Ping An Insurance Group Co of China Ltd

Earnings data Q3 2019

Earnings data Q1 2020

Earnings data Q2 2020

Earnings data Q3 2020

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ping An Insurance (Group) Co. of China Ltd. engages in the provision of financial products and services. It also engages in life insurance, property and casualty insurance, trust, securities, banking, and other businesses. It operates through the following segments: Life and Health Insurance, Property and Casualty Insurance, Banking, Trust, Securities, Other Asset Management, and Technology Business. The Life and Health Insurance segment offers life insurance products, including term, whole-life, endowment, annuity, investment-linked, universal life and health care and medical insurance, reflecting performance summary of life insurance, annuity assurance, and health insurance subsidiaries. The Property and Casualty Insurance segment provides insurance products including auto insurance, non-auto insurance, accident and health insurance, reflecting performance of property and casualty insurance subsidiary. The Banking segment undertakes loan and intermediary business, wealth management, and credit card services. The Trust segment provides trust services and undertakes investing activities. The Securities segment undertakes brokerage, trading, investment banking and asset management services. The Other Asset Management segment provides investment management services and financial leasing business, reflecting performance of asset management and financial leasing and the other asset management subsidiaries. The Technology Business segment provides financial and daily-life services through internet platforms such as financial transaction information service platform, health care service platform, reflecting performance summary of the technology business subsidiaries, associates and jointly controlled entities. The company was founded by Ming Zhe Ma on May 27, 1988 and is headquartered in Shenzhen, China.

HONG KONG and SHANGHAI , June 14, 2024 /PRNewswire/ -- Forbes has published 2024 Forbes The Global 2000 ranking on 13 June 2024. With steady development of indicators including operating income, profit, asset scale and market value, Ping An Insurance (Group) Company of China, Ltd.

Ping An: Ranked 29th in Forbes' Global 2000 2024, 1st among China's Insurance Companies

HONG KONG and SHANGHAI , June 4, 2024 /PRNewswire/ -- China's macroeconomy and capital market development remains steady this year, and Ping An will maintain a balanced "double barbell" asset allocation to ensure stable returns, said Benjamin Deng, Chief Investment Officer of Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318).

Ping An CIO Benjamin Deng: Maintaining a "Double Barbell" Asset Allocation Strategy, Seeing Potential in Investment Opportunities Brought by Energy Transition

HSBC Holdings

HSBC Holdings PLC (LSE:HSBA) major shareholder Ping An will reportedly hold its US$13.3 billion stake in the bank despite speculation it was looking for an exit. A Reuters-cited source said on Friday that Ping An would “continue to hold the investment” and that the asset manager was “positive about HSBC”.

HSBC investor Ping An to retain stake - reports

Ping An Asset Management, HSBC Holdings PLC's largest shareholder, will continue to hold its investment in the Asia-focussed lender, a source close to the Chinese fund manager said on Friday, after reports it was considering selling more shares.

Top HSBC shareholder Ping An will retain investment in bank, source says, amid sale talk

Ping An last year had supported a shareholder motion to spin off HSBC's Asia business and establish fixed dividends. The motion was eventually defeated.

HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stake

HSBC's , largest shareholder, China's Ping An Insurance , is mulling options to reduce its 8% stake in the Asia-focussed lender, Bloomberg News reported on Thursday citing people familiar with the matter.

HSBC's biggest investor Ping An mulls options to cut stake, Bloomberg News reports

HSBC Holdings PLC (LSE:HSBA)'s largest Asia-based investor reportedly voted against reappointing outgoing chief executive Noel Quinn to the bank's board of directors. China's Ping An Insurance Group voted against the move at last Friday's annual shareholder meeting, according to Reuters, in protest of Quinn's leadership.

Ping An voted against reappointing HSBC chief executive to board - report

HSBC Holdings Plc's biggest Asian investor, China's Ping An Insurance Group Co, voted against the reappointment of departing chief executive Noel Quinn as a director at the bank's shareholder meeting, Bloomberg News reported on Saturday.

Ping An votes against reappointment of HSBC CEO as director, Bloomberg News reports

HONG KONG and SHANGHAI , April 23, 2024 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An," the "Company" or the "Group," HKEX: 2318; SSE: 601318) today announced its first quarter financial results for the three months ended March 31, 2024.

Ping An Reports RMB38,709 million of Operating Profit Attributable to Shareholders of the Parent Company in Q1 2024, Life & Health NBV grew 20.7% YoY

HONG KONG and SHANGHAI , April 15, 2024 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) has published the "Ping An Sustainability Report 2023: Together With Hope" (hereafter "the Report").

