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PNGAY US​

Ping An Insurance (Group) Company of China, Ltd. American Depositary Receipt(PNGAY US)

$12.38-0.191.51%Ext:$12.39+0.010.10%(Market Closed · 20:00:00 UTC)

Overview

ProfileEntity Structure

Financials & Metrics

FinancialsChartingShort InterestEmployees

Ping An Insurance (Group) Company of China, Ltd. American Depositary Receipt — Company Profile

Ping An Insurance (Group) Company of China, Ltd., established in 1988 and headquartered in Shenzhen, China, offers a comprehensive range of financial and technological solutions across the People's Republic of China. Its core operations span insurance, banking, and asset management, complemented by its expanding presence in fintech and healthtech ventures. The company's Life and Health Insurance division serves both individual and corporate clients, providing diverse policies such as term, whole-life, endowment, annuity, investment-linked, universal life, and extensive healthcare and medical coverage. In parallel, the Property and Casualty Insurance unit furnishes protection for automotive and non-automotive assets, along with accident and health plans for a broad customer base. Through its Banking segment, Ping An engages in lending and financial intermediary activities for corporate and retail customers, additionally offering wealth management and credit card services to individuals. The Trust division provides specialized trust services and manages various investment undertakings. Its Securities segment delivers expertise in brokerage, trading, investment banking, and asset management. Separately, the Other Asset Management segment encompasses investment management, finance leasing, and other bespoke asset management provisions. A key aspect of its business is the Technology segment, which leverages internet platforms to deliver both financial transaction information and daily-life healthcare services. Beyond these primary business lines, Ping An provides a vast array of supplementary services. These include various forms of investment management (such as annuity insurance, real estate investment, futures brokerage, equity investment, and private equity financing), alongside IT and business process outsourcing, financial advisory, and consulting services. The company also handles currency and property brokerage, fund raising and distribution, real estate development and leasing, and insurance agency services. Its offerings further extend to factoring, financing guarantees, logistics, management consulting, e-commerce, and credit information. Notably, Ping An's diverse portfolio even includes the operation of an expressway and the manufacturing and sale of consumer chemical products.

Sector
Financials
Industry
Insurance
Exchange
UU
CEO
Yonglin Xie
Headquarters
Shenzhen, GD, CN
IPO Date
Jan 30, 2008
Employees
258,806
Website
www.pingan.cn

Key Metrics

Price
$13.32
Market Cap
$120.60B
Revenue (TTM)
$377.44B
Net Income (TTM)
$67.37B
EPS (TTM)
7.46
P/E (TTM)
0.76
P/B (TTM)
0.12
Dividend Yield
5.09%
ROE (TTM)
6.55%
ROA (TTM)
0.47%
Operating Margin
25.28%
Beta
0.55

Dividends

Last Dividend
$0.51
Last Yield
0.05%

Summary

Ping An Insurance (Group) Company of China, Ltd., established in 1988 and headquartered in Shenzhen, China, offers a comprehensive range of financial and technological solutions across the People's Republic of China. Its core operations span insurance, banking, and asset management, complemented by its expanding presence in fintech and healthtech ventures. The company's Life and Health Insurance division serves both individual and corporate clients, providing diverse policies such as term, whole-life, endowment, annuity, investment-linked, universal life, and extensive healthcare and medical coverage. In parallel, the Property and Casualty Insurance unit furnishes protection for automotive and non-automotive assets, along with accident and health plans for a broad customer base. Through its Banking segment, Ping An engages in lending and financial intermediary activities for corporate and retail customers, additionally offering wealth management and credit card services to individuals. The Trust division provides specialized trust services and manages various investment undertakings. Its Securities segment delivers expertise in brokerage, trading, investment banking, and asset management. Separately, the Other Asset Management segment encompasses investment management, finance leasing, and other bespoke asset management provisions. A key aspect of its business is the Technology segment, which leverages internet platforms to deliver both financial transaction information and daily-life healthcare services. Beyond these primary business lines, Ping An provides a vast array of supplementary services. These include various forms of investment management (such as annuity insurance, real estate investment, futures brokerage, equity investment, and private equity financing), alongside IT and business process outsourcing, financial advisory, and consulting services. The company also handles currency and property brokerage, fund raising and distribution, real estate development and leasing, and insurance agency services. Its offerings further extend to factoring, financing guarantees, logistics, management consulting, e-commerce, and credit information. Notably, Ping An's diverse portfolio even includes the operation of an expressway and the manufacturing and sale of consumer chemical products.

