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PICC Property and Casualty Co (PICC Property and Casualty Co) 10-Year ROIIC % : 3.30% (As of Dec. 2023)


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What is PICC Property and Casualty Co 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. PICC Property and Casualty Co's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 3.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for PICC Property and Casualty Co's 10-Year ROIIC % or its related term are showing as below:

PPCCY's 10-Year ROIIC % is ranked better than
59.79% of 281 companies
in the Insurance industry
Industry Median: 1.66 vs PPCCY: 3.30

PICC Property and Casualty Co 10-Year ROIIC % Historical Data

The historical data trend for PICC Property and Casualty Co's 10-Year ROIIC % 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 10-Year ROIIC % Chart

PICC Property and Casualty Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.51 3.78 3.30 4.76 3.30

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
10-Year ROIIC % Get a 7-Day Free Trial 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 - 4.76 - - 3.30

Competitive Comparison of PICC Property and Casualty Co's 10-Year ROIIC %

For the Insurance - Property & Casualty subindustry, PICC Property and Casualty Co's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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's 10-Year ROIIC % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PICC Property and Casualty Co's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where PICC Property and Casualty Co's 10-Year ROIIC % falls into.



PICC Property and Casualty Co 10-Year ROIIC % Calculation

PICC Property and Casualty Co's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 3581.9297043 (Dec. 2023) - 1998.7282336 (Dec. 2013) )/( 95493.53575 (Dec. 2023) - 47353.4941 (Dec. 2013) )
=1583.2014707/48140.04165
=3.29%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


PICC Property and Casualty Co  (OTCPK:PPCCY) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


PICC Property and Casualty Co 10-Year ROIIC % 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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