Ping An Insurance (Group) Company of China, Ltd. (SHA: 601318)

Ping An Insurance (Group) Company of China Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	4,060,119	2,637,008	2,451,664	374,277	466,332	433,718
Investments in Equity & Preferred Securities	548,984	523,754	545,564	552,276	545,220	486,320
Policy Loans	-	-	-	178,298	161,381	139,326
Other Investments	644,648	1,791,165	1,564,868	3,100,715	3,076,268	2,630,487
Total Investments	7,873,949	7,194,235	6,614,085	6,387,768	6,073,093	5,115,883
Cash & Equivalents	98,816	317,130	354,238	348,088	307,812	208,953
Reinsurance Recoverable	23,314	22,215	20,615	43,128	32,059	29,198
Other Receivables	3,599,858	3,448,214	3,375,416	2,757,196	2,524,031	2,311,580
Separate Account Assets	-	-	-	36,002	53,059	46,131
Property, Plant & Equipment	56,042	60,195	66,237	63,943	62,458	63,524
Goodwill	44,129	44,116	44,060	23,175	23,031	20,927
Other Intangible Assets	31,246	54,962	55,351	45,287	41,259	42,406
Restricted Cash	224,544	242,227	254,824	234,225	229,881	225,046
Other Current Assets	85,304	42,799	86,993	92,980	99,642	87,770
Long-Term Deferred Tax Assets	99,306	101,337	89,321	65,360	61,901	50,301
Long-Term Deferred Charges	6,576	-	-	-	-	-
Other Long-Term Assets	83,582	55,987	48,800	44,874	19,644	21,210
Total Assets	12,226,666	11,583,417	11,009,940	10,142,026	9,527,870	8,222,929
Accounts Payable	7,536	8,858	10,349	6,663	5,148	4,821
Accrued Expenses	160,344	185,364	194,975	137,954	122,267	96,352
Insurance & Annuity Liabilities	4,379,900	4,159,801	3,671,177	3,158,204	2,840,014	2,498,931
Unpaid Claims	209,850	-	-	118,926	109,943	98,147
Unearned Premiums	8,713	-	-	170,420	177,041	158,680
Reinsurance Payable	392	53	105	-	-	-
Current Portion of Long-Term Debt	17,235	12,718	10,062	25,885	57,665	31,010
Current Portion of Leases	4,295	4,295	5,450	6,199	7,199	7,364
Short-Term Debt	350,448	335,125	397,015	249,938	413,758	292,719
Current Income Taxes Payable	13,241	7,117	16,076	16,247	17,283	12,445
Long-Term Debt	1,161,013	1,307,951	1,271,220	1,398,360	1,189,515	1,005,288
Long-Term Leases	4,700	5,939	7,563	8,009	8,421	8,622
Long-Term Deferred Tax Liabilities	14,254	14,148	14,217	13,605	19,267	22,282
Separate Account Liability	-	-	-	104,686	116,377	99,252
Other Current Liabilities	1,208,958	1,190,187	1,169,197	1,092,755	1,078,586	752,292
Other Long-Term Liabilities	3,420,837	3,115,787	3,048,247	2,549,612	2,371,247	2,273,389
Total Liabilities	10,961,716	10,354,453	9,823,944	9,064,303	8,539,965	7,370,559
Common Stock	18,210	18,210	18,280	18,280	18,280	18,280
Additional Paid-In Capital	134,369	123,739	118,095	111,598	111,598	111,598
Retained Earnings	812,237	764,567	723,215	683,106	622,957	518,099
Treasury Stock	-5,001	-5,001	-10,996	-9,895	-5,995	-5,001
Comprensive Income & Other	-28,607	-2,504	20,597	9,316	15,720	30,185
Total Common Equity	931,208	899,011	869,191	812,405	762,560	673,161
Minority Interest	333,742	329,953	316,805	265,318	225,345	179,209
Shareholders' Equity	1,264,950	1,228,964	1,185,996	1,077,723	987,905	852,370
Total Liabilities & Equity	12,226,666	11,583,417	11,009,940	10,142,026	9,527,870	8,222,929
Filing Date Shares Outstanding	18,108	18,108	18,108	18,132	18,210	18,223
Total Common Shares Outstanding	18,108	18,108	18,108	18,132	18,210	18,223
Total Debt	1,537,691	1,666,028	1,691,310	1,688,391	1,676,558	1,345,003
Net Cash (Debt)	-1,438,875	-1,348,898	-1,337,072	-1,340,303	-1,368,746	-1,136,050
Net Cash Per Share	-79.47	-74.63	-75.50	-75.42	-76.92	-63.70
Book Value Per Share	51.43	49.65	48.00	44.80	41.88	36.94
Tangible Book Value	855,833	799,933	769,780	743,943	698,270	609,828
Tangible Book Value Per Share	47.26	44.18	42.51	41.03	38.34	33.47
Buildings	-	50,280	48,870	43,429	37,643	37,900
Machinery	-	28,044	28,665	26,756	25,032	23,394
Construction In Progress	-	4,047	2,718	3,169	3,118	2,240
Leasehold Improvements	-	13,503	12,970	12,485	11,653	10,849

Source: S&P Capital IQ. Insurance template. Financial Sources.