
Ping An Insurance (Group) of China (601318.SS) Financial Statements
Price: $52.13
Market Cap: $884.85B
Avg Volume: 58.39M
Market Cap: $884.85B
Avg Volume: 58.39M
Country: CN
Industry: Insurance - Life
Sector: Financial Services
Industry: Insurance - Life
Sector: Financial Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Ping An Insurance (Group) of China.
Income Statement
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue | $916.62B | $906.88B | $985.74B | $1.06T | $1.09T | $1.06T | $879.34B | $897.48B | $716.85B | $623.56B |
Cost of Revenue | $- | $828.39B | $- | $- | $- | $- | $- | $- | $- | $- |
Gross Profit | $916.62B | $78.49B | $985.74B | $1.06T | $1.09T | $1.06T | $879.34B | $897.48B | $716.85B | $623.56B |
Gross Profit Ratio | 100.00% | 8.65% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
General and Administrative Expenses | $80.47B | $80.21B | $164.70B | $172.60B | $176.55B | $172.89B | $147.70B | $139.69B | $130.00B | $112.74B |
Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Selling General and Administrative Expenses | $80.47B | $80.21B | $164.70B | $172.60B | $176.55B | $172.89B | $147.70B | $139.69B | $130.00B | $112.74B |
Other Expenses | $836.14B | $- | $-1.05T | $-1.18T | $-1.17T | $-1.12T | $-858.70B | $-840.82B | $-709.47B | $-589.13B |
Operating Expenses | $916.62B | $80.36B | $-880.70B | $-1.01T | $-993.16B | $-950.32B | $-711.01B | $-701.13B | $-579.47B | $-476.39B |
Cost and Expenses | $916.62B | $80.36B | $879.93B | $917.97B | $907.10B | $871.38B | $716.18B | $762.74B | $622.43B | $530.14B |
Interest Income | $93.91B | $118.50B | $131.10B | $121.37B | $100.40B | $90.19B | $74.78B | $74.89B | $78.14B | $67.40B |
Interest Expense | $643.81B | $591.67B | $22.89B | $28.08B | $26.44B | $20.10B | $18.23B | $72.50B | $52.94B | $64.73B |
Depreciation and Amortization | $17.96B | $16.03B | $16.23B | $15.60B | $16.86B | $16.19B | $8.51B | $7.27B | $6.04B | $5.12B |
EBITDA | $832.26B | $166.21B | $123.40B | $214.40B | $282.62B | $269.56B | $210.02B | $150.29B | $117.22B | $152.29B |
EBITDA Ratio | 90.80% | 18.33% | 12.52% | 6.11% | 10.80% | 11.60% | 20.07% | 22.65% | 19.94% | 24.42% |
Operating Income | $- | $826.51B | $105.05B | $48.09B | $101.71B | $105.79B | $168.33B | $196.35B | $137.37B | $147.16B |
Operating Income Ratio | 0.00% | 91.14% | 10.66% | 4.55% | 9.29% | 10.02% | 19.14% | 21.88% | 19.16% | 23.60% |
Total Other Income Expenses Net | $170.50B | $-706.39B | $-676.10B | $-1.93T | $-953.71B | $-909.66B | $-187.00M | $-701.89B | $-550.26B | $148.19B |
Income Before Tax | $170.50B | $120.12B | $105.81B | $139.58B | $187.76B | $184.74B | $163.15B | $134.74B | $94.41B | $93.41B |
Income Before Tax Ratio | 18.60% | 13.25% | 10.73% | 13.20% | 17.15% | 17.49% | 18.55% | 15.01% | 13.17% | 14.98% |
Income Tax Expense | $23.76B | $10.84B | $-1.62B | $17.78B | $28.41B | $20.37B | $42.70B | $34.76B | $22.04B | $28.23B |
Net Income | $126.61B | $85.67B | $83.77B | $101.62B | $143.10B | $149.41B | $107.40B | $89.09B | $62.39B | $54.20B |
Net Income Ratio | 13.81% | 9.45% | 8.50% | 9.61% | 13.07% | 14.15% | 12.21% | 9.93% | 8.70% | 8.69% |
