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Ping An Insurance (Group) Co of China Ord Shs H
Previous close
$33.00
Day range
$33.10 - $34.55
Year range
$29.55 - $61.70
Market cap
750.63B HKD
Avg Volume
44.14M
P/E ratio
6.68
Dividend yield
7.74%
Top news
Financials
Income Statement
Revenue
Net income
(CNY) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 212.45B | 0.52% |
Operating expense | 40.18B | 42.17% |
Net income | -1.91B | -110.48% |
Net profit margin | -0.90 | -110.44% |
Earnings per share | 1.99 | 38.19% |
EBITDA | 10.28B | -61.53% |
Effective tax rate | -79.20% | — |
Balance Sheet
Total assets
Total liabilities
(CNY) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 2.30T | 9.71% |
Total assets | 11.58T | 5.21% |
Total liabilities | 10.35T | 5.40% |
Total equity | 1.23T | — |
Shares outstanding | 18.11B | — |
Price to book | 0.66 | — |
Return on assets | 0.15% | — |
Return on capital | 0.56% | — |
Cash Flow
Net change in cash
(CNY) | Dec 2023info | Y/Y change |
---|---|---|
Net income | -1.91B | -110.48% |
Cash from operations | 47.76B | -65.40% |
Cash from investing | -68.69B | -280.05% |
Cash from financing | 55.25B | 148.26% |
Net change in cash | 31.83B | -48.82% |
Free cash flow | 1.44T | 12.54% |
About
Ping An Insurance known also as Ping An of China, full name Ping An Insurance Company of China, Ltd. is a Chinese financial services holding company whose subsidiaries provide insurance, banking, asset management, financial services. The company was founded in 1988 and is headquartered in Shenzhen. "Ping An" literally means "safe and well".
In 2023, Ping An ranked 16th on the Forbes Global 2000 list and 23rd on the Fortune Global 500 list. Ping An ranked 30th among the World's top 500 Most Valuable Brands and fifth among global financial enterprises in the Global 500 2022 Report by Brand Finance.
The company is considered to be the world's largest insurer, with US$121.7 billion net premiums written in 2020. Its market capitalization was US$136 billion in March 2021, making it the largest insurer in the Asia-Pacific region.
Ping An Insurance is one of the top 50 companies in the Shanghai Stock Exchange. It is also a constituent stock of Hang Seng Index, an index of the top 50 companies in the Hong Kong Stock Exchange. Ping An Insurance was also included in the pan-China stock indices CSI 300 Index, FTSE China A50 Index and Hang Seng China 50 Index. Wikipedia
CEO
Founded
Mar 21, 1988
Headquarters
Website
Employees
288,751