Earnings Alerts

China Pacific Insurance (Group) Co. (601601) Earnings: 1H Net Income Hits 25.13 Billion Yuan

  • Net Income: China Pacific reported a net income of 25.13 billion yuan for the first half of 2024.
  • Insurance Revenue: The company’s insurance revenue reached 93.08 billion yuan.
  • Earnings Per Share (EPS): The EPS for the period was 2.61 yuan.
  • Analyst Ratings: Among analysts, there were 22 buy ratings, 3 hold ratings, and no sell ratings for China Pacific.

A look at China Pacific Insurance (Group) Co., Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.2

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

China Pacific Insurance (Group) Company, Ltd. is an integrated insurance services provider that offers life and property insurance products. Their Smartkarma Smart Scores indicate a bright future for the company, with strong ratings across multiple key factors. With top scores in Dividend and Momentum, indicating robust dividend payouts and positive market momentum, investors can see potential for solid returns in the long run. Additionally, high scores in Value and Growth suggest that the company is undervalued and has promising growth prospects. Despite a slightly lower score in Resilience, China Pacific Insurance (Group) Co. appears well-positioned to navigate challenges and maintain its competitive edge in the 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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