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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. The People's Insurance Co (Group) of China's intangible assets for the quarter that ended in Dec. 2025 was $532 Mil.
The People's Insurance Co (Group) of China (OTCPK:PINXY) Intangible Assets Explanation
If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.
The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.
Some intangibles are amortized. Amortization is the depreciation of intangible assets.
Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.
Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.
If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.
Intangibles acquired are on balance sheet at fair value.
Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.
One of the reasons competitive advantage power can remain hidden for so long.
Be Aware
Companies may change the way intangible assets are amortized, and this will affect their reported earnings.
The People's Insurance Co (Group) of China Intangible Assets Related Terms
The People's Insurance Co (Group) of China Intangible Assets Historical Data
* 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.
The People's Insurance Co (Group) of China Intangible Assets Chart
The People's Insurance Co (Group) of China Annual Data
The People's Insurance Co (Group) of China Intangible Assets Calculation
Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.
The People's Insurance Co (Group) of China (PINXY) has a Intangible Assets of $532 Mil as of Dec. 2025. Intangible assets include patents, goodwill and trade secrets. View historical data on The People's Insurance Co (Group) of China and its competitors.
Is The People's Insurance Co (Group) of China's Intangible Assets too high?
The People's Insurance Co (Group) of China's current Intangible Assets is $532 Mil. Overall, The People's Insurance Co (Group) of China has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The People's Insurance Co (Group) of China's Intangible Assets compare to CB and PGR?
The People's Insurance Co (Group) of China's Intangible Assets of $532 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 Intangible Assets for an Insurance company?
A good Intangible Assets depends on the Insurance industry context. However, Intangible Assets 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 Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on The People's Insurance Co (Group) of China and its competitors. The People's Insurance Co (Group) of China's current Intangible Assets is $532 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The People's Insurance Co (Group) of China stock overvalued right now?
Based on GuruFocus' analysis, The People's Insurance Co (Group) of China (PINXY) is currently considered Fairly Valued. The stock's GF Value™ is $10.93, compared to a current price of $11.88 — trading 8.6% above its estimated fair value. The current Intangible Assets is $532 Mil. The People's Insurance Co (Group) of China's overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For The People's Insurance Co (Group) of China (PINXY), the current Intangible Assets is $532 Mil as of Dec. 2025. 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 The People's Insurance Co (Group) of China (PINXY) Overvalued in 2026?
Based on GuruFocus' analysis, The People's Insurance Co (Group) of China stock appears to be overvalued.
The current stock price of $11.88 is trading 8.6% above its estimated GF Value™ of $10.93.
GuruFocus considers The People's Insurance Co (Group) of China to be Fairly Valued.
Key valuation signals for PINXY:
Intangible Assets: $532 Mil
GF Value™: $10.93 vs. price of $11.88 (8.6% above fair value)
No single metric tells the full story. See the PINXY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PICC Group, headquartered in Beijing, is the largest state-owned insurance group in China. It holds a 69% stake in PICC Property and Casualty, an 80% stake in PICC Life, and a 69% stake in PICC Health Insurance. The P&C subsidiary is the largest nonlife insurer in the country, with approximately one-third of market share. The life insurance and health insurance subsidiaries hold less than 5% market share. The Ministry of Finance is the largest shareholder with a 61% stake, while China's Social Security Fund is the second-largest shareholder, holding nearly 13%.
71GF Score
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Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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