Ping An Insurance Group Co of China Ltd
SSE:601318

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Ping An Insurance Group Co of China Ltd
SSE:601318
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Price: 53.71 CNY -0.13%
Market Cap: 978.1B CNY
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Ping An Insurance Group Co of China Ltd
Insurance Policy Liabilities

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
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Annual
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Ping An Insurance Group Co of China Ltd
Insurance Policy Liabilities Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Insurance Policy Liabilities CAGR 3Y CAGR 5Y CAGR 10Y
Ping An Insurance Group Co of China Ltd
SSE:601318
Insurance Policy Liabilities
ÂĄ4.9T
CAGR 3-Years
10%
CAGR 5-Years
11%
CAGR 10-Years
13%
China Life Insurance Co Ltd
SSE:601628
Insurance Policy Liabilities
ÂĄ5.5T
CAGR 3-Years
11%
CAGR 5-Years
12%
CAGR 10-Years
12%
New China Life Insurance Company Ltd
SSE:601336
Insurance Policy Liabilities
ÂĄ1.5T
CAGR 3-Years
18%
CAGR 5-Years
16%
CAGR 10-Years
11%
H
Hubei Biocause Pharmaceutical Co Ltd
SZSE:000627
Insurance Policy Liabilities
ÂĄ235.8B
CAGR 3-Years
4%
CAGR 5-Years
8%
CAGR 10-Years
N/A
S
Sunshine Insurance Group Co Ltd
HKEX:6963
Insurance Policy Liabilities
ÂĄ415.1B
CAGR 3-Years
10%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Ping An Insurance Group Co of China Ltd
Glance View

Market Cap
972.6B CNY
Industry
Insurance

In the bustling financial hub of Shenzhen, Ping An Insurance Group Co of China Ltd emerged as a visionary powerhouse in 1988, transforming its humble beginnings into Asia's largest insurance conglomerate. Originally focusing on insurance, Ping An rapidly expanded, embedding itself deeply into the arteries of China’s financial landscape by diversifying across insurance, banking, and asset management. Its core insurance operations, both life and property, have been the bedrock of its considerable revenue streams, with the company capitalizing on China's burgeoning middle class that seeks financial security and prosperity. Through innovative technology and analytics, Ping An has honed its underwriting and risk assessment models, thereby enhancing profitability and nurturing customer loyalty. Beyond the traditional realms of insurance, Ping An has deftly woven technology into its business model, catalyzing growth and efficiency. It has invested heavily in technology-driven platforms, pushing the boundaries of finance with ventures like Ping An Good Doctor and Lufax, which provide health and wealth management services, respectively. Leveraging artificial intelligence and big data, Ping An has carved out a niche in financial technology, where digital solutions augment traditional services. This has allowed it to not only serve millions of customers with precision and agility but also to tap into new revenue streams. These strategic maneuvers showcase Ping An's adaptability, as it melds the old with the new in a rapidly changing economic terrain, solidifying its standing as a financial titan.

Intrinsic Value
122.14 CNY
Undervaluation 56%
Intrinsic Value
Price

See Also

What is Ping An Insurance Group Co of China Ltd's Insurance Policy Liabilities?
Insurance Policy Liabilities
4.9T CNY

Based on the financial report for Sep 30, 2024, Ping An Insurance Group Co of China Ltd's Insurance Policy Liabilities amounts to 4.9T CNY.

What is Ping An Insurance Group Co of China Ltd's Insurance Policy Liabilities growth rate?
Insurance Policy Liabilities CAGR 10Y
13%

Over the last year, the Insurance Policy Liabilities growth was 13%. The average annual Insurance Policy Liabilities growth rates for Ping An Insurance Group Co of China Ltd have been 10% over the past three years , 11% over the past five years , and 13% over the past ten years .

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