ZhongAn Online P&C Insurance Co (HKSE:06060) 3-Year Book Growth Rate : 5.70% (As of Dec. 2023)

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What is ZhongAn Online P&C Insurance Co 3-Year Book Growth Rate?

ZhongAn Online P&C Insurance Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$14.94.

During the past 12 months, ZhongAn Online P&C Insurance Co's average Book Value per Share Growth Rate was 24.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 5.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was 4.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 10 years, the highest 3-Year average Book Value per Share Growth Rate of ZhongAn Online P&C Insurance Co was 149.60% per year. The lowest was -2.80% per year. And the median was 6.00% per year.

Competitive Comparison of ZhongAn Online P&C Insurance Co's 3-Year Book Growth Rate

For the Insurance - Property & Casualty subindustry, ZhongAn Online P&C Insurance Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.

ZhongAn Online P&C Insurance Co's 3-Year Book Growth Rate Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ZhongAn Online P&C Insurance Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where ZhongAn Online P&C Insurance Co's 3-Year Book Growth Rate falls into.

ZhongAn Online P&C Insurance Co 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

ZhongAn Online P&C Insurance Co (HKSE:06060) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

ZhongAn Online P&C Insurance Co 3-Year Book Growth Rate Related Terms

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ZhongAn Online P&C Insurance Co (HKSE:06060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » ZhongAn Online P&C Insurance Co Ltd (HKSE:06060) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

ZZHGF:USA ZZHGY:USA 1ZO:Germany

Address

219 Yuanmingyuan Road, Shanghai, CHN

Website

https://www.zhongan.com

ZhongAn was founded by Ant Financial, Tencent, Ping An Insurance, and other well-known enterprises in 2013 and is headquartered in Shanghai. The company is the first internet-based insurance company in China. It provides online underwriting and claim services through the internet without any offline branches. ZhongAn was listed in September 2017 in Hong Kong. Besides the online insurance segment, the company operates technology and banking segments. Its insurance technology segment exports digital operating system, middle platforms, and industry models to licensed financial players both domestically and overseas. Its banking segment, through Hong Kong-based virtual bank ZA Bank, offers similar services as traditional offline banks but without an offline presence.

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