Ping An Insurance (Group) Co. of China Ltd Class H PIAIF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Trading Information
- Previous Close Price
- $6.43
- Day Range
- $7.02–7.30
- 52-Week Range
- $3.90–7.30
- Bid/Ask
- $7.07 / $7.60
- Market Cap
- $128.75 Bil
- Volume/Avg
- 83,207 / 91,329
Key Statistics
- Price/Earnings (Normalized)
- 10.12
- Price/Sales
- 1.13
- Dividend Yield (Trailing)
- 4.84%
- Dividend Yield (Forward)
- 4.84%
- Total Yield
- 4.84%
Company Profile
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.
- Sector
- Financial Services
- Industry
- Insurance - Life
- Stock Style Box
- Large Value
- Total Number of Employees
- 288,751
- Website
- https://www.pingan.cn
Competitors
Valuation
Metric
|
PIAIF
|
601628
|
01299
|
---|---|---|---|
Price/Earnings (Normalized) | 10.12 | 52.46 | 21.06 |
Price/Book Value | 1.00 | 2.52 | 2.58 |
Price/Sales | 1.13 | 2.43 | 5.61 |
Price/Cash Flow | 1.83 | 3.02 | — |
Price/Earnings
PIAIF
601628
01299
Financial Strength
Metric
|
PIAIF
|
601628
|
01299
|
---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 1.02 | — | 12.10 |
Quick Ratio
No chart available
Profitability
Metric
|
PIAIF
|
601628
|
01299
|
---|---|---|---|
Return on Assets (Normalized) | 0.98% | 0.95% | 2.23% |
Return on Equity (Normalized) | 12.58% | 12.06% | 15.38% |
Return on Invested Capital (Normalized) | 7.94% | 5.76% | 12.10% |
Return on Assets
PIAIF
601628
01299
Insurance - Life Industry Comparables
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|---|
China Life Insurance Co Ltd Class H
CILJF
| — | Jdpbh | $146.7 Bil | |||
Ping An Insurance (Group) Co. of China Ltd ADR
PNGAY
| — | Bsgp | $141.6 Bil | |||
AIA Group Ltd ADR
AAGIY
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