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PICC Property and Casualty Co (HKSE:02328) 3-Year FCF Growth Rate : 75.50% (As of Dec. 2023)


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What is PICC Property and Casualty Co 3-Year FCF Growth Rate?

PICC Property and Casualty Co's Free Cash Flow per Share for the three months ended in Dec. 2023 was HK$0.00.

During the past 12 months, PICC Property and Casualty Co's average Free Cash Flow per Share Growth Rate was -53.00% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 75.50% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 28.00% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was -5.80% 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 Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of PICC Property and Casualty Co was 102.20% per year. The lowest was -46.30% per year. And the median was 19.20% per year.


Competitive Comparison of PICC Property and Casualty Co's 3-Year FCF Growth Rate

For the Insurance - Property & Casualty subindustry, PICC Property and Casualty Co's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF 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.


PICC Property and Casualty Co's 3-Year FCF Growth Rate Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PICC Property and Casualty Co's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where PICC Property and Casualty Co's 3-Year FCF Growth Rate falls into.



PICC Property and Casualty Co 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow 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 Free Cash Flow per Share growth rate.


PICC Property and Casualty Co  (HKSE:02328) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


PICC Property and Casualty Co 3-Year FCF Growth Rate Related Terms

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PICC Property and Casualty Co (HKSE:02328) Business Description

Traded in Other Exchanges
Address
Tower 2, No. 2 Jianguomenwai Avenue, Chaoyang District, Beijing, CHN, 100022
Headquartered in Beijing, PICC P&C is China's largest nonlife insurer, commanding over 33% market share in the country. It was founded by the People's Bank of China in 1949. The company is a flagship subsidiary of the PICC Group, a state-owned insurance group, which owns 69% of PICC P&C. The company offers a wide range of nonlife insurance products, including auto, commercial property, liability, credit and surety bond, accidents and health, energy and aerospace, and agricultural insurance.

PICC Property and Casualty Co (HKSE:02328) Headlines

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