EPS | $6.99 | $4.84 | $4.80 | $5.77 | $8.10 | $8.41 | $6.02 | $4.99 | $3.50 | $2.98 |
EPS Diluted | $6.99 | $4.74 | $4.73 | $5.72 | $8.04 | $8.38 | $6.01 | $4.99 | $3.49 | $2.98 |
Weighted Average Shares Outstanding | 18.11B | 17.70B | 17.45B | 17.61B | 17.68B | 17.77B | 17.84B | 17.84B | 17.83B | 18.18B |
Weighted Average Shares Outstanding Diluted | 18.11B | 18.07B | 17.71B | 17.77B | 17.80B | 17.83B | 17.87B | 17.85B | 17.88B | 18.19B |
SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
---|---|---|---|---|---|---|---|---|---|---|
Cash and Cash Equivalents | $950.37B | $797.92B | $746.52B | $630.51B | $597.30B | $529.48B | $548.49B | $628.81B | $667.13B | $551.69B |
Short Term Investments | $- | $- | $256.26B | $205.23B | $310.71B | $280.67B | $406.92B | $775.10B | $537.24B | $516.36B |
Cash and Short Term Investments | $950.37B | $797.92B | $746.52B | $630.51B | $597.30B | $529.48B | $548.49B | $1.40T | $1.20T | $1.07T |
Net Receivables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Current Assets | $-950.37B | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Current Assets | $- | $317.13B | $746.52B | $630.51B | $597.30B | $529.48B | $548.49B | $1.40T | $1.20T | $1.07T |
Property Plant Equipment Net | $54.80B | $57.21B | $62.52B | $60.01B | $58.02B | $59.20B | $45.37B | $43.04B | $36.15B | $32.29B |
Goodwill | $43.54B | $44.12B | $44.06B | $23.18B | $23.03B | $20.93B | $20.52B | $20.51B | $20.64B | $12.46B |
Intangible Assets | $31.39B | $32.61B | $33.46B | $29.64B | $27.49B | $27.79B | $29.38B | $33.43B | $36.55B | $29.77B |
Goodwill and Intangible Assets | $74.93B | $76.73B | $77.52B | $52.81B | $50.52B | $48.71B | $49.90B | $53.94B | $57.19B | $42.23B |
Long Term Investments | $7.41T | $6.25T | $5.67T | $5.21T | $4.95T | $4.21T | $3.61T | $2.26T | $1.76T | $1.54T |
Tax Assets | $122.01B | $101.34B | $92.85B | $65.36B | $61.90B | $50.30B | $45.19B | $40.14B | $28.29B | $15.66B |
Other Non-Current Assets | $-7.66T | $4.78T | $-5.90T | $-5.39T | $-5.12T | $-4.36T | $-3.75T | $-2.40T | $-1.88T | $-1.63T |
Total Non-Current Assets | $- | $11.27T | $5.90T | $5.39T | $5.12T | $4.36T | $3.75T | $2.40T | $1.88T | $1.63T |
Other Assets | $12.96T | $- | $4.49T | $4.13T | $3.81T | $3.33T | $2.84T | $2.69T | $2.49T | $2.07T |
Total Assets | $12.96T | $11.58T | $11.14T | $10.14T | $9.53T | $8.22T | $7.14T | $6.49T | $5.58T | $4.77T |
Account Payables | $6.87B | $258.77B | $10.35B | $103.94B | $86.23B | $77.56B | $66.98B | $63.12B | $60.43B | $46.22B |
Short Term Debt | $95.66B | $93.32B | $- | $116.10B | $134.75B | $112.28B | $93.63B | $90.31B | $56.90B | $- |
Tax Payables | $23.77B | $7.12B | $25.87B | $25.91B | $26.06B | $20.84B | $39.99B | $35.38B | $28.85B | $20.57B |
Deferred Revenue | $- | $- | $8.29B | $50.62B | $52.90B | $50.35B | $53.98B | $65.28B | $65.43B | $40.72B |
Other Current Liabilities | $-126.30B | $380.55B | $-36.22B | $-245.96B | $-247.05B | $-210.69B | $-200.60B | $-188.81B | $-146.18B | $-66.79B |
Total Current Liabilities | $- | $739.75B | $232.04B | $220.05B | $220.99B | $189.85B | $165.67B | $150.37B | $117.33B | $88.83B |
Long Term Debt | $1.30T | $1.39T | $1.36T | $1.47T | $1.29T | $1.07T | $879.31B | $719.12B | $149.09B | $104.37B |