Website
www.pingan.cn
Location
Shenzhen, GD, CN
Phone86 40 0886 6338
Employees258,806
CEOYonglin Xie
Sector
Financials
Industry
Insurance
IPO DateJan 30, 2008

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Latest Documents

News

  • Ping An: Dipping A Toe Into China At The Right Price26 Sep
  • Are Investors Undervaluing Ping An Insurance Co. of China (PNGAY) Right Now?18 Sep
  • Here's Why Ping An Insurance Co. of China (PNGAY) Looks Ripe for Bottom Fishing16 Sep
  • Is Ping An Insurance Co. of China (PNGAY) Stock Undervalued Right Now?2 Sep
  • Is Ping An Insurance Co. of China (PNGAY) a Great Value Stock Right Now?17 Aug

Key Stats

Trading

Px/Chg 1D$13.32 / -0.97%
Avg Volume181.65K
Beta0.55
Mkt Cap120.60B
FD Mkt Cap132.00B

Float

Shrs Out/Float9.05B / 7.89B
Short Float0.00%
Days to Cover1.00
Stock Repurchased$0.00

Current Valuation

EV2.38T
EV/EBITDA8.45
EV/Sales2.16
P/B0.12
P/S0.11
FCF Yield240.80%
ROE6.55%
ROA0.47%
Current Ratio0.00

Dividend

Cash$0.51
Yield5.09%
Yield (TTM)5.09%

Estimates

P/E0.76
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings15.161.030.880.8471.271.79
Price / Sales0.240.130.080.110.570.32
Price / Book Value0.120.130.080.110.130.12
Price / Free Cash Flow0.390.240.210.280.770.42
ENTERPRISE VALUE METRICS
Enterprise Value1,691,767.81,165,228.61,095,542.4927,594.12,893,021.02,377,452.7
Enterprise Value / Sales4.421.321.210.9612.316.30
Enterprise Value / EBITDA24.810.000.000.00103.9620.11
Enterprise Value / EBIT24.810.000.000.00103.9620.11

Financials

Full Financials
Millions CNY5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue-5.5%1,273,016.0884,643.0906,876.0963,644.01,017,150.5
Gross Income-5.5%1,273,016.0884,643.0906,876.0963,644.01,017,150.5
EBITDA—----221,303.7
EBIT—----208,828.1
Net Income6.6%101,618.0111,008.085,665.0126,607.0131,106.0
EPS (Diluted)6.1%11.449.469.4813.9814.48
BALANCE SHEET
Cash & ST Inv-19.1%630,510.0747,658.0797,919.0950,371.0269,778.4
Total Assets8.2%10,142,026.011,009,940.011,583,417.012,957,827.013,907,305.5
Total Liabilities8.3%9,064,303.09,823,944.010,354,453.011,653,115.012,490,417.4
Total Shareholder Equity5.4%812,405.0869,191.0899,011.0928,600.01,001,054.9
CASH FLOW
Net Operating Cash Flow64.7%90,116.0476,776.0360,403.0382,474.0662,879.0
Cap Ex-9.6%-12,186.0-8,871.0-7,810.0-6,678.0-8,127.4
Free Cash Flow70.3%77,930.0467,905.0352,593.0375,796.0654,751.6

Enterprise Value Bridge

Millions CNY23 Oct '26
Price (As of 23 Oct '26)12.39
Basic Shares9,053.82
Market Cap112,176.8
Diluted Shares9,053.82
Fully Diluted Shares Outstanding9,053.82
Fully Diluted Market Cap112,176.8
+Consolidated Debt2,532,808.4
−In-the-Money Convertible Debt—
+Capital Leases4,559.6
+Operating Leases—
−Cash & Equivalents-702,098.9
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest426,146.5
+Pension Liabilities—
Enterprise Value2,369,032.7

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