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ZhongAn Online P&C Insurance Co Ltd Ordinary Shares - Class H 06060

Morningstar Rating
HKD 13.12 +1.00 (8.25%)
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Price vs Fair Value

06060 is trading within a range we consider fairly valued.
Price
HKD 11.92
Fair Value
HKD 52.00
Uncertainty
High
1-Star Price
HKD 59.98
5-Star Price
HKD 76.00
Economic Moat
Yfqd
Capital Allocation
Sxntksn
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Trading Information

Previous Close Price
HKD 12.12
Day Range
HKD 12.1813.18
52-Week Range
HKD 11.0826.45
Bid/Ask
HKD 13.10 / HKD 13.12
Market Cap
HKD 19.28 Bil
Volume/Avg
7.0 Mil / 4.4 Mil

Key Statistics

Price/Earnings (Normalized)
3.80
Price/Sales
0.55
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Headquartered in Shanghai, ZhongAn was founded by Ant Financial, Tencent, Ping An Insurance, and other well-known enterprises in 2013. The company is the first internet-based insurance company in China. It provides online underwriting and claim services through the internet without any offline branches. ZhongAn was listed in September 2017 in Hong Kong. Besides the online insurance segment, the company operates technology and banking segments. Its insurance technology segment exports digital operating system, middle platforms, and industry models to licensed financial players both domestically and overseas. Its banking segment, through Hong Kong-based virtual bank ZA Bank, offers similar services as traditional offline banks but without an offline presence.
Sector
Financial Services
Industry
Insurance - Property & Casualty
Stock Style Box
Mid Core
Total Number of Employees
2,679

Comparables

Valuation

Metric
06060
PACIFIC1
002423
Price/Earnings (Normalized)
3.8014.67
Price/Book Value
0.811.560.94
Price/Sales
0.551.150.79
Price/Cash Flow
9.305.05
Price/Earnings
06060
PACIFIC1
002423

Financial Strength

Metric
06060
PACIFIC1
002423
Quick Ratio
1.12
Current Ratio
1.58
Interest Coverage
9.6319.04
Quick Ratio
06060
PACIFIC1
002423

Profitability

Metric
06060
PACIFIC1
002423
Return on Assets (Normalized)
0.60%1.50%
Return on Equity (Normalized)
1.60%8.60%
Return on Invested Capital (Normalized)
1.86%8.14%
Return on Assets
06060
PACIFIC1
002423
See how this stock stacks up to its competitors with Morningstar Investor

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