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 MX$179.21M. The average tenure of the management team and the board of directors is 3.2 years and 4.5 years respectively.
Key information
Yonglin Xie
Chief executive officer
CN¥3.9m
Total compensation
CEO salary percentage | 95.7% |
CEO tenure | 6yrs |
CEO ownership | 0.007% |
Management average tenure | 3.2yrs |
Board average tenure | 4.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | CN¥117b |
Jun 30 2024 | n/a | n/a | CN¥90b |
Mar 31 2024 | n/a | n/a | CN¥84b |
Dec 31 2023 | CN¥4m | CN¥4m | CN¥86b |
Sep 30 2023 | n/a | n/a | CN¥106b |
Jun 30 2023 | n/a | n/a | CN¥110b |
Mar 31 2023 | n/a | n/a | CN¥124b |
Dec 31 2022 | CN¥4m | CN¥4m | CN¥111b |
Sep 30 2022 | n/a | n/a | CN¥113b |
Jun 30 2022 | n/a | n/a | CN¥114b |
Mar 31 2022 | n/a | n/a | CN¥100b |
Dec 31 2021 | CN¥5m | CN¥4m | CN¥102b |
Sep 30 2021 | n/a | n/a | CN¥122b |
Jun 30 2021 | n/a | n/a | CN¥132b |
Mar 31 2021 | n/a | n/a | CN¥144b |
Dec 31 2020 | CN¥6m | CN¥4m | CN¥143b |
Compensation vs Market: Yonglin's total compensation ($USD535.71K) is below average for companies of similar size in the MX market ($USD5.72M).
Compensation vs Earnings: Yonglin's compensation has been consistent with company performance over the past year.
CEO
Yonglin Xie (56 yo)
6yrs
Tenure
CN¥3,910,000
Compensation
Mr. Yonglin Xie, Ph D., serves as Executive Director of Ping An Insurance (Group) Company of China, Ltd. since April 3, 2020.He serves as a Non-Executive Director at Lufax Holding Ltd since August 8, 2023...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder & Executive Chairman | 36.8yrs | CN¥3.59m | 0.016% MX$ 399.5m | |
Co-CEO, President & Executive Director | 6yrs | CN¥3.91m | 0.0073% MX$ 179.2m | |
Co-CEO & Executive Director | no data | CN¥2.17m | 0.00039% MX$ 9.6m | |
Assistant President & Chief Investment Officer | 2.9yrs | CN¥3.04m | 0.00013% MX$ 3.2m | |
Compliance Officer & Head of Group Compliance | 3.5yrs | CN¥6.12m | 0.00071% MX$ 17.5m | |
Senior VP & Executive Director | 1.6yrs | CN¥3.62m | 0.0034% MX$ 83.8m | |
Senior Vice President | 4.7yrs | CN¥3.31m | 0.00076% MX$ 18.7m | |
Executive Director & Senior VP | 1.1yrs | CN¥4.17m | 0.00043% MX$ 10.6m | |
Company Secretary & Board Secretary | 7.7yrs | CN¥2.40m | 0.0031% MX$ 75.0m | |
Co-Chief Executive Officer | 1.3yrs | no data | 0.00039% MX$ 9.6m | |
CFO & Financial Director | 1.9yrs | no data | 0.00068% MX$ 16.7m | |
Chief Strategist & Head of Investor Relations | no data | no data | no data |
3.2yrs
Average Tenure
54yo
Average Age
Experienced Management: 2318 N's management team is considered experienced (3.2 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder & Executive Chairman | 36.8yrs | CN¥3.59m | 0.016% MX$ 399.5m | |
Co-CEO, President & Executive Director | 4.7yrs | CN¥3.91m | 0.0073% MX$ 179.2m | |
Co-CEO & Executive Director | less than a year | CN¥2.17m | 0.00039% MX$ 9.6m | |
Senior VP & Executive Director | 10.4yrs | CN¥3.62m | 0.0034% MX$ 83.8m | |
Executive Director & Senior VP | less than a year | CN¥4.17m | 0.00043% MX$ 10.6m | |
Non-Executive Director | 11.5yrs | CN¥548.00k | no data | |
Employee Representative Chairman of Supervisory Committee | 4.3yrs | CN¥3.65m | 0.028% MX$ 685.4m | |
Non-Executive Director | 11.5yrs | CN¥548.00k | 0.00055% MX$ 13.5m | |
Independent Non-Executive Director | 5.4yrs | CN¥548.00k | no data | |
Independent Non-Executive Director | 3.3yrs | CN¥548.00k | no data | |
Independent Non-Executive Director | 3.3yrs | CN¥548.00k | no data | |
Chairman of Ping An Asset Management | 2.8yrs | no data | no data |
4.5yrs
Average Tenure
60yo
Average Age
Experienced Board: 2318 N's board of directors are considered experienced (4.5 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/20 16:45 |
End of Day Share Price | 2024/11/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
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.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* 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
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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.
Analyst | Institution |
---|---|
Mark William Kellock | Barclays |
Dorris Chen | BNP Paribas Securities (Asia) |
Jennifer Law | BOCI Research Ltd. |