Ping An Insurance (Group) Co. of China Ltd ADR PNGAY
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
PAAMC HK's China Green Bond Fund Awarded ESG Fixed Income Fund of the Year (Asia) for Exceptional Performance
-
Ping An Co-CEO Michael Guo at "Summer Davos": Low Public Awareness of Financial Planning for Senior Care in China is Opportunity for Financial Services Industry
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Ping An Asset Management Up to No. 33 in Top 500 Asset Managers 2024
-
Ping An Receives Five "All-Asia Executive Team 2024" Accolades From Institutional Investor Magazine
-
Ping An Announces Brand Upgrade of "Ping An Family Doctor"
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Ping An: Ranked 29th in Forbes' Global 2000 2024, 1st among China's Insurance Companies
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Ping An CIO Benjamin Deng: Maintaining a "Double Barbell" Asset Allocation Strategy, Seeing Potential in Investment Opportunities Brought by Energy Transition
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Ping An Reports RMB38,709 million of Operating Profit Attributable to Shareholders of the Parent Company in Q1 2024, Life & Health NBV grew 20.7% YoY
Trading Information
- Previous Close Price
- $9.53
- Day Range
- $9.08–9.30
- 52-Week Range
- $7.60–14.70
- Bid/Ask
- $9.25 / $9.30
- Market Cap
- $84.68 Bil
- Volume/Avg
- 202,652 / 241,879
Key Statistics
- Price/Earnings (Normalized)
- 7.10
- Price/Sales
- 0.76
- Dividend Yield (Trailing)
- 7.24%
- Dividend Yield (Forward)
- 7.24%
- Total Yield
- 7.24%
Company Profile
Founded in 1988, Ping An Insurance is an integrated financial service provider headquartered in Shenzhen. The company has a focus on the offerings of healthcare services and integrated financial products. Ping An is China's second-largest life and P&C insurer. The company strives for an integrated financial services platform comprising life insurance, P&C insurance, banking, other financial services, and technology. These business segments contributed 89%, 8%, 23%, -18%, and 2% of the company’s operating profits, respectively, in 2023.
- Sector
- Financial Services
- Industry
- Insurance - Life
- Stock Style Box
- Large Value
- Total Number of Employees
- 288,751
- Website
- https://www.pingan.cn
Competitors
Valuation
Metric
|
PNGAY
|
601628
|
01336
|
---|---|---|---|
Price/Earnings (Normalized) | 7.10 | 35.27 | 6.77 |
Price/Book Value | 0.67 | 1.81 | 0.47 |
Price/Sales | 0.76 | 1.49 | 0.65 |
Price/Cash Flow | 2.67 | 2.17 | 0.49 |
Price/Earnings
PNGAY
601628
01336
Financial Strength
Metric
|
PNGAY
|
601628
|
01336
|
---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 1.00 | — | 1.04 |
Quick Ratio
No chart available
Profitability
Metric
|
PNGAY
|
601628
|
01336
|
---|---|---|---|
Return on Assets (Normalized) | 0.94% | 0.96% | 0.62% |
Return on Equity (Normalized) | 11.99% | 12.05% | 7.77% |
Return on Invested Capital (Normalized) | 7.89% | 5.38% | 27.23% |
Return on Assets
PNGAY
601628
01336
Insurance - Life Industry Comparables
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|---|
China Life Insurance Co Ltd Class H
CILJF
| — | Crn | $98.3 Bil | |||
Ping An Insurance (Group) Co. of China Ltd Class H
PIAIF
| Czmmjngzx | Wwny | $97.1 Bil | |||
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