XSHG601318
Market cap121bUSD
Dec 20, Last price
52.62CNY
1D
-0.51%
1Q
19.18%
Jan 2017
48.52%
Name
Ping An Insurance Group Co of China Ltd
Chart & Performance
Profile
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.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 802,062,000 -18.63% | 985,744,000 -6.79% | 1,057,550,000 -3.41% | |||||||
Cost of revenue | 80,212,000 | 164,700,000 | 172,597,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 721,850,000 | 821,044,000 | 884,953,000 | |||||||
NOPBT Margin | 90.00% | 83.29% | 83.68% | |||||||
Operating Taxes | 10,843,000 | (1,617,000) | 17,778,000 | |||||||
Tax Rate | 1.50% | 2.01% | ||||||||
NOPAT | 711,007,000 | 822,661,000 | 867,175,000 | |||||||
Net income | 85,665,000 2.26% | 83,774,000 -17.56% | 101,618,000 -28.99% | |||||||
Dividends | (50,707,000) | (71,328,000) | (87,356,000) | |||||||
Dividend yield | 7.94% | 7.80% | 8.76% | |||||||
Proceeds from repurchase of equity | (4,451,000) | |||||||||
BB yield | 0.70% | |||||||||
Debt | ||||||||||
Debt current | 93,322,000 | 121,945,000 | 116,102,000 | |||||||
Long-term debt | 1,405,021,000 | 1,369,064,000 | 1,486,781,000 | |||||||
Deferred revenue | 44,444,000 | 43,784,000 | ||||||||
Other long-term liabilities | 8,959,666,000 | (1,182,676,000) | (1,529,962,000) | |||||||
Net debt | (5,551,716,000) | (4,923,630,000) | (4,235,062,000) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 360,403,000 | 485,905,000 | 90,116,000 | |||||||
CAPEX | (7,810,000) | (8,871,000) | (12,186,000) | |||||||
Cash from investing activities | (104,001,000) | (224,049,000) | 27,933,000 | |||||||
Cash from financing activities | (222,056,000) | (230,659,000) | (136,412,000) | |||||||
FCF | 726,268,000 | 814,305,000 | 883,839,000 | |||||||
Balance | ||||||||||
Cash | 797,919,000 | 746,516,000 | 630,510,000 | |||||||
Long term investments | 6,252,140,000 | 5,668,123,000 | 5,207,435,000 | |||||||
Excess cash | 7,009,955,900 | 6,365,351,800 | 5,785,067,500 | |||||||
Stockholders' equity | 969,886,000 | 950,834,000 | 862,421,000 | |||||||
Invested Capital | 10,706,853,000 | 10,268,191,000 | 9,356,187,000 | |||||||
ROIC | 6.78% | 8.38% | 9.53% | |||||||
ROCE | 6.18% | 7.31% | 8.65% | |||||||
EV | ||||||||||
Common stock shares outstanding | 18,074,000 | 17,711,205 | 17,765,385 | |||||||
Price | 35.35 -31.56% | 51.65 -8.01% | 56.15 -35.44% | |||||||
Market cap | 638,915,900 -30.16% | 914,783,742 -8.29% | 997,526,346 -35.56% | |||||||
EV | (4,580,343,100) | (3,692,223,258) | (2,972,217,654) | |||||||
EBITDA | 741,080,000 | 839,396,000 | 901,466,000 | |||||||
EV/EBITDA | ||||||||||
Interest | 591,672,000 | 22,888,000 | 28,082,000 | |||||||
Interest/NOPBT | 81.97% | 2.79% | 3.17% |