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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 2018 HKDUSD
Revenue11,501.32M1,467.46M
Gross Profit----
Operating income-2,001.97M-255.43M
Income before tax-2,152.14M-274.59M
Net income-2,065.56M-263.54M
EBITDA----
Diluted EPS-1.40-0.17
Dividends Per Share00
Total Assets30,226.28M3,860.63M
Total liabilities11,439.27M1,461.07M
Total equity17,598.03M2,247.70M
Operating cash flow-868.28M-110.78M
Currency in HKDCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 959.95M 2,886.02M 3,864.18M 6,286.34M 11,501.32M
Gross Profit -- -- -- -- --
Operating income 53.21M 77.30M 15.44M -786.12M -2,001.97M
Income before tax 46.04M 73.50M 15.20M -1,152.37M -2,152.14M
Net income 46.54M 54.59M 10.95M -1,149.91M -2,065.56M
EBITDA -- -- -- -- --
Diluted EPS 0.03 0.03 0.00 -0.88 -1.40
Dividends Per Share -- -- -- 0 0
Total Assets 1,705.53M 9,621.19M 10,384.52M 25,229.84M 30,226.28M
Total liabilities 429.85M 1,388.01M 2,732.36M 4,497.31M 11,439.27M
Total equity 1,275.67M 8,233.18M 7,652.15M 20,559.92M 17,598.03M
Operating cash flow 223.06M 902.26M 1,060.28M 32.97M -868.28M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 123.79M 372.26M 497.80M 806.68M 1,467.46M
Gross Profit -- -- -- -- --
Operating income 6.86M 9.97M 1.98M -100.87M -255.43M
Income before tax 5.93M 9.48M 1.95M -147.87M -274.59M
Net income 6.00M 7.04M 1.41M -147.56M -263.54M
EBITDA -- -- -- -- --
Diluted EPS 0.00 0.00 0.00 -0.11 -0.17
Dividends Per Share -- -- -- 0 0
Total Assets 219.93M 1,241.42M 1,339.39M 3,227.43M 3,860.63M
Total liabilities 55.43M 179.09M 352.42M 575.30M 1,461.07M
Total equity 164.50M 1,062.32M 986.97M 2,630.05M 2,247.70M
Operating cash flow 28.76M 116.38M 136.59M 4.23M -110.78M

Valuation Measures

Dec 2018
PER--
ROA-7.44%
ROE-10.82%
Operating margin-17.40%
Profit margin-17.95%

Key executives

  • Chief Executive Officer & General Manager: Xing Jiang
  • Chief Operating Officer & Vice General Manager: Wei Xu
  • Chief Financial Officer & Finance Director: Yui Man Tang
  • Joint Secretary & Chief Legal Officer: Yong Bo Zhang
  • Chief Management Risk Officer & Vice GM: Ming Yu Ma

Shareholders

  • Keywise Capital Management (HK) Ltd. (9.0%)
  • Morgan Stanley (6.5%)
  • Nikko Asset Management Americas, Inc. (4.8%)
  • Equine Forces LP (4.8%)
  • CDH Wealth Management Co. Ltd. (3.0%)
  • The Vanguard Group, Inc. (2.5%)
  • China International Capital Corp. Ltd. (Invt Management) (2.1%)
  • BlackRock Fund Advisors (1.2%)
  • Krane Funds Advisors LLC (0.7%)
  • UBS Asset Management Switzerland AG (0.6%)

Contact Details

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

Related Companies

  • Zhong An Online Property Insurance Co., Ltd. (DSG)

Competitors

    Last Updated on 13 Dec, 2019

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