Ping An Revenue vs. Current Valuation
| 601318 Stock | 53.27 0.18 0.34% |
Total Revenue | First Reported 2018-06-30 | Previous Quarter 218.7 B | Current Value 222.7 B | Quarterly Volatility 60 B |
For Ping An profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ping An to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ping An Insurance utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ping An's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ping An Insurance over time as well as its relative position and ranking within its peers.
Ping |
Ping An Insurance Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ping An's current stock value. Our valuation model uses many indicators to compare Ping An value to that of its competitors to determine the firm's financial worth. Ping An Insurance is the top company in revenue category among its peers. It also is the top company in current valuation category among its peers reporting about 1.62 of Current Valuation per Revenue. At present, Ping An's Total Revenue is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ping An by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ping An's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Ping Revenue vs. Competition
Ping An Insurance is the top company in revenue category among its peers. Market size based on revenue of Financials industry is presently estimated at about 1.59 Trillion. Ping An totals roughly 802.06 Billion in revenue claiming about 50% of equities under Financials industry.
Ping Current Valuation vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Ping An |
| = | 802.06 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Ping An |
| = | 1.3 T |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Ping Current Valuation vs Competition
Ping An Insurance is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is presently estimated at about 5.2 Trillion. Ping An totals roughly 1.3 Trillion in current valuation claiming about 25% of equities under Financials industry.
Ping An Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ping An, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ping An will eventually generate negative long term returns. The profitability progress is the general direction of Ping An's change in net profit over the period of time. It can combine multiple indicators of Ping An, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | 283.4 B | 179.4 B | |
| Net Income From Continuing Ops | 109.3 B | 124.7 B | |
| Income Before Tax | 120.1 B | 149.6 B | |
| Total Other Income Expense Net | 74.5 B | 81 B | |
| Net Income Applicable To Common Shares | 96.3 B | 108.8 B | |
| Net Income | 85.7 B | 107.1 B | |
| Income Tax Expense | -1.5 B | -1.4 B | |
| Net Interest Income | -473.2 B | -449.5 B | |
| Interest Income | 118.9 B | 111.1 B | |
| Change To Netincome | -36.3 B | -38.2 B |
Ping Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ping An. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ping An position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ping An's important profitability drivers and their relationship over time.
Use Ping An in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ping An position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ping An will appreciate offsetting losses from the drop in the long position's value.Ping An Pair Trading
Ping An Insurance Pair Trading Analysis
The ability to find closely correlated positions to Ping An could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ping An when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ping An - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ping An Insurance to buy it.
The correlation of Ping An is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ping An moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ping An Insurance moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ping An can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Ping An position
In addition to having Ping An in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Financials Theme or any other thematic opportunities.
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Other Information on Investing in Ping Stock
To fully project Ping An's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ping An Insurance at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ping An's income statement, its balance sheet, and the statement of cash flows.