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OTCMKTS:PNGAY

Ping An Insurance (Group) Company of China (PNGAY) Stock Price, News & Analysis

→ Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad)
Free PNGAY Stock Alerts
$7.71
-0.01 (-0.13%)
(As of 04/15/2024 ET)
Compare
Today's Range
$7.69
▼
$7.82
50-Day Range
$7.71
▼
$9.64
52-Week Range
$7.61
▼
$15.66
Volume
1.15 million shs
Average Volume
241,768 shs
Market Capitalization
$70.47 billion
P/E Ratio
5.67
Dividend Yield
5.58%
Price Target
N/A
Stock AnalysisChartDividendEarningsHeadlinesInsider TradesShort Interest

Ping An Insurance (Group) Company of China MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.17mentions of Ping An Insurance (Group) Company of China in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.59%
From $1.98 to $2.15 Per Share

Overall MarketRank™

New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.05 out of 5 stars

See Top Rated MarketRank™ Stocks Here
PNGAY stock logo

About Ping An Insurance (Group) Company of China Stock (OTCMKTS:PNGAY)

Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for insurance, banking, asset management, and technology businesses in the People's Republic of China. The company operates through Life and Health Insurance; Property and Casualty Insurance; Banking; Asset Management; and Technology segments. Its Life and Health Insurance segment offers term, whole-life, endowment, annuity, investment-linked, universal life, and health care and medical insurance to individual and corporate customers. The company's Property and Casualty Insurance segment provides auto, non-auto, and accident and health insurance to individual and corporate customers. Its Banking segment undertakes loan and intermediary businesses with corporate and retail customers; and offers wealth management and credit card services to individual customers. The company's Asset Management segment provides trust products services, brokerage services, trading services, investment banking services, investment management, finance lease, and other asset management services. Its Technology segment offers financial and daily-life services through internet platforms, such as financial transaction information service, and health care service platforms. The company also provides annuity insurance, IT and business process outsourcing, real estate investment and management, futures brokerage, project investment, currency brokerage, property agency, fund raising and distribution, real estate development and leasing, and insurance agency services. In addition, it provides factoring, equity investment, logistics and warehousing, management consulting, e-commerce, and credit information services; and operates an expressway, as well as produces and sells consumer chemicals. The company was incorporated in 1988 and is based in Shenzhen, China.

PNGAY Stock Price History

PNGAY Stock News Headlines

April 16, 2024 | msn.com
Ping An advances green insurance, increases premiums in FY23
April 15, 2024 | finance.yahoo.com
Ping An Releases 2023 Sustainability Report
April 16, 2024 | Gold Safe Exchange (Ad)
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
April 11, 2024 | finance.yahoo.com
Ping An Trust delays repayment, citing China property market woes
April 9, 2024 | prnewswire.com
Ping An receives Low Risk ESG rating from Sustainalytics Still #1 in Mainland China's insurance sector
March 26, 2024 | prnewswire.com
Ping An Named Brand Finance's Most Valuable Insurance Brand in the World for the 8th Consecutive Year, with Brand Value Up 4.2%
March 22, 2024 | msn.com
PNGAY Stock Earnings: Ping An Insurance (Group) Reported Results for Q4 2023
March 21, 2024 | prnewswire.com
Ping An Reports RMB117,989 million of Operating Profit Attributable to Shareholders of the Parent Company in 2023, cash dividend increased for 12 consecutive years
April 16, 2024 | Gold Safe Exchange (Ad)
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
March 19, 2024 | finance.yahoo.com
Q4 2023 OneConnect Financial Technology Co Ltd Earnings Call
March 9, 2024 | finance.yahoo.com
Ping An Insurance (Group) Company of China, Ltd. (PNGAY)
March 1, 2024 | finance.yahoo.com
India’s Sensex Up 0.8%, Led by Steel, Auto Stocks
February 22, 2024 | wsj.com
Ping An Insurance (Group) Co. of China Ltd. ADR
January 31, 2024 | investing.com
Ping An Insurance Group Co of China Ltd (601318)
January 18, 2024 | finance.yahoo.com
Ping An Named Brand Finance's Most Valuable Insurance Brand in China for the 8th Consecutive Year
January 12, 2024 | finance.yahoo.com
India Shares Rise 0.5%; Tech Stocks Support
December 22, 2023 | finance.yahoo.com
15 Best Group Insurance Companies Heading into 2024
December 19, 2023 | finance.yahoo.com
The First ESG Disclosure Guidance for China's Insurance Industry Released With Significant Contributions from Ping An
November 28, 2023 | benzinga.com
Ping An Bank awarded 2023 Terra Carta Seal from Sustainable Markets Initiative
November 15, 2023 | finance.yahoo.com
Chinese Shares Open Lower; Xi-Biden Summit in Focus
November 8, 2023 | finance.yahoo.com
GLOBAL MARKETS-Stocks slip as market seeks rate-cut timing, dollar gains
November 8, 2023 | finance.yahoo.com
GLOBAL MARKETS-Stocks stutter as market seeks rate-cut timing, dollar gains
November 8, 2023 | marketwatch.com
Ping An Insurance Says It Wasn't Asked to Take Over Country Garden
November 8, 2023 | finance.yahoo.com
Ping An Exited Its Country Garden Stake, Has No Takeover Plan
November 7, 2023 | finance.yahoo.com
Ping An Ranked in CUHK's Business Sustainability Indices with Rating of "Achiever"
October 27, 2023 | msn.com
Ping An reports 9M results
October 27, 2023 | finance.yahoo.com
Ping An Maintains Resilient Performance in 9M 2023
See More Headlines
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Company Calendar

