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

SHSC:2318 Stock Report

Market Cap: HK$940.3b

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 4.67 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 HK$68.55M. The average tenure of the management team and the board of directors is 3.2 years and 4.5 years respectively.

Key information

Yonglin Xie

Chief executive officer

CN¥3.9m

Total compensation

CEO salary percentage95.7%
CEO tenure6yrs
CEO ownership0.007%
Management average tenure3.2yrs
Board average tenure4.5yrs

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?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CN¥117b

Jun 30 2024n/an/a

CN¥90b

Mar 31 2024n/an/a

CN¥84b

Dec 31 2023CN¥4mCN¥4m

CN¥86b

Sep 30 2023n/an/a

CN¥106b

Jun 30 2023n/an/a

CN¥110b

Mar 31 2023n/an/a

CN¥124b

Dec 31 2022CN¥4mCN¥4m

CN¥111b

Sep 30 2022n/an/a

CN¥113b

Jun 30 2022n/an/a

CN¥114b

Mar 31 2022n/an/a

CN¥100b

Dec 31 2021CN¥5mCN¥4m

CN¥102b

Sep 30 2021n/an/a

CN¥122b

Jun 30 2021n/an/a

CN¥132b

Mar 31 2021n/an/a

CN¥144b

Dec 31 2020CN¥6mCN¥4m

CN¥143b

Compensation vs Market: Yonglin's total compensation ($USD535.84K) is below average for companies of similar size in the Hong Kong market ($USD882.82K).

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

CEO

Yonglin Xie (56 yo)

6yrs

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

NamePositionTenureCompensationOwnership
Mingzhe Ma
Founder & Executive Chairman36.8yrsCN¥3.59m0.016%
HK$ 152.8m
Yonglin Xie
Co-CEO, President & Executive Director6yrsCN¥3.91m0.0073%
HK$ 68.5m
Michael Guo
Co-CEO & Executive Directorno dataCN¥2.17m0.00039%
HK$ 3.7m
Benjamin Deng
Assistant President & Chief Investment Officer2.9yrsCN¥3.04m0.00013%
HK$ 1.2m
Xiaolu Zhang
Compliance Officer & Head of Group Compliance3.5yrsCN¥6.12m0.00071%
HK$ 6.7m
Fangfang Cai
Senior VP & Executive Director1.6yrsCN¥3.62m0.0034%
HK$ 32.1m
Baoxin Huang
Senior Vice President4.7yrsCN¥3.31m0.00076%
HK$ 7.1m
Xin Fu
Executive Director & Senior VP1.1yrsCN¥4.17m0.00043%
HK$ 4.0m
Ruisheng Sheng
Company Secretary & Board Secretary7.7yrsCN¥2.40m0.0031%
HK$ 28.7m
Xiaotao Guo
Co-Chief Executive Officer1.3yrsno data0.00039%
HK$ 3.7m
Zhichun Zhang
CFO & Financial Director1.9yrsno data0.00068%
HK$ 6.4m
James Garner
Chief Strategist & Head of Investor Relationsno datano datano data

3.2yrs

Average Tenure

54yo

Average Age

Experienced Management: 2318's management team is considered experienced (3.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mingzhe Ma
Founder & Executive Chairman36.8yrsCN¥3.59m0.016%
HK$ 152.8m
Yonglin Xie
Co-CEO, President & Executive Director4.7yrsCN¥3.91m0.0073%
HK$ 68.5m
Michael Guo
Co-CEO & Executive Directorless than a yearCN¥2.17m0.00039%
HK$ 3.7m
Fangfang Cai
Senior VP & Executive Director10.4yrsCN¥3.62m0.0034%
HK$ 32.1m
Xin Fu
Executive Director & Senior VPless than a yearCN¥4.17m0.00043%
HK$ 4.0m
Soopakij Chearavanont
Non-Executive Director11.5yrsCN¥548.00kno data
Jianyi Sun
Employee Representative Chairman of Supervisory Committee4.3yrsCN¥3.65m0.028%
HK$ 262.2m
Xiaoping Yang
Non-Executive Director11.5yrsCN¥548.00k0.00055%
HK$ 5.2m
Sing Yip Ng
Independent Non-Executive Director5.4yrsCN¥548.00kno data
Li Jin
Independent Non-Executive Director3.3yrsCN¥548.00kno data
Kong Ping Ng
Independent Non-Executive Director3.3yrsCN¥548.00kno data
Yong Huang
Chairman of Ping An Asset Management2.8yrsno datano data

4.5yrs

Average Tenure

60yo

Average Age

Experienced Board: 2318's board of directors are considered experienced (4.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 05:13
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ping An Insurance (Group) Company of China, Ltd. is covered by 69 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark William KellockBarclays
Dorris ChenBNP Paribas Securities (Asia)
Jennifer LawBOCI Research Ltd.