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Ping An Insurance Company of China Ltd (HK:2318)
HKEX:2318
RESEARCH TOOLSreports
Holding HK:2318?
Track your performance easily
2318 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$29.55 - HK$47.40
Previous CloseHK$35.35
Volume35.97M
Average Volume (3M)39.48M
Market Cap
HK$767.44B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)6.5
Beta1.52
Next Earnings
Oct 25, 2024EPS EstimateN/A
Last Dividend Ex-Date
Sep 04, 2024Dividend Yield7.47%
Share Statistics
EPS (TTM)5.41
Shares OutstandingN/A
10 Day Avg. Volume50,677,598
30 Day Avg. Volume39,482,766
Standard Deviation0.11
R-Squared0.73
Alpha-0.00087
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)0.83
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$51.55Price Target Upside45.82% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Ping An Insurance Company of China News
PremiumCompany Announcements
Ping An Insurance Reports Mixed Premium Income Growth
PremiumCompany Announcements
Ping An Insurance Announces Interim Dividend
PremiumCompany Announcements
Ping An Announces Offers for Lufax SharesPremiumCompany Announcements
Ping An Set to Acquire Lufax Holdings SharesPremiumCompany Announcements
Ping An Reports Sustainable Growth in 2024 Interim Results
PremiumCompany Announcements
Ping An Insurance Declares Mid-Year Dividend
PremiumCompany Announcements
Ping An Insurance Declares Interim Dividend for 2024
PremiumCompany Announcements
Ping An Insurance Reports Mid-Year FinancialsBulls Say, Bears Say
Bulls Say
Capital InjectionPotential use of proceeds for capital injection into the Group’s core business, such as Ping An Life, which is likely to boost the pro-forma life core solvency ratio.
Market SentimentNew stimulus to the property sector and potential removal of dividend tax on Stock Connect for retail investors also boosted sentiment for the sector.
Offshore LiquidityIncreased listed H-shares underpinning offshore liquidity.
Bears Say
ProfitabilityConcerns are more on the long-term profitability of policies being underwritten to address household wealth reallocation demand.
Reserve AdequacyHannover Re flagged concerns on reserve adequacy for its old CI book in China, citing higher-than-expected cancer rate and diagnosis delayed by Covid.
Stock PerformanceThe stock price dipped 5.41% after the CB announcement.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
11.44% Mutual Funds
6.28% Other Institutional Investors
82.28% Public Companies and
Individual Investors
2318 FAQ
What was Ping An Insurance Company of China Ltd’s price range in the past 12 months?
Ping An Insurance Company of China Ltd lowest stock price was HK$29.55 and its highest was HK$47.40 in the past 12 months.
What is Ping An Insurance Company of China Ltd’s market cap?
Currently, no data Available
When is Ping An Insurance Company of China Ltd’s upcoming earnings report date?
Ping An Insurance Company of China Ltd’s upcoming earnings report date is Oct 25, 2024 which is in 38 days.
How were Ping An Insurance Company of China Ltd’s earnings last quarter?
Ping An Insurance Company of China Ltd released its earnings results on Aug 22, 2024. The company reported HK$4.53 earnings per share for the quarter, beating the consensus estimate of HK$2.485 by HK$2.045.
Is Ping An Insurance Company of China Ltd overvalued?
According to Wall Street analysts Ping An Insurance Company of China Ltd’s price is currently Undervalued.
Does Ping An Insurance Company of China Ltd pay dividends?
Ping An Insurance Company of China Ltd pays a Annually dividend of HK$1.02 which represents an annual dividend yield of 7.47%. See more information on Ping An Insurance Company of China Ltd dividends here
What is Ping An Insurance Company of China Ltd’s EPS estimate?
Ping An Insurance Company of China Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Ping An Insurance Company of China Ltd have?
Ping An Insurance Company of China Ltd has 7,447,577,000 shares outstanding.
What happened to Ping An Insurance Company of China Ltd’s price movement after its last earnings report?
Ping An Insurance Company of China Ltd reported an EPS of HK$4.53 in its last earnings report, beating expectations of HK$2.485. Following the earnings report the stock price went up 0.883%.
Which hedge fund is a major shareholder of Ping An Insurance Company of China Ltd?
Currently, no hedge funds are holding shares in HK:2318
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Ping An Insurance Company of China Stock Smart Score
Company Description
Ping An Insurance Company of China Ltd
Ping An Insurance (Group) Co. of China Ltd. engages in the provision of financial products and services. It operates through the following segments: Insurance, Banking, Trust, Securities, Other Asset Management, Technology, and Others. The Insurance segment offers life, property and casualty, pension, and health insurance services. 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 business 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 March 21, 1988 and is headquartered in Shenzhen, China.
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2318 Company Deck
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2318 Earnings Call
Q2 2024
0:00 / 0:00
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2318 Stock 12 Month Forecast
Average Price Target
HK$51.55
▲(45.82% Upside)
Technical Analysis
Ping An Insurance Company of China
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Best Analysts Covering 2318
1 Year
1 Year Success Rate
3/5 ratings generated profit
1 Year Average Return
-3.66%
reiterated a buy rating 21 days ago
Copying Nika MA's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of -3.66% per trade.
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