Ping An Insurance (Group) Company of China, Ltd. (PIAIF)
Ping An Insurance (Group) Company of China, Ltd. operates in the Insurance - Diversified industry of the Financial Services sector, headquartered in Shenzhen, GD, CN. The stock last traded at $7.40, up 0.00% on the session, giving a market capitalisation of $134.00B. On trailing twelve-month figures it carries a trailing P/E of 7.15, a net margin of 12.2%. Its beta of 0.56 implies it has historically moved less than the broad market.
Ping An Insurance (Group) Company of China, Ltd., founded in Shenzhen, China in 1988, operates as a leading financial and technology conglomerate throughout the People's Republic of China. The company provides a comprehensive array of financial products and services, spanning insurance, banking, and asset management, complemented by advanced fintech and healthtech solutions. Its Life and Health Insurance segment offers diverse plans like term, whole-life, endowment, annuity, investment-linked, universal life, and various healthcare and medical insurance options to individuals and corporations alike. Similarly, the Property and Casualty Insurance division caters to individual and corporate clients with auto, non-auto, accident, and health insurance. In banking, Ping An engages in lending and intermediary services for both corporate and retail customers, alongside wealth management and credit card provisions for individuals. The Trust division manages fiduciary services and investment activities. Its Securities arm delivers brokerage, trading, investment banking, and asset management expertise, further supported by its Other Asset Management segment's focus on investment management and finance leasing. Demonstrating its commitment to innovation, the company's Technology segment leverages internet platforms to provide financial transaction information and daily-life services, including healthcare. Beyond these core areas, Ping An's extensive operations also encompass annuity insurance, IT and business process outsourcing, real estate investment, development, and leasing, futures brokerage, various consulting and financial advisory roles, currency and property agency, fund raising and distribution, factoring, equity investments, financing guarantees, logistics, e-commerce, credit information, and private equity financing. Remarkably, its diverse ventures even include managing an expressway and manufacturing consumer chemicals.
Ping An Insurance (Group) Company of China, Ltd. is most often compared with the following Financial Services names: