OverviewSuggest Edit

Ping An Insurance is an insurance company that offers a wide range of financial products and services. The company provides whole-life, annuity, investment-linked, accident, universal life, health care and medical insurance to individual and corporate customers. It undertakes loan and intermediary businesses with corporate and retail customers, as well as provides wealth management and credit card services to individual customers. Ping An Insurance also provides brokerage, trading, investment banking, investment management services, finance lease business and asset management services.

TypePublic
Founded1988
HQShenzhen Shi, CN
Websitepingan.com
Overall CultureB

Latest Updates

Employees (est.) (May 2021)362,035(-2%)
Revenue (FY, 2018)¥1.1 T(+12%)
Share Price (Jun 2021)¥70.8(-2%)
Cybersecurity ratingCMore

Ping An Insurance Office Locations

Ping An Insurance has an office in Shenzhen Shi
Shenzhen Shi, CN (HQ)
Fu Hua San Lu
Show all (1)

Ping An Insurance Financials and Metrics

Ping An Insurance Revenue

Ping An Insurance's revenue was reported to be ¥1.08 t in FY, 2018 which is a 11% increase from the previous period.
CNY

Revenue (FY, 2018)

1.1t

Revenue growth (FY, 2017 - FY, 2018), %

11%

Net income (FY, 2018)

120.5b

Market capitalization (4-Jun-2021)

1.3t

Closing stock price (4-Jun-2021)

70.8

Cash (31-Dec-2018)

457.5b

EV

1.1t
Ping An Insurance's current market capitalization is ¥1.3 t.
CNYFY, 2016FY, 2017FY, 2018

Revenue

774.5b974.6b1.1t

Revenue growth, %

26%11%

General and administrative expense

141.0b145.1b151.6b

Operating expense total

141.0b145.1b151.6b
CNYFY, 2016FY, 2017FY, 2018

Cash

561.1b483.9b457.5b

Accounts Receivable

22.4b72.1b22.8b

PP&E

40.1b47.1b49.3b

Total Assets

5.6t6.5t7.1t
CNYFY, 2016FY, 2017FY, 2018

Net Income

72.4b100.0b120.5b

Depreciation and Amortization

6.2b8.0b9.2b

Inventories

(1.2b)523.0m(255.0m)

Cash From Operating Activities

227.8b121.3b206.3b
CNYFY, 2016

Revenue/Employee

31.6m

Debt/Equity

0.3 x

Financial Leverage

11.5 x
Show all financial metrics

Ping An Insurance Operating Metrics

Ping An Insurance's Customers was reported to be 184 m in FY, 2018. Ping An Insurance's Users was reported to be 538.4 m in FY, 2018.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Users

137.34 m241.57 m346.3 m436.39 m538.43 m

Customers

89.35 m109.1 m131.07 m165.73 m183.96 m

Contracts per Customer

1.932.032.212.322.53

Online Services per User

1.942.222.37
Show all operating metrics

Ping An Insurance Acquisitions / Subsidiaries

Company NameDateDeal Size
Autohome Inc.April 15, 2016$1.6 b

Ping An Insurance Revenue Breakdown

Embed Graph

Ping An Insurance revenue breakdown by business segment: 51.3% from Life and health insurance, 20.8% from Property and casualty insurance, 19.1% from Banking and 8.9% from Other

Ping An Insurance Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

SecurityScorecard logo

Ping An Insurance Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Ping An Insurance Online and Social Media Presence

Embed Graph

Ping An Insurance Company Culture

  • Overall Culture

    B

    69/100

  • CEO Rating

    F

    50/100

  • Compensation

    B

    71/100

Learn more on Comparably

Ping An Insurance News and Updates

Ping An Completes $200 Million First Close of Voyager Partners Fintech and Digital Health Fund

Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) today announced the initial close of Ping An Voyager Partners, LP, a growth stage venture fund that will make investments in fintech, healthtech and related businesses around the world. Tar…

Ping An in Talks for Partial Stake in Credit Suisse’s Chinese Partner

Ping An Insurance Group Co. has agreed to acquire a majority stake in the newly-established Founder Group for as much as 50.75 billion yuan ($7.9 billion).

Ping An Reports YoY Growth of 8.9% in Operating Profit Attributable to Shareholders of the Parent Company in Q1 2021

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group” or the “Company”, HKEX: 2318; SSE: 601318) today announced its first quarter financial results for the three months ended 31 March 2021.

Ping An Global Voyager Fund-backed AI Startup Laiye Raises $50 Million in Series C+ Funding

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or “the Group”, HKEx: 2318; SSE: 601318) is delighted to announce that Laiye, China’s leader in intelligent automation, has raised $50 million in a Series C+ funding round co-led by the Ping An Global Voyager Fund and Shanghai Art…

China’s Ping An Insurance Increases Stake in HSBC to 8%

China’s Ping An Insurance Increases Stake in HSBC to 8%
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Ping An Insurance Frequently Asked Questions

  • When was Ping An Insurance founded?

    Ping An Insurance was founded in 1988.

  • How many employees does Ping An Insurance have?

    Ping An Insurance has 362,035 employees.

  • What is Ping An Insurance revenue?

    Latest Ping An Insurance annual revenue is ¥1.1 t.

  • What is Ping An Insurance revenue per employee?

    Latest Ping An Insurance revenue per employee is ¥3 m.

  • Who are Ping An Insurance competitors?

    Competitors of Ping An Insurance include Hywin Holdings, Prudential Financial and ZhongAn.

  • Where is Ping An Insurance headquarters?

    Ping An Insurance headquarters is located at Fu Hua San Lu, Shenzhen Shi.

  • Where are Ping An Insurance offices?

    Ping An Insurance has an office in Shenzhen Shi.

  • How many offices does Ping An Insurance have?

    Ping An Insurance has 1 office.