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PICC Property and Casualty Co (PICC Property and Casualty Co) Net Margin %

: 0.00% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. PICC Property and Casualty Co's Net Income for the three months ended in Dec. 2023 was $0 Mil. PICC Property and Casualty Co's Revenue for the three months ended in Dec. 2023 was $0 Mil. Therefore, PICC Property and Casualty Co's net margin for the quarter that ended in Dec. 2023 was 0.00%.

The historical rank and industry rank for PICC Property and Casualty Co's Net Margin % or its related term are showing as below:

PPCCY' s Net Margin % Range Over the Past 10 Years
Min: -0.16   Med: 6.1   Max: 8.24
Current: -0.16


PPCCY's Net Margin % is ranked worse than
86.63% of 486 companies
in the Insurance industry
Industry Median: 7.325 vs PPCCY: -0.16

PICC Property and Casualty Co Net Margin % Historical Data

The historical data trend for PICC Property and Casualty Co's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PICC Property and Casualty Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.10 5.07 5.21 7.14 5.58

PICC Property and Casualty Co Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.52 0.30 - -0.81 -

Competitive Comparison

For the Insurance - Property & Casualty subindustry, PICC Property and Casualty Co's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PICC Property and Casualty Co Net Margin % Distribution

For the Insurance industry and Financial Services sector, PICC Property and Casualty Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where PICC Property and Casualty Co's Net Margin % falls into.



PICC Property and Casualty Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

PICC Property and Casualty Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=3443.181/61653.595
=5.58 %

PICC Property and Casualty Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=0/0
= %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PICC Property and Casualty Co  (OTCPK:PPCCY) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


PICC Property and Casualty Co Net Margin % Related Terms

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PICC Property and Casualty Co (PICC Property and Casualty Co) Business Description

Traded in Other Exchanges
Address
Tower 2, No. 2 Jianguomenwai Avenue, Chaoyang District, Beijing, CHN, 100022
Headquartered in Beijing, PICC P&C is China's largest nonlife insurer, commanding over 33% market share in the country. It was founded by the People's Bank of China in 1949. The company is a flagship subsidiary of the PICC Group, a state-owned insurance group, which owns 69% of PICC P&C. The company offers a wide range of nonlife insurance products, including auto, commercial property, liability, credit and surety bond, accidents and health, energy and aerospace, and agricultural insurance.

PICC Property and Casualty Co (PICC Property and Casualty Co) Headlines

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