Earnings Alerts

Earnings Update: Ping An Insurance (H) (2318) Reports YTD P&C Insurance Premium Income of 103.53B Yuan

  • Ping An Insurance’s year-to-date property and casualty insurance premium income is 103.53 billion yuan.
  • The year-to-date life premium income stands at 212.16 billion yuan.
  • Ping An Insurance has received 26 buys, has no holds, and 1 sell.

Ping An Insurance (H) on Smartkarma

Analysts on Smartkarma, including Brian Freitas, are closely monitoring Ping An Insurance (H) amidst a significant premium gap between its A-shares and H-shares. In his report titled “Ping An A/H Premium: Blow Out Could Lead to Sharp Reversal,” Freitas highlights the current 40% premium that A-shares hold over H-shares. This anomaly has been driven by HK-listed stocks experiencing selling pressure while mainland ETFs witness inflows. Freitas suggests that such a blow-out in the spread may indicate a forthcoming sharp reversal. Notably, the AH premium of Ping An relative to the HSAHP Index is at its narrowest in a decade.

The differing trends in shareholding via Northbound Connect for the A-shares and Southbound Connect for the H-shares further intensify the disparity. Freitas’ analysis underscores the potential implications of this premium distortion on Ping An Insurance’s market dynamics. Investors are advised to stay attuned to these developments as they could signal significant changes in the pricing dynamics of Ping An Insurance (H) in the near future.


A look at Ping An Insurance (H) Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE4.0

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

Analyzing the Smartkarma Smart Scores for Ping An Insurance (H), the company appears to have a promising long-term outlook. With top scores in Value and Dividend at 5, it indicates that the company is considered attractive in terms of value and dividend payouts. This suggests that investors may find Ping An Insurance to be a worthwhile investment option based on these factors. In addition, the company has respectable scores in Momentum at 4, indicating a positive trend in its market performance.

However, the Growth and Resilience scores for Ping An Insurance (H) are slightly lower at 3. While this may suggest moderate growth potential and resilience to economic challenges, it also indicates areas where the company may need to focus on improving to enhance its long-term prospects in a competitive market environment. Overall, with its strong emphasis on value and dividends, Ping An Insurance (H) seems to be a solid choice for investors seeking stability and potential returns in the insurance sector.

### Ping An Insurance (Group) Company of China Limited provides a variety of insurance services in China. The Company writes property, casualty, and life insurance. Ping An Insurance also offers financial services. ###


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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