Ping An Insurance (Group) Co. of China Ltd Class A 601318
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News
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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
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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
Trading Information
- Previous Close Price
- CNY 41.53
- Day Range
- CNY 41.41–42.88
- 52-Week Range
- CNY 37.62–56.00
- Bid/Ask
- CNY 42.08 / CNY 42.09
- Market Cap
- CNY 766.29 Bil
- Volume/Avg
- 87.5 Mil / 56.0 Mil
Key Statistics
- Price/Earnings (Normalized)
- 8.99
- Price/Sales
- 0.96
- Dividend Yield (Trailing)
- 5.92%
- Dividend Yield (Forward)
- 5.92%
- Total Yield
- 5.85%
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
|
601318
|
601628
|
01336
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.99 | 40.02 | 4.99 |
Price/Book Value | 0.85 | 1.81 | 0.41 |
Price/Sales | 0.96 | 1.49 | 0.60 |
Price/Cash Flow | 3.38 | 2.17 | 0.48 |
Price/Earnings
601318
601628
01336
Financial Strength
|
Metric
|
601318
|
601628
|
01336
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 1.00 | — | 1.09 |
Quick Ratio
No chart available
Profitability
|
Metric
|
601318
|
601628
|
01336
|
|---|---|---|---|
Return on Assets (Normalized) | 0.94% | 0.96% | 0.67% |
Return on Equity (Normalized) | 11.99% | 12.05% | 8.02% |
Return on Invested Capital (Normalized) | 7.89% | 5.38% | 28.48% |
Return on Assets
601318
601628
01336
Insurance - Life Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
PNGAY
| Ping An Insurance (Group) Co. of China Ltd ADR | — | Bdy | $95.8 Bil | |
CILJF
| China Life Insurance Co Ltd Class H | — | Jdwj | $94.8 Bil | |
PIAIF
| Ping An Insurance (Group) Co. of China Ltd Class H | Lbwkgrc | Tyz | $94.5 Bil | |
AAIGF
| AIA Group Ltd | — | Cxgy | $77.5 Bil | |
AAGIY
| AIA Group Ltd ADR | — | Hwjq | $74.0 Bil | |
MET
| MetLife Inc | Ngkgpsbql | Qfppn | $50.9 Bil | |
AFL
| Aflac Inc | Bmprmflt | Rqkygyz | $48.1 Bil | |
MFC
| Manulife Financial Corp | Pbmjwkb | Gmlk | $42.4 Bil | |
PRU
| Prudential Financial Inc | Dqldrmcm | Fvgmd | $39.7 Bil | |
PUK
| Prudential PLC ADR | Rfsxbzwxn | Jryt | $24.9 Bil |