ZhongAn Online P&C Insurance Co (HKSE:06060) Gross-Profit-to-Asset % : 66.48% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is ZhongAn Online P&C Insurance 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. ZhongAn Online P&C Insurance Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was HK$33,495 Mil. ZhongAn Online P&C Insurance Co's average Total Assets over the quarter that ended in Dec. 2023 was HK$50,382 Mil. Therefore, ZhongAn Online P&C Insurance Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 66.48%.

ZhongAn Online P&C Insurance Co Gross-Profit-to-Asset % Historical Data

The historical data trend for ZhongAn Online P&C Insurance 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.

* Premium members only.

ZhongAn Online P&C Insurance Co Gross-Profit-to-Asset % Chart

ZhongAn Online P&C Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

52.10

49.57

48.64

45.11

63.89

ZhongAn Online P&C Insurance Co Semi-Annual Data
	Dec14	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													51.68	41.80	43.74	56.88	66.48

Competitive Comparison of ZhongAn Online P&C Insurance Co's Gross-Profit-to-Asset %

For the Insurance - Property & Casualty subindustry, ZhongAn Online P&C Insurance 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.

ZhongAn Online P&C Insurance Co's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ZhongAn Online P&C Insurance Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where ZhongAn Online P&C Insurance Co's Gross-Profit-to-Asset % falls into.

ZhongAn Online P&C Insurance Co Gross-Profit-to-Asset % Calculation

ZhongAn Online P&C Insurance 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 )
	=	31976.476	/	( (53210.203	+	46883.307)	/ 2 )
	=	31976.476	/	50046.755
	=	63.89 %

ZhongAn Online P&C Insurance 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: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	33494.616	/	( (53880.478	+	46883.307)	/ 2 )
	=	33494.616	/	50381.8925
	=	66.48 %

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.

ZhongAn Online P&C Insurance Co Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of ZhongAn Online P&C Insurance Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

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 » Gross-Profit-to-Asset %

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.

Executives

Hangzhou Yunbo Investment Consulting Co., Ltd.
Hu Simon Xiaoming
Jiang Fang
Jing Eric Xiandong
Ma Yun
Ma Huateng	2201 Interest of corporation controlled by you
Tencent Holdings Limited	2201 Interest of corporation controlled by you
Shen Zhen Shi Teng Xun Ji Suan Ji Xi Tong You Xian Gong Si	2101 Beneficial owner
Ma Yi Ke Ji Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Asia Pacific Promotion Limited	2201 Interest of corporation controlled by you
Shen Zhen Ri Xun Wang Lu Ke Ji Gu Fen You Xian Gong Si	2101 Beneficial owner
Sinolink Worldwide Holdings Limited	2201 Interest of corporation controlled by you
Timeway Holdings Limited	2201 Interest of corporation controlled by you
Ou Yaping	2201 Interest of corporation controlled by you
Zhong Guo Ping An Bao Xian Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner

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

No Headlines