Ping An Insurance (Group) Company of China Overview

  • Year Founded
  • 1988

Year Founded

  • Status
  • Public

  • Employees
  • 288,751

Employees

  • Stock Symbol
  • 601318

Stock Symbol

  • 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

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
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
Primary Industry
Multi-line Insurance
Other Industries
Other Financial Services
Regional Banks
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

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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
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
288,751 As of 2023

Shanghai, China
 

Shanghai, China
 
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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
You’re viewing 5 of 45 competitors. Get the full list »

Ping An Insurance (Group) Company of China Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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 (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
You’re viewing 5 of 72 investments and acquisitions. Get the full list »

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

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

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
  • 19 buyers
Anneng 25-Feb-2021 Completed
  • 4 buyers
Joonko (Consumer Finance) 16-Sep-2019 Completed
  • 4 buyers
Huya 16-May-2017 Completed
  • 6 buyers
Qihoo 360 Technology 15-Jul-2016 Buyout/LBO Completed
  • 11 buyers
You’re viewing 5 of 18 exits. Get the full list »

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
You’re viewing 5 of 12 affiliates. Get the full list.  »

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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