The Valuation Of Ping An Of China

Nowadays, the insurance already becomes a golden industry in the Chinese financial market. Its huge development potential attracts more and more attention. In order to raise their competition ability and orient to the challenge of globalization, each insurance company steps on to list on market .There has been Ping An of China and China Life Insurance Company listed in H and A stock market. From 2006, the Chinese stock market has kept prosper. What kind of stock is a worthy stock, what kind of stock has the value of investing over a long period of time? This text tries to know the investment value of that company stock by the analysis of the factors, such as profession background and financial standing, etc.Take a wide view on the development situation of insurance industry these years, the insurance fee presents a multiple growth, and more and more insurance companies appear, foreign companies and profession tycoon such as China petrochemical sets foot into the insurance industry . Ping An of China ,as Chinese first comprehensive financial service group who takes insurance as its core, and also has business in stock, trust, bank, the property management, business enterprise annuity, etc, its development have a representative meaning under the background that Chinese financial market incline to a mix .Therefore, I choose Ping An of China as a case to study its investment value through the analysis of the company's business structure, financial report, annual report, profession development condition, etc.The text tries to analyze its business structure, profits constitution from its half year report firstly. Then, through the profession comparison, the analysis of Ping An of China advantage and disadvantage and its each year's financial report, it analyzes its potential ability of growth and making profit. Finally, using the relevant data that had been collected, and adopting the method of DCF, I evaluate the company's value. The data that this text adopts comes from company statement, the website of stock certificate company, the website of CIRC and so on. It's found that Ping An of China is a good enterprise that will develop a potential in the future. Therefore, the one who has already purchased that stock can hold it for a long period of time, and shares the income that comes from the company's high-speed growth.