Deferred Revenue Non-Current | $- | $16.85B | $44.44B | $43.78B | $48.44B | $42.47B | $47.23B | $59.48B | $58.82B | $37.03B |
Deferred Tax Liabilities Non-Current | $13.98B | $14.15B | $14.22B | $13.61B | $19.27B | $22.28B | $18.48B | $25.89B | $11.27B | $9.91B |
Other Non-Current Liabilities | $-1.31T | $8.93T | $-1.37T | $-1.47T | $-1.29T | $-1.07T | $-879.31B | $-719.12B | $-149.09B | $-104.37B |
Total Non-Current Liabilities | $- | $10.35T | $232.04B | $1.53T | $1.36T | $1.14T | $945.01B | $804.50B | $562.90B | $379.85B |
Other Liabilities | $11.65T | $-739.75B | $9.50T | $7.31T | $6.96T | $6.04T | $5.35T | $4.95T | $4.41T | $3.88T |
Total Liabilities | $11.65T | $10.35T | $9.96T | $9.06T | $8.54T | $7.37T | $6.46T | $5.91T | $5.09T | $4.35T |
Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Common Stock | $18.21B | $18.21B | $18.28B | $18.28B | $18.28B | $18.28B | $18.28B | $18.28B | $18.28B | $18.28B |
Retained Earnings | $693.47B | $622.05B | $595.33B | $569.51B | $521.68B | $433.64B | $334.18B | $236.86B | $175.93B | $135.01B |
Accumulated Other Comprehensive Income Loss | $- | $140.01B | $137.96B | $122.92B | $117.00B | $114.64B | $92.45B | $106.61B | $73.79B | $65.42B |
Other Total Stockholders Equity | $216.92B | $118.74B | $107.10B | $101.70B | $105.60B | $106.60B | $111.60B | $111.60B | $115.45B | $115.54B |
Total Stockholders Equity | $928.60B | $899.01B | $858.67B | $812.40B | $762.56B | $673.16B | $556.51B | $473.35B | $383.45B | $334.25B |
Total Equity | $1.30T | $1.23T | $1.18T | $1.08T | $987.90B | $852.37B | $683.64B | $587.92B | $486.46B | $413.57B |
Total Liabilities and Stockholders Equity | $12.96T | $11.58T | $11.14T | $10.14T | $9.53T | $8.22T | $7.14T | $6.49T | $5.58T | $4.77T |
Minority Interest | $376.11B | $329.95B | $316.62B | $265.32B | $225.34B | $179.21B | $127.14B | $114.57B | $103.01B | $79.32B |
Total Liabilities and Total Equity | $12.96T | $11.58T | $11.14T | $10.14T | $9.53T | $8.22T | $7.14T | $6.49T | $5.58T | $4.77T |
Total Investments | $7.41T | $6.25T | $5.67T | $5.21T | $4.95T | $4.21T | $3.61T | $3.04T | $2.30T | $2.06T |
Total Debt | $1.40T | $1.49T | $1.48T | $1.59T | $1.42T | $1.18T | $972.93B | $809.43B | $549.71B | $375.52B |
Net Debt | $445.21B | $690.19B | $731.48B | $958.16B | $826.11B | $655.11B | $424.44B | $180.62B | $-117.42B | $-176.17B |
Cash Flow Statement
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
---|---|---|---|---|---|---|---|---|---|---|
Net Income | $146.73B | $85.67B | $107.43B | $121.80B | $159.36B | $164.37B | $120.45B | $99.98B | $72.37B | $65.18B |
Depreciation and Amortization | $17.96B | $19.23B | $18.35B | $16.51B | $16.51B | $16.68B | $8.16B | $6.94B | $5.54B | $5.12B |
Deferred Income Tax | $- | $- | $-899.00M | $-672.00M | $-856.00M | $-579.00M | $- | $- | $- | $- |
Stock Based Compensation | $- | $- | $899.00M | $672.00M | $856.00M | $579.00M | $565.00M | $524.00M | $342.00M | $185.00M |
Change in Working Capital | $362.57B | $233.83B | $144.78B | $-224.57B | $-2.94B | $-130.25B | $-34.79B | $-81.98B | $72.72B | $39.21B |
