Ping An Insurance (Group) Company of China Ltd (601318:HKSE) Strategic SWOT, PESTLE Analysis and Financial Insights - A 360 Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence, Financial and Operational KPI's, and Recent Trends
Company Report I 2024-06-10 I 101 Pages I Quaintel Research
Report Summary
Ping An Insurance (Group) Company of China Ltd (601318:HKSE) Strategic SWOT, PESTLE Analysis and Financial Insights - A 360 Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence, Financial and Operational KPI's, and Recent Trends Report is a comprehensive and easily accessible overview of Ping An Insurance (Group) Company of China Ltd's business operations. It provides a detailed analysis of the company's financial and strategic standing, as well as its position in the industry compared to competitors. The report includes several key features to facilitate decision-making and provide insights into the company's performance.
The report begins with in-depth information about Ping An Insurance (Group) Company of China Ltd including key insights, business segments, key executives, locations, products and services, historical events, corporate strategy, and management discussions. This section provides a solid foundation for understanding the company's key attributes.
Next, the report assesses Ping An Insurance (Group) Company of China Ltd's strategic standing through various analyses. The ESG spotlight evaluates the company's environmental, social, and governance performance, providing insights into its sustainability efforts and ethical practices. The SWOT analysis examines the company's internal strengths and weaknesses, as well as external opportunities and threats. The PESTLE analysis evaluates the external factors impacting the company's operations and market environment. Additionally, By integrating these strategic analyses, the report offers a comprehensive understanding of Ping An Insurance (Group) Company of China Ltd's overall strategic standing and supports informed decision-making and strategic planning.
The report also covers Ping An Insurance (Group) Company of China Ltd's financial analysis basis of latest income statement, balance sheet, and cash flow statement. Key financial ratios related to profitability, asset turnover, credit, market, and long-term solvency are outlined, providing guidance for investment decisions. Furthermore, the report compares Ping An Insurance (Group) Company of China Ltd's financial parameters with those of its competitors, offering a unique analysis of the competitive landscape. This information helps manage the business environment and improve sales activities by gaining insight into competitors' operations.
Finally, the report includes recent news and deal activities undertaken by Ping An Insurance (Group) Company of China Ltd enhancing awareness of the company's business trends, growth perspectives, and more.
Key Highlights
Ping An Insurance (Group) Company of China, Ltd. is a multifaceted financial institution that offers an array of products and services spanning insurance, banking, asset management, and technology sectors within the People's Republic of China. Its Life and Health Insurance division caters to both individual and corporate clients, providing a wide range of insurance options including term, whole-life, annuity, and health care coverage. Similarly, the Property and Casualty Insurance arm extends auto, non-auto, and accident and health insurance solutions to meet diverse customer needs.
In the banking segment, Ping An engages in loan and intermediary services for both corporate and retail clients, complemented by wealth management and credit card offerings. The company's Trust segment specializes in trust services and investment activities, while its securities division delivers brokerage, trading, investment banking, and asset management services.
Furthermore, Ping An's diverse portfolio includes technology-driven initiatives, offering financial and daily-life services through internet platforms. Additionally, the company provides various ancillary services such as annuity insurance, IT outsourcing, real estate investment, logistics, management consulting, and e-commerce solutions. Established in 1988, Ping An is headquartered in Shenzhen, China, and continues to evolve as a leading financial conglomerate in the region.
Ping An Insurance (Group) Company of China Ltd in the News:-
- 09-Apr-2024 - Ping An receives Low Risk ESG rating from Sustainalytics Still #1 in Mainland China's insurance sector
- 26-Mar-2024 - Ping An Named Brand Finance's Most Valuable Insurance Brand in the World for the 8th Consecutive Year, with Brand Value Up 4.2%
- 15-Dec-2023 - Ping An Receives Hong Kong ESG Excellence Awards 2023
- 30-Nov-2023 - Ping An Awarded A in MSCI ESG Ratings for Two Consecutive Years
- 26-Nov-2023 - Ping An Chairman Dr. Ma Mingzhe Receives Director of The Year Award from The Hong Kong Institute of Directors
Scope
- Tactical Analysis:- Various strategic frameworks to gain insights into a company's competitive position and operational environment. These analytical tools assist in identifying competitive advantages, potential risks, and areas for improvement and efficiency, enabling companies to make informed tactical decisions.
- Business Strategy:- Contributes to shaping the company's overall direction, goals, and decision-making processes, ensuring long-term success and alignment with stakeholder expectations.
- Financial Position:- Provide valuable information on the financial performance and investor sentiment surrounding the company. Indicating the level of confidence and expectations in the company's future prospects. These components collectively contribute to understanding the financial health and market perception of the company.
