Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
China Pacific Insurance (Group) Co Ltd Class H (HK:2601)
HKEX:2601
Holding HK:2601?
Track your performance easily
2601 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$12.72 - HK$23.30
Previous CloseHK$20.35
Volume7.03M
Average Volume (3M)11.74M
Market Cap
HK$285.59B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)5.3
Beta1.18
Next Earnings
Oct 25, 2024EPS EstimateN/A
Last Dividend Ex-Date
Jun 12, 2024Dividend Yield5.49%
Share Statistics
EPS (TTM)3.83
Shares Outstanding9,620,341,455
10 Day Avg. Volume11,433,703
30 Day Avg. Volume11,738,630
Standard Deviation0.11
R-Squared0.55
Alpha0.00815
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
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$25.41Price Target Upside24.89% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
China Pacific Insurance (Group) Co News
PremiumCompany Announcements
China Pacific Insurance Records Premium Growth
PremiumCompany Announcements
China Pacific Insurance Engages Investors Online
PremiumCompany Announcements
CPIC Reports Strong Growth and Customer Focus in H1 2024
PremiumCompany Announcements
China Pacific Insurance Director Resigns
PremiumCompany Announcements
China Pacific Insurance Announces Interim Results
PremiumCompany Announcements
China Pacific Insurance Announces Solvency UpdatePremiumCompany Announcements
China Pacific Insurance Announces Regulatory UpdatePremiumCompany Announcements
China Pacific Insurance Releases Solvency ReportBulls Say, Bears Say
Bulls Say
EarningsThe Group’s net profit to S/H grew by +1.1% YoY to RMB 11.8bn, surpassing peers being the first among listed CN insurers to realize positive net profit growth.
Financial PerformanceVNB growth accelerated by +30.7% YoY in 1Q24, outpacing peers i.e. China Life / Ping An +26.3%/+20.7% YoY in the corresponding period.
Market ReactionThe share price will likely react positively to the resilient bottom line against a relatively strong quarter from last year.
Bears Say
Investment PerformanceInvestment yields remain under pressure, showing minimal growth.
Regulatory OversightBancassurance is still facing significant impacts due to tightened oversight.
SolvencyLife core solvency dropped significantly, reflecting increased financial risk.
---
Options Prices
Currently, No data available
---
Ownership Overview
0.00%
Insiders
8.03% Mutual Funds
6.29% Other Institutional Investors
85.68% Public Companies and
Individual Investors
2601 FAQ
What was China Pacific Insurance (Group) Co Ltd Class H’s price range in the past 12 months?
China Pacific Insurance (Group) Co Ltd Class H lowest stock price was HK$12.72 and its highest was HK$23.30 in the past 12 months.
What is China Pacific Insurance (Group) Co Ltd Class H’s market cap?
Currently, no data Available
When is China Pacific Insurance (Group) Co Ltd Class H’s upcoming earnings report date?
China Pacific Insurance (Group) Co Ltd Class H’s upcoming earnings report date is Oct 25, 2024 which is in 35 days.
How were China Pacific Insurance (Group) Co Ltd Class H’s earnings last quarter?
China Pacific Insurance (Group) Co Ltd Class H released its earnings results on Aug 29, 2024. The company reported HK$2.879 earnings per share for the quarter, beating the consensus estimate of HK$1.088 by HK$1.791.
Is China Pacific Insurance (Group) Co Ltd Class H overvalued?
According to Wall Street analysts China Pacific Insurance (Group) Co Ltd Class H’s price is currently Undervalued.
Does China Pacific Insurance (Group) Co Ltd Class H pay dividends?
China Pacific Insurance (Group) Co Ltd Class H pays a Annually dividend of HK$1.1 which represents an annual dividend yield of 5.49%. See more information on China Pacific Insurance (Group) Co Ltd Class H dividends here
What is China Pacific Insurance (Group) Co Ltd Class H’s EPS estimate?
China Pacific Insurance (Group) Co Ltd Class H’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does China Pacific Insurance (Group) Co Ltd Class H have?
China Pacific Insurance (Group) Co Ltd Class H has 2,775,300,000 shares outstanding.
What happened to China Pacific Insurance (Group) Co Ltd Class H’s price movement after its last earnings report?
China Pacific Insurance (Group) Co Ltd Class H reported an EPS of HK$2.879 in its last earnings report, beating expectations of HK$1.088. Following the earnings report the stock price went down -2.236%.
Which hedge fund is a major shareholder of China Pacific Insurance (Group) Co Ltd Class H?
Currently, no hedge funds are holding shares in HK:2601
---
China Pacific Insurance (Group) Co Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.28%
12-Months-Change
Fundamentals
Return on Equity
13.43%
Trailing 12-Months
Asset Growth
15.89%
Trailing 12-Months
Company Description
China Pacific Insurance (Group) Co Ltd Class H
China Pacific Insurance (Group) Co. Ltd. engages in the insurance business. It operates through the following segments: Life Insurance, Property and Casualty Insurance, and Other Businesses. The Life Insurance segment offers RMB Life insurance. The Property and Casualty insurance segment provides RMB and foreign-currency property and casualty insurance. The Other business segment handles management services and usage of fund services. The company was founded on May 13, 1991 and is headquartered in Shanghai, China.
---
2601 Stock 12 Month Forecast
Average Price Target
HK$25.41
▲(24.89% Upside)
Technical Analysis
China Pacific Insurance (Group) Co
―
AFLAC
―
Prudential Financial
―
American International Group
―
Best Analysts Covering 2601
1 Year
1 Year Success Rate
4/5 ratings generated profit
1 Year Average Return
+19.22%
reiterated a buy rating 4 months ago
Copying Shengbo Tang's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +19.22% per trade.
---