Ping An Insurance (Group) Company of China, Ltd. Share Price and Company Fundamentals
Last traded: Today at 8:08 AM
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.
Key Metrics
PE ratio
7.38
PB ratio
0.88
Dividend yield
6.94%
Beta
0.66
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Insurance—Life / Financial Services |
|---|---|
| Full time employees | 355982 |
| Website | https://www.pingan.com |
| Mailing address | Ping An Finance Center 47th, 48th 108th, 109th 110th, 111th, 112th Floors,No.5033 Yitia Shenzhen China |
| Phone / Fax | 86 40 0886 6338 / 86 755 8243 1029 |
Dividends
Dividend yield
6.94%
Dividend amount
$3.30
Payout ratio
45.78%
5Y Avg. yield
3.20%
Ping An Insurance (Group) Company of China, Ltd. paid $3.30 dividend and the ex-dividend date was 20 Sept 2022.The dividend payout ratio is 45.78%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.2318 dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
2318's forward dividend amount is $2.87 and the forward dividend yield is 6.06%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Dec 2022, following are the company executives and directors listed on Ping An Insurance (Group) Company of China, Ltd..
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Mingzhe Ma | Founder & Exec. Chairman | 65 | 639.77k |
| Mr. Bo Yao | Exec. VP, CFO, Co-CEO & Exec. Director | 50 | 1.1M |
| Ms. Sin Yin Tan | Exec. Director, Co-CEO & Exec. VP | 44 | 1.34M |
| Mr. Yonglin Xie Ph.D. | Co-CEO, Pres & Exec. Director | 53 | 711.12k |
| Ms. Xiaolu Zhang | Chief Risk Officer, Compliance Officer & Head of Group Compliance | 53 | |
| Ms. Fangfang Cai | Sr. VP, Chief Human Resource Officer & Exec. Director | 47 | 627.44k |
| Mr. Baoxin Huang | Sr. VP & GM of Beijing Head Office of the Group | 56 | |
| Mr. Ruisheng Sheng | Company Sec. & Sec. of the Board of Directors | 51 | |
| Ms. Fu Xin | COO & Director of the Group's Strategic Devel. Center | ||
| Mr. Benjamin Deng | Assistant GM & Group CIO | 52 |
Profitability and management effectiveness
Profit margin
7.69%
Operating margin
12.16%
Return on assets
0.88%
Return on equity
11.05%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Ping An Insurance (Group) Company of China, Ltd. is and its enterprise value is .
The 2318's stocks Beta value is 0.66 making it 34% less volatile compared to HKEX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Ping An Insurance (Group) Company of China, Ltd. (HKEX:2318) Frequently Asked Questions
1. What is Ping An Insurance (Group) Company of China, Ltd.'s Stock Symbol?
Ping An Insurance (Group) Company of China, Ltd. trades on HKEX under the ticker symbol "2318".
2. What is Ping An Insurance (Group) Company of China, Ltd.'s stock price today?
One share of 2318 stock can currently be purchased for approximately $46.8.
3. How can I contact Ping An Insurance (Group) Company of China, Ltd.?
Ping An Insurance (Group) Company of China, Ltd.'s mailing address is Ping An Finance Center 47th, 48th 108th, 109th 110th, 111th, 112th Floors,No.5033 Yitia Shenzhen China. The company can be reached via phone at 86 40 0886 6338.
4. What is Ping An Insurance (Group) Company of China, Ltd.'s official website?
The official website of Ping An Insurance (Group) Company of China, Ltd. is https://www.pingan.com.