- Company Fundamentals:- These fundamentals offer valuable insights into the company's history, operations, leadership, and geographical presence, aiding in a comprehensive understanding of the organization.
- Competitive Landscape:- An identification of the company's main competitors, providing insights into the competitive landscape it operates in.
Reasons to Buy
- Comprehensive Understanding of the Ping An Insurance (Group) Company of China Ltd's internal and external factors through SWOT analysis, PESTLE analysis, Financial Analysis, and Competitors Benchmarking.
- Strive Strategic Decision Making with various analyses and identifying potential customers and suppliers.
- Mitigate Risk with help of thorough analysis of internal and external factors. Furthermore, develop strategies and contingency plans to address these challenges and minimize their impact on business operations.
- Competitive Benchmarking will help to gain a competitive advantage by understanding industry trends, customer preferences, and best practices.
- Financial Performance Evaluation provides crucial insights into key financial ratios and trends, supporting better financial decision-making and resource allocation.
- Valuable insights from the report enable investors and partners to make informed decisions regarding potential Collaborations, Investments, or Partnerships with the company.
Additionally, available deep-dive analysis on the company Ping An Insurance (Group) Company of China Ltd:
- Ping An Insurance (Group) Company of China Ltd Value Chain Analysis
- Ping An Insurance (Group) Company of China Ltd Porter's Five Forces Analysis
- Ping An Insurance (Group) Company of China Ltd VRIO Analysis
- Ping An Insurance (Group) Company of China Ltd BCG Analysis
- Ping An Insurance (Group) Company of China Ltd Segmentation, Targeting and Positioning (STP) Analysis
- Ping An Insurance (Group) Company of China Ltd Ansoff Matrix Analysis
Table of Contents
COMPANY EXECUTIVE SUMMARY 1
Table of Contents 2
Tables 6
Charts 7
Ping An Insurance (Group) Company of China Ltd - Key Company Facts 8
Ping An Insurance (Group) Company of China Ltd - Company Description 9
Ping An Insurance (Group) Company of China Ltd - Top Executives 10
Ping An Insurance (Group) Company of China Ltd- Top Executives Biographies 11
Ping An Insurance (Group) Company of China Ltd- Head Office & Locations 13
Head Office - Country 13
Key Subsidiaries 14
Key Joint Ventures 16
Ping An Insurance (Group) Company of China Ltd - Products and Services 17
Products 17
Services 18
Ping An Insurance (Group) Company of China Ltd - Historic Events 19
Ping An Insurance (Group) Company of China Ltd - Corporate Strategy 21
Ping An Insurance (Group) Company of China Ltd - Business Description 25
Property and Casualty Insurance 25
Life and Health Insurance 26
Banking 27
Asset Management 27
Technology 28
Ping An Insurance (Group) Company of China Ltd - ESG Spotlight 29
Environment 29
Social 30
Corporate Governance 30
Ping An Insurance (Group) Company of China Ltd - SWOT Analysis 32
Overview 32
Strengths 34
Weaknesses 37
Opportunities 38
Threats 39
Ping An Insurance (Group) Company of China Ltd - PESTLE Analysis 41
Overview 41
Political Factors 43
Economic Factors 44
Social Factors 45
Technological Factors 46
Legal Factors 47
Environmental Factors 48
Ping An Insurance (Group) Company of China Ltd - Financial Deep Dive 49
Share Price Trend - Jun-2023 to Jun-2024 (Average Share Closing Price) 49
Profit and Loss Statement 51
Summary of Profit and Loss Statement 51
Balance Sheet 53
Summary of Balance Sheet 53
Cash Flow Statement 55
Summary of Cash Flow Statement 55
Key Financial Ratio Analysis 57
Ping An Insurance (Group) Company of China Ltd - Ratio Charts 58
Activity Ratio Charts 58
Growth Ratios Charts 59
Leverage Ratio Charts 60
Liquidity Ratio Charts 61
Profitability Ratio Charts 62
Competing Players 63
Snapshot of Competing Players 64
China Pacific Insurance (Group) Co Ltd 64
Key Company Facts 64
Company Description 64
Snapshot of Competing Players 66
China Taiping Insurance Holdings Co Ltd 66
Key Company Facts 66
Company Description 66
Snapshot of Competing Players 68
New China Life Insurance Co Ltd 68
Key Company Facts 68
Company Description 68
