Ping An Insurance (Group) Company of China Management

Management criteria checks 4/4

Ping An Insurance (Group) Company of China's CEO is Yonglin Xie, appointed in Dec 2018, has a tenure of 5.92 years. total yearly compensation is CN¥3.91M, comprised of 95.7% salary and 4.3% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth €8.74M. The average tenure of the management team and the board of directors is 3.1 years and 4.4 years respectively.

Key information

Yonglin Xie

Chief executive officer

CN¥3.9m

Total compensation

CEO salary percentage	95.7%
CEO tenure	5.9yrs
CEO ownership	0.007%
Management average tenure	3.1yrs
Board average tenure	4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Yonglin Xie's remuneration changed compared to Ping An Insurance (Group) Company of China's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	CN¥117b
Jun 30 2024	n/a	n/a	CN¥90b
Mar 31 2024	n/a	n/a	CN¥84b
Dec 31 2023	CN¥4m	CN¥4m	CN¥86b
Sep 30 2023	n/a	n/a	CN¥106b
Jun 30 2023	n/a	n/a	CN¥110b
Mar 31 2023	n/a	n/a	CN¥124b
Dec 31 2022	CN¥4m	CN¥4m	CN¥111b
Sep 30 2022	n/a	n/a	CN¥113b
Jun 30 2022	n/a	n/a	CN¥114b
Mar 31 2022	n/a	n/a	CN¥100b
Dec 31 2021	CN¥5m	CN¥4m	CN¥102b
Sep 30 2021	n/a	n/a	CN¥122b
Jun 30 2021	n/a	n/a	CN¥132b
Mar 31 2021	n/a	n/a	CN¥144b
Dec 31 2020	CN¥6m	CN¥4m	CN¥143b

Compensation vs Market: Yonglin's total compensation ($USD540.73K) is below average for companies of similar size in the German market ($USD4.90M).

Compensation vs Earnings: Yonglin's compensation has been consistent with company performance over the past year.

CEO

Yonglin Xie (56 yo)

5.9yrs

Tenure

CN¥3,910,000

Compensation

Mr. Yonglin Xie, Ph D., serves as Executive Director of Ping An Insurance (Group) Company of China, Ltd. since April 3, 2020.He serves as a Non-Executive Director at Lufax Holding Ltd since August 8, 2023...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mingzhe Ma	Founder & Executive Chairman	36.7yrs	CN¥3.59m	0.016% € 19.5m
Yonglin Xie	Co-CEO, President & Executive Director	5.9yrs	CN¥3.91m	0.0073% € 8.7m
Michael Guo	Co-CEO & Executive Director	no data	CN¥2.17m	0.00039% € 467.8k
Benjamin Deng	Assistant President & Chief Investment Officer	2.8yrs	CN¥3.04m	0.00013% € 155.9k
Xiaolu Zhang	Compliance Officer & Head of Group Compliance	3.4yrs	CN¥6.12m	0.00071% € 851.6k
Fangfang Cai	Senior VP & Executive Director	1.5yrs	CN¥3.62m	0.0034% € 4.1m
Baoxin Huang	Senior Vice President	4.6yrs	CN¥3.31m	0.00076% € 911.6k
Xin Fu	Executive Director & Senior VP	less than a year	CN¥4.17m	0.00043% € 515.8k
Ruisheng Sheng	Company Secretary & Board Secretary	7.6yrs	CN¥2.40m	0.0031% € 3.7m
Xiaotao Guo	Co-Chief Executive Officer	1.2yrs	no data	0.00039% € 467.8k
Zhichun Zhang	CFO & Financial Director	1.8yrs	no data	0.00068% € 815.6k
James Garner	Chief Strategist & Head of Investor Relations	no data	no data	no data

