Skip to Content

Ping An Insurance (Group) Co. of China Ltd ADR PNGAY

Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

About Quantitative Ratings

Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings 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. Click here for more on how to use these ratings.

Company Profile

Business Description

Founded in 1988, Ping An Insurance is a major provider of financial products and services, with a focus on life insurance and property and casualty insurance. 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 69%, 15%, 11%, 6%, and 2% of the company's net profit, respectively, in 2019.

Contact
No. 5033 Yitian Road, Ping An Finance Center, 47th, 48th, 109th, 110th, 111th and 112th Floors
Shenzhen, 518033, China, People's Republic of
T +86 4008866338
Sector Financial Services
Industry Insurance - Life
Most Recent Earnings Jun 30, 2020
Fiscal Year End Dec 31, 2020
Stock Type
Employees 372,194