5% technology sector value will gradually show
Ping An’s net profit in the first quarter increased steadily by 32.
5% technology sector value will gradually show
Ping An’s net profit in the first quarter grew steadily32.
5%, the tech sector will gradually realize the value of China Business Network Author: Luo Jia April 26, 2018, a quarter of China Ping An “report card” released data show that China’s Ping An to achieve net profit attributable to shareholders was 257.
02 trillion, an annual increase of 11.
5%; if calculated in accordance with the accounting standards before the amendment, Ping An’s net profit attributable to shareholders of the parent company reached 305.
4.8 billion yuan, an increase of 32.
Against the background of the vertical growth of the entire industry in the first quarter, Ping An’s performance was still solid and growing well.
In addition, on the occasion of the 30th anniversary of the establishment of the company, Ping An continued to increase its efforts to reward shareholders, and proposed to distribute the company’s 30th anniversary special dividend in units of cash.
20 yuan, the dividend budget reaches 36.
5.6 billion yuan.
Guotai Junan analysts said that due to the impact of policies and new accounting calculation methods, the insurance industry’s business income improved in the first quarter of 2018, but the second quarter began to transform the improvement of business structure.The overall return to value growth of the industry will bring sustained growth in the value of listed insurance companies.
The author noticed that on the day when Ping An released its quarterly results today, the market rumored that the party secretary and chairman of Ping An would be changed, which would then lead to a gradual change in Ping An.
Carry out Ping An’s timely announcement statement to advocate rumors, and seriously condemn such malicious rumors.
The person allegedly analyzed and called that it was not ruled out that the short-seller released false information and thus made a profit.
Steady growth of core financial business New business value growth is better than market expectations In terms of core financial business indicators, thanks to the steady growth of renewal premiums, in the first quarter, Ping An Life and Health Insurance business scaled 2,305 premiums.
$ 8.5 billion, an increase of 24 per year.
9%; new business value is 198.
US $ 9.7 billion, a slight decrease from the same period last year, but the value of new business is reset at 30.
2%, an increase of 3 per year.
In response to this situation, analysts said that the decline in the value of new business is due to the high base of the same period last year, which depends on the appointment of new calculation methods. It is expected that the growth rate of new business value will resume from the second quarter.
It is reported that starting from the second quarter, Ping An Life Insurance began to focus on promoting long-term protection products, targeting the needs of different groups of customers, and building and continuously improving the “basic + mid-range + mid-to-high-end” hierarchical and full-coverage guarantee system,, High-value, high-quality multi-type guaranteed products, helping agents to increase productivity and income.
At the same time, Ping An Life will continue to explore the use of AI technology in the areas of customer operations, team management, and customer service to provide new momentum for continued business growth.
In addition, Ping An Property & Casualty Business achieved premium income of 632.
1.7 billion, an annual increase of 17.
8%, the comprehensive cost rate is 95.
9%, continued to grow the industry; banking retail business transformation has achieved significant, retail customer assets increased by 9 as 北京夜生活网 compared to the earlier period.
2%, the balance of retail deposits increased by 13 compared with the beginning of the year.
China Merchants Bank analysts believe that through the tax deferred endowment insurance pilot and the financial industry’s opening to the outside world, it is expected to increase the value of five alternative new business growth rates of listed insurance companies; meanwhile, the current valuation of insurance stocks is at an absolute bottomThe fundamentals will significantly improve after entering the second quarter, and the late-stage insurance stocks will have a higher allocation value. Ping An of China is the key recommendation.
Ping An Good Doctor is about to enter the harvesting period and reorganize the technology sector. Under the guidance of the “finance + technology” strategy, Ping 合肥夜网 An has continuously created mature technology applications and exported services to the society. The merger has hatched including Lufax, Good Doctor, and Financial One.Accounts, the four “unicorns” inside Ping An Medical Insurance.
It is worth mentioning that Ping An Good Doctor will be listed on the Hong Kong Stock Exchange on May 4th. This will be the successful listing of the “Unicorn” that Ping An Group was the first to incubate independently.
It is reported that Ping An Good Doctor issued 50 shares for the first time.
80 construction, according to this calculation, the proposed scale of financing is 81.
3-87.US $ 700 million (approximately RMB6.5-7 billion), with an estimated range of between US $ 7 billion-75.
In addition, the lucrative power of the much-watched Lujin Holdings continued to increase, and the asset management scale at the end of the period reached 4,429.
4.3 billion; personal loan business continued to leverage product and channel advantages and managed loan balances of 3,038.
26 trillion, an earlier increase of 5.
3%; financial institutions and government financial services continued to grow, with inter-agency transactions reaching 11,499.
6.1 billion yuan.
In addition, various “exclusive beast” businesses have also continued to develop rapidly.
Financial OneAccount has successively introduced leading technologies such as smart bank cloud, smart insurance cloud, and smart investment cloud to the market. Among them, smart insurance cloud has signed contracts with 23 insurance companies.
As of the end of March 2018, Financial OneAccount had provided one-stop fintech solutions to 478 banks and more than 1,970 non-bank financial institutions, and the number of financial institutions’ risk control inquiries exceeded 1 in the first quarter.
800 million people.
In addition, Ping An Medical Insurance Technology medical service platform covers more than 200 cities and 2,200 hospitals. The “City One Account” APP has been launched in 38 cities.
As Goldman Sachs stated in the Air Force research report, Ping An ‘s spending on technology over the past years has transformed into better support for core businesses, bringing high returns and high prospects for future business growth. Investors should create Ping An ‘s technology for business creation.The value is taken into account in the assessment.