GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ping An Insurance (Group) Co. of China Ltd (OTCPK:PIAIF) » Definitions » Pre-Tax Income

Ping An Insurance (Group) Co. of China (Ping An Insurance (Group) Co. of China) Pre-Tax Income : $16,301 Mil (TTM As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Ping An Insurance (Group) Co. of China Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Ping An Insurance (Group) Co. of China's pretax income for the three months ended in Mar. 2024 was $7,306 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $16,301 Mil. Ping An Insurance (Group) Co. of China's pretax margin was 24.05%.

During the past 13 years, Ping An Insurance (Group) Co. of China's highest Pretax Margin was 18.63%. The lowest was 13.17%. And the median was 15.89%.


Ping An Insurance (Group) Co. of China Pre-Tax Income Historical Data

The historical data trend for Ping An Insurance (Group) Co. of China's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ping An Insurance (Group) Co. of China Pre-Tax Income Chart

Ping An Insurance (Group) Co. of China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26,339.74 28,713.17 21,914.50 20,416.11 16,822.64

Ping An Insurance (Group) Co. of China Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,019.56 5,681.57 3,222.57 90.89 7,306.40

Competitive Comparison of Ping An Insurance (Group) Co. of China's Pre-Tax Income

For the Insurance - Life subindustry, Ping An Insurance (Group) Co. of China's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ping An Insurance (Group) Co. of China's Pre-Tax Income Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Ping An Insurance (Group) Co. of China's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Ping An Insurance (Group) Co. of China's Pre-Tax Income falls into.



Ping An Insurance (Group) Co. of China Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Ping An Insurance (Group) Co. of China's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+16822.638
=16,823

Ping An Insurance (Group) Co. of China's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+7306.395
=7,306

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $16,301 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ping An Insurance (Group) Co. of China  (OTCPK:PIAIF) Pre-Tax Income Explanation

Ping An Insurance (Group) Co. of China's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=7306.395/30374.366
=24.05%

During the past 13 years, Ping An Insurance (Group) Co. of China's highest Pretax Margin was 18.63%. The lowest was 13.17%. And the median was 15.89%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ping An Insurance (Group) Co. of China Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Ping An Insurance (Group) Co. of China's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Ping An Insurance (Group) Co. of China (Ping An Insurance (Group) Co. of China) Business Description

Address
No. 5033 Yitian Road, Ping An Finance Center, 47th, 48th, 109th, 110th, 111th and 112th Floors, Futian District, Guangdong Province, Shenzhen, CHN, 518033
Founded in 1988, Ping An Insurance is an integrated financial service provider headquartered in Shenzhen. The company has a focus on the offerings of healthcare services and integrated financial products. Ping An is China's second-largest life and P&C insurer. The company strives for an integrated financial services platform comprising life insurance, P&C insurance, banking, other financial services, and technology. These business segments contributed 65%, 5%, 26%, 2%, and 4% of the company's operating profits, respectively, in 2022.