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

$ 49.38 -6.41 %

Ping An Insurance (Group) Company of China, Ltd. operates as a leading, diversified financial services conglomerate within the People's Republic of China. Its extensive offerings span core areas like insurance, banking, asset management, and innovative fintech and healthtech solutions. The company's Life and Health Insurance division delivers a comprehensive spectrum of coverage, including term, whole-life, endowment, annuity, investment-linked, universal life, as well as various healthcare and medical insurance products, catering to both individual and corporate clientele. Its Property and Casualty Insurance segment provides protection for automobiles, other properties, and offers accident and health insurance to a diverse customer base. Ping An's Banking arm facilitates lending and intermediary services for corporate and retail customers, while also supplying wealth management and credit card services specifically for individuals. The Trust segment focuses on offering specialized trust services and engaging in investment activities. Its Securities operations encompass brokerage, trading, investment banking, and asset management services. Additionally, the Other Asset Management segment covers investment management, finance leasing, and other related asset management solutions. The Technology segment leverages internet platforms to deliver both financial and daily-life services, exemplified by its platforms for financial transaction information and healthcare services. Beyond these primary business lines, Ping An's broad portfolio extends to numerous other specialized services. These include annuity insurance, various forms of investment and asset management (such as real estate investment and futures brokerage), IT and business process outsourcing, financial advisory, currency brokerage, property and fund agency, factoring, equity investment, financing guarantees, logistics, management consulting, and e-commerce. Uniquely, the company also operates an expressway and is involved in the production and sale of consumer chemicals. Founded in 1988, Ping An Insurance (Group) Company of China, Ltd. is headquartered in Shenzhen, China.

CEO: Yonglin Xie - https://www.pingan.com

Price objectif

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Recommandation

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DCF

$ 18.54

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601318.SS vs S&P500

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Quick ratio

0.00

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

6.81

may indicate that the company is undervalued or has poor growth prospects.

EPS

7.25

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

13.45 %

reflects reasonable profitability, showing good use of equity.

ROIC

2.03 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

4.36

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

1.51

means it relies more on debt, which can increase financial risk.

Free cash flow per share

22.42

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

34.67 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
6 indicates moderate financial health
Altman score
0.37 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.00 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.11 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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