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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 2019 HKDUSD
Revenue16,877.42M2,154.05M
Gross Profit----
Operating income-379.86M-48.48M
Income before tax-642.80M-82.04M
Net income-514.91M-65.71M
EBITDA----
Diluted EPS-0.35-0.04
Dividends Per Share00
Total Assets34,853.29M4,473.07M
Total liabilities16,390.27M2,103.52M
Total equity16,680.10M2,140.72M
Operating cash flow753.36M96.15M
Currency in HKDCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 2,886.02M 3,864.18M 6,286.34M 11,501.32M 16,877.42M
Gross Profit -- -- -- -- --
Operating income 77.30M 15.44M -786.12M -2,001.97M -379.86M
Income before tax 73.50M 15.20M -1,152.37M -2,152.14M -642.80M
Net income 54.59M 10.95M -1,149.91M -2,065.56M -514.91M
EBITDA -- -- -- -- --
Diluted EPS 0.03 0.00 -0.88 -1.40 -0.35
Dividends Per Share -- -- 0 0 0
Total Assets 9,621.19M 10,384.52M 25,229.84M 30,226.28M 34,853.29M
Total liabilities 1,388.01M 2,732.36M 4,497.31M 11,439.27M 16,390.27M
Total equity 8,233.18M 7,652.15M 20,559.92M 17,598.03M 16,680.10M
Operating cash flow 902.26M 1,060.28M 32.97M -868.28M 753.36M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 372.26M 497.80M 806.68M 1,467.46M 2,154.05M
Gross Profit -- -- -- -- --
Operating income 9.97M 1.98M -100.87M -255.43M -48.48M
Income before tax 9.48M 1.95M -147.87M -274.59M -82.04M
Net income 7.04M 1.41M -147.56M -263.54M -65.71M
EBITDA -- -- -- -- --
Diluted EPS 0.00 0.00 -0.11 -0.17 -0.04
Dividends Per Share -- -- 0 0 0
Total Assets 1,241.42M 1,339.39M 3,227.43M 3,860.63M 4,473.07M
Total liabilities 179.09M 352.42M 575.30M 1,461.07M 2,103.52M
Total equity 1,062.32M 986.97M 2,630.05M 2,247.70M 2,140.72M
Operating cash flow 116.38M 136.59M 4.23M -110.78M 96.15M

Valuation Measures

Dec 2019
PER--
ROA-1.58%
ROE-3.00%
Operating margin-2.25%
Profit margin-3.05%

Key executives

  • Chief Executive Officer & General Manager: Xing Jiang
  • Chief Operating Officer & Vice General Manager: Wei Xu
  • Chief Financial & Investment Officer, Vice GM: Gao Feng Li
  • Joint Secretary & Chief Legal Officer: Yong Bo Zhang
  • Chief Marketing Officer & Vice General Manager: Ti Wu

Shareholders

  • SB Investment Advisers (UK) Ltd. (15.3%)
  • Equine Forces LP (4.8%)
  • Nikko Asset Management Americas, Inc. (3.6%)
  • 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 (0.5%)
  • Norges Bank Investment Management (0.4%)

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

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