PICC Property and Casualty Balance Sheet Health
Financial Health criteria checks 3/6
PICC Property and Casualty has a total shareholder equity of CN¥245.5B and total debt of CN¥49.6B, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are CN¥736.6B and CN¥491.1B respectively. PICC Property and Casualty's EBIT is CN¥32.1B making its interest coverage ratio 2.9. It has cash and short-term investments of CN¥142.6B.
Key information
20.2%
Debt to equity ratio
CN¥49.64b
Debt
| Interest coverage ratio | 2.9x |
| Cash | CN¥142.55b |
| Equity | CN¥245.52b |
| Total liabilities | CN¥491.12b |
| Total assets | CN¥736.64b |
Recent financial health updates
No updates
Recent updates
Investors Continue Waiting On Sidelines For PICC Property and Casualty Company Limited (HKG:2328)
Nov 22
PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To CN¥0.5359
Jul 04PICC Property and Casualty Company Limited's (HKG:2328) Price Is Out Of Tune With Earnings
Apr 23Earnings Not Telling The Story For PICC Property and Casualty Company Limited (HKG:2328)
Jan 08Financial Position Analysis
Short Term Liabilities: 2328's short term assets (CN¥194.3B) exceed its short term liabilities (CN¥82.9B).
Long Term Liabilities: 2328's short term assets (CN¥194.3B) do not cover its long term liabilities (CN¥408.2B).
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 increased from 20% to 20.2% over the past 5 years.
Debt Coverage: 2328's debt is well covered by operating cash flow (48.5%).
Interest Coverage: 2328's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 08:44 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
PICC Property and Casualty Company Limited is covered by 54 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark William Kellock | Barclays |
| Dominic Chan | BNP Paribas Securities (Asia) |
| Wenbing Li | BOCOM International Securities Limited |