People's Insurance Co (Group) of China (1339) AI Stock Analysis

• Market Cap: HK$418.91B
• Dividend Yield: 3.15%
• Average Volume (3M): 42.92M
• Price to Earnings (P/E): 6.2
• Beta (1Y): 0.91
• Revenue Growth: 9.40%
• EPS Growth: 79.93%
• Country: HK
• Employees: 175,121
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Property & Casualty
• EPS (TTM): 0.51
• Shares Outstanding: 8,726,234,000
• 10 Day Avg. Volume: 45,486,751
• 30 Day Avg. Volume: 42,921,017
• PEG Ratio: 0.04
• Price to Book (P/B): 0.60
• Price to Sales (P/S): 0.27
• P/FCF Ratio: 1.92
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$7.94
• Price Target Upside: 15.87% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 78 Outperform
• Price Target: HK$8.50 ▲(24.09% Upside)

People's Insurance Co (Group) of China receives a strong overall score of 78, driven primarily by its robust financial performance and attractive valuation. The technical analysis supports a positive outlook, with bullish momentum and favorable price trends. While the financial health is solid, attention to liability management is advised.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for PICC's insurance products and effective market penetration, supporting long-term business expansion.

Profitability

Improved profitability reflects efficient cost management and operational performance, enhancing PICC's ability to reinvest in growth and innovation.

Cash Generation

Robust cash generation provides financial flexibility for PICC to invest in strategic initiatives, manage liabilities, and return capital to shareholders.

Negative Factors

High Total Liabilities

Elevated liabilities could strain PICC's financial resources and limit its ability to respond to economic changes or invest in growth opportunities.

Investing Cash Flow Fluctuations

Volatile investing cash flows may impact PICC's ability to consistently fund growth projects or manage its investment portfolio effectively.

Liability Management

Effective liability management is crucial for maintaining financial stability and ensuring PICC can meet its long-term obligations without compromising growth.

People's Insurance Co (Group) of China Business Overview & Revenue Model

Company Description

The People's Insurance Company (Group) of China Limited, an investment holding company, engages in the insurance business in the People's Republic of China. It operates through Non-Life Insurance, Life Insurance, Health Insurance, Asset Management, and Others segments. The company offers property and casualty insurance products, including motor vehicle, commercial property, liability, credit, accidental injury and health, cargo, agricultural, and other insurance products. It also provides life insurance products comprising general life and health insurance, participating life insurance, universal life insurance, and accident insurance; and health insurance products, such as medical, illness, nursing care, accidental injury, disability losses, and participating endowment insurance products. In addition, the company engages in asset management, insurance agent, and reinsurance business, as well as offers integrated financial products and services. The People's Insurance Company (Group) of China Limited was founded in 1949 and is based in Beijing, the People's Republic of China.

How the Company Makes Money

PICC generates revenue primarily through its insurance premiums, which are collected from policyholders in exchange for coverage against various risks. The company offers a diverse array of insurance products, including property and casualty, life, and health insurance, each contributing to its premium income. Additionally, PICC earns revenue from investment income derived from the premiums it collects, as the company invests these funds in various financial instruments such as stocks, bonds, and real estate. Other significant revenue streams include reinsurance and asset management services. PICC's extensive distribution network and partnerships with banks, financial institutions, and other businesses further enhance its reach and ability to generate income, as these collaborations facilitate the sale of insurance products to a broader customer base.

People's Insurance Co (Group) of China Financial Statement Overview

Summary

People's Insurance Co (Group) of China demonstrates strong financial health with consistent revenue and profit growth. The income statement shows increasing profitability, the balance sheet reflects reduced leverage, and cash flow indicates strong cash generation. However, high total liabilities and fluctuations in investing cash flow pose potential risks.

Income Statement

The income statement demonstrates strong profitability with an increasing net profit margin from 4.5% in 2023 to 7.8% in 2024. The revenue growth rate is also impressive at 9.4% in 2024, indicating robust growth. EBIT and EBITDA margins have improved significantly, reflecting efficient cost management and operational performance.

Balance Sheet

The balance sheet is solid with a declining debt-to-equity ratio, reaching 0.19 in 2024, which signifies reduced financial leverage. The equity ratio is stable, and ROE has improved to 15.9% in 2024, showcasing effective use of shareholders' equity. However, the high total liabilities remain a potential risk.

Cash Flow

The cash flow statement shows a healthy operating cash flow, with a strong free cash flow growth of 24.8% in 2024. The operating cash flow to net income ratio is robust at 2.05, indicating strong cash generation relative to accounting earnings. However, fluctuations in investing cash flow could pose challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	576.06B	598.79B	530.21B	475.09B	592.01B	579.07B
Gross Profit	576.06B	653.20B	577.73B	469.88B	539.73B	514.55B
EBITDA	0.00	77.48B	42.07B	52.85B	45.90B	41.75B
Net Income	46.71B	42.15B	22.32B	25.37B	21.48B	20.04B
Balance Sheet
Total Assets	1.88T	1.77T	1.56T	1.51T	1.38T	1.26T
Cash, Cash Equivalents and Short-Term Investments	737.01B	664.26B	21.87B	21.36B	21.79B	23.13B
Total Debt	41.51B	52.60B	40.26B	46.20B	47.43B	60.34B
Total Liabilities	1.49T	1.40T	1.23T	1.21T	1.08T	982.51B
Stockholders Equity	285.11B	268.73B	242.35B	221.77B	219.26B	202.48B
Cash Flow
Free Cash Flow	88.51B	83.59B	66.98B	65.08B	110.35B	59.83B
Operating Cash Flow	92.79B	87.99B	70.55B	71.65B	72.73B	31.87B
Investing Cash Flow	-98.88B	-77.60B	-70.93B	-73.28B	-81.56B	-51.37B
Financing Cash Flow	12.05B	4.86B	-11.48B	8.56B	-35.86B	21.11B

People's Insurance Co (Group) of China Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.85
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1339, the sentiment is Positive. The current price of 6.85 is above the 20-day moving average (MA) of 6.85, below the 50-day MA of 7.04, and above the 200-day MA of 5.83, indicating a neutral trend. The MACD of -0.09 indicates Negative momentum. The RSI at 50.78 is Neutral, neither overbought nor oversold. The STOCH value of 62.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1339.