Accounts Receivables | $-312.89B | $330.00M | $2.94B | $12.85B | $-9.18B | $-22.78B | $-161.05B | $-60.08B | $-5.99B | $-5.69B |
Inventory | $- | $1.58B | $706.00M | $-1.17B | $2.25B | $-1.03B | $- | $523.00M | $-1.21B | $-1.64B |
Accounts Payables | $- | $-56.54B | $- | $- | $- | $- | $- | $- | $- | $- |
Other Working Capital | $675.45B | $288.46B | $141.14B | $-236.25B | $4.00B | $-106.44B | $126.26B | $217.59B | $247.83B | $195.91B |
Other Non Cash Items | $-144.78B | $21.68B | $215.34B | $176.37B | $139.14B | $198.65B | $112.44B | $96.34B | $77.19B | $26.11B |
Net Cash Provided by Operating Activities | $382.47B | $360.40B | $485.90B | $90.12B | $312.07B | $249.44B | $206.26B | $121.28B | $227.82B | $135.62B |
Investments in Property Plant and Equipment | $-6.68B | $-7.81B | $-8.87B | $-12.19B | $-9.99B | $-12.21B | $-10.66B | $-19.26B | $-16.62B | $-16.53B |
Acquisitions Net | $- | $1.13B | $-37.11B | $4.87B | $798.00M | $2.37B | $1.02B | $-7.75B | $-17.76B | $-4.92B |
Purchases of Investments | $-2.62T | $-2.07T | $-2.37T | $-2.20T | $-2.68T | $-2.07T | $-1.71T | $-2.44T | $-3.27T | $-2.04T |
Sales Maturities of Investments | $2.20T | $1.96T | $2.20T | $2.25T | $2.26T | $1.72T | $1.50T | $2.12T | $2.98T | $1.79T |
Other Investing Activities | $11.79B | $10.78B | $-5.77B | $-11.67B | $-18.56B | $-23.54B | $-19.79B | $-16.60B | $-5.01B | $-4.84B |
Net Cash Used for Investing Activities | $-416.25B | $-104.00B | $-224.05B | $27.93B | $-447.14B | $-380.16B | $-240.43B | $-354.77B | $-330.62B | $-273.73B |
Debt Repayment | $-49.83B | $-30.12B | $-246.95B | $-152.91B | $223.43B | $179.38B | $40.67B | $154.43B | $176.64B | $186.69B |
Common Stock Issued | $- | $- | $1.10B | $3.90B | $994.00M | $5.00B | $- | $- | $- | $- |
Common Stock Repurchased | $- | $-4.45B | $-1.10B | $-3.90B | $-994.00M | $-5.00B | $- | $- | $- | $- |
Dividends Paid | $-61.42B | $-66.83B | $-43.82B | $-41.47B | $-38.24B | $-33.77B | $-58.58B | $-35.30B | $-23.34B | $-16.90B |
Other Financing Activities | $142.20B | $-120.66B | $59.89B | $66.05B | $80.29B | $-11.23B | $49.17B | $43.35B | $-33.58B | $27.32B |
Net Cash Used Provided by Financing Activities | $30.95B | $-222.06B | $-230.66B | $-136.41B | $260.64B | $125.08B | $31.26B | $178.59B | $133.00B | $204.98B |
Effect of Forex Changes on Cash | $1.40B | $1.92B | $8.57B | $-3.26B | $-4.30B | $1.08B | $2.26B | $-3.99B | $4.02B | $2.50B |
Net Change in Cash | $-1.43B | $36.27B | $39.77B | $-21.62B | $121.28B | $-4.56B | $-640.00M | $-58.89B | $34.23B | $69.36B |
Cash at End of Period | $479.05B | $480.47B | $442.89B | $403.12B | $424.75B | $303.47B | $308.02B | $308.66B | $367.55B | $333.32B |
Cash at Beginning of Period | $480.47B | $444.20B | $403.12B | $424.75B | $303.47B | $308.02B | $308.66B | $367.55B | $333.32B | $263.96B |
Operating Cash Flow | $382.47B | $360.40B | $485.90B | $90.12B | $312.07B | $249.44B | $206.26B | $121.28B | $227.82B | $135.62B |
Capital Expenditure | $-6.68B | $-7.81B | $-8.87B | $-12.19B | $-9.99B | $-12.21B | $-10.66B | $-19.26B | $-16.62B | $-16.53B |
Free Cash Flow | $375.80B | $352.59B | $477.03B | $77.93B | $302.08B | $237.24B | $195.60B | $102.03B | $211.20B | $119.09B |