2318.HK

Ping An Insurance (Group) Company of China, Ltd. [2318.HK] Stock Forecast

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2318.HK Stock Summary

Earnings are expected to fall -100% next year

EPS has been decreasing for the past 3 years (Yearly statements)

EPS has been decreasing for the past 3 quarters (Quarter statements)

2318.HK has less than 1 year of cash runway

Debt-to-Equity ratio of 1.66 is considered moderate, deeper research suggested.

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2318.HK Financial details

Company Rating

Sell

Market Cap

656.79B

Income

85.67B

Revenue

532.76B

Book val./share

Cash/share

Dividend

2.71

Dividend %

8.56%

Employees

288.75K

Optionable

Shortable

Yes

Earnings

24 Apr 2024

P/E

5.25

Forward P/E

PEG

22.91

P/S

1.13

P/B

0.58

P/C

P/FCF

4.37

Quick Ratio

6.99

Current Ratio

6.99

Debt / Equity

1.66

LT Debt / Equity

1.13

EPS (TTM)

4.91

EPS next Y

EPS next Q

EPS this Y

EPS next Y

EPS next 5Y

EPS last 5Y

Revenue last 5Y

-5.35%

Revenue Q/Q

-3.83%

EPS Q/Q

SMA20

-13.89%

SMA50

-6.06%

SMA100

-18.42%

Inst Own

0.03%

Inst Trans

1.08%

ROA

ROE

11%

ROC

0.02%

Gross Margin

100%

Oper. Margin

39%

Profit Margin

18%

Payout

69%

Shs Outstand

Shs Float

Target Price

52W Range

29.55-61.7

52W High

-48.93%

52W Low

+7.41%

RSI

Rel Volume

0.93

Avg Volume

42.4M

Volume

39.35M

Perf Week

-4.3%

Perf Month

-8.25%

Perf Quarter

-22.7%

Perf Half Y

-27.39%

Beta

0.777

Volatility

0.83%, 2.01%

Prev Close

-0.8%

Price

31.15

Change

2.81%

2318.HK Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	59.45	61.97	60.05	56.48	0
Net income per share	8.41	8.1	5.77	4.8	0
Operating cash flow per share	14.04	17.66	5.12	27.84	0
Free cash flow per share	13.35	17.1	4.42	27.33	0
Cash per share	29.8	33.81	35.8	42.77	0
Book value per share	37.89	43.16	46.13	49.2	0
Tangible book value per share	45.24	53.06	58.2	62.9	0
Share holders equity per share	37.89	43.16	46.13	49.2	0
Interest debt per share	67.81	82.07	91.8	86	0
Market cap	1460.96B	1413.79B	807.08B	796.06B	0
Enterprise value	2116.07B	2239.9B	1765.24B	1527.54B	690.19B
P/E ratio	9.78	9.88	7.94	9.5	0
Price to sales ratio	1.38	1.29	0.76	0.81	0
POCF ratio	5.86	4.53	8.96	1.64	0
PFCF ratio	6.16	4.68	10.36	1.67	0
P/B Ratio	2.17	1.85	0.99	0.93	0
PTB ratio	2.17	1.85	0.99	0.93	0
EV to sales	2	2.05	1.67	1.55	0.86
Enterprise value over EBITDA	17.28	18.95	27.32	12.38	16.72
EV to operating cash flow	8.48	7.18	19.59	3.14	1.92
EV to free cash flow	8.92	7.41	22.65	3.2	1.96
Earnings yield	0.1	0.1	0.13	0.11	0
Free cash flow yield	0.16	0.21	0.1	0.6	0
Debt to equity	1.76	1.87	1.96	1.72	1.66
Debt to assets	0.14	0.15	0.16	0.13	0.13
Net debt to EBITDA	5.35	6.99	14.83	5.93	16.72
Current ratio	2.79	2.7	2.87	3.22	7.81
Interest coverage	5.26	3.85	1.71	4.59	0.04
Income quality	1.52	1.96	0.74	4.52	3.3
Dividend Yield	0.05	0.06	0.11	0.09	0
Payout ratio	0.45	0.56	0.86	0.85	0.78
Sales general and administrative to revenue	0.16	0.16	0.16	0.17	0.1
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.01	0.01	0.01	0.01	0.01
Capex to operating cash flow	-0.05	-0.03	-0.14	-0.02	-0.02
Capex to revenue	-0.01	-0.01	-0.01	-0.01	-0.01
Capex to depreciation	-0.73	-0.61	-0.74	-0.48	-0.41
Stock based compensation to revenue	0	0	0	0	0
Graham number	84.68	88.69	77.39	72.89	0
ROIC	0.05	0.04	0.02	0.05	0.01
Return on tangible assets	0.02	0.02	0.01	0.01	0.01
Graham Net	-385.08	-449.59	-478.88	-528.01	0
Working capital	339.63B	376.31B	410.46B	514.48B	695.74B
Tangible asset value	803.66B	937.38B	1024.91B	1097.78B	1152.24B
Net current asset value	6841.08B	7942.67B	8433.79B	9215.35B	9556.53B
Invested capital	1.76	1.87	1.96	1.72	1.66
Average receivables	0	0	0	0	0
Average payables	74.81B	81.9B	95.09B	107.02B	59.47B
Average inventory	0	0	0	0	0
Days sales outstanding	0	0	0	0	0
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	0	0	0	0	0
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.22	0.19	0.13	0.1	0.1
Capex per share	-0.69	-0.57	-0.69	-0.51	0