Last Earnings
3/21/2024
Today
4/16/2024
Fiscal Year End
12/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
OTCMKTS
Sector
Finance
Industry
Insurance carriers, not elsewhere classified
Sub-Industry
N/A
Current Symbol
OTCMKTS:PNGAY
CUSIP
N/A
CIK
N/A
Web
www.pingan.com
Phone
86-40-0886-6338
Fax
86-755-8243-1029
Employees
570,000
Year Founded
1988

Profitability

EPS (Most Recent Fiscal Year)
$1.36
Trailing P/E Ratio
5.67
Forward P/E Ratio
3.89
P/E Growth
N/A
Net Income
$12.10 billion
Net Margins
8.40%
Pretax Margin
11.64%
Return on Equity
7.01%
Return on Assets
0.76%

Debt

Debt-to-Equity Ratio
0.78
Current Ratio
0.52
Quick Ratio
0.52

Sales & Book Value

Annual Sales
$146.00 billion
Price / Sales
0.48
Cash Flow
$1.65 per share
Price / Cash Flow
4.67
Book Value
$19.00 per share
Price / Book
0.41

Miscellaneous

Outstanding Shares
9,140,120,000
Free Float
9,134,636,000
Market Cap
$70.47 billion
Optionable
Not Optionable
Beta
0.48

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Key Executives

  • Mr. Mingzhe Ma (Age 68)
    Founder & Executive Chairman
    Comp: $496.01k
  • Mr. Yonglin Xie Ph.D. (Age 56)
    Co-CEO, President & Executive Director
    Comp: $540.67k
  • Mr. Michael Guo (Age 51)
    Co-CEO & Senior VP
    Comp: $300.34k
  • Ms. Xiaolu Zhang (Age 56)
    Chief Risk Officer, Compliance Officer & Head of Group Compliance
  • Mr. Baoxin Huang (Age 59)
    Senior VP & GM of Beijing Head Office of the Group
  • Ms. Xin Fu (Age 43)
    Senior VP & Director of the Group's Strategic Development Center
  • Mr. Xiaotao Guo (Age 51)
    Co-Chief Executive Officer
  • Ms. Zhichun Zhang (Age 48)
    CFO & Financial Director
  • Mr. Benjamin Deng (Age 55)
    Assistant President & Chief Investment Officer
  • Mr. James E. Garner
    Chief Strategist & Head of Investor Relations

Key Competitors

View All Competitors

Should I Buy Ping An Insurance (Group) Company of China Stock? PNGAY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Ping An Insurance (Group) Company of China, Ltd.:

  • Ping An Insurance (Group) Company of China, Ltd. has shown consistent growth in its insurance and investment management services, indicating a strong financial performance.
  • The company's diverse range of financial products and services, including life insurance, retirement products, and investment products, provides investors with a broad exposure to different sectors of the financial market.
  • Ping An Insurance (Group) Company of China, Ltd. has a strong presence in the Chinese market, which is one of the fastest-growing insurance markets globally, offering significant growth opportunities.
  • The company's innovative approach to technology and digital transformation in its services enhances operational efficiency and customer engagement, potentially leading to increased profitability.
  • With a current stock price that reflects a favorable valuation compared to its industry peers, investing in Ping An Insurance (Group) Company of China, Ltd. may present a good entry point for investors seeking value.

Cons

Investors should be bearish about investing in Ping An Insurance (Group) Company of China, Ltd. for these reasons:

  • Regulatory challenges in the Chinese insurance market could impact Ping An Insurance (Group) Company of China, Ltd.'s operations and growth prospects.
  • The company's international expansion efforts may face geopolitical risks and currency fluctuations, affecting its financial performance and investor returns.
  • Increased competition in the insurance and financial services sector in China could put pressure on Ping An Insurance (Group) Company of China, Ltd.'s market share and profitability.
  • Market volatility and economic uncertainties, both domestically and globally, may pose risks to Ping An Insurance (Group) Company of China, Ltd.'s investment portfolio and overall financial stability.
  • Investors should carefully monitor Ping An Insurance (Group) Company of China, Ltd.'s exposure to different asset classes and market risks to assess potential vulnerabilities in changing market conditions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Ping An Insurance (Group) Company of China pros and cons to contact@marketbeat.com.

PNGAY Stock Analysis - Frequently Asked Questions

How have PNGAY shares performed in 2024?

Ping An Insurance (Group) Company of China's stock was trading at $9.02 on January 1st, 2024. Since then, PNGAY stock has decreased by 14.5% and is now trading at $7.71.
View the best growth stocks for 2024 here.

How were Ping An Insurance (Group) Company of China's earnings last quarter?

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY) issued its quarterly earnings data on Thursday, March, 21st. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $33.22 billion for the quarter. Ping An Insurance (Group) Company of China had a trailing twelve-month return on equity of 7.01% and a net margin of 8.40%.

How often does Ping An Insurance (Group) Company of China pay dividends? What is the dividend yield for Ping An Insurance (Group) Company of China?

Ping An Insurance (Group) Company of China declared a dividend on Thursday, August 31st. Stockholders of record on Monday, September 11th will be paid a dividend of $0.2097 per share on Monday, November 6th. The ex-dividend date of this dividend is Friday, September 8th.
Read our dividend analysis for PNGAY.

Is Ping An Insurance (Group) Company of China a good dividend stock?

Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) pays an annual dividend of $0.43 per share and currently has a dividend yield of 5.51%. PNGAY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 31.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PNGAY will have a dividend payout ratio of 20.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PNGAY.

How do I buy shares of Ping An Insurance (Group) Company of China?

Shares of PNGAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:PNGAY) was last updated on 4/16/2024 by MarketBeat.com Staff

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