PICC Property and Casualty Company Limited
2328.HKHKSEFinancial ServicesInsurance - Property & Casualty
Latest quote
HK$16.26
+HK$0.17 · +1.06%
2328.HK company overview
Regular session · HKT · Market data may be delayed.
Company profile
Company websitePICC Property and Casualty Company Limited, alongside its affiliated companies, provides a comprehensive range of property and casualty insurance services across the People's Republic of China. The firm segments its operations into categories such as Motor Vehicle, Commercial Property, Cargo, Liability, Accidental Injury and Health, Agriculture, Credit and Surety, and other business lines. Its product portfolio includes policies for accidental injury and medical expenses, short-term health, homeowners, specialized risks, marine hull, and construction, among others. Beyond direct insurance, the company also delivers services encompassing reinsurance, investment management and fund deployment, agency for insurance and claims, training, information technology and business support, and property administration. Founded in 2003 and based in Beijing, China, PICC Property and Casualty Company Limited is an integral subsidiary of The People's Insurance Company (Group) of China Limited.
- Industry
- Insurance - Property & Casualty
- Sector
- Financial Services
- Headquarters
- CN
- CEO
- Daoming Zhang
- Listed since
- Nov 6, 2003
- Employees
- 165,656
Market position
Day range
Current HK$16.26
52-week range
Current HK$16.26
- Open
- HK$16.45
- Previous close
- HK$16.09
- Volume
- 14.09M
- 0.38× average
- Average volume
- 36.84M
- Average daily volume
- Market cap
- 361.67B HKD
- Beta
- 0.13
- Market reference 1
- 50-day average
- HK$15.1634
- +7.23% above average
- 200-day average
- HK$15.709
- +3.51% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 376.55B CNY
- P/E (TTM)
- 7.75×
- P/B (TTM)
- 1.08×
- P/S (TTM)
- 0.59×
- EV / EBITDA
- 7.36×
- Earnings yield
- 12.03%
- Free cash flow yield
- 17.53%
- Dividend yield
- 4.73%
Profitability & efficiency
- Gross margin
- 100.00%
- Operating margin
- 52.48%
- Net margin
- 7.58%
- Return on equity
- 13.75%
- Return on assets
- 4.57%
- Return on invested capital
- 8.87%
Financial health
- Debt / equity
- 0.28×
- Current ratio
- 0.16×
- Altman Z-score
- 1.45
- Piotroski F-score
- 6 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (CNY) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 511.79B CNY | 481.44B CNY | 440.22B CNY | 408.2B CNY | 417.89B CNY |
| Cost of goods sold | −51.37B CNY | −89.25B CNY | −97.16B CNY | 12.79B CNY | 1.24B CNY |
| Gross profit | 563.16B CNY | 481.44B CNY | 537.38B CNY | 500.22B CNY | 417.89B CNY |
| Selling, general, and administrative | 17.06B CNY | 18.49B CNY | 25.71B CNY | 11.97B CNY | 10.21B CNY |
| Operating expenses | 515.46B CNY | 443.42B CNY | 509.35B CNY | 409.46B CNY | 401.91B CNY |
| Interest income | — | — | — | 11.96B CNY | 17.72B CNY |
| Interest expense | 926.39M CNY | 1.19B CNY | 1.15B CNY | 1.01B CNY | 1.39B CNY |
| Depreciation and amortization | 3.74B CNY | 3.8B CNY | 3.75B CNY | 3.72B CNY | 3.5B CNY |
| Operating income | 46.47B CNY | 38.02B CNY | 474.12B CNY | 441.46B CNY | 407.96B CNY |
| Net income | 39.33B CNY | 32.17B CNY | 24.59B CNY | 29.16B CNY | 22.36B CNY |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 73%
- 8 beats, 3 misses, 0 met estimates
- Average EPS surprise
- +102.43%
- 11 comparable reports
- Latest EPS result
- 0.81
- Estimate 0.97 · Miss by 17.25%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Corporate actions
Annual dividends per share
Cash distributions grouped by calendar year; partial years are marked.
HK$0.6267
2025 complete year+38.0% since 2021
2026 partial: HK$0.506
HK$0.4543
2,021
HK$0.4751
2,022
HK$0.5241
2,023
HK$0.7629
2,024
HK$0.6267
2,025
HK$0.506
2,026*
* Partial calendar year in the available dividend history.
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Jul 2, 2026 | HK$0.506Semi-Annual | Jul 3, 2026 | Jul 31, 2026 |
Dividend | Nov 4, 2025 | HK$0.2631Semi-Annual | Nov 5, 2025 | Dec 12, 2025 |
Dividend | Jul 4, 2025 | HK$0.3636Semi-Annual | Jul 7, 2025 | Aug 8, 2025 |
Dividend | Oct 31, 2024 | HK$0.227Semi-Annual | Nov 1, 2024 | Dec 27, 2024 |
Dividend | Jul 5, 2024 | HK$0.5359Semi-Annual | Jul 8, 2024 | Aug 9, 2024 |
Dividend | Jun 26, 2023 | HK$0.5241Annual | Jun 27, 2023 | Jul 28, 2023 |
Ex-dividend Jul 2, 2026
HK$0.506
Semi-Annual
Record Jul 3, 2026 · Payment Jul 31, 2026
Ex-dividend Nov 4, 2025
HK$0.2631
Semi-Annual
Record Nov 5, 2025 · Payment Dec 12, 2025
Ex-dividend Jul 4, 2025
HK$0.3636
Semi-Annual
Record Jul 7, 2025 · Payment Aug 8, 2025
Ex-dividend Oct 31, 2024
HK$0.227
Semi-Annual
Record Nov 1, 2024 · Payment Dec 27, 2024
Ex-dividend Jul 5, 2024
HK$0.5359
Semi-Annual
Record Jul 8, 2024 · Payment Aug 9, 2024
Ex-dividend Jun 26, 2023
HK$0.5241
Annual
Record Jun 27, 2023 · Payment Jul 28, 2023
2328.HK peers
1398.HK
Industrial and Commercial Bank of China Limited
HK$7.485
+0.13%
0005.HK
HSBC Holdings plc
HK$160.9
-1.23%
3988.HK
Bank of China Limited
HK$5.50
-0.09%
0939.HK
China Construction Bank Corporation
HK$9.185
-0.65%
1288.HK
Agricultural Bank of China Limited
HK$6.26
-0.32%
2628.HK
China Life Insurance Company Limited
HK$28.64
+2.07%
ETFs holding 2328.HK
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Total International Stock ETFVXUS213.21M0.03%646.2B USD0.05%$87.71+0.78%
Vanguard FTSE Emerging Markets ETFVWO203M0.12%162.3B USD0.06%$60.45+0.72%
iShares Core MSCI Emerging Markets ETFIEMG152.99M0.10%160B USD0.09%$81.57+0.64%
Avantis Emerging Markets Equity ETFAVEM60.01M0.22%27.89B USD0.33%$94.24+0.75%
iShares China Large-Cap ETFFXI47.49M1.12%4.27B USD0.73%$35.86+0.53%
Vanguard FTSE All-World ex-US ETFVEU34.67M0.04%95.9B USD0.04%$85.69+0.82%
Schwab Fundamental Emerging Markets Large Company Index ETFFNDE34.03M0.33%10.2B USD0.39%$41.87+0.92%
iShares MSCI Emerging Markets ETFEEM33.99M0.11%31.22B USD0.72%$67.12+0.75%Vanguard Total International Stock ETFVXUS- Market value
- 213.21M
- Weight
- 0.03%
- AUM
- 646.2B USD
- Expense ratio
- 0.05%
- Price / 1D
- $87.71+0.78%
Vanguard FTSE Emerging Markets ETFVWO- Market value
- 203M
- Weight
- 0.12%
- AUM
- 162.3B USD
- Expense ratio
- 0.06%
- Price / 1D
- $60.45+0.72%
iShares Core MSCI Emerging Markets ETFIEMG- Market value
- 152.99M
- Weight
- 0.10%
- AUM
- 160B USD
- Expense ratio
- 0.09%
- Price / 1D
- $81.57+0.64%
Avantis Emerging Markets Equity ETFAVEM- Market value
- 60.01M
- Weight
- 0.22%
- AUM
- 27.89B USD
- Expense ratio
- 0.33%
- Price / 1D
- $94.24+0.75%
iShares China Large-Cap ETFFXI- Market value
- 47.49M
- Weight
- 1.12%
- AUM
- 4.27B USD
- Expense ratio
- 0.73%
- Price / 1D
- $35.86+0.53%
Vanguard FTSE All-World ex-US ETFVEU- Market value
- 34.67M
- Weight
- 0.04%
- AUM
- 95.9B USD
- Expense ratio
- 0.04%
- Price / 1D
- $85.69+0.82%
Schwab Fundamental Emerging Markets Large Company Index ETFFNDE- Market value
- 34.03M
- Weight
- 0.33%
- AUM
- 10.2B USD
- Expense ratio
- 0.39%
- Price / 1D
- $41.87+0.92%
iShares MSCI Emerging Markets ETFEEM- Market value
- 33.99M
- Weight
- 0.11%
- AUM
- 31.22B USD
- Expense ratio
- 0.72%
- Price / 1D
- $67.12+0.75%
Continue in GoAI
Research 2328.HKresearch.disclaimer