328)

PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To CN¥0.5241

Jun 22
PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To CN¥0.5241

PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To HK$0.48

Jun 22
PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To HK$0.48

What To Know Before Buying PICC Property and Casualty Company Limited (HKG:2328) For Its Dividend

Mar 29
What To Know Before Buying PICC Property and Casualty Company Limited (HKG:2328) For Its Dividend

What Kind Of Investors Own Most Of PICC Property and Casualty Company Limited (HKG:2328)?

Feb 18
What Kind Of Investors Own Most Of PICC Property and Casualty Company Limited (HKG:2328)?

What Type Of Returns Would PICC Property and Casualty's(HKG:2328) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Jan 23
What Type Of Returns Would PICC Property and Casualty's(HKG:2328) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Should You Or Shouldn't You: A Dividend Analysis on PICC Property and Casualty Company Limited (HKG:2328)

Dec 27
Should You Or Shouldn't You: A Dividend Analysis on PICC Property and Casualty Company Limited (HKG:2328)

What Type Of Shareholders Make Up PICC Property and Casualty Company Limited's (HKG:2328) Share Registry?

Nov 20
What Type Of Shareholders Make Up PICC Property and Casualty Company Limited's (HKG:2328) Share Registry?

Financial Position Analysis

Short Term Liabilities: 2328's short term assets (CN¥223.9B) exceed its short term liabilities (CN¥75.8B).

Long Term Liabilities: 2328's short term assets (CN¥223.9B) do not cover its long term liabilities (CN¥393.5B).


Debt to Equity History and Analysis

Debt Level: 2328 has more cash than its total debt.

Reducing Debt: 2328's debt to equity ratio has reduced from 36.3% to 20.7% over the past 5 years.

Debt Coverage: 2328's debt is well covered by operating cash flow (42.4%).

Interest Coverage: 2328's interest payments on its debt are well covered by EBIT (3x coverage).


Balance Sheet


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