People's Insurance Co (Group) of China Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1336	83 Outperform	HK$220.28B	5.25	34.37%	5.36%	49.90%	203.77%
1339	78 Outperform	HK$418.91B	6.24	17.99%	3.15%	9.40%	79.93%
2328	76 Outperform	HK$370.56B	9.01	14.60%	3.80%	6.42%	66.35%
2601	76 Outperform	HK$409.24B	6.04	18.41%	3.31%	15.08%	23.13%
0966	71 Outperform	HK$68.50B	8.38	10.74%	1.84%	23.64%	36.32%
6099	71 Outperform	HK$156.30B	11.29	9.41%	3.86%	51.04%	24.56%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

People's Insurance Co (Group) of China Corporate Events

People’s Insurance VP Under Investigation, Operations Unaffected

The People’s Insurance Company (Group) of China Limited announced that its Vice President, Mr. Yu Ze, is under investigation by the Central Commission for Discipline Inspection and the National Supervisory Commission for suspected serious violations of discipline and law. Despite the investigation, the company has stated that its management and operations remain unaffected.

PICC Focuses on Non-Auto Insurance Development at 2025 Investor Day

The People’s Insurance Company (Group) of China Limited held its 2025 Investor Open Day, emphasizing the theme of ‘Practices and Outlook for the High-Quality Development of Non-Auto Insurance.’ This event underscores the company’s strategic focus on enhancing its non-auto insurance offerings, which may impact its market positioning and stakeholder interests.

People’s Insurance Co of China Approves 2025 Interim Dividend

The People’s Insurance Company (Group) of China Limited announced the successful passing of resolutions at its 2025 second extraordinary general meeting, including the approval of the 2025 interim profit distribution. The interim dividend, amounting to RMB3.317 billion, will be distributed to shareholders in December 2025, reflecting the company’s strong financial performance and commitment to shareholder returns.

People’s Insurance Co of China Updates Interim Dividend Details

The People’s Insurance Company (Group) of China Limited announced an update to its interim cash dividend for the six months ended June 30, 2025. The dividend is set at RMB 0.075 per share, with a corresponding payment in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.09603214. The ex-dividend date is November 4, 2025, and the payment will be made on December 12, 2025. This announcement reflects the company’s commitment to returning value to its shareholders and may impact its financial positioning and investor relations positively.

People’s Insurance Co (Group) of China Reports Robust Q3 2025 Financial Growth

The People’s Insurance Company (Group) of China Limited reported significant financial growth in its third quarterly report of 2025, with a notable increase in both total operating income and net profit attributable to owners. The company’s total assets and equity have also seen substantial growth, indicating a strong financial position and positive market performance.

People’s Insurance Co. to Host Q3 2025 Results Announcement

The People’s Insurance Company (Group) of China Limited announced its plan to hold the 2025 Third Quarter Results Announcement through a text interaction session on October 31, 2025. This event will allow investors to engage with the company by submitting questions in advance, which will be addressed during the session, potentially impacting investor relations and market perceptions.

People’s Insurance Co (Group) of China Schedules Board Meeting for Q3 Results

The People’s Insurance Company (Group) of China Limited has announced a board meeting scheduled for October 30, 2025, to review and approve the unaudited third-quarter results for the period ending September 30, 2025. This meeting is significant as it will provide insights into the company’s financial performance and could impact its market positioning and stakeholder confidence.

People’s Insurance Co. Announces 2025 Second EGM

The People’s Insurance Company (Group) of China Limited has announced the scheduling of its 2025 second extraordinary general meeting (EGM) to be held on October 30, 2025. The meeting will address resolutions concerning the 2025 interim profit distribution and amendments to the authorization plan for the Board of Directors. This announcement is significant as it outlines key corporate governance actions that could impact shareholder value and company operations.

People’s Insurance Co. Announces Interim Dividend Update

The People’s Insurance Company (Group) of China Limited announced an update to its interim dividend for the six months ended 30 June 2025, declaring a dividend of RMB 0.075 per share. The update includes details on the date of shareholders’ approval, Hong Kong share register information, and withholding tax arrangements. This announcement is significant for stakeholders as it provides clarity on the financial returns and tax implications for both resident and non-resident shareholders, potentially impacting investor decisions and market perception.

People’s Insurance Co (Group) of China Announces Board and Committee Structure

The People’s Insurance Co (Group) of China has announced the composition of its board of directors and the establishment of five special committees under the board. This organizational structure aims to enhance the company’s strategic direction, risk management, and governance, potentially strengthening its position in the insurance industry and improving stakeholder confidence.

People’s Insurance Co. Appoints New Non-Executive Director

The People’s Insurance Company (Group) of China Limited has announced the appointment of Mr. Xu Xiang as a non-executive director, effective from September 29, 2025, following approval from the National Financial Regulatory Administration. This strategic appointment, which also includes Mr. Xu’s roles in the Risk Management & Consumers’ Rights and Interests Protection Committee and the Nomination and Remuneration Committee, is expected to enhance the company’s governance and oversight capabilities, potentially strengthening its market position and stakeholder confidence.