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: 53.78 CNY 1.28% Market Closed
Market Cap: 979.3B CNY
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Ping An Insurance Group Co of China Ltd
Other Operating Expenses

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Ping An Insurance Group Co of China Ltd
Other Operating Expenses Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Operating Expenses CAGR 3Y CAGR 5Y CAGR 10Y
Ping An Insurance Group Co of China Ltd
SSE:601318
Other Operating Expenses
-ÂĄ35B
CAGR 3-Years
22%
CAGR 5-Years
10%
CAGR 10-Years
-5%
China Life Insurance Co Ltd
SSE:601628
Other Operating Expenses
-ÂĄ15.8B
CAGR 3-Years
33%
CAGR 5-Years
10%
CAGR 10-Years
-5%
New China Life Insurance Company Ltd
SSE:601336
Other Operating Expenses
-ÂĄ823m
CAGR 3-Years
48%
CAGR 5-Years
32%
CAGR 10-Years
15%
H
Hubei Biocause Pharmaceutical Co Ltd
SZSE:000627
Other Operating Expenses
-ÂĄ2.4B
CAGR 3-Years
2%
CAGR 5-Years
15%
CAGR 10-Years
N/A
S
Sunshine Insurance Group Co Ltd
HKEX:6963
Other Operating Expenses
ÂĄ748m
CAGR 3-Years
26%
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
973.8B 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
122.72 CNY
Undervaluation 56%
Intrinsic Value
Price

See Also

What is Ping An Insurance Group Co of China Ltd's Other Operating Expenses?
Other Operating Expenses
-35B CNY

Based on the financial report for Sep 30, 2024, Ping An Insurance Group Co of China Ltd's Other Operating Expenses amounts to -35B CNY.

What is Ping An Insurance Group Co of China Ltd's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 10Y
-5%

Over the last year, the Other Operating Expenses growth was 9%. The average annual Other Operating Expenses growth rates for Ping An Insurance Group Co of China Ltd have been 22% over the past three years , 10% over the past five years , and -5% over the past ten years .

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