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Ping An Insurance Company of China Ltd (HK:2318)
HKEX:2318
RESEARCH TOOLSreports
Ping An Insurance Company of China (2318) Stock Price & Analysis
77 Followers
2318 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$29.55 - HK$56.23
Previous CloseHK$39
Volume42.21M
Average Volume (3M)46.01M
Market Cap
HK$780.12B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)6.6
Beta1.46
Next Earnings
Aug 28, 2024EPS Estimate
HK$2.49Next Dividend Ex-Date
Jun 07, 2024Dividend Yield6.85%
Share Statistics
EPS (TTM)5.87
Shares Outstanding7,447,576,912
10 Day Avg. Volume40,511,000
30 Day Avg. Volume46,012,233
Standard Deviation0.07
R-Squared0.64
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
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$48.15Price Target Upside23.46% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Ping An Insurance Company of China News
Bulls Say, Bears Say
Bulls Say
DividendsFY23 dividends per share rose, aligning with the company’s commitment to a stable and sustainable cash dividend policy, rewarding shareholders.
Financial PerformancePing An's Value of New Business (VNB) grew significantly, indicating strong resilience and outperforming market expectations due to strategic margin improvements and product mix optimization.
ProfitabilityAsset management sector of Ping An reported a net profit, marking a significant turnaround from previous losses and suggesting operational improvements.
Bears Say
Financial Performance DeteriorationTechnology segment continues to report losses, contributing to the negative aspects of the company's financial performance.
Investment Yield DecreaseNet investment yield fell to 4.2%.
Profitability ConcernsProperty & Casualty (P&C) insurance experienced a 14% year over year decline in net profit, primarily due to a higher combined ratio impacted by weather-related losses.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
11.15% Mutual Funds
6.38% Other Institutional Investors
82.47% 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$56.23 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 Aug 28, 2024 which is in 110 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 Apr 23, 2024. The company reported HK$2.2 earnings per share for the quarter, missing the consensus estimate of HK$2.601 by -HK$0.401.
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$1.63 which represents an annual dividend yield of 6.85%. 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 is HK$2.49.
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$2.2 in its last earnings report, missing expectations of HK$2.601. Following the earnings report the stock price went up 2.964%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
HK$48.15 (23.46% Upside)
HK$48.15 (23.46% Upside)
Blogger Sentiment
Bullish
HK:2318 Sentiment 100%
Sector Average 69%
Sector Average 69%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-32.21%
12-Months-Change
Fundamentals
Return on Equity
9.12%
Trailing 12-Months
Asset Growth
0.92%
Trailing 12-Months
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
Q4 2024
0:00 / 0:00
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2318 Stock 12 Month Forecast
Average Price Target
HK$48.15
▲(23.46% Upside)
Technical Analysis
Ping An Insurance Company of China
―
AIA Group
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American International Group
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Allstate
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AXA SA
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Best Analysts Covering 2318
1 Year
1 Year Success Rate
2/4 ratings generated profit
1 Year Average Return
+2.23%
reiterated a buy rating 17 days ago
Copying Shengbo Tang's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +2.23% per trade.
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