Ping An Insurance (Group) Company of China, Ltd. Logo

Ping An Insurance (Group) Company of China, Ltd.

2318.HK

(2.5)
Stock Price

46,80 HKD

0.74% ROA

9.94% ROE

9.14x PER

Market Cap.

1.018.121.610.071,00 HKD

135.9% DER

5.84% Yield

11.13% NPM

Ping An Insurance (Group) Company of China, Ltd. Stock Analysis

Ping An Insurance (Group) Company of China, Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Ping An Insurance (Group) Company of China, Ltd. Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.69x) suggests it's undervalued, making it an attractive opportunity for investors.

2 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

3 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

4 ROE

The stock's ROE falls within an average range (11.12%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (0.88%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

6 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

7 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (124) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 DER

The company has a high debt to equity ratio (156%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

9 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

11 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

Ping An Insurance (Group) Company of China, Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Ping An Insurance (Group) Company of China, Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Ping An Insurance (Group) Company of China, Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Ping An Insurance (Group) Company of China, Ltd. Revenue
Year Revenue Growth
2003 6.401.000.000
2004 7.014.000.000 8.74%
2005 9.816.000.000 28.55%
2006 22.355.168.000 56.09%
2007 165.774.000.000 86.51%
2008 140.007.000.000 -18.4%
2009 148.233.000.000 5.55%
2010 190.048.000.000 22%
2011 249.965.000.000 23.97%
2012 300.827.000.000 16.91%
2013 364.610.000.000 17.49%
2014 466.112.000.000 21.78%
2015 623.557.000.000 25.25%
2016 716.845.000.000 13.01%
2017 897.482.000.000 20.13%
2018 879.336.000.000 -2.06%
2019 1.056.117.000.000 16.74%
2020 1.094.865.000.000 3.54%
2021 1.057.550.000.000 -3.53%
2022 985.744.000.000 -7.28%
2023 757.012.000.000 -30.22%
2023 802.062.000.000 5.62%
2024 890.616.000.000 9.94%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Ping An Insurance (Group) Company of China, Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Ping An Insurance (Group) Company of China, Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 5.606.000.000
2004 6.098.000.000 8.07%
2005 7.032.000.000 13.28%
2006 9.759.034.000 27.94%
2007 15.465.000.000 36.9%
2008 14.025.000.000 -10.27%
2009 22.438.000.000 37.49%
2010 29.276.000.000 23.36%
2011 43.142.000.000 32.14%
2012 57.912.000.000 25.5%
2013 69.168.000.000 16.27%
2014 85.665.000.000 19.26%
2015 112.737.000.000 24.01%
2016 129.997.000.000 13.28%
2017 139.688.000.000 6.94%
2018 147.697.000.000 5.42%
2019 172.892.000.000 14.57%
2020 176.551.000.000 2.07%
2021 172.597.000.000 -2.29%
2022 164.700.000.000 -4.79%
2023 76.800.000.000 -114.45%
2023 80.212.000.000 4.25%
2024 75.484.000.000 -6.26%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Ping An Insurance (Group) Company of China, Ltd. EBITDA
Year EBITDA Growth
2003 3.009.000.000
2004 3.654.000.000 17.65%
2005 4.306.000.000 15.14%
2006 6.672.686.000 35.47%
2007 19.265.000.000 65.36%
2008 1.161.000.000 -1559.35%
2009 23.418.000.000 95.04%
2010 26.784.000.000 12.57%
2011 49.864.000.000 46.29%