Snapshot of Competing Players 70
The People's Insurance Company (Group) of China Limited 70
Key Company Facts 70
Company Description 70
Snapshot of Competing Players 72
Taikang Insurance Group Co Ltd 72
Key Company Facts 72
Company Description 72
Ping An Insurance (Group) Company of China Ltd - In the News 73
09-Apr-2024 - Ping An receives Low Risk ESG rating from Sustainalytics Still #1 in Mainland China's insurance sector 73
26-Mar-2024 - Ping An Named Brand Finance's Most Valuable Insurance Brand in the World for the 8th Consecutive Year, with Brand Value Up 4.2% 75
15-Dec-2023 - Ping An Receives Hong Kong ESG Excellence Awards 2023 76
30-Nov-2023 - Ping An Awarded A in MSCI ESG Ratings for Two Consecutive Years 78
26-Nov-2023 - Ping An Chairman Dr. Ma Mingzhe Receives Director of The Year Award from The Hong Kong Institute of Directors 80
07-Nov-2023 - Ping An Ranked in CUHK's Business Sustainability Indices with Rating of "Achiever" 82
20-Oct-2023 - Ping An establishes China's first charitable trust for mangrove ecosystem conservation to promote sustainable development 83
13-Oct-2023 - Ping An triumphs at BDO ESG Awards "Outstanding ESG Performance of H-share Companies Awards" 85
27-Sep-2023 - Michael Guo Xiaotao appointed Co-CEO of Ping An Group, Jessica Tan resigns and continues to serve as company director 87
03-Aug-2023 - Ping An ranked 33rd in the Fortune Global 500 List, 1st among global insurance enterprises 88
Ping An Insurance (Group) Company of China Ltd - Key Deals 90
14-Jan-2022 - The Future of Financial Services in China 90
12-Jul-2019 - Insurance Giant Ping An Enters Online Education 92
Appendix 93
Definitions 93
SWOT Analysis 93
PESTLE Analysis 93
Value Chain Analysis 93
ESG Spotlight 93
Financial Deep Dive 93
Financial Ratios - 94
Activity Ratios 94
Growth Ratios 95
Leverage Ratios 96
Liquidity Ratios 97
Market Ratios 98
Profitability Ratios 98
Research Methodology 99
Disclaimer 100
Contact Us 100
Tables
Table 1: Ping An Insurance (Group) Company of China Ltd - Company Facts 8
Table 2: Ping An Insurance (Group) Company of China Ltd - Top Executives 10
Table 3: Ping An Insurance (Group) Company of China Ltd - Top Executives Biographies 11
Table 4: Ping An Insurance (Group) Company of China Ltd - Subsidiaries 14
Table 5: Ping An Insurance (Group) Company of China Ltd - Key Joint Ventures 16
Table 6: Ping An Insurance (Group) Company of China Ltd - Products 17
Table 7: Ping An Insurance (Group) Company of China Ltd - Services 18
Table 8: Ping An Insurance (Group) Company of China Ltd - Historic Events 19
Table 9: Ping An Insurance (Group) Company of China Ltd - Share Price Trend - Jun-2023 to Jun-2024 49
Table 10: Ping An Insurance (Group) Company of China Ltd - Ratio Analysis - 2020-2023 57
Table 11: Ping An Insurance (Group) Company of China Ltd - Competing Players 63
Charts
Figure 1: Ping An Insurance (Group) Company of China Ltd- SWOT Analysis 33
Figure 2: Ping An Insurance (Group) Company of China Ltd - PESTLE Analysis 42
Figure 3: Ping An Insurance (Group) Company of China Ltd - Average Share Price Trend - Jun-2023 to Jun-2024 50
Figure 4: Ping An Insurance (Group) Company of China Ltd - Profit and Loss Statement - 2020-2023 52
Figure 5: Ping An Insurance (Group) Company of China Ltd - Balance Sheet - 2020-2023 54
Figure 6: Ping An Insurance (Group) Company of China Ltd - Cash Flow Statement 2020-2023 56
Figure 7: Ping An Insurance (Group) Company of China Ltd - Activity Ratio Charts 58
Figure 8: Ping An Insurance (Group) Company of China Ltd - Growth Ratio Charts (Value %) 59
Figure 9: Ping An Insurance (Group) Company of China Ltd - Leverage Ratio Charts 60
Figure 10: Ping An Insurance (Group) Company of China Ltd - Liquidity Ratio Charts 61
Figure 11: Ping An Insurance (Group) Company of China Ltd - Profitability Ratio Charts (Value %) 62
Figure 12: Competing Players - China Pacific Insurance (Group) Co Ltd - Key Financials 65
Figure 13: Competing Players - China Taiping Insurance Holdings Co Ltd - Key Financials 67
Figure 14: Competing Players - New China Life Insurance Co Ltd - Key Financials 69
Figure 15: Competing Players - The People's Insurance Company (Group) of China Limited - Key Financials 71
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