Ping An Insurance (Group) Company of China, Ltd. (PIAIF)

OTCMKTS · Delayed Price · Currency is USD
6.40
0.00 (0.00%)
Oct 24, 2024, 4:00 PM EDT
25.00%
Market Cap 133.31B
Revenue (ttm) 134.14B
Net Income (ttm) 16.72B
Shares Out n/a
EPS (ttm) 0.92
PE Ratio n/a
Forward PE n/a
Dividend 0.34 (5.30%)
Ex-Dividend Date Sep 4, 2024
Volume 600
Open 6.30
Previous Close n/a
Day's Range 6.16 - 6.40
52-Week Range 3.79 - 7.82
Beta 0.84
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 2024

About PIAIF

Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for insurance, banking, asset management, and technology businesses in the People’s Republic of China. The company operates through Life and Health Insurance; Property and Casualty Insurance; Banking; Asset Management; and Technology segments. Its Life and Health Insurance segment offers term, whole-life, endowment, annuity, investment-linked, universal life, and health care and medical insurance to individual and corporate customers. The company’s Propert... [Read more]

Sector Financials
Founded 1988
Employees 288,751
Stock Exchange OTCMKTS
Ticker Symbol PIAIF
Full Company Profile

Financial Performance

In 2023, PIAIF's revenue was 906.88 billion, an increase of 2.51% compared to the previous year's 884.64 billion. Earnings were 85.67 billion, a decrease of -22.83%.

Financial numbers in CNY Financial Statements

News

Ping An Reports Steady Growth in Operating Profit, Robust Increases in Net Profit and Life & Health NBV in 9M 2024

HONG KONG and SHANGHAI , Oct. 21, 2024 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", or the "Group", HKEX: 2318 / 82318; SSE: 601318) today announced its resul...

4 days ago - PRNewsWire

Ping An Health Upgrades Chronic Disease Management Services with Significant Results in Digital Weight Management Program

HONG KONG and SHANGHAI, Oct. 18, 2024 /PRNewswire/ -- The Weight Management and Public Health Action Conference, hosted by the National Center for Chronic and Noncommunicable Disease Control and Preve...

7 days ago - PRNewsWire

Ping An Health's MSCI ESG Rating Elevates to "AA"

Pioneering Sustainable Development in the Healthcare Sector HONG KONG and SHANGHAI , Oct. 9, 2024 /PRNewswire/ -- Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor", "Ping An Hea...

16 days ago - PRNewsWire

Ping An Healthcare and Technology Stock Soared 10% - Managed Care Takes Center Stage in Corporate Health Management

SHANGHAI , Sept. 27, 2024 /PRNewswire/ -- On September 26, 2024, Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor", "Ping An Health", or "the Company", Stock Code: 1833.HK), Chi...

4 weeks ago - PRNewsWire

Ping An Selected for Hang Seng Corporate Sustainability Index. Series for 14th Consecutive Year

HONG KONG and SHANGHAI, Sept. 9, 2024 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd.

6 weeks ago - PRNewsWire

AM Best Revises Outlooks to Positive for Ping An Health Insurance Company of China, Ltd.

HONG KONG--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of...

7 weeks ago - Business Wire

Elhedery to start his first day as global CEO in Hong Kong, showing city’s value to HSBC

A putonghua-speaking chief executive may go some way to help HSBC mend ties with its biggest shareholder Ping An Insurance (Group), which has been agitating to break up the bank since 2022.

2 months ago - South China Morning Post

Ping An Insurance surprises market with profit report on growth in life, general policies

China’s biggest insurer produced its best half-yearly performance in four years, defying market forecasts for a 12 per cent drop in earnings.

2 months ago - South China Morning Post

Ping An Reports Stable Operating Profit Attributable to Shareholders of the Parent Company and Interim Dividends, with a 6.8% YoY Increase in Net Profit

Life & Health NBV jumps 11.0% YoY, demonstrating significant positive results in high-quality business development  HONG KONG and SHANGHAI , Aug. 22, 2024 /PRNewswire/ -- Ping An Insurance (Group) Com...

2 months ago - PRNewsWire

Ping An Profit Rises as Market Recovery Bolsters Returns

Ping An Insurance (Group) Co. said profit rose nearly 7% in the first half, after a stock-market recovery helped bolster investment returns at China’s second-largest insurer by market value.

2 months ago - BNN Bloomberg

Ping An: This 8% Yielder Could Finally Catch A Break

Ping An is effectively priced for distress. But its fundamentals tell a very different story. Investors get paid a well-covered 8% yield to sit and wait.

2 months ago - Seeking Alpha

Ping An Leads Multi-Party Effort to Release Report on Climate Change Adaptation and Disaster Risk Management

HONG KONG and SHANGHAI , Aug. 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 publish...

2 months ago - PRNewsWire

Ping An Ranked in the Fortune Global 500 for the 15th Consecutive Year

HONG KONG and SHANGHAI , Aug. 6, 2024 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) is 53rd on the Fortune...

2 months ago - PRNewsWire

Ping An Again Selected for S&P Global's Sustainability Yearbook (China Edition), the Sole Mainland Insurance Company

HONG KONG and SHANGHAI , July 22, 2024 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) stood out f...

3 months ago - PRNewsWire

Ping An Co-CEO Michael Guo at "Summer Davos": Low Public Awareness of Financial Planning for Senior Care in China is Opportunity for Financial Services Industry

HONG KONG and SHANGHAI , July 1, 2024 /PRNewswire/ -- China's growing senior population is bringing tremendous business opportunities to the financial services industry, says Michael Guo, Co-CEO of Pi...

4 months ago - PRNewsWire

Ping An Asset Management Up to No. 33 in Top 500 Asset Managers 2024

HONG KONG and SHANGHAI , June 26, 2024 /PRNewswire/ -- Ping An Asset Management Co., Ltd. (PAAMC) is ranked 33rd in the world in Top 500 Asset Managers 2024 list from Investment & Pensions Europe (IPE...

4 months ago - PRNewsWire

Ping An Co-CEO Guo on Business Strategy

Michael Guo, Co-CEO at Ping An Group, discusses the opportunities for the insurer in China's aging population and improving investment returns for the company. He speaks with Stephen Engle on "Bloombe...

4 months ago - Bloomberg Markets and Finance

Ping An Receives Five "All-Asia Executive Team 2024" Accolades From Institutional Investor Magazine

HONG KONG and SHANGHAI , June 20, 2024 /PRNewswire/ -- Institutional Investor magazine has announced the ranking of 2024 Asia (ex-Japan) Executive Team. Ping An Insurance (Group) Company of China, Ltd...

4 months ago - PRNewsWire

Ping An Announces Brand Upgrade of "Ping An Family Doctor"

HONG KONG and SHANGHAI , June 19, 2024 /PRNewswire/ -- The "Ping An Family Doctor Brand Upgrade Conference" was held in Shanghai recently. Ping An Insurance (Group) Company of China, Ltd.

4 months ago - PRNewsWire

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

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, profi...

4 months ago - PRNewsWire

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

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 allocati...

5 months ago - PRNewsWire

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

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 re...

5 months ago - Reuters

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

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.

5 months ago - CNBC

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

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 mat...

5 months ago - Reuters

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

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,...

6 months ago - Reuters