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric	2022-12-31	2023-03-31	2023-06-30	2023-09-30	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	12.03	5.21	3.84	10.48	0
Net income per share	0.71	2.17	1.74	0.98	0
Operating cash flow per share	0.71	2.17	-2.64	8.32	0
Free cash flow per share	0.51	2.09	-2.72	8.18	0
Cash per share	42.81	44.93	44.32	44.64	0
Book value per share	49.24	51.73	50.79	49.99	0
Tangible book value per share	62.95	65.4	64.32	63.94	0
Share holders equity per share	49.24	51.73	50.79	49.99	0
Interest debt per share	85.05	85.28	86.16	86.29	0
Market cap	795.46B	789.56B	832.72B	754.97B	0
Enterprise value	1526.94B	1349.54B	1444.05B	1358.55B	690.19B
P/E ratio	16.15	5.15	6.61	10.64	0
Price to sales ratio	3.79	8.58	11.98	3.99	0
POCF ratio	64.58	20.59	-17.46	5.02	0
PFCF ratio	88.57	21.38	-16.94	5.11	0
P/B Ratio	0.93	0.86	0.91	0.84	0
PTB ratio	0.93	0.86	0.91	0.84	0
EV to sales	7.28	14.67	20.78	7.18	3.79
Enterprise value over EBITDA	288.92	6.73	86.34	-1K	-32.63
EV to operating cash flow	123.97	35.19	-30.28	9.04	14.45
EV to free cash flow	170.02	36.54	-29.38	9.19	15.22
Earnings yield	0.02	0.05	0.04	0.02	0
Free cash flow yield	0.01	0.05	-0.06	0.2	0
Debt to equity	1.72	1.48	1.54	1.56	1.66
Debt to assets	0.13	0.12	0.12	0.12	0.13
Net debt to EBITDA	138.41	2.79	36.55	-446.1	-32.63
Current ratio	3.22	6.28	6.35	6.99	7.81
Interest coverage	1.96	1.26	0.12	-0.01	-0.15
Income quality	1	1	-1.51	8.48	0
Dividend Yield	0.03	0.01	0.03	0.02	0
Payout ratio	1.96	0.16	0.76	0.83	-11.55
Sales general and administrative to revenue	0.22	0.21	0.28	0.1	0.12
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.01	0.01	0.01	0.01	0.01
Capex to operating cash flow	-0.27	-0.04	0.03	-0.02	-0.05
Capex to revenue	-0.02	-0.02	-0.02	-0.01	-0.01
Capex to depreciation	-0.18	0	-0.17	0.29	0
Stock based compensation to revenue	0	0	0.01	0	0
Graham number	27.97	50.26	44.62	33.23	0
ROIC	0.01	0.07	0.01	0	-0.02
Return on tangible assets	0	0	0	0	0
Graham Net	-528.41	-523.95	-521.49	-521.84	0
Working capital	514.48B	667.73B	675.05B	691.01B	695.74B
Tangible asset value	1097.78B	1155.9B	1162.59B	1155.08B	1152.24B
Net current asset value	9215.35B	9260.09B	9426.72B	9427.32B	9556.53B
Invested capital	1.72	1.48	1.54	1.56	1.66
Average receivables	0	0	0	0	0
Average payables	107.8B	60.19B	9.84B	9.23B	8.96B
Average inventory	0	0	0	0	0
Days sales outstanding	0	0	0	0	0
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	0	0	0	0	0
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.01	0.04	0.03	0.02	0
Capex per share	-0.19	-0.08	-0.08	-0.14	0

2318.HK Dividend History

2318.HK Frequently Asked Questions

What is Ping An Insurance (Group) Company of China, Ltd. stock symbol ?

Ping An Insurance (Group) Company of China, Ltd. is a CN stock and trading under the symbol 2318.HK

What is Ping An Insurance (Group) Company of China, Ltd. stock quote today ?

Ping An Insurance (Group) Company of China, Ltd. stock price is $31.15 today.

Is Ping An Insurance (Group) Company of China, Ltd. stock public?

Yes, Ping An Insurance (Group) Company of China, Ltd. is a publicly traded company.

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Company Profile

Volume Average 42.4M
Market Capitalization 656.79B
Employee 288.75K
CEO Mr. Yonglin Xie Ph.D.
Headquarters Shenzhen,CN
IPO Date 2004-06-24
Website https://www.pingan.com

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