3.1yrs

Average Tenure

54yo

Average Age

Experienced Management: PZX's management team is considered experienced (3.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mingzhe Ma	Founder & Executive Chairman	36.7yrs	CN¥3.59m	0.016% € 19.5m
Yonglin Xie	Co-CEO, President & Executive Director	4.6yrs	CN¥3.91m	0.0073% € 8.7m
Michael Guo	Co-CEO & Executive Director	less than a year	CN¥2.17m	0.00039% € 467.8k
Fangfang Cai	Senior VP & Executive Director	10.3yrs	CN¥3.62m	0.0034% € 4.1m
Xin Fu	Executive Director & Senior VP	less than a year	CN¥4.17m	0.00043% € 515.8k
Soopakij Chearavanont	Non-Executive Director	11.4yrs	CN¥548.00k	no data
Jianyi Sun	Employee Representative Chairman of Supervisory Committee	4.3yrs	CN¥3.65m	0.028% € 33.4m
Xiaoping Yang	Non-Executive Director	11.4yrs	CN¥548.00k	0.00055% € 659.7k
Sing Yip Ng	Independent Non-Executive Director	5.3yrs	CN¥548.00k	no data
Li Jin	Independent Non-Executive Director	3.3yrs	CN¥548.00k	no data
Kong Ping Ng	Independent Non-Executive Director	3.3yrs	CN¥548.00k	no data
Yong Huang	Chairman of Ping An Asset Management	2.8yrs	no data	no data

4.4yrs

Average Tenure

60yo

Average Age

Experienced Board: PZX's board of directors are considered experienced (4.4 years average tenure).

Ping An Insurance (Group) Company of China Management

Management criteria checks 4/4

Key information

Recent management updates

Ping an Insurance (Group) Company of China, Ltd. Announces Appointment of Executive Directors

Ping An Insurance (Group) Company of China, Ltd., Annual General Meeting, May 30, 2024

Ping An Insurance (Group) Company of China, Ltd. Announces Resignation of Tan Sin Yin as Executive Vice President

Ping an Insurance (Group) Company of China, Ltd. Announces Appointment Mr. Wang Guangqian as an Independent Non-Executive Director

Ping an Insurance (Group) Company of China, Ltd. Appoints Zhang Zhichun as the Chief Financial Officer

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

Recent updates

Ping An Insurance (Group) Company of China, Ltd. to Report Q3, 2024 Results on Oct 29, 2024

Ping an Insurance (Group) Company of China, Ltd. Announces Appointment of Executive Directors

Ping an Insurance (Group) Company of China, Ltd. Announces It Will Pay Interim Dividend for the Six Months Ended June 30, 2024, Payable on 18 October 2024

Ping An Insurance (Group) Company of China, Ltd. announced a financing transaction

Ping An Insurance (Group) Company of China, Ltd. announced a financing transaction

Ping An Insurance (Group) Company of China, Ltd. to Report First Half, 2024 Results on Aug 22, 2024

Ping An Insurance (Group) Company of China, Ltd. Approves Final Dividend for the Year Ended December 31, 2023

Ping An Insurance (Group) Company of China, Ltd. to Report Q1, 2024 Results on Apr 23, 2024

Ping An Insurance (Group) Company of China, Ltd., Annual General Meeting, May 30, 2024

Ping An Insurance (Group) Company of China, Ltd. to Report Fiscal Year 2023 Results on Mar 21, 2024

Ping an Exited Its Country Garden Stake, Reportedly Has No Takeover Plan

Third quarter 2023 earnings released: EPS: CN¥1.00 (vs CN¥0.93 in 3Q 2022)

Ping An Insurance (Group) Company of China, Ltd. Announces Resignation of Tan Sin Yin as Executive Vice President

Ping An Insurance (Group) Company of China, Ltd. to Report Nine Months, 2023 Results on Oct 27, 2023

New minor risk - Profit margin trend

Upcoming dividend of CN¥0.93 per share at 5.6% yield

Second quarter 2023 earnings released: EPS: CN¥1.78 (vs CN¥2.27 in 2Q 2022)

Ping An Insurance (Group) Company of China, Ltd. Announces Interim Dividend for the Six Months Ended June 30, 2023, Payable on October 25, 2023

Ping an Insurance (Group) Company of China, Ltd. Announces Appointment Mr. Wang Guangqian as an Independent Non-Executive Director

Ping An Insurance (Group) Company of China, Ltd. to Report First Half, 2023 Results on Aug 29, 2023

Upcoming dividend of HK$1.70 per share at 5.1% yield

Shanghai Hejing Real Estate Development Company Limited entered into the Agreement to acquire Shanghai Zhaojing Real Estate Development Limited from Ping An Insurance (Group) Company of China, Ltd. for CNY 320 million.

