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Ping An Insurance (Group) Co. of China (SHSE:601318) Revenue : ¥872,670 Mil (TTM As of Sep. 2024)


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What is Ping An Insurance (Group) Co. of China Revenue?

Ping An Insurance (Group) Co. of China's revenue for the three months ended in Sep. 2024 was ¥249,266 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was ¥872,670 Mil. Ping An Insurance (Group) Co. of China's Revenue per Share for the three months ended in Sep. 2024 was ¥13.76. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ¥48.17.

Warning Sign:

Ping An Insurance (Group) Co. of China Ltd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Ping An Insurance (Group) Co. of China was 8.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was -10.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was -4.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 7.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Ping An Insurance (Group) Co. of China's highest 3-Year average Revenue per Share Growth Rate was 153.80% per year. The lowest was -10.30% per year. And the median was 17.40% per year.


Ping An Insurance (Group) Co. of China Revenue Historical Data

The historical data trend for Ping An Insurance (Group) Co. of China's Revenue 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.

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Ping An Insurance (Group) Co. of China Revenue Chart

Ping An Insurance (Group) Co. of China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,056,117.00 1,094,865.00 1,057,550.00 763,874.00 802,062.00

Ping An Insurance (Group) Co. of China Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Revenue 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 189,253.00 182,009.00 218,741.00 222,654.00 249,266.00

Competitive Comparison of Ping An Insurance (Group) Co. of China's Revenue

For the Insurance - Life subindustry, Ping An Insurance (Group) Co. of China's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution in the Insurance Industry

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

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



Ping An Insurance (Group) Co. of China Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥872,670 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  (SHSE:601318) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Ping An Insurance (Group) Co. of China Revenue Related Terms

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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 89%, 8%, 23%, -18%, and 2% of the company's operating profits, respectively, in 2023.
Executives
Yang Xiao Ping Director
Gu Li Ji Supervisors
Huang Bao Xin senior management
Ma Ming Zhe Director
Wang Zhi Liang Supervisors
Chen Xin Ying Director
Chen Ke Xiang senior management
Zhang Wang Jin Supervisors
Cai Fang Fang Director
Hu Jian Feng senior management
Zhang Xiao Lu senior management
Xie Yong Lin Director
Sun Jian Yi Supervisors
Yao Bo Directors, senior managers
Sheng Rui Sheng senior management

Ping An Insurance (Group) Co. of China Headlines

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