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

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

2318.HK

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
119,160
Cost of Revenue
1,019
Gross Profit
118,141
Gross Margin
99.1%
Operating Income
22,164
Operating Margin
18.6%
Net Income
16,459
Net Margin
13.8%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
27,021
EBITDA Margin
22.7%

2023

12/31/2023

Revenue
88,224
Cost of Revenue
0
Gross Profit
88,224
Gross Margin
100.0%
Operating Income
15,615
Operating Margin
17.7%
Net Income
11,136
Net Margin
12.6%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
21,280
EBITDA Margin
24.1%

2022

12/31/2022

Revenue
86,386
Cost of Revenue
0
Gross Profit
86,386
Gross Margin
100.0%
Operating Income
18,504
Operating Margin
21.4%
Net Income
14,431
Net Margin
16.7%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
23,840
EBITDA Margin
27.6%

2021

12/31/2021

Revenue
137,482
Cost of Revenue
0
Gross Profit
137,482
Gross Margin
100.0%
Operating Income
18,145
Operating Margin
13.2%
Net Income
13,210
Net Margin
9.6%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
23,943
EBITDA Margin
17.4%

2020

12/31/2020

Revenue
142,332
Cost of Revenue
14,848
Gross Profit
127,484
Gross Margin
89.6%
Operating Income
24,409
Operating Margin
17.1%
Net Income
18,603
Net Margin
13.1%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
29,993
EBITDA Margin
21.1%