Ping An Releases 2023 Sustainability Report

HONG KONG and SHANGHAI , April 9, 2024 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) has again received a "Low Risk" ESG Risk Rating from Sustainalytics, ranked first in Mainland China's insurance sector.

Ping An receives Low Risk ESG rating from Sustainalytics Still #1 in Mainland China's insurance sector

HONG KONG and SHANGHAI, March 26, 2024 /PRNewswire/ -- Brand Finance, the leading brand valuation consultancy, has released its annual report on the most valuable and strongest insurance brands, Insurance 100 2024. (Ping An Insurance (Group) Company of China, Ltd.

Ping An Named Brand Finance's Most Valuable Insurance Brand in the World for the 8th Consecutive Year, with Brand Value Up 4.2%

Ping An Insurance (Group) Company of China Ltd (PNGAY) Q4 2023 Earnings Call Transcript

Life Insurance Rebounded with Life & Health NBV Growing 36.2% HONG KONG and SHANGHAI , March 21, 2024 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318; SSE: 601318) today announced its financial results for the year ended December 31, 2023.

Ping An Reports RMB117,989 million of Operating Profit Attributable to Shareholders of the Parent Company in 2023, cash dividend increased for 12 consecutive years

HONG KONG and SHANGHAI , Jan. 18, 2024 /PRNewswire/ -- Leading brand valuation consultancy Brand Finance has named China's Most Valuable Insurance Brand as Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318).

Ping An Named Brand Finance's Most Valuable Insurance Brand in China for the 8th Consecutive Year

HONG KONG and SHANGHAI , Dec. 19, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) announced that it was represented by Richard Sheng, Secretary of the Board of Directors of Ping An Group, at the launch of the Guidance for Disclosure of Environmental, Social and Governance (ESG) Information for Insurance Institutions, hosted by the Insurance Association of China.

The First ESG Disclosure Guidance for China's Insurance Industry Released With Significant Contributions from Ping An

HONG KONG and SHANGHAI , Dec. 15, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) has won the ESG Excellence Awards 2023 in the category of Main Board Companies – Hang Seng Index Constituent Companies.

Ping An Receives Hong Kong ESG Excellence Awards 2023

Continued to rank 1st in Multi-Line Insurance & Brokerage Industry in APAC HONG KONG and SHANGHAI , Nov. 29, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) announced that it has been rated A in the Morgan Stanley Capital Investment's (MSCI) latest ESG Ratings, this is the second consecutive year for Ping An to be awarded an A rating, and continued to rank 1st in multi-line insurance & brokerage industry in APAC.

Ping An Awarded A in MSCI ESG Ratings for Two Consecutive Years

Alpha Metallurgical Resources

Regional Management

AMR, PNGAY and RM have been added to the Zacks Rank #5 (Strong Sell) List on November 28, 2023.

New Strong Sell Stocks for November 28th

HONG KONG and SHANGHAI , Nov. 28, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) announced that Ping An Bank, its subsidiary, has been awarded the 2023 Terra Carta Seal from the Sustainable Markets Initiative for the bank's leadership in creating a climate and Nature-positive future.

Ping An Bank awarded 2023 Terra Carta Seal from Sustainable Markets Initiative

HONG KONG and SHANGHAI , Nov. 26, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) is pleased to announce that Dr. Ma Mingzhe, Chairman of Ping An, has been honored by The Hong Kong Institute of Directors.

Ping An Chairman Dr. Ma Mingzhe Receives Director of The Year Award from The Hong Kong Institute of Directors

Shares of Country Garden ended sharply higher on Wednesday after a report that the Chinese government wanted Ping An Insurance to take control of the company.

Country Garden shares rally on disputed report that Ping An was asked to buy it

Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden , the nation's biggest private property developer, four people familiar with the plan told Reuters.

Reaction to Reuters report on Ping An, Country Garden

HONG KONG and SHANGHAI , Nov. 7, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) has achieved the rating of "Achiever" in the Business Sustainability Indices (BSI) published by The Chinese University of Hong Kong.

Ping An Ranked in CUHK's Business Sustainability Indices with Rating of "Achiever"

HONG KONG and SHANGHAI , Nov. 6, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) hosted its 2023 Investor Day in Shenzhen.

Ping An Discloses the Integrated Finance Model In Detail Building an Economic Moat with Six Unique Advantages, Driving High-quality Development with Three Operation Indicators

News for Ping An Insurance Group Co of China Ltd Stock (PNGAY)