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Finance

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

  • 87.95 HKD
  • +1.45
  • +1.68%
  • China
    Mar 22, 2019
  • Ticker
    HKG(2318)
  • Prev. close
    86.50
  • Market cap (HKD)
    1,591.36B
  • Market cap (USD)
    202,796.02M
  • Shares
    18,280.24M

Business Summary

Ping An Insurance (Group) Co. of China Ltd. engages in the provision of financial products and services. It operates through the following segments: Insurance, Banking, and Investment. The Insurance segment offers life, property and casualty, pension, and health insurance services. The Banking segment undertakes loan and intermediary business, wealth management, and credit card services. The Investment segment provides trust, securities, and asset management services. The company was founded by Ming Zhe Ma on March 21, 1988 and is headquartered in Shenzhen, China.

Financial Highlights

Dec 2018 HKDUSD
Revenue1,261.39B160,942.28M
Gross Profit----
Operating income236,047.44M30,117.52M
Income before tax171,837.01M21,924.85M
Net income127,215.08M16,231.49M
EBITDA----
Diluted EPS7.120.90
Dividends Per Share1.990.25
Total Assets8,129.21B1,038.29B
Total liabilities7,348.60B938,596.53M
Total equity634,617.86M81,056.26M
Operating cash flow395,831.46M50,504.51M
Currency in HKDCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 583,035.18M 766,909.20M 834,461.13M 1,015.74B 1,261.39B
Gross Profit -- -- -- -- --
Operating income 99,758.59M 170,510.20M 182,558.38M 215,178.69M 236,047.44M
Income before tax 78,551.11M 115,569.73M 111,912.29M 147,128.12M 171,837.01M
Net income 49,433.78M 66,858.35M 72,902.30M 102,726.20M 127,215.08M
EBITDA -- -- -- -- --
Diluted EPS 2.94 3.67 4.07 5.75 7.12
Dividends Per Share 0.47 0.63 0.86 1.81 1.99
Total Assets 4,987.80B 5,675.25B 6,210.44B 7,785.28B 8,129.21B
Total liabilities 4,545.54B 5,181.08B 5,667.05B 7,078.73B 7,348.60B
Total equity 361,947.99M 398,926.96M 427,791.58M 568,231.99M 634,617.86M
Operating cash flow 316,043.18M 320,871.49M 431,187.32M 311,339.22M 395,831.46M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 75,184.92M 98,923.17M 107,499.61M 130,343.45M 160,942.28M
Gross Profit -- -- -- -- --
Operating income 12,864.30M 21,994.01M 23,518.11M 27,612.44M 30,117.52M
Income before tax 10,129.50M 14,907.27M 14,417.12M 18,879.96M 21,924.85M
Net income 6,374.70M 8,624.02M 9,391.65M 13,182.16M 16,231.49M
EBITDA -- -- -- -- --
Diluted EPS 0.37 0.47 0.52 0.73 0.90
Dividends Per Share 0.06 0.08 0.11 0.23 0.25
Total Assets 643,185.71M 732,276.95M 801,021.78M 995,904.92M 1,038.29B
Total liabilities 586,155.40M 668,514.48M 730,935.45M 905,521.78M 938,596.53M
Total equity 46,673.76M 51,473.44M 55,176.48M 72,689.03M 81,056.26M
Operating cash flow 40,755.14M 41,389.03M 55,547.78M 39,952.07M 50,504.51M

Valuation Measures

Dec 2018
PER9.69
ROA1.59%
ROE21.15%
Operating margin18.71%
Profit margin10.08%

Key executives

  • Chairman & Chief Executive Officer: Ming Zhe Ma
  • Chief Operating & Information Officer, Deputy GM: Sin Ying Tan
  • CFO, Executive Director & Deputy General Manager: Jason Bo Yao
  • Deputy GM, Chief Auditor & Compliance Officer: So Lan Ip
  • Senior Vice President: Shi Fan Cao

Shareholders

  • CHEARAVANONT FAMILY (25.7%)
  • The Vanguard Group, Inc. (2.3%)
  • BlackRock Fund Advisors (2.0%)
  • JPMorgan Investment Management, Inc. (2.0%)
  • Norges Bank Investment Management (1.2%)
  • CHEARAVANONT DHANIN (1.1%)
  • APG Asset Management NV (0.9%)
  • Hang Seng Investment Management Ltd. (0.9%)
  • JF Asset Management Ltd. (0.8%)
  • Comgest SA (0.8%)

Contact Details

  • Website:http://www.pingan.com
  • Address: Shenzhen Ping An Financial Center, 47-48-109-110-111-112 Floor, Shenzhen, 518033, China
  • Phone: +86.400.8866.338

Related Companies

  • Lianxin Shenzhen Investment Management Co. Ltd.
  • Ping An Pay Technology Service Co. Ltd.
  • Shenzhen Ping An Chuangke Investment Management Co. Ltd.
  • Shenzhen Qianhai Inclusive Crowdfunding & Trading Co. Ltd.
  • Shenzhen Qianhai Credit Service Centre Co., Ltd.
  • Shanghai Pingxin Asset Management Co. Ltd.
  • Shanghai Gezhouba Yangming Property Co. Ltd.
  • Shanghai Pingan Automobile E-Commerce Co. Ltd.
  • Shanghai Zean Investment Management Co. Ltd.
  • Guangzhou Xinping Property Investment Co. Ltd.
  • Beijing Jingping Shangdi Investment Co. Ltd.
  • Shenzhen Pingke Information Consulting Co. Ltd.
  • Ping An Pioneer Capital Co. Ltd.
  • Talent Bronze Co. Ltd.
  • Anbon Allied Investment Co. Ltd.
  • Beijing Jingxinlize Investment Co. Ltd.
  • Hangzhou Pingjiang Investment Co. Ltd.
  • Chengdu Ping An Property Investment Co. Ltd.
  • Beijing Shuangronghui Investment Co. Ltd.
  • Shenzhen Pingan Real Estate Industrial Co. Ltd.
  • Ping An Wealth Management Co. Ltd.
  • Shanxi Changjin Expressway Co. Ltd.
  • Ping An Commercial Factoring Co. Ltd.
  • Tongxiang Ping An Investment Co. Ltd.
  • Jade Reach Investment Co. Ltd.
  • Reach Success International Co. Ltd.
  • Ping An Chuang Zhan Insurance Sales & Service Co., Ltd.
  • Ping An Insurance Sales Services Co. Ltd.
  • Shenzhen Ping An Financial Center Development Co. Ltd.
  • Ping An-UOB Wealthtone Asset Management Co., Ltd.

Competitors

  • Prudential plc
  • Noah Holdings Ltd. Sponsored ADR Class A
  • Pintec Technology Holdings Ltd. Sponsored ADR Class A
  • X Financial Sponsored ADR Class A
  • CNFinance Holdings Ltd. Sponsored ADR
  • Rotam Global Agrosciences Limited
Last Updated on 22 Mar, 2019

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