Ping An Insurance (Group) Company of China Overview

  • Year Founded
  • 1988

Year Founded

  • Status
  • Public

  • Employees
  • 344,223

Employees

  • Stock Symbol
  • 601318

Stock Symbol

  • Investments
  • 71

  • Share Price
  • $5.96
  • (As of Thursday Closing)

Ping An Insurance (Group) Company of China General Information

Description

Founded in 1988, Ping An Insurance is an integrated financial service provider headquartered in Shenzhen. The company has a focus on the offerings of healthcare services and integrated financial products. Ping An is China's second-largest life and P&C insurer. The company strives for an integrated financial services platform comprising life insurance, P&C insurance, banking, other financial services, and technology. These business segments contributed 51%, 11%, 33%, 4%, and 2% of the company's operating profits, respectively, in the first half of 2023.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Multi-line Insurance
Other Industries
Regional Banks
Other Financial Services
Stock Exchange
SHG
Corporate Office
  • 47/F,48/F,109/F,110/F,111/F,112F, Ping An Financial Centre
  • No. 5033 Yitian Road, Futian District
  • Shenzhen, Guangdong 518033
  • China
+86 400 000 0000

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Ping An Insurance (Group) Company of China Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$5.96 $5.92 $5.25 - $8.10 $97.5B 18.2B 53M $0.63

Ping An Insurance (Group) Company of China Financials Summary

In Thousands,
USD
TTM 30-Sep-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020
EV 828,087,790 937,399,074 985,224,948 970,259,700
Revenue 145,117,749 146,371,393 163,781,461 158,478,333
EBITDA 5,776,333 3,382,414 9,090,951 16,197,180
Net Income 11,138,694 12,439,454 15,737,454 20,713,139
Total Assets 1,571,472,679 1,614,246,088 1,591,130,674 1,458,354,886
Total Debt 768,421,505 933,769,081 919,966,743 859,671,220
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Ping An Insurance (Group) Company of China Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Ping An Insurance (Group) Company of China Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Founded in 1988, Ping An Insurance is an integrated financial service provider headquartered in Shenzhen. The company ha
Multi-line Insurance
Shenzhen, China
344,223 As of 2022
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Shanghai, China
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Shanghai, China
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Ping An Insurance (Group) Company of China Competitors (39)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
China Pacific Insurance Formerly PE-Backed Shanghai, China 000000 00.00 000000000 00.00
ZhongAn Formerly PE-Backed Shanghai, China 0000 00.000 000000000 00.000
China Life Insurance Corporate Backed or Acquired Beijing, China 000000 00.000 000000&0 00.000
Transamerica Life Insurance Company Corporate Backed or Acquired Cedar Rapids, IA 0000
Manulife Corporation Toronto, Canada 00000 00.000 000000000 00.000
You’re viewing 5 of 39 competitors. Get the full list »

Ping An Insurance (Group) Company of China Executive Team (36)

Name Title Board Seat Contact Info
Bo Yao Non-Executive Director
Sin Yin Tan Executive Director,Co-Chief Executive Officer & Executive Vice President.
Yonglin Xie Ph.D Co-Chief Executive Officer, Executive Director, President & Board Member
Michael Xiaotao Co-Chief Executive Officer
Benjamin Deng Chief Investment Officer & Assistant President
You’re viewing 5 of 36 executive team members. Get the full list »

Ping An Insurance (Group) Company of China Board Members (17)

Name Representing Role Since
00000000 000 Ping An Insurance (Group) Company of China Executive Director Senior Vice President Chief Human Resources Office 000 0000
000 0000 Ping An Insurance (Group) Company of China Co-Chief Investment Officer & Chairman of Investment Committee 000 0000
0000 000 Ping An Insurance (Group) Company of China Board Member 000 0000
000 000000 00.0 Ping An Insurance (Group) Company of China Board Member 000 0000
00 000 Ping An Insurance (Group) Company of China Board Member 000 0000
You’re viewing 5 of 17 board members. Get the full list »

Ping An Insurance (Group) Company of China Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Ping An Insurance (Group) Company of China Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Ping An Insurance (Group) Company of China Investments & Acquisitions (71)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Founder Group 15-Feb-2023 0000000000 00.000 Conglomerates
REPT BATTERO 11-Aug-2022 00000 0000 00000 Electrical Equipment
Senscomm 16-May-2022 00000 0000 000.00 Application Specific Semiconductors
Hefei Sineva 01-Sep-2021 00000 0000 000.00 Computers, Parts and Peripherals
Huadian New Energy Group 30-Aug-2021 Later Stage VC 00.000 Energy Production
You’re viewing 5 of 71 investments and acquisitions. Get the full list »

Ping An Insurance (Group) Company of China Subsidiaries (12)

Company Name Industry Location Founded
Ping An Medical and Healthcare Management Financial Software Shanghai, China 2016
Ping An Ventures Corporate Venture Capital Shanghai, China 0000
Lufax Financial Software Shanghai, China 0000
Ping An Capital PE/Buyout Shenzhen, China 0000
Ping An Pay Electronic Payment Financial Software Shanghai, China 0000
You’re viewing 5 of 12 subsidiaries. Get the full list »

Ping An Insurance (Group) Company of China ESG

Risk Overview

Risk Rating

Updated May, 24, 2023

17.8 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 15,605

Rank

00.0

Percentile

Insurance

Industry

00 of 296

Rank

00.00

Percentile

Life and Health Insurance

Subindustry

00 of 93

Rank

00.00

Percentile

To view Ping An Insurance (Group) Company of China’s complete esg history, request access »

Ping An Insurance (Group) Company of China Exits (17)

Company Name Exit Date Exit Type Exit Size Status Buyers
REPT BATTERO 11-Aug-2022 00000 00000 00 00000 Completed
  • 19 buyers
Anneng 25-Feb-2021 00000 00000 00 00000 Completed
  • 4 buyers
Joonko (Consumer Finance) 16-Sep-2019 0000 00000 000.00 Completed
  • 4 buyers
Huya 16-May-2017 00000 00000 00 0000 Completed
  • 6 buyers
Qihoo 360 Technology 15-Jul-2016 Buyout/LBO 00.00 Completed
  • 11 buyers
You’re viewing 5 of 17 exits. Get the full list »

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