GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The People's Insurance Co (Group) of China Ltd (HKSE:01339) » Definitions » Altman Z-Score

The People's Insurance Co (Group) of China (HKSE:01339) Altman Z-Score


View and export this data going back to 2012. Start your Free Trial

What is The People's Insurance Co (Group) of China Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


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

Traded in Other Exchanges
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.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you
Quan Guo She Hui Bao Zhang Ji Jin Li Shi Hui 2101 Beneficial owner
Invesco Hong Kong Limited 2102 Investment manager
Citigroup Inc. 2201 Interest of corporation controlled by you