Business description: Ping An Insurance Group Company

Ping An Insurance Group Co of China Ltd is a China-based company primarily engaged in insurance business. The Company operates in five segments. Life and Health Insurance Business segment provides individual and group life insurance products, including term life insurance, whole life insurance, endowment insurance, annuity insurance, universal insurance, and others. Property Insurance Business segment provides property insurance products, including auto insurance, property insurance, and accident and health insurance, and others. Banking Business segment provides loans, intermediary business, wealth management, credit card services, and others. Asset Management Business segment provides asset management services such as trust services, brokerage services, trading services, and investment banking services. Technology Business segment provides a variety of financial and livelihood services through the Internet platform. The Company also operates Other Business segment.

Number of employees: 288,751

Sales by Activity: Ping An Insurance Group Company

Fiscal Period: December20192020202120222023

Property and Casualty Insurance

251B 278B 281B 294B 322B

Bank

137B 250B 269B 282B 279B

Life and Health Insurance

698B 718B 665B 588B 270B

Asset Management Business

49.16B 56.82B 62.65B 45.2B 47.86B

Trust

4.76B 5.55B 3.78B 2.98B -

-Finance Enablement Business

32.05B 32.48B 20.49B 22.54B 20.33B

Other Businesses and Elimination

-36.85B -37.84B -36.76B -32.19B -31.68B

Securities

14.27B 18.49B 22.83B 19.62B -
See all business segments

Geographical breakdown of sales: Ping An Insurance Group Company

Fiscal Period: December20192020202120222023

Mainland China

1,258B 1,320B 1,272B 1,219B 907B
See all geographic segments

Managers: Ping An Insurance Group Company

Director TitleAgeSince
Chief Executive Officer 56 -
Chief Executive Officer 53 2023-09-26
Director of Finance/CFO 48 2022-12-31
Compliance Officer 57 -
Chief Tech/Sci/R&D Officer 52 -
See PING AN INSURANCE GROUP COMPANY governance

Members of the board: Ping An Insurance Group Company

Manager TitleAgeSince
Chairman 69 1988-03-20
Director/Board Member 61 2013-05-31
Director/Board Member 61 2013-06-16
Director/Board Member 51 2014-07-01
Director/Board Member 45 2017-07-31
Director/Board Member 74 2006-04-30
Director/Board Member 57 2019-06-30
Director/Board Member 56 2019-12-09
Director/Board Member 60 2019-06-30
Chairman 72 2020-08-27
Composition of the Board of Directors

Shareholders: Ping An Insurance Group Company

NameEquities%Valuation
964,427,077 12.95 % 5 397 M $
BlackRock Fund Advisors
2.099 %
156,314,000 2.099 % 875 M $
UBS Asset Management (Europe) SA
0.8989 %
66,944,348 0.8989 % 375 M $
BlackRock Advisors (UK) Ltd.
0.7864 %
58,568,804 0.7864 % 328 M $
UBS Asset Management (UK) Ltd.
0.633 %
47,144,700 0.633 % 264 M $
NameEquities%Valuation
Shenzhen State-Owned Assets Supervision & Admin. Commission
11.34 %
1,220,447,110 11.34 % 8 543 M $
China Securities Finance Corp. Ltd.
5.087 %
547,459,258 5.087 % 3 832 M $
China Investment Corp. (Investment Management)
4.37 %
470,302,252 4.37 % 3 292 M $
Ping An 2023 Long Term Service Esop
3.26 %
350,906,763 3.26 % 2 456 M $
China Asset Management Co., Ltd.
2.238 %
240,833,720 2.238 % 1 686 M $
NameEquities%Valuation
Lemanik Asset Management SA
0.0243 %
903,300 0.0243 % 10 M $
Meritage Portfolio Management, Inc.
0.0128 %
476,848 0.0128 % 5 M $
CapitalatWork SA
0.0105 %
391,510 0.0105 % 4 M $
Madison Asset Management LLC
0.005508 %
205,106 0.005508 % 2 M $
DoubleDividend Management BV
0.0047 %
175,002 0.0047 % 2 M $
List of PING AN INSURANCE GROUP COMPANY shareholders

Holdings: Ping An Insurance Group Company

NameEquities%Valuation
11,245,119,43857.95%17,754,919,081 $
14,782,504,06417.03%10,037,468,084 $
2,363,237,01428.71%2,530,908,680 $
224,800,51244.53%1,574,727,587 $
984,945,75556.82%1,378,569,477 $
1,139,970,58752.74%896,974,457 $
350,343,57852.04%751,367,858 $
1,211,041,0006.1%721,271,799 $
19,068,0002.14%281,987,309 $
150,000,00010.56%232,200,000 $

Company details: Ping An Insurance Group Company

Ping An Insurance (Group) Co. of China Ltd.

Ping An Finance Center 47, 48, 109, 110, 111, 112th Floors

518033, Shenzhen

+86 40 0886 6338

http://www.pingan.cn
address Ping An Insurance Group Company(2318)

Group companies: Ping An Insurance Group Company

NameCategory and Sector
Miscellaneous Manufacturing
Better Voyager Partners Co. Ltd.
Investment Banks/Brokers
Investment Banks/Brokers
Ping An Tradition International Money Broking Co., Ltd.
See all subsidiaries

Other Life & Health Insurance

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Change 5d. change 1-year change 3-years change Capi.($)
-1.24%-0.08%+22.51%+36.10% 84.36B
-0.21%+0.34%+31.69%+61.83% 57.24B
-0.23%-2.03%+20.29%+17.23% 56.75B
-1.14%+2.40%+55.55%+74.07% 51.62B
-0.07%-2.39%+37.04%+55.38% 50.97B
-0.08%-2.85% - - 39.68B
+2.25%+3.18%+25.83%+13.56% 38.52B
-0.27%-0.72%+23.56%+29.12% 33.75B
-0.47%-7.71%+9.59%+14.24% 31.61B
Average -0.16%-0.24%+28.26%+37.69% 49.39B
Weighted average by Cap. -0.30%-0.24%+28.93%+39.93%
See all sector performances
Trading Rating
Investor Rating
ESG MSCI
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
51.70CNY
Average target price
63.59CNY
Spread / Average Target
+22.99%
Consensus

Quarterly revenue - Rate of surprise

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