PICC Property and Casualty revenue and financials
$15.55Change from previous close: −2.93%Absolute change: −$0.47
In the fiscal year ended December 2025, PICC Property and Casualty reported revenue of ¥511.79B (+6.30% year over year). Net income was ¥40.37B, a net margin of 7.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +6.30%
- 2025 vs 2024
- Net income growth
- +25.48%
- 2025 vs 2024
- Net margin
- 7.9%
- 2024: 6.7%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 43,048 | 36,464 | 20,542 | 42,710 | 16,336 |
| Depreciation and amortization | 3,839 | 3,801 | 3,750 | 3,717 | 3,496 |
| Capital expenditure | -3,442 | -3,182 | -2,734 | -5,563 | — |
| Investing cash flow | -43,120 | -27,546 | -11,130 | -32,188 | -8,158 |
| Financing cash flow | 4,012 | -6,050 | -14,223 | -6,997 | -16,845 |
| Dividends paid | -12,723 | -15,503 | -10,632 | -9,053 | -8,342 |
| Debt issued | 26,138 | 11,988 | 0.0 | 3,705 | 8,957 |
| Debt repaid | -8,000 | — | — | 0.0 | -15,000 |
| Effect of exchange rates | -35.0 | 7.0 | 49.0 | 311 | -111 |
| Net change in cash | 3,905 | 2,875 | -4,762 | 3,836 | -8,778 |
| Free cash flow | 39,606 | 33,282 | 17,808 | 37,147 | 13,919 |
| Levered free cash flow | -303 | 42,574 | -118,802 | -147,963 | 24,323 |