Earnings Alerts

Earnings Analysis: China Pacific Insurance (Group) Co., (601601) Reports Slight Increase in 1Q Net Income, Despite Lower Investment Yield

  • China Pacific reported a net income of 11.76 billion yuan in their first quarter, which is a year-on-year (y/y) increase of 1.1% when compared to 11.63 billion yuan from the same period in the previous year.
  • The annualized investment yield decreased slightly y/y, standing at 1.3% compared to 1.4% y/y.
  • Earnings per Share (EPS) experienced a slight increment, at 1.22 yuan versus 1.21 yuan y/y.
  • The company generated interest from multiple parties, resulting in 21 buys, but also receiving 2 holds, and 2 sells.
  • All comparisons are based on values reported by the company’s original disclosures.

A look at China Pacific Insurance (Group) Co., Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.4

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

China Pacific Insurance (Group) Co. is positioned favorably for long-term growth and stability, based on the Smartkarma Smart Scores. With top scores in Value and Dividend metrics, the company showcases strong fundamentals in terms of value proposition and shareholder returns. Furthermore, its solid Growth and Momentum scores suggest positive potential for future expansion and market performance. Despite a slightly lower Resilience score, the overall outlook for China Pacific Insurance (Group) Co. remains promising.

China Pacific Insurance (Group) Co., Ltd. is an integrated insurance services provider, offering a range of life and property insurance products through its subsidiaries. With impressive scores across key factors like Value, Dividend, Growth, and Momentum, the company demonstrates a robust foundation and potential for growth in the insurance sector. While Resilience score is not the highest, China Pacific Insurance (Group) Co. presents a compelling investment opportunity for those seeking long-term value and income generation.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars