PICC Property and Casualty revenue and financials

2328 · HKEX · HKD

$15.55Change from previous close: −2.93%Absolute change: −$0.47

Close · October 7, 2026

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%.

Annual revenue · 2025: ¥511.79B
  1. ¥408.2B2022
  2. ¥440.22B2023
  3. ¥481.44B2024
  4. ¥511.79B2025

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.

Balance sheet · Quarterly
ItemQ2 2026Q4 2025Q2 2025Q4 2024Q2 2024Q4 2023Q2 2023Q4 2022Q2 2022Q4 2021
Total assets884,859860,498804,605778,244736,639703,623692,898672,462766,461682,622
Cash and equivalents10,7899,0789,4668,55712,93412,2809,06110,85311,29213,309
Short-term investments—286,708270,848———————
Net property, plant and equipment28,77829,61928,10729,82528,71229,52729,56130,33228,65429,669
Other intangible assets—2,9452,267———————
Long-term investments—659,654613,763———————
Accounts payable—3,9954,005———————
Long-term debt12,24612,07612,18820,4338,2468,3658,1978,0978,0778,058
Total debt—13,20213,379———————
Total liabilities—571,795523,544———————
Total equity (incl. minority)306,361288,703281,061260,622245,524234,304230,566221,605209,742205,649
Retained earnings256,265232,330221,623202,170192,866184,659180,594170,442152,534142,548
Minority interest2,6732,7292,7372,6982,6892,8842,9012,8922,7772,762