Ping An Insurance (Group) Co. of China Ltd ADR PNGAY
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Ping An CIO Benjamin Deng: Maintaining a "Double Barbell" Asset Allocation Strategy, Seeing Potential in Investment Opportunities Brought by Energy Transition
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Ping An Reports RMB38,709 million of Operating Profit Attributable to Shareholders of the Parent Company in Q1 2024, Life & Health NBV grew 20.7% YoY
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Ping An Releases 2023 Sustainability Report
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Ping An receives Low Risk ESG rating from Sustainalytics Still #1 in Mainland China's insurance sector
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Ping An Named Brand Finance's Most Valuable Insurance Brand in the World for the 8th Consecutive Year, with Brand Value Up 4.2%
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Ping An Reports RMB117,989 million of Operating Profit Attributable to Shareholders of the Parent Company in 2023, cash dividend increased for 12 consecutive years
Trading Information
- Previous Close Price
- $9.59
- Day Range
- $9.24–9.56
- 52-Week Range
- $7.60–14.70
- Bid/Ask
- $9.45 / $9.56
- Market Cap
- $85.95 Bil
- Volume/Avg
- 210,670 / 242,059
Key Statistics
- Price/Earnings (Normalized)
- 7.33
- Price/Sales
- 0.78
- Dividend Yield (Trailing)
- 7.02%
- Dividend Yield (Forward)
- 7.02%
- Total Yield
- 7.02%
Company Profile
Founded in 1988, Ping An Insurance is an integrated financial service provider headquartered in Shenzhen. The company has a focus on the offerings of healthcare services and integrated financial products. Ping An is China's second-largest life and P&C insurer. The company strives for an integrated financial services platform comprising life insurance, P&C insurance, banking, other financial services, and technology. These business segments contributed 89%, 8%, 23%, -18%, and 2% of the company’s operating profits, respectively, in 2023.
- Sector
- Financial Services
- Industry
- Insurance - Life
- Stock Style Box
- Large Value
- Total Number of Employees
- 288,751
- Website
- https://www.pingan.cn
Competitors
Valuation
|
Metric
|
PNGAY
|
601628
|
01336
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.33 | 35.45 | 6.73 |
Price/Book Value | 0.69 | 1.82 | 0.47 |
Price/Sales | 0.78 | 1.50 | 0.64 |
Price/Cash Flow | 2.75 | 2.18 | 0.49 |
Price/Earnings
PNGAY
601628
01336
Financial Strength
|
Metric
|
PNGAY
|
601628
|
01336
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 1.00 | — | 1.04 |
Quick Ratio
No chart available
Profitability
|
Metric
|
PNGAY
|
601628
|
01336
|
|---|---|---|---|
Return on Assets (Normalized) | 0.94% | 0.96% | 0.62% |
Return on Equity (Normalized) | 11.99% | 12.05% | 7.77% |
Return on Invested Capital (Normalized) | 7.89% | 5.38% | 27.23% |
Return on Assets
PNGAY
601628
01336
Insurance - Life Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| China Life Insurance Co Ltd Class H
CILJF
| — | Mxkp | $101.0 Bil | |||
| Ping An Insurance (Group) Co. of China Ltd Class H
PIAIF
| Gmgmssd | Xnzzf | $99.0 Bil | |||
| AIA Group Ltd ADR
AAGIY
| — | Rks | $82.0 Bil | |||
| AIA Group Ltd
AAIGF
| — | Ybgr | $82.0 Bil | |||
| Aflac Inc
AFL
| Bxkdszcz | Tnwsj | $50.5 Bil | |||
| MetLife Inc
MET
| Dbpwntst | Zqwx | $49.1 Bil | |||
| Manulife Financial Corp
MFC
| Szfdnlmq | Yfn | $46.1 Bil | |||
| Prudential Financial Inc
PRU
| Fsmxnjkwz | Wvbw | $41.0 Bil | |||
| Prudential PLC ADR
PUK
| Kmxqzlyk | Lmm | $24.8 Bil |