2012 69.612.000.000 28.37%
2013 93.142.000.000 25.26%
2014 122.664.000.000 24.07%
2015 152.289.000.000 19.45%
2016 142.919.000.000 -6.56%
2017 203.290.000.000 29.7%
2018 263.419.000.000 22.83%
2019 122.475.000.000 -115.08%
2020 118.220.000.000 -3.6%
2021 64.603.000.000 -82.99%
2022 123.397.000.000 47.65%
2023 -5.412.000.000 2380.06%
2023 41.287.000.000 113.11%
2024 -986.824.000.000 104.18%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Ping An Insurance (Group) Company of China, Ltd. Gross Profit
Year Gross Profit Growth
2003 5.539.000.000
2004 6.115.000.000 9.42%
2005 8.836.000.000 30.79%
2006 48.008.725.000 81.6%
2007 162.025.000.000 70.37%
2008 135.664.000.000 -19.43%
2009 144.023.000.000 5.8%
2010 184.114.000.000 21.78%
2011 231.083.000.000 20.33%
2012 266.326.000.000 13.23%
2013 322.180.000.000 17.34%
2014 411.217.000.000 21.65%
2015 556.153.000.000 26.06%
2016 638.707.000.000 12.93%
2017 822.597.000.000 22.35%
2018 893.099.000.000 7.89%
2019 1.056.117.000.000 15.44%
2020 1.094.865.000.000 3.54%
2021 1.057.550.000.000 -3.53%
2022 985.744.000.000 -7.28%
2023 757.012.000.000 -30.22%
2023 802.062.000.000 5.62%
2024 890.616.000.000 9.94%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Ping An Insurance (Group) Company of China, Ltd. Net Profit
Year Net Profit Growth
2003 2.106.000.000
2004 2.608.000.000 19.25%
2005 3.338.000.000 21.87%
2006 5.985.962.000 44.24%
2007 15.086.000.000 60.32%
2008 662.000.000 -2178.85%
2009 13.883.000.000 95.23%
2010 17.311.000.000 19.8%
2011 19.475.000.000 11.11%
2012 20.050.000.000 2.87%
2013 28.154.000.000 28.78%
2014 39.279.000.000 28.32%
2015 54.203.000.000 27.53%
2016 62.394.000.000 13.13%
2017 89.088.000.000 29.96%
2018 107.404.000.000 17.05%
2019 149.407.000.000 28.11%
2020 143.099.000.000 -4.41%
2021 101.618.000.000 -40.82%
2022 83.774.000.000 -21.3%
2023 70.936.000.000 -18.1%
2023 85.665.000.000 17.19%
2024 151.640.000.000 43.51%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Ping An Insurance (Group) Company of China, Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 0 0%
2005 0 0%
2006 1 0%
2007 1 100%
2008 0 0%
2009 1 0%
2010 1 100%
2011 1 0%
2012 1 0%
2013 2 0%
2014 2 50%
2015 3 0%
2016 4 33.33%
2017 5 25%
2018 6 33.33%
2019 8 25%
2020 8 0%
2021 6 -60%
2022 5 -25%
2023 4 0%
2023 5 0%
2024 9 55.56%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Ping An Insurance (Group) Company of China, Ltd. Free Cashflow
Year Free Cashflow Growth
2003 34.435.000.000
2004 33.900.000.000 -1.58%
2005 30.731.000.000 -10.31%
2006 35.748.179.000 14.03%
2007 21.787.000.000 -64.08%
2008 55.980.000.000 61.08%
2009 89.662.000.000 37.57%
2010 135.624.000.000 33.89%
2011 69.955.000.000 -93.87%
2012 272.535.000.000 74.33%
2013 207.055.000.000 -31.62%
2014 156.730.000.000 -32.11%
2015 119.089.000.000 -31.61%
2016 211.197.000.000 43.61%
2017 102.026.000.000 -107%
2018 195.597.000.000 47.84%
2019 237.235.000.000 17.55%
2020 302.080.000.000 21.47%
2021 77.930.000.000 -287.63%
2022 477.034.000.000 83.66%
2023 352.593.000.000 -35.29%
2023 147.815.000.000 -138.54%
2024 -731.000.000 20320.93%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Ping An Insurance (Group) Company of China, Ltd. Operating Cashflow
Year Operating Cashflow Growth
2003 35.178.000.000
2004 34.370.000.000 -2.35%
2005 31.810.000.000 -8.05%
2006 37.357.714.000 14.85%
2007 26.433.000.000 -41.33%
2008 62.357.000.000 57.61%
2009 93.301.000.000 33.17%
2010 139.255.000.000 33%
2011 75.348.000.000 -84.82%
