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China Pacific Insurance (Group) Co (China Pacific Insurance (Group) Co) Gross-Profit-to-Asset % : 11.99% (As of Dec. 2023)


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What is China Pacific Insurance (Group) Co 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 Pacific Insurance (Group) Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was $38,272 Mil. China Pacific Insurance (Group) Co's average Total Assets over the quarter that ended in Dec. 2023 was $319,072 Mil. Therefore, China Pacific Insurance (Group) Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 11.99%.


China Pacific Insurance (Group) Co Gross-Profit-to-Asset % Historical Data

The historical data trend for China Pacific Insurance (Group) Co'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 Pacific Insurance (Group) Co Gross-Profit-to-Asset % Chart

China Pacific Insurance (Group) Co 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 26.65 26.39 23.96 15.79 14.53

China Pacific Insurance (Group) Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 15.00 17.85 14.60 14.36 11.99

Competitive Comparison of China Pacific Insurance (Group) Co's Gross-Profit-to-Asset %

For the Insurance - Life subindustry, China Pacific Insurance (Group) Co'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 Pacific Insurance (Group) Co's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

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



China Pacific Insurance (Group) Co Gross-Profit-to-Asset % Calculation

China Pacific Insurance (Group) Co'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 )
=45420.016/( (297106.301+328276.799)/ 2 )
=45420.016/312691.55
=14.53 %

China Pacific Insurance (Group) Co'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: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=38271.756/( (309867.496+328276.799)/ 2 )
=38271.756/319072.1475
=11.99 %

* 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 four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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China Pacific Insurance (Group) Co (China Pacific Insurance (Group) Co) Business Description

Traded in Other Exchanges
Address
1 South Zhongshan Road, Huangpu, Shanghai, CHN, 200010
China Pacific Insurance was established in 1988, with headquarter in Beijing. The company is one of the largest providers of life and general insurance products and services. It is China's third-largest life insurer and third-largest general property and casualty insurer. The company strives for an integrated financial services platform that consists of insurance, banking, and asset management.