company background image
2318 logo

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

Last Price

HK$35.25

Market Cap

HK$735.3b

7D

12.3%

1Y

-37.3%

Updated

25 Apr, 2024

Data

Company Financials +

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

SZSC:2318 Stock Report

Market Cap: HK$735.3b

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¥35.25
52 Week HighCN¥61.70
52 Week LowCN¥29.55
Beta0.78
1 Month Change6.82%
3 Month Change4.44%
1 Year Change-37.28%
3 Year Change-59.13%
5 Year Change-63.07%
Change since IPO-14.86%

Recent News & Updates

Recent updates

Shareholder Returns

2318HK InsuranceHK Market
7D12.3%8.1%3.6%
1Y-37.3%-28.0%-10.1%

Return vs Industry: 2318 underperformed the Hong Kong Insurance industry which returned -28% over the past year.

Return vs Market: 2318 underperformed the Hong Kong Market which returned -10.1% over the past year.

Price Volatility

Is 2318's price volatile compared to industry and market?
2318 volatility
2318 Average Weekly Movement5.8%
Insurance Industry Average Movement5.4%
Market Average Movement7.4%
10% most volatile stocks in HK Market14.6%
10% least volatile stocks in HK Market3.7%

Stable Share Price: 2318 has not had significant price volatility in the past 3 months.

Volatility Over Time: 2318's weekly volatility (6%) 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$735.35b
Earnings (TTM)HK$90.78b
Revenue (TTM)HK$974.61b

8.8x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2318 income statement (TTM)
RevenueCN¥902.02b
Cost of RevenueCN¥633.31b
Gross ProfitCN¥268.71b
Other ExpensesCN¥184.69b
EarningsCN¥84.02b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.64
Gross Margin29.79%
Net Profit Margin9.31%
Debt/Equity Ratio177.8%

How did 2318 perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

51%

Payout Ratio

Does 2318 pay a reliable dividends?

See 2318 dividend history and benchmarks
When do you need to buy 2318 by to receive an upcoming dividend?
Ping An Insurance (Group) Company of China dividend dates
Ex Dividend DateJun 07 2024
Dividend Pay DateJul 26 2024
Days until Ex dividend42 days
Days until Dividend pay date91 days

Does 2318 pay a reliable dividends?

See 2318 dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.