PICC Property and Casualty Company Limited

HKSE 2328.HK

PICC Property and Casualty Company Limited Return on Assets (ROA) for the year ending December 31, 2023: 3.49%

PICC Property and Casualty Company Limited Return on Assets (ROA) is 3.49% for the year ending December 31, 2023, a -19.68% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

PICC Property and Casualty Company Limited Return on Assets (ROA) for the year ending December 31, 2022 was 4.35%, a 32.81% change year over year.
PICC Property and Casualty Company Limited Return on Assets (ROA) for the year ending December 31, 2021 was 3.28%, a 1.53% change year over year.
PICC Property and Casualty Company Limited Return on Assets (ROA) for the year ending December 31, 2020 was 3.23%, a -20.80% change year over year.
PICC Property and Casualty Company Limited Return on Assets (ROA) for the year ending December 31, 2019 was 4.07%, a 44.85% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

HKSE: 2328.HK

PICC Property and Casualty Company Limited

CEO	Mr. Ze Yu
IPO Date	Nov. 6, 2003
Location	China
Headquarters	Tower 2
Employees	162,180
Sector	Finance
Industries Insurance

Description

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.

Key trends

Past 5 years