Ping an Insurance (Group) Company of China, Ltd. Announces Final Dividend for the Year Ended December 31, 2022

Full year 2022 earnings released

Ping an Insurance (Group) Company of China, Ltd. Appoints Zhang Zhichun as the Chief Financial Officer

Ping An Insurance (Group) Company of China, Ltd. to Report Fiscal Year 2022 Results on Mar 15, 2023

Third quarter 2022 earnings released: EPS: CN¥0.89 (vs CN¥1.24 in 3Q 2021)

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

Investor sentiment deteriorated over the past week

Non-Executive Director recently bought €555k worth of stock

Upcoming dividend of HK$1.06 per share

Second quarter 2022 earnings released: EPS: CN¥2.19 (vs CN¥1.75 in 2Q 2021)

Ping an Insurance (Group) Company of China, Ltd. Distributes Interim Dividend for the Six Months Ended June 30, 2022, Payable on October 20, 2022

Ping An Insurance (Group) Company of China, Ltd. Announces Successful Launch of Pingan-3 Satellite Empowers Inclusive Finance

CBIRC Approves Qualification of He Jianfeng and Cai Xun as Non-Executive Directors of Ping an Insurance (Group) Company of China, Ltd

Ping An Insurance (Group) Company of China, Ltd. to Report First Half, 2022 Results on Aug 23, 2022

Upcoming dividend of CN¥1.50 per share

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

Full year 2021 earnings released: EPS: CN¥5.77 (vs CN¥8.10 in FY 2020)

Full year 2021 earnings: Revenues miss analyst expectations

Third quarter 2021 earnings released: EPS CN¥1.30 (vs CN¥1.94 in 3Q 2020)

Investor sentiment improved over the past week

Upcoming dividend of HK$1.06 per share

Insider recently bought €133k worth of stock

Ping An Insurance (Group) Company of China, Ltd. (SEHK:2318) announces an Equity Buyback for CNY 10,000 million worth of its shares.

Second quarter 2021 earnings released: EPS CN¥1.75 (vs CN¥2.42 in 2Q 2020)

Non-Executive Director Yongjian Wang has left the company

Non-Executive Director Yongjian Wang has left the company

Independent Non-Executive Director Ming Ge has left the company

Independent Non-Executive Director Ming Ge has left the company

Independent Non-Executive Director Ming Ge has left the company

Independent Non-Executive Director Ming Ge has left the company

Independent Non-Executive Director Ming Ge has left the company

Non-Executive Director Yongjian Wang has left the company

Ping An Insurance Plans to Acquire Stakes in Six Raffles City Properties from CapitaLand

First quarter 2021 earnings released

Upcoming dividend of HK$1.67 per share

FactSet and Ping an Insurance (Group) Company of China, Ltd. to Offer Investors ESG Content and Analytics on Chinese Companies

Ping an Insurance (Group) Company of China, Ltd. Announces Closing of Global Mezzanine Fund

City Developments Limited (SGX:C09) entered into agreement to acquire 55% stake in Shenzhen Longgang Tusincere Tech Park from Chongqing Xiexin Yuanchuang Industrial Co., Ltd. and Ping An Insurance (Group) Company of China, Ltd. (SEHK:2318).

Full year 2020 earnings released: EPS CN¥8.10 (vs CN¥8.41 in FY 2019)

Ping An Insurance (Group) Company of China, Ltd., Annual General Meeting, Mar 25, 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age