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China Reinsurance (Group) (HKSE:01508) Gross-Profit-to-Asset % : 22.16% (As of Dec. 2023)


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What is China Reinsurance (Group) Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. China Reinsurance (Group)'s annualized Gross Profit for the quarter that ended in Dec. 2023 was HK$110,232 Mil. China Reinsurance (Group)'s average Total Assets over the quarter that ended in Dec. 2023 was HK$497,350 Mil. Therefore, China Reinsurance (Group)'s annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 22.16%.


China Reinsurance (Group) Gross-Profit-to-Asset % Historical Data

The historical data trend for China Reinsurance (Group)'s Gross-Profit-to-Asset % can be seen below:

* 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.

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China Reinsurance (Group) Gross-Profit-to-Asset % Chart

China Reinsurance (Group) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.11 40.71 38.55 20.07 22.75

China Reinsurance (Group) Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.03 17.79 19.35 23.21 22.16

Competitive Comparison of China Reinsurance (Group)'s Gross-Profit-to-Asset %

For the Insurance - Reinsurance subindustry, China Reinsurance (Group)'s Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Reinsurance (Group)'s Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China Reinsurance (Group)'s Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where China Reinsurance (Group)'s Gross-Profit-to-Asset % falls into.



China Reinsurance (Group) Gross-Profit-to-Asset % Calculation

China Reinsurance (Group)'s annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=111165.776/( (474304.643+502840.328)/ 2 )
=111165.776/488572.4855
=22.75 %

China Reinsurance (Group)'s annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=110231.708/( (491860.17+502840.328)/ 2 )
=110231.708/497350.249
=22.16 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


China Reinsurance (Group) Gross-Profit-to-Asset % Related Terms

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China Reinsurance (Group) (HKSE:01508) Business Description

Traded in Other Exchanges
Address
No 11, Jinrong Avenue, Xicheng District, Beijing, CHN, 100033
China Reinsurance (Group) Corp is a Chinese company that is engaged in the reinsurance business. It provides various products and services including reinsurance, direct insurance, asset management, insurance brokerage, and insurance media service. The company offers a variety of reinsurance products for various property and casualty insurance, such as motor, property, agricultural, liability insurance, life, health, accident insurance, and asset management services. It operates through the following business segments: Property and casualty reinsurance, Life and health reinsurance, Primary property and casualty insurance, Asset Management, and Others.
Executives
Citigroup Inc. 2502 Approved lending agent
Wellington Management Group Llp 2102 Investment manager

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