Ping An Insurance (Group) Co. of China Ltd Class A
601318: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| qs^ | LOCK|?L | LOCK|!xh@!h |
Ping An Insurance Earnings: Resilient Profit Growth Despite Volatile Investment Return
Ping An's first-quarter operating profit after tax, or OPAT, grew 7.6% year on year. A 36% drop in property-casualty insurance profits was more than offset by contributions from life insurance and asset management.
