Earnings Alerts

China Pacific Insurance (Group) Co., (601601) Earnings: YTD Life Premium Income Hits 63.27B Yuan

  • As of 2024, China Pacific’s Year-to-Date (YTD) life premium income has reached a staggering 63.27 billion yuan.
  • The company’s property and casualty insurance premium income for the same period is also impressive, amounting to 38.98 billion yuan.
  • Investors seem to have a positive outlook on China Pacific, with 22 buying into the company’s stocks.
  • However, there are still some who are cautious, as evidenced by the 2 holds on the company’s stocks.
  • Despite the generally positive performance, there are also 2 sells, indicating a slightly mixed investor sentiment towards China Pacific.

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

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
Momentum4
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) Co., Ltd. is a company that provides insurance services in China. It is a highly rated company, scoring a 5 out of 5 for both value and dividend, indicating a strong financial performance and potential for good returns for investors. It also scores a 4 out of 5 for growth, showing that the company has a promising future in terms of expanding its business and increasing its revenue.

However, the company scores a 3 out of 5 for resilience, suggesting that it may face some challenges in the long-term. This could be due to the competitive nature of the insurance industry and potential risks such as natural disasters. Nevertheless, China Pacific Insurance (Group) Co. still scores a respectable 4 out of 5 for momentum, indicating that it is currently performing well and has a positive outlook in the short-term.

Overall, China Pacific Insurance (Group) Co. is a strong and stable company with a positive outlook. Its high scores in value, dividend, and growth show its potential for long-term success, while its resilience and momentum scores provide a balanced view of its current and potential challenges. Investors looking for a reliable insurance company with potential for growth may want to consider China Pacific Insurance (Group) Co. as a strong option for their portfolio.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars