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Ping An Insurance Company of China Ltd (PIAIF)
OTHER OTC:PIAIF
RESEARCH TOOLSreports
Ping An Insurance Company of China (PIAIF) Stock Price & Analysis
133 Followers
PIAIF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.69 - $7.45
Previous Close$5.27
Volume120.00
Average Volume (3M)41.41K
Market Cap
$102.22B
Enterprise Value$350.86B
Total Cash (Recent Filing)¥0.00
Total Debt (Recent Filing)¥1.48T
Price to Earnings (P/E)8.1
Beta0.40
Next Earnings
Aug 28, 2024EPS Estimate
$0.32Next Dividend Ex-Date
Jun 07, 2024Dividend Yield6.58%
Share Statistics
EPS (TTM)0.65
Shares Outstanding7,447,576,912
10 Day Avg. Volume573
30 Day Avg. Volume41,411
Standard Deviation0.11
R-Squared0.05
Alpha-0.01
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
$6.17Price Target Upside20.51% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Ping An Insurance Company of China News
Bulls Say, Bears Say
Bulls Say
Financial PerformancePing An's Value of New Business (VNB) grew significantly, indicating strong resilience and beating market expectations due to favorable margin improvements and product mix optimization.
Operational TurnaroundAsset management sector of Ping An reported a net profit, marking a significant rebound from the previous loss, which is indicative of operational turnaround.
Stock ValuationPing An's stock valuation presents potential upside influenced by improved market sentiment, rising investment yield, and controlled credit risk exposure to the volatile real estate industry.
Bears Say
Asset ManagementAsset management losses of Rmb16.4bn in 4Q, widened vs. Rmb5.8bn losses last quarter, due to rising credit risks, volatile capital markets and asset write-downs.
Financial PerformanceTechnology segment continues to report losses, contributing to the negative aspects of the company's financial performance.
Insurance Sector PerformanceExpected decline in life insurance operating profit due to higher policy withdrawals and non-economic assumption changes.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
11.15% Mutual Funds
6.39% Other Institutional Investors
82.46% Public Companies and
Individual Investors
PIAIF 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 $3.69 and its highest was $7.45 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 106 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 $0.281 earnings per share for the quarter, missing the consensus estimate of $0.333 by -$0.051.
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 $0.21 which represents an annual dividend yield of 6.58%. 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 $0.32.
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 $0.281 in its last earnings report, missing expectations of $0.333. Following the earnings report the stock price went up 1.456%.
Which hedge fund is a major shareholder of Ping An Insurance Company of China Ltd?
Currently, no hedge funds are holding shares in PIAIF
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Ping An Insurance Company of China Stock Smart Score
Outperform
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Analyst Consensus
Strong Buy
Average Price Target:
$6.17 (20.51% Upside)
$6.17 (20.51% Upside)
Blogger Sentiment
Bullish
PIAIF Sentiment 100%
Sector Average 69%
Sector Average 69%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-26.19%
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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PIAIF Company Deck
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PIAIF Earnings Call
Q4 2024
0:00 / 0:00
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PIAIF Stock 12 Month Forecast
Average Price Target
$6.17
▲(20.51% Upside)
Technical Analysis
Best Analysts Covering PIAIF
1 Year
1 Year Success Rate
2/4 ratings generated profit
1 Year Average Return
+7.40%
reiterated a buy rating 21 days ago
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