The People's Insurance Company (Group) of China Limited

SEHK-1339

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Premiums and Annuity Revenues						501,508	520,581	529,891	468,802	503,900	518,630
Total Interest And Dividend Income						35,335	37,318	38,708	10,713	17,549	18,021
Gain (Loss) on Sale of Investments, Total						1,413	9,070	11,501	-5,185	-14,028	-16,557
Other Revenues, Total						12,634	15,170	14,448	18,493	17,906	18,134
Total Revenues						550,890	582,139	594,548	492,823	525,327	538,228
Total Revenues % Chg.						10.8%	5.7%	2.1%	-17.1%	6.6%	5.6%
Policy Benefits						364,578	382,837	423,403	439,680	479,397	487,143
Policy Acquisition / Underwriting Costs, Total						66,448	62,489	50,939	—	—	—
Selling General & Admin Expenses, Total						95,854	107,584	90,360	7,752	9,224	9,953
Provision for Bad Debts	—	—	—	—	—	—	—	—	—	-6	-217
Provision For Loan Losses	—	—	—	—	—	—	-933	-569	—	—	—
Salaries And Other Employee Benefits						109	82	89	81	75	75
Other Operating Expenses						1,749	1,589	1,566	-434	-438	-696
Total Operating Expenses						528,738	555,514	566,926	447,079	488,252	496,258
Operating Income						22,152	26,625	27,622	45,744	37,075	41,970
Interest Expense, Total						-5,698	-5,607	-5,460	-2,206	-1,463	-1,512
Income (Loss) on Equity Invest.						12,566	11,413	13,571	—	—	—
Currency Exchange Gains (Loss)						173	-816	-331	1,002	228	-177
Other Non Operating Income (Expenses)	—	—	—	—	—	—	—	—	-205	-60	-189
EBT, Excl. Unusual Items						29,193	31,615	35,402	44,335	35,780	40,092
Gain (Loss) on Sale of Assets						73	128	330	321	209	203
Asset Writedown						-119	-133	-143	-182	-463	-435
Other Unusual Items	—	—	—	—	—	—	—	—	-1,757	-1,969	-1,969
EBT, Incl. Unusual Items						29,147	31,610	35,589	42,717	33,557	37,891
Income Tax Expense						-2,134	3,377	5,219	7,270	2,746	3,382
Earnings From Continuing Operations						31,281	28,233	30,370	35,447	30,811	34,509
Minority Interest						-9,146	-8,197	-8,894	-10,065	-8,489	-9,381
Net Income						22,135	20,036	21,476	25,382	22,322	25,128
Net Income to Common Incl Extra Items						22,135	20,036	21,476	25,382	22,322	25,128
Net Income to Common Excl. Extra Items						22,135	20,036	21,476	25,382	22,322	25,128
Total Shares Outstanding						44,224	44,224	44,224	44,224	44,224	44,224
Weighted Avg. Shares Outstanding						44,224	44,224	44,224	44,224	44,224	44,224
Weighted Avg. Shares Outstanding Dil						44,224	44,224	44,224	44,224	44,224	44,224
EPS						0.5	0.5	0.5	0.6	0.5	0.6
EPS Diluted						0.5	0.5	0.5	0.6	0.5	0.5
EBITDA						24,521	29,002	30,144	48,370	39,635	44,291
Effective Tax Rate						-7.3%	10.7%	14.7%	17%	8.2%	8.9%