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Ping An Insurance (Group) Co. of China (HKSE:02318) Cash per Share : HK$52.16 (As of Mar. 2024)


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What is Ping An Insurance (Group) Co. of China Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Ping An Insurance (Group) Co. of China's Cash per Share for the quarter that ended in Mar. 2024 was HK$52.16.

Ping An Insurance (Group) Co. of China Cash per Share Historical Data

The historical data trend for Ping An Insurance (Group) Co. of China's Cash per Share 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 Cash per Share Chart

Ping An Insurance (Group) Co. of China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.23 38.73 42.23 45.67 47.93

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
Cash per Share 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 49.67 48.12 47.50 47.93 52.16

Ping An Insurance (Group) Co. of China Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

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

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=872746.955/18,210
=47.93

Ping An Insurance (Group) Co. of China's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=949844.62/18,210
=52.16

* 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  (HKSE:02318) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Ping An Insurance (Group) Co. of China Cash per Share Related Terms

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Ping An Insurance (Group) Co. of China (HKSE:02318) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ping An Insurance (Group) Co. of China Ltd (HKSE:02318) » Definitions » Cash per Share
Comparable Companies
SHSE:601628 SHSE:601601 SHSE:601336 SZSE:002423 SZSE:000627 HKSE:01299 BOM:543526 MET AFL TSX:MFC PRU TSX:GWO TPE:2881 LSE:PRU TSE:8750 TPE:2882 TSX:POW BOM:540719 BOM:540777 XKRX:032830
Traded in Other Exchanges
PNGAY:USA PIAIF:USA PZX:Germany 601318:China PZX:Austria
Address
No. 5033 Yitian Road, Ping An Finance Center, 47th, 48th, 109th, 110th, 111th and 112th Floors, Futian District, Guangdong Province, Shenzhen, CHN, 518033
Website
https://www.pingan.cn
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.

Ping An Insurance (Group) Co. of China (HKSE:02318) Headlines

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