Ping An Insurance (Group) Company of China Overview
- Year Founded
-
1988

- Status
-
Public
- Employees
-
288,751

- Stock Symbol
-
601318

- Investments
-
72
- Share Price
-
$6.98
- (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 89%, 8%, 23%, -18%, and 2% of the company's operating profits, respectively, in 2023.
Contact Information
Website
www.group.pingan.comCorporate 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
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
Ping An Insurance (Group) Company of China Stock Performance
As of 13-Feb-2025, Ping An Insurance (Group) Company of China’s stock price is $6.98. Its current market cap is $118B with 18.2B shares.
(As of Thursday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$6.98 | $6.99 | $5.20 - $8.94 | $118B | 18.2B | 54.7M | $0.92 |
Ping An Insurance (Group) Company of China Financials Summary
As of 30-Sep-2024, Ping An Insurance (Group) Company of China has a trailing 12-month revenue of $122B.
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
---|---|---|---|---|
EV | 856,908,659 | 797,705,873 | 937,399,074 | 985,224,948 |
Revenue | 121,574,124 | 113,367,577 | 113,426,307 | 163,781,461 |
EBITDA | 92,936,004 | 86,576,168 | 88,106,389 | 9,090,951 |
Net Income | 16,337,494 | 12,108,333 | 16,483,383 | 15,737,454 |
Total Assets | 1,787,393,013 | 1,634,090,938 | 1,595,805,377 | 1,591,130,674 |
Total Debt | 831,661,653 | 806,125,471 | 807,463,803 | 919,966,743 |
Ping An Insurance (Group) Company of China Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Ping An Insurance (Group) Company of China Comparisons
Industry
Financing
Details
Ping An Insurance (Group) Company of China Competitors (45)
One of Ping An Insurance (Group) Company of China’s 45 competitors is China Pacific Insurance, a Formerly PE-Backed company based in Shanghai, China.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
China Pacific Insurance | Formerly PE-Backed | Shanghai, China | ||||
ZhongAn | Formerly PE-Backed | Shanghai, China | ||||
China Life Insurance | Corporate Backed or Acquired | Beijing, China | ||||
Transamerica Life Insurance Company | Private Debt Financed | Cedar Rapids, IA | ||||
New York Life Insurance Company | Private Debt Financed | New York, NY |
Ping An Insurance (Group) Company of China Signals
Ping An Insurance (Group) Company of China Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
Ping An Insurance (Group) Company of China Investments & Acquisitions (72)
Ping An Insurance (Group) Company of China’s most recent deal was a Buyout/LBO with AltExchange. The deal was made on 30-Oct-2024.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
AltExchange | 30-Oct-2024 | Buyout/LBO | Financial Software | ||
Founder Group | 15-Feb-2023 | Merger/Acquisition | Software Development Applications | ||
REPT BATTERO | 11-Aug-2022 | Early Stage VC | Electrical Equipment | ||
Senscomm | 16-May-2022 | Early Stage VC | Application Specific Semiconductors | ||
Hefei Sineva | 01-Sep-2021 | Later Stage VC | Computers, Parts and Peripherals |
Ping An Insurance (Group) Company of China ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
15.61 | 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
Management
Management is related to actions taken to manage ESG issues
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
of 15,120
Rank
Percentile

Insurance
Industry
of 300
Rank
Percentile

Life and Health Insurance
Subindustry
of 94
Rank
Percentile

Ping An Insurance (Group) Company of China Exits (18)
Ping An Insurance (Group) Company of China’s most recent exit was on 11-Aug-2022 from REPT BATTERO. The exit was categorized as with 19 buyers.
Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
---|---|---|---|---|---|
REPT BATTERO | 11-Aug-2022 | Completed |
|
||
Anneng | 25-Feb-2021 | Completed |
|
||
Joonko (Consumer Finance) | 16-Sep-2019 | Completed |
|
||
Huya | 16-May-2017 | Completed |
|
||
Qihoo 360 Technology | 15-Jul-2016 | Buyout/LBO | Completed |
|
Affiliates
Subsidiaries (12)
Name | Industry | Location | Year Founded |
---|---|---|---|
Ping An Medical and Healthcare Management | Shanghai, China | 2016 | |
Ping An Ventures | Shanghai, China | 2012 | |
Lufax | Shanghai, China | 2011 | |
Ping An Capital | Shenzhen, China | 2007 | |
Ping An Pay Electronic Payment | Shanghai, China | 2002 |
Ping An Insurance (Group) Company of China FAQs
-
When was Ping An Insurance (Group) Company of China founded?
Ping An Insurance (Group) Company of China was founded in 1988.
-
Where is Ping An Insurance (Group) Company of China headquartered?
Ping An Insurance (Group) Company of China is headquartered in Shenzhen, China.
-
What is the size of Ping An Insurance (Group) Company of China?
Ping An Insurance (Group) Company of China has 288,751 total employees.
-
What industry is Ping An Insurance (Group) Company of China in?
Ping An Insurance (Group) Company of China’s primary industry is Multi-line Insurance.
-
Is Ping An Insurance (Group) Company of China a private or public company?
Ping An Insurance (Group) Company of China is a Public company.
-
What is Ping An Insurance (Group) Company of China’s stock symbol?
The ticker symbol for Ping An Insurance (Group) Company of China is 601318.
-
What is the current stock price of Ping An Insurance (Group) Company of China?
As of 13-Feb-2025 the stock price of Ping An Insurance (Group) Company of China is $6.98.
-
What is the current market cap of Ping An Insurance (Group) Company of China?
The current market capitalization of Ping An Insurance (Group) Company of China is $118B.
-
What is Ping An Insurance (Group) Company of China’s current revenue?
The trailing twelve month revenue for Ping An Insurance (Group) Company of China is $122B.
-
Who are Ping An Insurance (Group) Company of China’s competitors?
China Pacific Insurance, ZhongAn, China Life Insurance, Transamerica Life Insurance Company, and New York Life Insurance Company are some of the 45 competitors of Ping An Insurance (Group) Company of China.
-
What is Ping An Insurance (Group) Company of China’s annual earnings per share (EPS)?
Ping An Insurance (Group) Company of China’s EPS for 12 months was $0.92.
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