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PICC Property & Casualty Co Ltd Class H (HK:2328)
HKEX:2328
Holding HK:2328?
Track your performance easily
2328 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$8.55 - HK$11.54
Previous CloseHK$10.08
Volume12.86M
Average Volume (3M)23.27M
Market Cap
HK$224.21B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)9.1
Beta0.32
Next Earnings
Oct 29, 2024EPS EstimateN/A
Last Dividend Ex-Date
Jul 05, 2024Dividend Yield5.38%
Share Statistics
EPS (TTM)1.11
Shares OutstandingN/A
10 Day Avg. Volume20,209,060
30 Day Avg. Volume23,270,955
Standard Deviation0.08
R-Squared0.12
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)0.38
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$11.46Price Target Upside13.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
PICC Property & Casualty Co News
PremiumCompany Announcements
PICC P&C Reports Growth in Premium Income
PremiumCompany Announcements
PICC P&C Confirms New Independent Director
PremiumCompany Announcements
PICC P&C Announces Chairman’s Resignation
PremiumCompany Announcements
PICC Announces Board and Committee Restructuring
PremiumCompany Announcements
PICC Property Inks Tech Service Deal for 2024
PremiumCompany Announcements
PICC P&C Releases 2023 Financials and Actuarial Report
PremiumCompany Announcements
PICC P&C Releases 2024 Interim Financial Report
PremiumCompany Announcements
PICC Property Announces Interim DividendBulls Say, Bears Say
Bulls Say
EarningsPICC P&C presented solid 1H24 results, with a sequentially improved underwriting CoR (IFRS-based) by 1.3pct QoQ to 95.0% in 2Q24.
Investment PerformancePrudent allocation shift towards cash-related and FICC assets to approx. 64% of total portfolio, +11.8% YoY from year-start.
Premium GrowthAnalyst recommends BUY on acceleration of premium y/y growth from 3.7% y/y in 1H24 to 7% y/y in 2H24f, mid-to-high single digit in FY25F.
Bears Say
Financial PerformanceNet profit was down 17%, better than 1Q24 earnings which were down 38%.
LiabilitiesLiability lines could still be underwriting losses, and commercial property and engineering insurance's CoR might also increase due to catastrophe impact.
Profit ForecastProfit for FY24 was revised down by 5% considering the current equity market situation.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
7.66% Mutual Funds
8.66% Other Institutional Investors
83.69% Public Companies and
Individual Investors
2328 FAQ
What was PICC Property & Casualty Co Ltd Class H’s price range in the past 12 months?
PICC Property & Casualty Co Ltd Class H lowest stock price was HK$8.55 and its highest was HK$11.54 in the past 12 months.
What is PICC Property & Casualty Co Ltd Class H’s market cap?
Currently, no data Available
When is PICC Property & Casualty Co Ltd Class H’s upcoming earnings report date?
PICC Property & Casualty Co Ltd Class H’s upcoming earnings report date is Oct 29, 2024 which is in 39 days.
How were PICC Property & Casualty Co Ltd Class H’s earnings last quarter?
PICC Property & Casualty Co Ltd Class H released its earnings results on Aug 28, 2024. The company reported HK$0.914 earnings per share for the quarter, beating the consensus estimate of HK$0.846 by HK$0.067.
Is PICC Property & Casualty Co Ltd Class H overvalued?
According to Wall Street analysts PICC Property & Casualty Co Ltd Class H’s price is currently Undervalued.
Does PICC Property & Casualty Co Ltd Class H pay dividends?
PICC Property & Casualty Co Ltd Class H pays a Annually dividend of HK$0.53 which represents an annual dividend yield of 5.38%. See more information on PICC Property & Casualty Co Ltd Class H dividends here
What is PICC Property & Casualty Co Ltd Class H’s EPS estimate?
PICC Property & Casualty Co Ltd Class H’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does PICC Property & Casualty Co Ltd Class H have?
PICC Property & Casualty Co Ltd Class H has 6,899,293,500 shares outstanding.
What happened to PICC Property & Casualty Co Ltd Class H’s price movement after its last earnings report?
PICC Property & Casualty Co Ltd Class H reported an EPS of HK$0.914 in its last earnings report, beating expectations of HK$0.846. Following the earnings report the stock price went down -1.754%.
Which hedge fund is a major shareholder of PICC Property & Casualty Co Ltd Class H?
Currently, no hedge funds are holding shares in HK:2328
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PICC Property & Casualty Co Stock Smart Score
Unlock Smart Score
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Technicals
SMA
Positive
20 days / 200 days
Momentum
4.93%
12-Months-Change
Fundamentals
Return on Equity
9.76%
Trailing 12-Months
Asset Growth
6.28%
Trailing 12-Months
Company Description
PICC Property & Casualty Co Ltd Class H
PICC Property & Casualty Co. Ltd. engages in the property and casualty insurance business. It operates through the following segments: Motor Vehicle, Commercial Property, Cargo, Liability, Accidental Injury and Health, Agriculture, Credit and Surety, Others, and Corporate. The Motor Vehicle segment provides insurance products covering motor vehicles. The Commercial Property segment offers insurance products for commercial properties. The Cargo segment includes insurance products covering vessels, craft, and conveyances. The Liability segment refers to the insurance products covering policyholders' liabilities. The Accidental Injury and Health segment comprises insurance for accidental injuries and medical expenses. The Agriculture segment focuses on the insurance products covering agriculture business. The Credit and Surety segment provides insurance products covering credit and surety business. The Other segment represents insurance products related to homeowners, special risks, marine hull, construction, and credit. The Corporate segment consists of income and expenses from investment activities, share of results of associates, non-operating income and expenses, unallocated income, and expenditures. The company was founded in July 2003 and is headquartered in Beijing, China.
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2328 Stock 12 Month Forecast
Average Price Target
HK$11.46
▲(13.69% Upside)
Technical Analysis
Manulife Financial
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Prudential Financial
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Metlife
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Prudential
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PICC Property & Casualty Co
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Best Analysts Covering 2328
1 Year
1 Year Success Rate
2/3 ratings generated profit
1 Year Average Return
+1.53%
reiterated a buy rating 5 months ago
Copying Shengbo Tang's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +1.53% per trade.
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