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Retail-focused Chinese joint-stock bank owned by Ping An Insurance Group, known for credit cards and wealth management.
Retail-focused Chinese joint-stock bank owned by Ping An Insurance Group, known for credit cards and wealth management.
Earns from consumer credit, especially credit cards and auto and personal loans, plus wealth fees from selling Ping An group products. Ping An Insurance owns about half and feeds it customers from the insurer and its agent force. It took its current name after the former Shenzhen Development Bank merged with the group's Ping An Bank in 2012.
In one line: China's Capital One, backed by an insurance parent.
Moat: narrow (distribution, brand, data). Cross-sell access to Ping An Insurance's large customer base gives a distribution edge among joint-stock banks.
Headquarters: Shenzhen, China · Founded: 1987 · Employees: 41,698
Size Ping An Bank (000001.SZ) is a China Financials company (Major Banks) with a market value of $34.4B, the 51st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥11.81 on 6 Nov 2026.
Performance Over six months the shares gained 2.8%, against +8.1% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue fell 9.1% over the last twelve months (peer median +4.6%); the operating margin is 38.3% (peer median 38.1%).
Valuation It trades at 0.48× book value against a peer median of 1.68× (2nd cheapest of 21).
Price implies The share price implies a return on equity of about 3.6%; Ping An Bank delivers 9.0%, so the price asks less than the business earns today.
Next results Next results expected around 11 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥206B | CN¥215B | CN¥256B | CN¥278B | CN¥284B |
| Revenue growth | — | -16% | -8% | -2% | — |
| Net income | CN¥42.3B | CN¥41.0B | CN¥42.5B | CN¥44.5B | CN¥43.5B |
| Free cash flow | -CN¥28.6B | -CN¥31.3B | CN¥129B | CN¥7.59B | -CN¥232B |
| Capital expenditure | CN¥2.88B | CN¥2.89B | CN¥2.39B | CN¥3.10B | CN¥3.54B |
| Total debt | CN¥1.46T | CN¥1.55T | CN¥1.47T | CN¥1.56T | CN¥1.41T |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Ping An Bank 000001.SZ | $34.4B | +3% | -9% | 9% | 0.48× | 3.6% |
| China Merchants Bank 600036.SS | $164B | +12% | +9% | 14% | 0.94× | 5.4% |
| China CITIC Bank 601998.SS | $71.5B | +9% | -6% | 9% | 0.67× | 2.5% |
| Capital One COF | $121B | +7% | +26% | 9% | 1.11× | 11.1% |
| Industrial and Commercial Bank of China 601398.SS | $428B | +13% | -4% | 10% | 0.75× | 2.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 000001.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.2% | +1.0% | 9th lowest of 21 |
| 6-month return | +2.8% | +8.1% | 10th lowest of 21 |
| Return on equity | 9.0% | 13.0% | 3rd lowest of 21 |
| Price / book | 0.48× | 1.68× | 2nd cheapest of 21 |
| Trailing P/E | 5.5× | 12.8× | 3rd cheapest of 21 |
| ROE the price implies | 3.6% | 9.8% | least demanding of 21 |
| ROE delivered | 9.0% | 13.5% | 3rd lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Ping An Bank 000001.SZ | China | $34.4B | +3% | -9% | 9% | 0.48× | 3.6% | 9.0% |
| Svenska Handelsbanken SHB-A.ST | Sweden | $32.6B | +23% | -14% | 12% | 1.68× | 9.0% | 12.2% |
| PKO Bank Polski PKO.WA | Poland | $36.5B | +18% | -2% | 20% | 2.56× | 31.9% | 20.1% |
| Huntington Bancshares HBAN | United States | $31.2B | -3% | +24% | 9% | 1.06× | 10.2% | 9.1% |
| BPER Banca BPE.MI | Italy | $30.4B | +2% | +15% | 15% | 1.49× | 18.6% | 14.9% |
| ShinhanGroup 055550.KS | South Korea | $29.2B | -13% | +32% | 9% | 0.78× | 5.2% | n/a |
| Danske Bank A/S DANSKE.CO | Denmark | $42.4B | +11% | +8% | 14% | 1.68× | 6.1% | 14.1% |
| Credicorp BAP | United States | $27.6B | +5% | +24% | 21% | 2.47× | 17.9% | 20.6% |
| Skandinaviska Enskilda Banken SEB-A.ST | Sweden | $42.9B | +20% | -8% | 14% | 1.80× | 9.5% | 13.5% |
| Banco Bradesco SA Sponsored ADR Pfd BBD | United States | $27.5B | -32% | +29% | 14% | 0.71× | 6.2% | 14.2% |
| Sumitomo Mitsui Trust Gp 8309.T | Japan | $27.4B | +38% | +5% | 11% | 1.18× | 7.5% | 10.9% |
| Axis Bank AXISBANK.NS | India | $43.6B | +2% | +7% | 14% | 1.78× | 25.1% | 13.9% |
| China Everbright Bank 6818.HK | Hong Kong | $26.6B | -10% | -3% | 5% | 0.28× | 3.9% | 5.5% |
| Citizens Financial CFG | United States | $26.5B | -1% | +4% | 9% | 1.16× | 11.5% | 8.9% |
| Swedbank SWED-A.ST | Sweden | $46.0B | +25% | -5% | 14% | 2.09× | 13.2% | 14.3% |
| E Sun Financial 2884.TW | Taiwan | $25.2B | +55% | +36% | 15% | 2.70× | 7.6% | 14.7% |
| United Overseas Bank U11.SI | Singapore | $47.6B | 0% | -10% | 10% | 1.23× | 9.2% | 9.8% |
| Regions Financial RF | United States | $24.1B | +2% | +1% | 12% | 1.46× | 13.2% | 12.4% |
| Mega Financial 2886.TW | Taiwan | $24.0B | +37% | +1% | 10% | 1.97× | 5.9% | 10.0% |
| DNB Bank DNB.OL | Norway | $50.0B | +16% | -8% | 15% | 1.76× | 11.2% | 15.1% |
| Kotak Mahindra Bank KOTAKBANK.NS | India | $50.5B | +27% | +12% | 12% | 2.45× | 29.5% | 11.8% |