CMB International forecasts 29 percent profit drop for Ping An stock

Published on 10/26/2026 at 09:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 28, 2026 after an 8.1 percent operating-profit growth forecast. Ping An stock costs EUR 5.52 on October 26, 2026.

Profit outlook and reporting date

CMB International forecasts a 29 percent decline in nine-month net profit on October 26, 2026.
Ping An reported RMB 92.585 billion in interim net profit for the first half of 2026.
Ping An stock trades at EUR 5.52 at 8:58 a.m. CEST at Lang & Schwarz on October 26, 2026.

Ping An, CNE1000003X6, Illustration mit AI erstellt.

Ping An (ISIN CNE1000003X6) was trading at EUR 5.52 at Lang & Schwarz on October 26, 2026, at 8:58 a.m. CEST. A CMB International report cited by Futu projects a 29 percent year-over-year decline in Ping An's first-nine-month net profit, while operating profit is forecast to grow 8.1 percent.

Three results signals since August

The chronology points to stronger operating profit but more volatile net income. On August 20, 2026, Ping An's interim report showed operating revenue of RMB 575.138 billion for the first half of 2026, up 15.0 percent year over year, while net profit attributable to shareholders reached RMB 92.585 billion, up 36.1 percent, according to Min News. On October 23, 2026, Ping An Bank reported nine-month operating income of RMB 103.1 billion, up 2.4 percent, and net profit of RMB 39.186 billion, up 2.2 percent, according to Futu. The October 26 forecast is the current event in that sequence.

What does the forecast mean for profit?

The projected split between operating profit and net income places capital-market performance at the center of the next update. CMB International expects first-nine-month net asset value to rise 3.0 percent from the start of 2026, while it sees new business value falling 14.0 percent year over year. The report attributes the pressure to weaker industry sales and a one-off margin effect after actuarial-assumption changes.

The same report puts the property insurance combined ratio at 96.5 percent for the first nine months, an improvement of 0.5 percentage points year over year. It keeps a Buy rating and unchanged targets of HKD 81 for the H shares and RMB 73 for the A shares. Those targets are in local currencies and are separate from the euro quotation used in this article.

Reporting date October 28, 2026

Ping An is scheduled to announce its third-quarter 2026 results after the market closes on October 28, 2026, according to the CMB International report carried by Futu. The report gives investors a defined checkpoint for testing whether operating profit holds near the projected 8.1 percent growth rate and whether market volatility weighs on net income as forecast.

Stock quote before results

Ping An's Hong Kong listing uses ticker 2318 on HKEX. The euro quotation was in pre-market trading at Lang & Schwarz on October 26, 2026, before the next Xetra session. The company therefore enters the results date with a price level of EUR 5.52 and a clearly dated earnings event ahead.

The further course of trading is shown by the continuously updated real-time quote of Ping An stock.