The Financial Performance Analysis Of China Pingan Group Buyout Shenzhen Development Bank

With the rapid development of China's market economy,mergers and acquisitions become an important means of a company's rapid expansion and integration of resources.After nearly two decades of rapid development,China's financial sector gradually reveals the inadequacies like the fatigue in its development and its lack of competitiveness in the gradual liberalization of China's capital market in the competition due to the entry of foreign financial institutions.However,in order to better adapt to the development of the market,China's financial companies are constantly absorbing the development experience of Western developed capitalist countries for their self-improvement.As a major Chinese financial sector,China Ping An Group's acquisition of Shenzhen Development Bank has a significant and far-reaching impact.After completing the acquisition,China Ping An Group becomes China's first comprehensive local financial holding company in the true sense.Whether its future development can meet its stated goal.Whether the merger integration is smooth and meets the bilateral goals of long-term development.This paper is intended to make a contrastive analysis of the various financial data of Ping An Bank before the merger and after the merger to determine whether the Ping An Group's acquisition targets can be achieved.This paper is divided into three parts.The first part is the case study of China Ping An Group's acquisition of Shenzhen Development Bank,including the introduction of the two companies respectively,the explication of relative theory and of the case study of China Ping An Group's acquisition of Shenzhen Development Bank which contains the motivation of mergers and acquisitions and its process.The second part makes a contrastive analysis of Ping An Bank's profitability,growth and the ability to changes in shareholders' equity and other aspects before the merger and after the merger by selecting some main financial indicators,such as data related indicators gearing ratio,return on assets,non-performing loan ratio,loan loss provision coverage ratio and protection and then draws its conclusion.Finally,it comes to the related conclusion by the campaign of the merger and acquisition and points out the influence that the mergers and acquisition have made on Ping An Group and Ping An Bank.Besides,it shows the shortcomings existing in the mergers and acquisitions,its related experience and lecture,and its influence on the development of other other commercial banks in China.