Ping An Insurance (Group) Company of China, Ltd.

SEHK-2318

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Premiums and Annuity Revenues						748,779	757,599	739,933	525,903	536,210	540,981
Total Interest And Dividend Income						103,374	182,834	200,459	107,162	87,382	84,487
Gain (Loss) on Sale of Investments, Total						94,744	41,395	-11,605	-57,069	-51,273	-40,298
Non-Insurance Activities Revenues						231,421	250,753	264,963	274,766	273,358	258,050
Other Revenues, Total						91,153	88,020	79,266	33,881	61,199	55,481
Total Revenues						1,269,471	1,320,601	1,273,016	884,643	906,876	898,701
Total Revenues % Chg.						18.9%	4%	-3.6%	-30.5%	2.5%	-1.2%
Policy Benefits						578,313	614,751	618,662	426,535	443,909	448,505
Policy Acquisition / Underwriting Costs, Total						114,766	102,021	80,711	—	—	—
Selling General & Admin Expenses, Total						174,870	178,708	174,783	76,401	80,212	78,742
Provision for Bad Debts	—	—	—	—		202	417	242	-23	152	-1,738
Provision For Loan Losses	—	—	—	—		-61,448	-75,131	-86,474	-78,838	-71,941	-57,428
Other Operating Expenses						36,814	36,614	41,450	32,948	48,478	47,495
Non-Insurance Activities Expenses						97,004	98,587	102,011	107,616	117,378	117,945
Reinsurance Income Or Expense	—	—	—	—		—	—	—	—	—	—
Total Operating Expenses						1,063,417	1,106,229	1,104,333	722,315	762,070	748,377
Operating Income						206,054	214,372	168,683	162,328	144,806	150,324
Interest Expense, Total						-20,098	-26,436	-28,082	-22,698	-24,346	-21,051
Currency Exchange Gains (Loss)						779	2,219	1,267	3,144	120	-931
Other Non Operating Income (Expenses)	—	—	—	—		—	-2,391	-2,288	-439	-463	-849
EBT, Excl. Unusual Items						186,735	187,764	139,580	142,335	120,117	127,493
Gain (Loss) on Sale of Assets	—	—	—	—		—	—	—	—	—	-304
Asset Writedown	—	—	—	—	—	-1,996	—	—	—	—	—
Other Unusual Items	—	—	—	—		—	—	—	—	—	133
EBT, Incl. Unusual Items						184,739	187,764	139,580	142,335	120,117	127,322
Income Tax Expense						20,374	28,405	17,778	7,518	10,843	12,770
Earnings From Continuing Operations						164,365	159,359	121,802	134,817	109,274	114,552
Minority Interest						-14,958	-16,260	-20,184	-23,809	-23,609	-24,109
Net Income						149,407	143,099	101,618	111,008	85,665	90,443
Net Income to Common Incl Extra Items						149,407	143,099	101,618	111,008	85,665	90,443
Net Income to Common Excl. Extra Items						149,407	143,099	101,618	111,008	85,665	90,443
Total Shares Outstanding						18,222.6	18,210.2	18,132.5	18,107.6	18,107.6	18,107.6
Weighted Avg. Shares Outstanding						17,769	17,675	17,607	17,454	17,717	17,729.5
Weighted Avg. Shares Outstanding Dil						17,833	17,795	17,771	17,710	18,074	18,107
EPS						8.4	8.1	5.8	6.4	4.8	5.1
EPS Diluted						8.4	8	5.7	6.3	4.7	5
EBITDA						213,890	222,808	178,062	174,534	158,346	163,731
Effective Tax Rate						11%	15.1%	12.7%	5.3%	9%	10%