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Finance

ZhongAn Online P&C Insurance Co., Ltd.

Business Summary

ZhongAn Online P&C Insurance Co. Ltd. engages in the provision of insurance services. It offers property and casualty insurance products, covering accident insurance, bond insurance, health insurance, liability insurance, credit insurance, cargo insurance, and household property insurance. The company operates through the following segments: Insurance, Technology and Others. ZhongAn Online P&C Insurance was founded by Ya Ping Ou on October 9, 2013 and is headquartered in Shanghai, China.

Financial Highlights

Dec 2020 HKDUSD
Revenue20,669.87M2,665.01M
Gross Profit----
Operating income542.52M69.94M
Income before tax202.53M26.11M
Net income622.28M80.23M
EBITDA----
Diluted EPS0.420.05
Dividends Per Share00
Total Assets54,635.95M7,046.29M
Total liabilities34,013.71M4,386.68M
Total equity18,620.89M2,401.50M
Operating cash flow7,142.75M920.93M
Currency in HKDCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 3,864.18M 6,286.34M 11,501.32M 16,877.42M 20,669.87M
Gross Profit -- -- -- -- --
Operating income 15.44M -786.12M -2,001.97M -379.86M 542.52M
Income before tax 15.20M -1,152.37M -2,152.14M -642.80M 202.53M
Net income 10.95M -1,149.91M -2,065.56M -514.91M 622.28M
EBITDA -- -- -- -- --
Diluted EPS 0.00 -0.88 -1.40 -0.35 0.42
Dividends Per Share -- 0 0 0 0
Total Assets 10,384.52M 25,229.84M 30,226.28M 34,853.29M 54,635.95M
Total liabilities 2,732.36M 4,497.31M 11,439.27M 16,390.27M 34,013.71M
Total equity 7,652.15M 20,559.92M 17,598.03M 16,680.10M 18,620.89M
Operating cash flow 1,060.28M 32.97M -868.28M 753.36M 7,142.75M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 497.80M 806.68M 1,467.46M 2,154.05M 2,665.01M
Gross Profit -- -- -- -- --
Operating income 1.98M -100.87M -255.43M -48.48M 69.94M
Income before tax 1.95M -147.87M -274.59M -82.04M 26.11M
Net income 1.41M -147.56M -263.54M -65.71M 80.23M
EBITDA -- -- -- -- --
Diluted EPS 0.00 -0.11 -0.17 -0.04 0.05
Dividends Per Share -- 0 0 0 0
Total Assets 1,339.39M 3,227.43M 3,860.63M 4,473.07M 7,046.29M
Total liabilities 352.42M 575.30M 1,461.07M 2,103.52M 4,386.68M
Total equity 986.97M 2,630.05M 2,247.70M 2,140.72M 2,401.50M
Operating cash flow 136.59M 4.23M -110.78M 96.15M 920.93M

Valuation Measures

Dec 2020
PER85.49
ROA1.39%
ROE3.52%
Operating margin2.62%
Profit margin3.01%

Key executives

  • CEO, General Manager & Executive Director: Xing Jiang
  • Chief Financial & Investment Officer, Vice GM: Gao Feng Li
  • Secretary & Chief Legal Officer: Yong Bo Zhang
  • Financial Director: Rui Sun
  • Audit Director: Wang Xiaoming

Shareholders

  • Ant Group Co., Ltd. (14.0%)
  • Ping An Insurance (Group) Co. of China Ltd. (10.5%)
  • Tencent Holdings Ltd. (10.5%)
  • OU YA FEI /ZHONG AN/ (9.8%)
  • ZHANG ZHEN /ZHONG AN/ (6.3%)
  • Sinolink Worldwide Holdings Ltd. (5.7%)
  • SB Investment Advisers (UK) Ltd. (1.8%)
  • Krane Funds Advisors LLC (1.2%)
  • Credit Suisse Asset Management (Schweiz) AG (1.2%)
  • Nikko Asset Management Americas, Inc. (1.1%)

Contact Details

  • Website:http://www.zhongan.com
  • Address: 4-5/F, Associate Mission Building, No.169 Yuanmingyuan Road, Shanghai, 200436, China
  • Phone: +86.400.9999595

Related Companies

  • Zhongan Information Technology Services Co., Ltd.
  • Zhongan International Investment Management Co.
  • Zhongan Online Insurance Broker Ltd. Co.
  • Hebei Xiongan Zhongan Financial Service Information Technology
  • Zhongan International Financial Services Ltd.
  • Hangzhou Qihui Internet Technology Ltd. Co.
  • ZhongAn (ShenZhen) Life Sciences Co., Ltd.
  • ZhongAn (HaiNan) Medical Technology Co., Ltd.
  • Shanghai Lianmo Information Technology Co., Ltd.
  • ZA Technology Services Ltd.
  • ZhongAn Digital Asset Group Ltd.
  • ZA Care Ltd.
  • ZhongAn Financial Services Ltd.
  • ZA Tech Global Ltd.
  • ZhongAn (Hainan) Internet Hospital Ltd.
  • ZhongAn (Hainan) Telemedicine Centre Ltd.
  • Ningbo Haoyin Biotechnology Co., Ltd.
  • ZA Tech Global (Cayman) Ltd.
  • ZA Tech Japan, Inc.
  • ZA Tech Global (Singapore) Pte Ltd.
  • Zhongan Technologies International Group Ltd. (China)
  • ZA Bank Ltd.
  • Zhong An Online Property Insurance Co., Ltd. (DSG)

Competitors

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