2012 280.897.000.000 73.18%
2013 217.138.000.000 -29.36%
2014 170.260.000.000 -27.53%
2015 135.618.000.000 -25.54%
2016 227.821.000.000 40.47%
2017 121.283.000.000 -87.84%
2018 206.260.000.000 41.2%
2019 249.445.000.000 17.31%
2020 312.075.000.000 20.07%
2021 90.116.000.000 -246.3%
2022 485.905.000.000 81.45%
2023 360.403.000.000 -34.82%
2023 150.351.000.000 -139.71%
2024 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Ping An Insurance (Group) Company of China, Ltd. Capital Expenditure
Year Capital Expenditure Growth
2003 743.000.000
2004 470.000.000 -58.09%
2005 1.079.000.000 56.44%
2006 1.609.535.000 32.96%
2007 4.646.000.000 65.36%
2008 6.377.000.000 27.14%
2009 3.639.000.000 -75.24%
2010 3.631.000.000 -0.22%
2011 5.393.000.000 32.67%
2012 8.362.000.000 35.51%
2013 10.083.000.000 17.07%
2014 13.530.000.000 25.48%
2015 16.529.000.000 18.14%
2016 16.624.000.000 0.57%
2017 19.257.000.000 13.67%
2018 10.663.000.000 -80.6%
2019 12.210.000.000 12.67%
2020 9.995.000.000 -22.16%
2021 12.186.000.000 17.98%
2022 8.871.000.000 -37.37%
2023 7.810.000.000 -13.59%
2023 2.536.000.000 -207.97%
2024 731.000.000 -246.92%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Ping An Insurance (Group) Company of China, Ltd. Equity
Year Equity Growth
2003 15.243.000.000
2004 30.629.000.000 50.23%
2005 33.189.000.000 7.71%
2006 37.918.743.000 12.47%
2007 109.218.000.000 65.28%
2008 81.469.000.000 -34.06%
2009 91.743.000.000 11.2%
2010 116.883.000.000 21.51%
2011 171.342.000.000 31.78%
2012 209.649.000.000 18.27%
2013 239.705.000.000 12.54%
2014 353.816.000.000 32.25%
2015 413.571.000.000 14.45%
2016 486.461.000.000 14.98%
2017 587.917.000.000 17.26%
2018 683.643.000.000 14%
2019 852.370.000.000 19.8%
2020 987.905.000.000 13.72%
2021 1.077.723.000.000 8.33%
2022 1.175.298.000.000 8.3%
2023 1.228.964.000.000 4.37%
2023 1.232.088.000.000 0.25%
2024 1.264.950.000.000 2.6%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Ping An Insurance (Group) Company of China, Ltd. Assets
Year Assets Growth
2003 182.657.000.000
2004 238.967.000.000 23.56%
2005 288.104.000.000 17.06%
2006 441.791.056.000 34.79%
2007 651.104.000.000 32.15%
2008 707.640.000.000 7.99%
2009 935.712.000.000 24.37%
2010 1.171.627.000.000 20.14%
2011 2.285.424.000.000 48.73%
2012 2.844.266.000.000 19.65%
2013 3.360.312.000.000 15.36%
2014 4.005.911.000.000 16.12%
2015 4.765.159.000.000 15.93%
2016 5.576.903.000.000 14.56%
2017 6.493.075.000.000 14.11%
2018 7.142.960.000.000 9.1%
2019 8.222.929.000.000 13.13%
2020 9.527.870.000.000 13.7%
2021 10.142.026.000.000 6.06%
2022 11.137.168.000.000 8.94%
2023 11.583.417.000.000 3.85%
2023 11.465.779.000.000 -1.03%
2024 12.226.666.000.000 6.22%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Ping An Insurance (Group) Company of China, Ltd. Liabilities
Year Liabilities Growth
2003 167.414.000.000
2004 208.338.000.000 19.64%
2005 254.915.000.000 18.27%
2006 403.872.313.000 36.88%
2007 541.886.000.000 25.47%
2008 626.171.000.000 13.46%
2009 843.969.000.000 25.81%
2010 1.054.744.000.000 19.98%
2011 2.114.082.000.000 50.11%
2012 2.634.617.000.000 19.76%
2013 3.120.607.000.000 15.57%
2014 3.652.095.000.000 14.55%
2015 4.351.588.000.000 16.07%
2016 5.090.442.000.000 14.51%
2017 5.905.158.000.000 13.8%
2018 6.459.317.000.000 8.58%
2019 7.370.559.000.000 12.36%
2020 8.539.965.000.000 13.69%
2021 9.064.303.000.000 5.78%
2022 9.961.870.000.000 9.01%
2023 10.354.453.000.000 3.79%
2023 10.233.691.000.000 -1.18%
2024 10.961.716.000.000 6.64%

