About
About Ping An Bank Co., Ltd
Ping An Bank Co., Ltd. provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally. The company operates through three segments: Wholesale Financial Services, Retail Financial Services, and Other Businesses. It offers deposit products, including demand, time, call, negotiated, agreement, and margin deposits; foreign currency, corporate, and structured deposits. The company also provides loans, such as working capital, fixed asset, corporate fixed deposit certificate pledge, commercial property mortgage, syndicated, cross-border syndicated, real estate development, government platform, and cross-border working capital loans, as well as corporate client account overdraft, online banking revolving loans for small and medium-sized enterprises, offshore foreign exchange deposits, and offshore cross-border financing loans. In addition, it offers settlement, offshore, corporate finance, cash management, trade finance, custody, corporate e-banking, corporate intermediary, interbank, and wealth management services, as well as bank cards. The company was founded in 1987 and is headquartered in Shenzhen, China.
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5 years, 5 months ago
Ping An Bank Co., Ltd is currently in a long term uptrend where the price is trading 7.4% above its 200 day moving average.
From a valuation standpoint, the stock is 62.0% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.9.
Ping An Bank Co., Ltd's total revenue rose by 5.6% to $37B since the same quarter in the previous year.
Its net income has increased by 42.8% to $7B since the same quarter in the previous year.
Finally, its free cash flow grew by 61.4% to $-49B since the same quarter in the previous year.
Based on the above factors, Ping An Bank Co., Ltd gets an overall score of 5/5.