PICC Property and Casualty Co (HKSE:02328) EBIT: HK$58,651 Mil (TTM As of Jun. 2026)

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HKSE:02328 PICC Property and Casualty Co Ltd HKSE:02328
86 GF Score
Price HK$16.88
GF Value HK$16.03
Valuation Fairly Valued
! 2 Warning Signs
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What is PICC Property and Casualty Co EBIT?

PICC Property and Casualty Co HKSE:02328 +0.84% 86 EBIT is HK$58,651 Mil as of Jun. 2026. GuruFocus rates HKSE:02328 with a GF Score™ of 86/100 and a GF Value™ of HK$16.03 (Fairly Valued). The stock has 2 warning signs investors should review.

PICC Property and Casualty Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2026 was HK$41,642 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was HK$58,651 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PICC Property and Casualty Co's annualized ROC % for the quarter that ended in Jun. 2026 was 6.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PICC Property and Casualty Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 15.37%.


PICC Property and Casualty Co  (HKSE:02328) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

PICC Property and Casualty Co's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=83284.639263722 * ( 1 - 21.508% )/( (940832.94209095 + 1008057.15713)/ 2 )
=65371.779050881/974445.04961048
=6.71 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=958434.80506286 - - ( 32632.525489579 - 5% * 300613.25035343 )
=940832.94209095

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=1022652.8312185 - - ( 30225.651199634 - 5% * 312599.54222264 )
=1008057.15713

Note: The EBIT data used here is two times the semi-annual (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

PICC Property and Casualty Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=58650.562615964/381511.131
=15.37 %

* 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 EBIT Related Terms


PICC Property and Casualty Co EBIT Historical Data

* Premium members only.

The historical data trend for PICC Property and Casualty Co's EBIT 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.

PICC Property and Casualty Co EBIT Chart

PICC Property and Casualty Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27,764.44 35,150.32 26,105.58 34,695.16 44,764.79

PICC Property and Casualty Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EBIT 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 20,516.25 14,175.25 27,648.65 17,008.24 41,642.32

HKSE:02328 vs CB, PGR, TRV: EBIT Comparison

For the Insurance - Property & Casualty subindustry, PICC Property and Casualty Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Insurance Industry

For the Insurance industry and Financial Services sector, PICC Property and Casualty Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PICC Property and Casualty Co's EV-to-EBIT falls into.


HKSE:02328
86GF Score
PICC Property and Casualty Co Ltd HKSE:02328
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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PICC Property and Casualty Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$58,651 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of HK$58,651 Mil mean?
PICC Property and Casualty Co (HKSE:02328) has a EBIT of HK$58,651 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PICC Property and Casualty Co.
Is PICC Property and Casualty Co's EBIT too high?
PICC Property and Casualty Co's current EBIT is HK$58,651 Mil. Overall, PICC Property and Casualty Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PICC Property and Casualty Co's EBIT compare to CB and PGR?
PICC Property and Casualty Co's EBIT of HK$58,651 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Insurance company?
A good EBIT depends on the Insurance industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PICC Property and Casualty Co. PICC Property and Casualty Co's current EBIT is HK$58,651 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PICC Property and Casualty Co stock overvalued right now?
Based on GuruFocus' analysis, PICC Property and Casualty Co (HKSE:02328) is currently considered Fairly Valued. The stock's GF Value™ is HK$16.03, compared to a current price of HK$16.88 — trading 5.3% above its estimated fair value. The current EBIT is HK$58,651 Mil. PICC Property and Casualty Co's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For PICC Property and Casualty Co (HKSE:02328), the current EBIT is HK$58,651 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PICC Property and Casualty Co (HKSE:02328) Overvalued in 2026?

Based on GuruFocus' analysis, PICC Property and Casualty Co stock appears to be overvalued. The current stock price of HK$16.88 is trading 5.3% above its estimated GF Value™ of HK$16.03. GuruFocus considers PICC Property and Casualty Co to be Fairly Valued.

Key valuation signals for HKSE:02328:

  • EBIT: HK$58,651 Mil
  • GF Value™: HK$16.03 vs. price of HK$16.88 (5.3% above fair value)
  • GF Score™: 86/100 with 2 warning signs

No single metric tells the full story. See the HKSE:02328 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PICC Property and Casualty Co Business Description

Other Exchanges PPCCY:USAPJC:Germany
Address Tower 2, No. 2 Jianguomenwai Avenue, Chaoyang District, Beijing, CHN, 100022
PICC P&C is headquartered in Beijing. The company is China's largest nonlife insurer, commanding nearly 33% domestic market share. Founded by the People's Bank of China in 1949, PICC P&C operates as the flagship subsidiary of PICC Group—a state-owned insurance holding company that retains a 69% equity stake. The company underwrites a comprehensive suite of nonlife insurance products spanning auto, commercial property, liability, credit and surety, accident and health, energy and aerospace, and agricultural lines.
86GF Score

Get the complete analysis for HKSE:02328

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$16.88
Price
HK$16.03
GF Value