ZZHGF (ZhongAn Online P&C Insurance Co) Property, Plant and Equipment: $226 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ZZHGF ZhongAn Online P&C Insurance Co Ltd ZZHGF
83 GF Score
Price $1.50
GF Value $2.35
! 2 Warning Signs
View Full Analysis

What is ZhongAn Online P&C Insurance Co Property, Plant and Equipment?

ZhongAn Online P&C Insurance Co ZZHGF -37.50% 83 Property, Plant and Equipment is $226 Mil as of Dec. 2025. GuruFocus rates ZZHGF with a GF Score™ of 83/100 and a GF Value™ of $2.35. The stock has 2 warning signs investors should review.

ZhongAn Online P&C Insurance Co's quarterly net PPE declined from Dec. 2024 ($110 Mil) to Jun. 2025 ($104 Mil) but then increased from Jun. 2025 ($104 Mil) to Dec. 2025 ($226 Mil).

ZhongAn Online P&C Insurance Co's annual net PPE increased from Dec. 2023 ($53 Mil) to Dec. 2024 ($110 Mil) and increased from Dec. 2024 ($110 Mil) to Dec. 2025 ($226 Mil).


ZhongAn Online P&C Insurance Co  (OTCPK:ZZHGF) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


ZhongAn Online P&C Insurance Co Property, Plant and Equipment Related Terms


ZhongAn Online P&C Insurance Co Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for ZhongAn Online P&C Insurance Co's Property, Plant and Equipment 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.

ZhongAn Online P&C Insurance Co Property, Plant and Equipment Chart

ZhongAn Online P&C Insurance Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.66 62.29 52.86 109.54 225.70

ZhongAn Online P&C Insurance Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Property, Plant and Equipment 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 52.86 40.71 109.54 104.14 225.70
ZZHGF
83GF Score
ZhongAn Online P&C Insurance Co Ltd ZZHGF
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZhongAn Online P&C Insurance Co Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of $226 Mil mean?
ZhongAn Online P&C Insurance Co (ZZHGF) has a Property, Plant and Equipment of $226 Mil as of Dec. 2025. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on ZhongAn Online P&C Insurance Co and its competitors.
Is ZhongAn Online P&C Insurance Co's Property, Plant and Equipment too high?
ZhongAn Online P&C Insurance Co's current Property, Plant and Equipment is $226 Mil. Overall, ZhongAn Online P&C Insurance Co has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does ZhongAn Online P&C Insurance Co's Property, Plant and Equipment compare to CB and PGR?
ZhongAn Online P&C Insurance Co's Property, Plant and Equipment of $226 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 Property, Plant and Equipment for an Insurance company?
A good Property, Plant and Equipment depends on the Insurance industry context. However, Property, Plant and Equipment 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 Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on ZhongAn Online P&C Insurance Co and its competitors. ZhongAn Online P&C Insurance Co's current Property, Plant and Equipment is $226 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZhongAn Online P&C Insurance Co stock overvalued right now?
ZhongAn Online P&C Insurance Co (ZZHGF) has a current Property, Plant and Equipment of $226 Mil. The stock's GF Value™ is $2.35, compared to a current price of $1.50 — trading 36.2% below its estimated fair value. The current Property, Plant and Equipment is $226 Mil. ZhongAn Online P&C Insurance Co's overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For ZhongAn Online P&C Insurance Co (ZZHGF), the current Property, Plant and Equipment is $226 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 ZhongAn Online P&C Insurance Co (ZZHGF) Overvalued in 2026?

Based on GuruFocus' analysis, ZhongAn Online P&C Insurance Co stock appears to be undervalued. The current stock price of $1.50 is trading 36.2% below its estimated GF Value™ of $2.35.

Key valuation signals for ZZHGF:

  • Property, Plant and Equipment: $226 Mil
  • GF Value™: $2.35 vs. price of $1.50 (36.2% below fair value)
  • GF Score™: 83/100 with 2 warning signs

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


ZhongAn Online P&C Insurance Co Business Description

Address 219 Yuanmingyuan Road, Shanghai, CHN
ZhongAn Online P&C Insurance Co Ltd is principally engaged in Fintech business, which mainly provides internet insurance services and insurance information technology services to customers. Its operating segments includes; Insurance, Technology, Banking, and Others. The insurance segment offers online property and casualty insurance and services in the PRC and generates majority of the company's revenue.
83GF Score

Get the complete analysis for ZZHGF

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

$1.50
Price
$2.35
GF Value