- Ping An Insurance reported a nine-month net income of 119.18 billion yuan.
- This represents a 36% increase in net income year-over-year, compared to 87.58 billion yuan in the previous year.
- The company’s operating profit reached 113.82 billion yuan.
- The value of new business for the period amounted to 35.16 billion yuan.
- Analyst recommendations on Ping An Insurance include 25 buys and 1 hold, with no sell recommendations.
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A look at Ping An Insurance (H) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
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
Analysts using Smartkarma Smart Scores have given Ping An Insurance (H) an optimistic long-term outlook. With top scores in both Value and Dividend categories, the company is seen as a strong player in the insurance sector. This indicates that Ping An Insurance (H) may offer attractive investment opportunities for those seeking stable returns and solid dividend payments.
Although the company scored lower in Growth and Resilience categories, the high Momentum score suggests that Ping An Insurance (H) is currently experiencing positive momentum in the market. Investors may find this encouraging, as it could indicate potential for continued growth in the company’s stock value. Overall, based on the Smartkarma Smart Scores, Ping An Insurance (H) appears to have a promising outlook for the future, backed by its strong value, dividend, and momentum performance.
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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