Earnings Alerts

Ping An Insurance (H) (2318) Earnings: YTD Life Premium Income Hits 421.72B Yuan

By October 14, 2024 No Comments
  • Ping An Insurance’s year-to-date (YTD) life premium income is 421.72 billion yuan.
  • The company’s YTD property and casualty insurance premium income totals 239.37 billion yuan.
  • Investment analysts have made 25 buy recommendations for Ping An Insurance shares.
  • There is 1 hold recommendation and 0 sell recommendations for the company’s shares.
  • A conference call was mentioned, but further details are not provided.

A look at Ping An Insurance (H) Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience2
Momentum5
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

Based on the Smartkarma Smart Scores, Ping An Insurance (H) is positioned for a promising long-term outlook. With high scores in Value and Dividend, the company demonstrates strong fundamentals in terms of its financial standing and payout to investors. This indicates stability and attractiveness for those seeking reliable returns. Additionally, the Momentum score suggests that Ping An Insurance (H) is gaining traction and positive attention in the market, potentially signaling future growth opportunities.

Although the Growth and Resilience scores are not as high, indicating some areas for improvement in expansion and risk management, the overall outlook remains positive for Ping An Insurance (H). As a leading insurance provider in China offering a wide range of services including property, casualty, life insurance, and financial services, the company’s solid foundation and strategic positioning bode well for its future performance and value creation for investors.


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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