Last $74.55 HKD
Change Today +1.20 / 1.64%
Volume 9.9M
2318 On Other Exchanges
Symbol
Exchange
Hong Kong
OTC US
OTC US
Shanghai
Frankfurt
As of 9:02 PM 12/17/14 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

Galaxy Development Center

Offices at 15, 16, 17, 18 Floors

Fu Hua No. 3 Road

Futian District

Shenzhen, 518048

China

Phone: 86 40 0886 6338

Fax: 86 755 8243 1029

Ping An Insurance (Group) Company of China, Ltd., through its subsidiaries, provides financial products and services in the People’s Republic of China. INSURANCE The company engages in the property and casualty insurance business. The company provides insurance related services through its four subsidiaries, including: Ping An Life, Ping An Property & Casualty, Ping An Annuity and Ping An Health. Ping An Life: Ping An Life, through its 35 provincial branches and approximately 2,000 branch offices and outlets, provides individual and group customers with life insurance products. As of December 31, 2008, Ping An Life had approximately 36.49 million individual customers and 460,000 corporate customers. Ping An Annuity: Ping An Annuity provides clients with a portfolio of professional services including fiduciary management, investment management and account management. Ping An Health: Ping An Health is principally engaged in providing domestic and overseas corporate and individual customers with various health insurance products and professional services. Property and casualty insurance business The company conducts property and casualty insurance business mainly through Ping An Property & Casualty. Furthermore, Ping An Hong Kong also offers property and casualty insurance service in the Hong Kong market. BANKING The company conducts its banking business through Ping An Bank. Ping An Bank provides various products and services, including deposits, loans, foreign exchange, credit cards and wealth management. Ping An Bank is extending its nationwide presence, with branches extending from its Shenzhen headquarter to Shanghai, Fuzhou, Quanzhou, Xiamen and Hangzhou. INVESTMENT Ping An Asset Management, Ping An Asset Management (Hong Kong), Ping An Securities and Ping An Trust together form the investment and asset management platform of the company. Ping An Asset Management and Ping An Asset Management (Hong Kong) manage the company's insurance funds, as well as investment assets of other Ping An subsidiaries. In addition, the two companies provide products and services for other investors. Ping An Trust and Ping An Securities provide customers with asset management services, including wealth management products and trust schemes. The company invested its managed assets not only in the capital market but also in other sectors, such as infrastructure, property and direct equity investments. Ping An Securities provides brokerage, investment banking and financial advisory services. History Ping An Insurance (Group) Company was founded in 1988. The company was formerly known as Ping An Insurance Company of China, Ltd. and changed its name to Ping An Insurance (Group) Company of China, Ltd. in April 2002.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
2318:HK $74.55 HKD +1.20

2318 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Bank of China Ltd CNY3.48 CNY -0.06
China Construction Bank Corp CNY5.86 CNY -0.08
China Merchants Bank Co Ltd CNY14.90 CNY -0.20
China Pacific Insurance Group Co Ltd CNY26.90 CNY +0.23
People's Insurance Co Group of China Ltd $3.58 HKD +0.06
View Industry Companies
 

Industry Analysis

2318

Industry Average

Valuation 2318 Industry Range
Price/Earnings 14.4x
Price/Sales 1.0x
Price/Book 2.3x
Price/Cash Flow 8.3x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PING AN INSURANCE GROUP CO-H, please visit www.pingan.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.