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 | Q2 2026 | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2023 | Q4 2022 | Q2 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 27,577 | 16,157 | 26,891 | 15,218 | 21,246 | 2,840 | 17,702 | 14,485 | 28,225 | 8,329 |
| Depreciation and amortization | 2,162 | 2,079 | 1,760 | 2,018 | 1,783 | 1,926 | 1,824 | 1,849 | 1,868 | 1,738 |
| Investing cash flow | -5,680 | -31,463 | -11,657 | -11,045 | -16,501 | -4,463 | -6,667 | -33,393 | 1,205 | -10,409 |
| Financing cash flow | -24,902 | 21,645 | -17,633 | -6,337 | 287 | -1,029 | -13,194 | 16,589 | -23,586 | -8,246 |
| Dividends paid | -48.0 | -12,723 | — | -15,503 | — | -10,632 | — | -9,053 | — | -8,342 |
| Debt issued | — | 26,138 | — | 10,618 | 1,370 | — | — | 3,705 | — | 8,957 |
| Effect of exchange rates | -43.0 | -31.0 | -4.0 | — | 7.0 | -75.0 | 124 | 123 | 188 | -58.0 |
| Net change in cash | -3,048 | 6,308 | -2,403 | -2,164 | 5,039 | -2,727 | -2,035 | -2,196 | 6,032 | -10,384 |
| Free cash flow | 26,763 | 13,445 | 26,161 | 12,885 | 20,397 | 904 | 16,904 | 9,806 | 27,341 | 6,556 |
| Levered free cash flow | 22,715 | -29,675 | 28,404 | -8,009 | 50,583 | -5,354 | -113,447 | -163,915 | 15,952 | -159,338 |