China Pacific Insurance (Group) Co (SHSE:601601) Scaled Net Operating Assets: 0.09 (As of Mar. 2026)

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SHSE:601601 China Pacific Insurance (Group) Co Ltd SHSE:601601
68 GF Score
Price ¥30.02
GF Value ¥38.93
Valuation Modestly Undervalued
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What is China Pacific Insurance (Group) Co Scaled Net Operating Assets?

China Pacific Insurance (Group) Co SHSE:601601 +1.45% 68 Scaled Net Operating Assets is 0.09 as of Mar. 2026. GuruFocus rates SHSE:601601 with a GF Score™ of 68/100 and a GF Value™ of ¥38.93 (Modestly Undervalued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

China Pacific Insurance (Group) Co's operating assets for the quarter that ended in Mar. 2026 was ¥3,138,588 Mil. China Pacific Insurance (Group) Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥2,851,129 Mil. China Pacific Insurance (Group) Co's Total Assets for the quarter that ended in Dec. 2025 was ¥3,144,767 Mil. Therefore, China Pacific Insurance (Group) Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.09.

SHSE:601601
68GF Score
China Pacific Insurance (Group) Co Ltd SHSE:601601
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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China Pacific Insurance (Group) Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

China Pacific Insurance (Group) Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(3081978-2786140)/2834907
=0.10

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3144767 - 62789
=3081978

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2810543 - 24403 - 0
=2786140

China Pacific Insurance (Group) Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(3138588-2851129)/3144767
=0.09

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3227111 - 88523
=3138588

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2874957 - 23828 - 0
=2851129

* 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.

What does a Scaled Net Operating Assets of 0.09 mean?
China Pacific Insurance (Group) Co (SHSE:601601) has a Scaled Net Operating Assets of 0.09 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on China Pacific Insurance (Group) Co and its competitors.
Is China Pacific Insurance (Group) Co's Scaled Net Operating Assets too high?
China Pacific Insurance (Group) Co's current Scaled Net Operating Assets is 0.09. Overall, China Pacific Insurance (Group) Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Pacific Insurance (Group) Co's Scaled Net Operating Assets compare to AFL and MET?
China Pacific Insurance (Group) Co's Scaled Net Operating Assets of 0.09 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 Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on China Pacific Insurance (Group) Co and its competitors. China Pacific Insurance (Group) Co's current Scaled Net Operating Assets is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Pacific Insurance (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, China Pacific Insurance (Group) Co (SHSE:601601) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥38.93, compared to a current price of ¥30.02 — trading 22.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.09. China Pacific Insurance (Group) Co's overall GF Score™ is 68/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For China Pacific Insurance (Group) Co (SHSE:601601), the current Scaled Net Operating Assets is 0.09 as of Mar. 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 China Pacific Insurance (Group) Co (SHSE:601601) Overvalued in 2026?

Based on GuruFocus' analysis, China Pacific Insurance (Group) Co stock appears to be undervalued. The current stock price of ¥30.02 is trading 22.9% below its estimated GF Value™ of ¥38.93. GuruFocus considers China Pacific Insurance (Group) Co to be Modestly Undervalued.

Key valuation signals for SHSE:601601:

  • Scaled Net Operating Assets: 0.09
  • GF Value™: ¥38.93 vs. price of ¥30.02 (22.9% below fair value)
  • GF Score™: 68/100

No single metric tells the full story. See the SHSE:601601 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Pacific Insurance (Group) Co Business Description

Address 1 South Zhongshan Road, Huangpu District, Shanghai, CHN, 200010
Established in 1988, China Pacific Insurance is China's third-largest life insurer and third-largest general property and casualty insurer, with headquarters in Beijing. The company strives to create an integrated financial services platform that encompasses insurance, banking, and asset management. CPIC's major shareholders are state-owned companies related to the Shanghai government.
68GF Score

Get the complete analysis for SHSE:601601

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

¥30.02
Price
¥38.93
GF Value