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The People's Insurance Co (Group) of China (FRA:PIR) Pre-Tax Income : €8,876 Mil (TTM As of Dec. 2024)


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What is The People's Insurance Co (Group) of China Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. The People's Insurance Co (Group) of China's pretax income for the three months ended in Dec. 2024 was €1,335 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2024 was €8,876 Mil. The People's Insurance Co (Group) of China's pretax margin was 6.10%.

During the past 13 years, The People's Insurance Co (Group) of China's highest Pretax Margin was 11.63%. The lowest was 5.30%. And the median was 6.17%.


The People's Insurance Co (Group) of China Pre-Tax Income Historical Data

The historical data trend for The People's Insurance Co (Group) of China's Pre-Tax Income 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.

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The People's Insurance Co (Group) of China Pre-Tax Income Chart

The People's Insurance Co (Group) of China Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,973.43 4,945.01 5,776.63 4,309.65 9,081.07

The People's Insurance Co (Group) of China Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Pre-Tax Income 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 419.96 1,769.23 2,704.52 3,066.53 1,335.30

Competitive Comparison of The People's Insurance Co (Group) of China's Pre-Tax Income

For the Insurance - Property & Casualty subindustry, The People's Insurance Co (Group) of China's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


The People's Insurance Co (Group) of China's Pre-Tax Income Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The People's Insurance Co (Group) of China's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where The People's Insurance Co (Group) of China's Pre-Tax Income falls into.


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The People's Insurance Co (Group) of China Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

The People's Insurance Co (Group) of China's Pretax Income for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+9081.072
=9,081

The People's Insurance Co (Group) of China's Pretax Income for the quarter that ended in Dec. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+1335.297
=1,335

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €8,876 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.


The People's Insurance Co (Group) of China  (FRA:PIR) Pre-Tax Income Explanation

The People's Insurance Co (Group) of China's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=1335.297/21874.48
=6.10%

During the past 13 years, The People's Insurance Co (Group) of China's highest Pretax Margin was 11.63%. The lowest was 5.30%. And the median was 6.17%.

* 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 Pre-Tax Income Related Terms

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The People's Insurance Co (Group) of China Business Description

Address
No. 88, West Chang’an Avenue, 1st-13th Floor, Xi Cheng District, Beijing, CHN, 100031
With headquarters in Beijing, PICC Group is the largest state-owned insurance group, holding a 69% stake in PICC P&C, an 80% stake in PICC Life, and a 69% stake in PICC Health Insurance. Its P&C subsidiary is the largest nonlife insurer with about one third of market share in China. Life and health insurance subsidiaries hold about 2.9% and 1.3% share, respectively. The Ministry of Finance is the largest shareholder, with 61% share. China's Social Security Fund is the group's second-largest shareholder holding nearly 13% share.

The People's Insurance Co (Group) of China Headlines

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