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Ping An Insurance (Group) of China Ord Shs A
¥46.69
Jul 1, 5:35:09 AM GMT+8 · CNY · SHA · Disclaimer
Previous close
¥46.79
Day range
¥46.46 - ¥47.20
Year range
¥42.33 - ¥65.17
Market cap
849.31B CNY
P/E ratio
8.72
Dividend yield
5.10%
Primary exchange
SHA
In the news
Financials
Income Statement
Financial performance
Revenue
Net income
| (CNY) | Mar 2022info | Y/Y change |
|---|---|---|
Revenue | 334.22B | -8.88% |
Operating expense | 49.26B | -2.05% |
Net income | 20.66B | -24.12% |
Earnings per share | — | — |
EBITDA | 36.88B | -33.42% |
Effective tax rate | 4.79% | — |
Balance Sheet
Financial performance
Total assets
Total liabilities
| (CNY) | Mar 2022info | Y/Y change |
|---|---|---|
Cash and short-term investments | 2.04T | 6.35% |
Total assets | 10.54T | 8.10% |
Total liabilities | 9.44T | 7.97% |
Total equity | 1.10T | — |
Shares outstanding | 18.13B | — |
Price to book | 1.02 | — |
Return on assets | 0.83% | — |
Return on capital | 2.90% | — |
Cash Flow
Financial performance
Net change in cash
| (CNY) | Mar 2022info | Y/Y change |
|---|---|---|
Net income | 20.66B | -24.12% |
Cash from operations | 246.72B | 280.31% |
Cash from investing | -153.07B | -721.41% |
Cash from financing | -5.13B | 81.79% |
Net change in cash | 87.48B | 386.10% |
Free cash flow | -1.63T | -160.62% |
About
Ping An Insurance known also as Ping An of China, full name Ping An Insurance Company of China, Ltd. is a Chinese holding conglomerate whose subsidiaries mainly deal with insurance, banking, asset management, financial services, healthcare, auto services and smart city. The company was founded in 1988 and is headquartered in Shenzhen. "Ping An" literally means "safe and well".
In 2021, Ping An ranked 6th on the Forbes Global 2000 list and 16st on the Fortune Global 500 list.
The company is considered to be China's biggest insurer, with US$110 billion in net premiums written in 2021. Its market capitalization is at 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.
Ping An Insurance has been selected for the 2019 Dow Jones Sustainability Emerging Markets Index. Wikipedia
CEO
Founded
Mar 21, 1988
Headquarters
Website
Employees
355,982
