Ping An Insurance (Group) Company of China Balance Sheet Health
Financial Health criteria checks 5/6
Ping An Insurance (Group) Company of China has a total shareholder equity of CN¥1,229.0B and total debt of CN¥1,655.8B, which brings its debt-to-equity ratio to 134.7%. Its total assets and total liabilities are CN¥11,583.4B and CN¥10,354.5B respectively. Ping An Insurance (Group) Company of China's EBIT is CN¥144.8B making its interest coverage ratio 5.9. It has cash and short-term investments of CN¥2,301.9B.
Key information
134.7%
Debt to equity ratio
CN¥1.66t
Debt
| Interest coverage ratio | 5.9x |
| Cash | CN¥2.30t |
| Equity | CN¥1.23t |
| Total liabilities | CN¥10.35t |
| Total assets | CN¥11.58t |
Recent financial health updates
No updates
Recent updates
A Piece Of The Puzzle Missing From Ping An Insurance (Group) Company of China, Ltd.'s (HKG:2318) Share Price
Dec 27
Ping An Insurance (Group) Company of China (HKG:2318) Is Increasing Its Dividend To CN¥1.06
Sep 08Ping An Insurance (Group) Company of China's (HKG:2318) Dividend Will Be Increased To CN¥1.06
Aug 25Ping An Insurance (Group) Company of China (HKG:2318) Is Increasing Its Dividend To HK$1.06
Sep 26Ping An Insurance (Group) Company of China's (HKG:2318) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 12Ping An Insurance (Group) Company of China (HKG:2318) Is Increasing Its Dividend To HK$1.06
Aug 28Is Now The Time To Put Ping An Insurance (Group) Company of China (HKG:2318) On Your Watchlist?
May 16Is Ping An Insurance (Group) Company of China, Ltd.'s (HKG:2318) ROE Of 16% Impressive?
Mar 09What Makes Ping An Insurance (Group) Company of China, Ltd. (HKG:2318) A Great Dividend Stock?
Feb 15
Did You Participate In Any Of Ping An Insurance (Group) Company of China's (HKG:2318) Fantastic 225% Return ?
Jan 25Do Institutions Own Ping An Insurance (Group) Company of China, Ltd. (HKG:2318) Shares?
Dec 29Can Ping An Insurance (Group) Company of China, Ltd.'s (HKG:2318) ROE Continue To Surpass The Industry Average?
Dec 08How Does Ping An Insurance (Group) Company of China, Ltd. (HKG:2318) Fare As A Dividend Stock?
Nov 17Financial Position Analysis
Short Term Liabilities: 2318's short term assets (CN¥3,052.8B) exceed its short term liabilities (CN¥1,743.7B).
Long Term Liabilities: 2318's short term assets (CN¥3,052.8B) do not cover its long term liabilities (CN¥8,610.7B).
Debt to Equity History and Analysis
Debt Level: 2318 has more cash than its total debt.
Reducing Debt: 2318's debt to equity ratio has reduced from 171.7% to 134.7% over the past 5 years.
Debt Coverage: 2318's debt is well covered by operating cash flow (21.8%).
Interest Coverage: 2318's interest payments on its debt are well covered by EBIT (5.9x coverage).