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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$8.60 - HK$14.12
Previous CloseHK$12.06
Volume16.61M
Average Volume (3M)28.63M
Market Cap
HK$268.25B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)10.9
Beta0.47
Next Earnings
Mar 21, 2025EPS Estimate
HK$0.71Last Dividend Ex-Date
Oct 31, 2024Dividend Yield6.4%
Share Statistics
EPS (TTM)1.11
Shares OutstandingN/A
10 Day Avg. Volume26,894,702
30 Day Avg. Volume28,631,117
Standard Deviation0.08
R-Squared0.14
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$12.60Price Target Upside4.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
PICC Property & Casualty Co News
PremiumCompany Announcements
PICC Property & Casualty: Strong Performance and Strategic FocusPremiumCompany Announcements
PICC Property & Casualty Announces Interim Dividend Details
PremiumCompany Announcements
PICC Approves Dividends and Elects New Director
PremiumCompany Announcements
PICC Property & Casualty Co. Reports Strong 2024 Financial Growth
PremiumCompany Announcements
PICC Property & Casualty Schedules Board Meeting for Q3 ResultsPremiumCompany Announcements
PICC Property & Casualty Co Projects Profitable Growth
PremiumCompany Announcements
PICC Reports Growth in Insurance Premium Income
PremiumCompany Announcements
PICC Announces Interim Dividend and Tax DetailsBulls Say, Bears Say
Bulls Say
EarningsAnalyst recommends BUY on acceleration of premium year-on-year growth from 3.7% in the first half to 7% in the second half of the year, with expectations of mid-to-high single-digit growth in the following year.
Financial PerformanceUnderwriting profit turned to RMB 6.65 billion, marking a 37.2% year-on-year increase, driven by improved cost control.
Investment StrategyPrudent shift towards cash-related and fixed income assets resulted in these holdings increasing to approximately 64% of the total portfolio, enhancing financial stability.
Bears Say
Earnings DeclineNet profit was down 17%, better than 1Q24 earnings which were down 38%.
Profit RevisionProfit for FY24 was revised down by 5% considering the current equity market situation.
Underwriting LossesLiability lines could still be underwriting losses, and commercial property and engineering insurance's CoR might also increase due to catastrophe impact.
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Options Prices
Currently, No data available
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Ownership Overview
―
Insiders
6.84% Mutual Funds
― Other Institutional Investors
83.80% 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$8.60 and its highest was HK$14.12 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 Mar 21, 2025 which is in 136 days.
How were PICC Property & Casualty Co Ltd Class H’s earnings last quarter?
Currently, no data Available
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$0.23 which represents an annual dividend yield of 6.4%. 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 is HK$0.71.
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?
Currently, no data Available
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
32.76%
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$12.60
▲(4.45% Upside)
Technical Analysis
Best Analysts Covering 2328
1 Year
1 Year Success Rate
6/6 ratings generated profit
1 Year Average Return
+23.57%
reiterated a buy rating 15 hours ago
Copying Sam Wong's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +23.57% per trade.
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