Ping An Insurance (Group) Co. of China (Ping An Insurance (Group) Co. of China) 3-Year FCF Growth Rate : 4.80% (As of Mar. 2024)

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What is Ping An Insurance (Group) Co. of China 3-Year FCF Growth Rate?

Ping An Insurance (Group) Co. of China's Free Cash Flow per Share for the three months ended in Mar. 2024 was $0.57.

During the past 12 months, Ping An Insurance (Group) Co. of China's average Free Cash Flow per Share Growth Rate was -50.80% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 4.80% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 10.80% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 5.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Ping An Insurance (Group) Co. of China was 67.90% per year. The lowest was -27.50% per year. And the median was 12.80% per year.

Competitive Comparison of Ping An Insurance (Group) Co. of China's 3-Year FCF Growth Rate

For the Insurance - Life subindustry, Ping An Insurance (Group) Co. of China's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ping An Insurance (Group) Co. of China's 3-Year FCF Growth Rate Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Ping An Insurance (Group) Co. of China's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Ping An Insurance (Group) Co. of China's 3-Year FCF Growth Rate falls into.

Ping An Insurance (Group) Co. of China 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

Ping An Insurance (Group) Co. of China (OTCPK:PIAIF) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.

Ping An Insurance (Group) Co. of China 3-Year FCF Growth Rate Related Terms

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Ping An Insurance (Group) Co. of China (Ping An Insurance (Group) Co. of China) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ping An Insurance (Group) Co. of China Ltd (OTCPK:PIAIF) » Definitions » 3-Year FCF Growth Rate

Comparable Companies

Traded in Other Exchanges

PNGAY:USA 02318:Hong Kong PZX:Germany 601318:China PZX:Austria

Address

No. 5033 Yitian Road, Ping An Finance Center, 47th, 48th, 109th, 110th, 111th and 112th Floors, Futian District, Guangdong Province, Shenzhen, CHN, 518033

Website

https://www.pingan.cn

Founded in 1988, Ping An Insurance is an integrated financial service provider headquartered in Shenzhen. The company has a focus on the offerings of healthcare services and integrated financial products. Ping An is China's second-largest life and P&C insurer. The company strives for an integrated financial services platform comprising life insurance, P&C insurance, banking, other financial services, and technology. These business segments contributed 65%, 5%, 26%, 2%, and 4% of the company's operating profits, respectively, in 2022.