Ping An Insurance (Group) Company of China, Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
44.88
Net Income per Share
4.99
Price to Earning Ratio
9.14x
Price To Sales Ratio
1.25x
POCF Ratio
3.03
PFCF Ratio
3.82
Price to Book Ratio
0.89
EV to Sales
1.76
EV Over EBITDA
-5.91
EV to Operating CashFlow
5.24
EV to FreeCashFlow
5.37
Earnings Yield
0.11
FreeCashFlow Yield
0.26
Market Cap
1.018,12 Bil.
Enterprise Value
1.431,19 Bil.
Graham Number
76.02
Graham NetNet
-558.29

Income Statement Metrics

Net Income per Share
4.99
Income Quality
5.2
ROE
0.1
Return On Assets
0.01
Return On Capital Employed
-0.02
Net Income per EBT
0.71
EBT Per Ebit
-0.53
Ebit per Revenue
-0.3
Effective Tax Rate
0.1

Margins

Sales, General, & Administrative to Revenue
0.1
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
1
Operating Profit Margin
-0.3
Pretax Profit Margin
0.16
Net Profit Margin
0.11

Dividends

Dividend Yield
0.06
Dividend Yield %
5.84
Payout Ratio
0.52
Dividend Per Share
2.67

Operating Metrics

Operating Cashflow per Share
15.08
Free CashFlow per Share
14.71
Capex to Operating CashFlow
0.02
Capex to Revenue
0.01
Capex to Depreciation
0.7
Return on Invested Capital
-0.1
Return on Tangible Assets
0.01
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0.37

Balance Sheet

Cash per Share
47,07
Book Value per Share
69,86
Tangible Book Value per Share
65.69
Shareholders Equity per Share
51.43
Interest Debt per Share
103.16
Debt to Equity
1.36
Debt to Assets
0.1
Net Debt to EBITDA
-1.7
Current Ratio
8.28
Tangible Asset Value
1.189,58 Bil.
Net Current Asset Value
-10.109,31 Bil.
Invested Capital
880816000000
Working Capital
749,40 Bil.
Intangibles to Total Assets
0.01
Average Receivables
0,00 Bil.
Average Payables
7,60 Bil.
Average Inventory
0
Debt to Market Cap
1.24

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Ping An Insurance (Group) Company of China, Ltd. Dividends
Year Dividends Growth
2005 0
2006 0 0%
2007 0 0%
2008 1 0%
2009 0 0%
2010 0 0%
2011 1 0%
2012 0 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 100%
2018 1 0%
2019 2 100%
2020 2 0%
2021 3 0%
2022 3 0%
2023 3 0%
2024 3 0%

Ping An Insurance (Group) Company of China, Ltd. Profile

About Ping An Insurance (Group) Company of China, Ltd.

Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for insurance, banking, asset management, and fintech and healthtech businesses in the People's Republic of China. The company's Life and Health Insurance segment offers term, whole-life, endowment, annuity, investment-linked, universal life, and health care and medical insurance to individual and corporate customers. Its Property and Casualty Insurance segment provides auto, non-auto, and accident and health insurance to individual and corporate customers. The company's Banking segment undertakes loan and intermediary businesses with corporate and retail customers; and offers wealth management and credit card services to individual customers. Its Trust segment provides trust services; and undertakes investing activities. The company's Securities segment offers brokerage, trading, investment banking, and asset management services. Its Other Asset Management segment provides investment management, finance lease, and other asset management services. The company's Technology segment offers financial and daily-life services through internet platforms, such as financial transaction information service platform, and health care service platform. It also provides annuity insurance, investment management, IT and business process outsourcing, real estate investment, futures brokerage, consulting, project investment, financial advisory, currency brokerage, property agency, fund raising and distribution, real estate development and leasing, and insurance agency services. In addition, the company provides factoring, equity investment, financing guarantee, logistics, management consulting, e-commerce, credit information, and private equity financing services; and operates an expressway, as well as produces and sells consumer chemicals. Ping An Insurance (Group) Company of China, Ltd. was founded in 1988 and is based in Shenzhen, China.

CEO
Mr. Yonglin Xie Ph.D.
Employee
288.751
Address
Ping An Finance Center
Shenzhen, 518033

Ping An Insurance (Group) Company of China, Ltd. Executives & BODs

Ping An Insurance (Group) Company of China, Ltd. Executives & BODs
# Name Age
1 Mr. Xiaotao Guo
Co-Chief Executive Officer
70
2 Mr. Yonglin Xie Ph.D.
Co-Chief Executive Officer, President & Executive Director
70
3 Mr. Michael Guo
Co-Chief Executive Officer, Senior Vice President & Executive Director
70
4 Ms. Xiaolu Zhang
Compliance Officer & Head of Group Compliance
70
5 Ms. Fangfang Cai
Senior Vice President & Executive Director
70
6 Ms. Xin Fu
Executive Director & Senior Vice President
70
7 Mr. Baoxin Huang
Senior Vice President
70
8 Mr. Benjamin Deng
Assistant President & Chief Investment Officer
70
9 Mr. Ruisheng Sheng
Company Secretary & Board Secretary
70
10 Mr. Mingzhe Ma
Founder & Executive Chairman
70

Ping An Insurance (Group) Company of China, Ltd. Competitors