Ping An Insurance (Group) Co. of China Ltd Class H PIAIF
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
-
Country Garden shares rally on disputed report that Ping An was asked to buy it
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Ping An Insurance Shares Rise After First-Quarter Result
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HSBC Says Separation of Business Would Lead to Loss of Material Value for Shareholders
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Foreign investors flock back to Chinese stocks now that the economy is reopening after the lifting of COVID restrictions
Trading Information
- Previous Close Price
- $4.60
- Day Range
- $4.53–4.68
- 52-Week Range
- $4.53–8.19
- Bid/Ask
- $4.34 / $4.70
- Market Cap
- $83.04 Bil
- Volume/Avg
- 1,426 / 17,844
Key Statistics
- Price/Earnings (Normalized)
- 5.67
- Price/Sales
- 0.70
- Dividend Yield
- 7.54%
- Dividend Yield (Forward)
- 7.54%
- Total Yield
- 7.54%
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 65%, 5%, 26%, 2%, and 4% of the company’s operating profits, respectively, in 2022.
- Sector
- Financial Services
- Industry
- Insurance - Life
- Stock Style Box
- Large Value
- Total Number of Employees
- 344,223
- Website
- https://www.pingan.cn
Competitors
Valuation
|
Metric
|
PIAIF
|
01299
|
601628
|
|---|---|---|---|
Price/Earnings (Normalized) | 5.67 | 83.43 | 48.70 |
Price/Book Value | 0.68 | 2.34 | 1.93 |
Price/Sales | 0.70 | 3.71 | 1.03 |
Price/Cash Flow | 1.29 | — | 2.12 |
Price/Earnings
PIAIF
01299
601628
Financial Strength
|
Metric
|
PIAIF
|
01299
|
601628
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 0.63 | 3.97 | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
PIAIF
|
01299
|
601628
|
|---|---|---|---|
Return on Assets (Normalized) | 0.42% | 2.23% | 0.88% |
Return on Equity (Normalized) | 5.31% | 14.70% | 10.70% |
Return on Invested Capital (Normalized) | < 0.01% | 11.87% | 4.59% |
Return on Assets
PIAIF
01299
601628
Insurance - Life Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|
CILJF
| China Life Insurance Co Ltd Class H | Fzyp | $98.6 Bil | |
AAGIY
| AIA Group Ltd ADR | Mwlps | $97.6 Bil | |
AAIGF
| AIA Group Ltd | Hvd | $97.6 Bil | |
PNGAY
| Ping An Insurance (Group) Co. of China Ltd ADR | Hxpx | $96.6 Bil | |
AFL
| Aflac Inc | Nkfdf | $48.3 Bil | |
MET
| MetLife Inc | Hkdl | $47.2 Bil | |
MFC
| Manulife Financial Corp | Jjxp | $35.6 Bil | |
PRU
| Prudential Financial Inc | Bxchh | $35.3 Bil | |
PUK
| Prudential PLC ADR | Wbzb | $30.4 Bil |