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PZX AV​

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

$5.61+0.030.47%(Market Closed · 15:32:25 UTC · (15 min delay))

Overview

Profile

Financials & Metrics

FinancialsChartingEmployees

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

Established in Shenzhen, China, in 1988, Ping An Insurance (Group) Company of China, Ltd. functions as a comprehensive provider of financial and technological services throughout the People's Republic of China. Its extensive operations span insurance, banking, and asset management, alongside significant ventures in fintech and healthtech. The company's insurance divisions cater to both individual and corporate clients, offering a diverse portfolio that includes various life and health policies such as term, whole-life, endowment, annuity, investment-linked, universal life, and medical coverage. Moreover, its property and casualty segment provides protection for auto, non-auto, accident, and additional health-related risks. Within banking, Ping An facilitates loan and intermediary services for corporate and retail customers, in addition to offering wealth management and credit card services to individuals. Its robust asset management arm encompasses trust services, securities brokerage, trading, investment banking, and broader investment management, including finance leasing. A dedicated technology segment leverages internet platforms to deliver financial transaction information and healthcare services, among other daily-life solutions. Beyond these core activities, Ping An's wide-ranging business interests extend to annuity insurance, IT and business process outsourcing, real estate investment and development, various consulting and advisory services, futures brokerage, fund raising, logistics, e-commerce, credit information, and even includes the operation of an expressway and the manufacturing and sale of consumer chemicals.

Sector
Financials
Industry
Insurance
Exchange
AV
CEO
Yonglin Xie
Headquarters
Shenzhen, GD, CN
IPO Date
Apr 26, 2021
Employees
258,806
Website
www.pingan.cn

Key Metrics

Price
$5.88
Market Cap
$103.23B
Revenue (TTM)
$186.35B
Net Income (TTM)
$25.02B
EPS (TTM)
1.43
P/E (TTM)
0.80
P/B (TTM)
0.10
Dividend Yield
4.79%
ROE (TTM)
2.46%
ROA (TTM)
0.18%
Operating Margin
18.82%
Beta
0.06

Dividends

Last Dividend
$0.20
Last Yield
0.05%

Summary

Established in Shenzhen, China, in 1988, Ping An Insurance (Group) Company of China, Ltd. functions as a comprehensive provider of financial and technological services throughout the People's Republic of China. Its extensive operations span insurance, banking, and asset management, alongside significant ventures in fintech and healthtech. The company's insurance divisions cater to both individual and corporate clients, offering a diverse portfolio that includes various life and health policies such as term, whole-life, endowment, annuity, investment-linked, universal life, and medical coverage. Moreover, its property and casualty segment provides protection for auto, non-auto, accident, and additional health-related risks. Within banking, Ping An facilitates loan and intermediary services for corporate and retail customers, in addition to offering wealth management and credit card services to individuals. Its robust asset management arm encompasses trust services, securities brokerage, trading, investment banking, and broader investment management, including finance leasing. A dedicated technology segment leverages internet platforms to deliver financial transaction information and healthcare services, among other daily-life solutions. Beyond these core activities, Ping An's wide-ranging business interests extend to annuity insurance, IT and business process outsourcing, real estate investment and development, various consulting and advisory services, futures brokerage, fund raising, logistics, e-commerce, credit information, and even includes the operation of an expressway and the manufacturing and sale of consumer chemicals.

Website
www.pingan.cn
Location
Shenzhen, GD, CN
Phone86 40 0886 6338
Employees258,806
CEOYonglin Xie
Sector
Financials
Industry
Insurance
IPO DateApr 26, 2021

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Key Stats

Trading

Px/Chg 1D$5.88 / -0.44%
Avg Volume28.38
Beta0.06
Mkt Cap103.23B
FD Mkt Cap109.13B

Float

Shrs Out/Float17.54B / 15.78B
Short Float0.00%
Days to Cover0.00
Stock Repurchased$0.00

Current Valuation

EV873.22B
EV/EBITDA3.90
EV/Sales0.96
P/B0.10
P/S0.11
FCF Yield125.61%
ROE2.46%
ROA0.18%
Current Ratio0.23

Dividend

Cash$0.20
Yield4.79%
Yield (TTM)4.79%

Estimates

P/E0.80
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-0.330.940.840.78-8.354.13
Price / Sales0.190.140.090.110.070.55
Price / Book Value0.080.120.080.110.010.10
Price / Free Cash Flow0.310.220.200.260.070.80
ENTERPRISE VALUE METRICS
Enterprise Value1,362,144.81,152,122.41,094,576.7920,167.42,770,638.5873,219.1
Enterprise Value / Sales4.671.511.361.0014.784.69
Enterprise Value / EBITDA27.726.286.694.4399.6421.55
Enterprise Value / EBIT28.126.987.584.8599.6421.55

Financials

Full Financials
Millions CNY5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue-3.2%1,057,550.0763,874.0802,062.0916,615.0927,890.0
Gross Income-1.3%966,923.0753,946.0793,289.0908,774.0919,187.0
EBITDA4.7%184,175.0183,385.0163,693.0207,857.0221,639.8
EBIT5.7%167,662.0165,033.0144,463.0189,900.0209,145.3
Net Income6.6%101,618.0111,008.085,665.0126,607.0131,305.1
EPS (Diluted)6.8%5.724.734.746.997.44
BALANCE SHEET
Cash & ST Inv-19.1%630,510.0746,516.0797,919.0950,371.0269,753.7
Total Assets8.2%10,142,026.011,137,168.011,583,417.012,957,827.013,906,035.5
Total Liabilities8.3%9,064,303.09,961,870.010,354,453.011,653,115.012,489,276.8
Total Shareholder Equity5.4%812,405.0858,675.0899,011.0928,600.01,000,963.5
CASH FLOW
Net Operating Cash Flow64.7%90,116.0485,905.0360,403.0382,474.0663,885.7
Cap Ex-9.6%-12,186.0-8,871.0-7,810.0-6,678.0-8,139.7
Free Cash Flow70.3%77,930.0477,034.0352,593.0375,796.0655,746.0

Enterprise Value Bridge

Millions CNY23 Oct '26
Price (As of 23 Oct '26)5.61
Basic Shares17,544.71
Market Cap98,496.0
Diluted Shares20,017.60
Fully Diluted Shares Outstanding20,017.60
Fully Diluted Market Cap112,378.8
+Consolidated Debt1,337,507.0
−In-the-Money Convertible Debt—
+Capital Leases8,150.0
+Operating Leases—
−Cash & Equivalents-983,501.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest415,980.0
+Pension Liabilities—
Enterprise Value868,482.0

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