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Ping An Insurance (Group) Company of China SHSC:2318 Stock Report

Last Price

HK$46.00

Market Cap

HK$981.8b

7D

-4.6%

1Y

18.1%

Updated

18 Nov, 2024

Data

Company Financials +

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

SHSC:2318 Stock Report

Market Cap: HK$981.8b

2318 Stock Overview

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

2318 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends5/6

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

Price History & Performance

Summary of all time highs, changes and price drops for Ping An Insurance (Group) Company of China
Historical stock prices
Current Share PriceCN¥46.00
52 Week HighCN¥59.80
52 Week LowCN¥29.55
Beta0.84
11 Month Change-7.91%
3 Month Change33.72%
1 Year Change18.10%
33 Year Change-20.00%
5 Year Change-49.39%
Change since IPO53.59%

Recent News & Updates

Recent updates

Shareholder Returns

2318HK InsuranceHK Market
7D-4.6%-9.5%-5.3%
1Y18.1%15.6%11.3%

Return vs Industry: 2318 exceeded the Hong Kong Insurance industry which returned 15.6% over the past year.

Return vs Market: 2318 exceeded the Hong Kong Market which returned 11.3% over the past year.

Price Volatility

Is 2318's price volatile compared to industry and market?
2318 volatility
2318 Average Weekly Movement8.9%
Insurance Industry Average Movement9.5%
Market Average Movement9.0%
10% most volatile stocks in HK Market19.1%
10% least volatile stocks in HK Market4.2%

Stable Share Price: 2318 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2318's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988288,751Yonglin Xiewww.pingan.com

Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for insurance, banking, asset management, and technology businesses in the People’s Republic of China. The company operates through Life and Health Insurance; Property and Casualty Insurance; Banking; Asset Management; and Technology segments.

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

How do Ping An Insurance (Group) Company of China's earnings and revenue compare to its market cap?
2318 fundamental statistics
Market capHK$981.81b
Earnings (TTM)HK$126.29b
Revenue (TTM)HK$1.01t

8.6x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2318 income statement (TTM)
RevenueCN¥940.90b
Cost of RevenueCN¥634.03b
Gross ProfitCN¥306.87b
Other ExpensesCN¥189.60b
EarningsCN¥117.27b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)6.48
Gross Margin32.61%
Net Profit Margin12.46%
Debt/Equity Ratio164.4%

How did 2318 perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

37%

Payout Ratio