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- PICC Group’s Year-to-Date (YTD) Property & Casualty Insurance Premium Income: 249.12 billion yuan
- YTD Life Insurance Premium Income: 67.12 billion yuan
- Investment Opinions: 15 buys, 5 holds, 0 sells
People’s Insurance (PICC) on Smartkarma
Independent analyst coverage of People’s Insurance (PICC) on Smartkarma highlights two reports by David Blennerhassett. In the first report titled “StubWorld: Stay Long PICC (1339 HK)“, the sentiment leans towards bullish as PICC has rebounded from its lifetime low implied stub ratio but still trades below historical metrics. The analysis includes setups for Asia-Pacific Holdcos with significant liquidity and market capitalization.
The second report, “PICC’s (1339 HK)’s Implied Stub Plumbs New Lows As Interest Rate Cuts Bite“, provides insight on the widening NAV discount and implied stub ratio for PICC. Despite trading at historical lows, the market assigns less value to PICC’s profitable life/health insurance operations due to factors like falling interest rates and EV insurance. The report suggests considering long positions on People’s Insurance (1339 HK) and short positions on PICC Property & Casualty (2328 HK) as part of the investment strategy.
A look at People’s Insurance (PICC) Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 5 | |
Dividend | 5 | |
Growth | 4 | |
Resilience | 3 | |
Momentum | 5 | |
OVERALL SMART SCORE | 4.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Investors looking at the long-term outlook for People’s Insurance Company (PICC) can take comfort in the Smartkarma Smart Scores that highlight various aspects of the company’s performance. With a top score in Value and Dividend, PICC demonstrates strong fundamentals that may attract value-oriented investors seeking stability and consistent returns. Additionally, its high Momentum score suggests a positive market sentiment and potential for continued growth.
While PICC scores slightly lower in Resilience and Growth, the overall outlook remains positive. The company, known for offering a range of property and casualty insurance products, as well as asset management services, caters to diverse customer needs in China. This diverse business model positions PICC well for sustained success in the competitive insurance industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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