Earnings Alerts

Breaking Down Ping An Insurance (H) (2318) Earnings: YTD Life Premium Income Hits 133.84B Yuan

  • Ping An Insurance’s year-to-date (YTD) life premium income has reached 133.84 billion yuan.
  • The company’s YTD property and casualty insurance premium income stands at 50.49 billion yuan.
  • The company’s stock has received 28 buy ratings, 1 hold rating, and 1 sell rating so far in the year.

Ping An Insurance (H) on Smartkarma

Smartkarma, an independent investment research network, is buzzing with analyst coverage of Ping An Insurance (H). According to Brian Freitas, a top independent analyst on Smartkarma, the A-shares of Ping An Insurance are currently trading at a 40% premium to the H-shares. This is due to a surge in selling of Hong Kong-listed stocks and inflows into mainland ETFs. However, Freitas warns that this blow out in the spread could result in a sharp reversal in the near future. In his report titled “Ping An A/H Premium: Blow Out Could Lead to Sharp Reversal”, Freitas points out that the difference in Ping An’s AH premium versus the HSAHP Index has shrunk to its narrowest level in the last 10 years. He also notes that shareholding in Ping An Insurance Group (601318 CH) via Northbound Connect has dropped, while shareholding in Ping An Insurance (H) (2318 HK) via Southbound Connect has steadily increased.


A look at Ping An Insurance (H) Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE3.8

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

Ping An Insurance (H) has received a strong overall outlook from Smartkarma Smart Scores. With a value score of 5 and a dividend score of 5, the company is in a good position for long-term growth and stability. This is further supported by its resilience score of 3, indicating its ability to withstand potential economic challenges.

While Ping An Insurance (H) has received a growth score of 3, indicating moderate growth potential, its momentum score of 3 suggests that the company is still performing well and has potential for future growth. As a provider of a variety of insurance services in China, including property, casualty, and life insurance, Ping An Insurance (H) also offers financial services, providing a diverse portfolio for investors.

Overall, Ping An Insurance (H) has strong scores across the board, indicating a positive long-term outlook for the company. With its solid value and dividend scores, as well as its established presence in the insurance industry in China, Ping An Insurance (H) is a promising investment option for those looking for stability and potential growth in the long run.


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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