Earnings Alerts

Earnings Insight: Ping An Insurance (H) (2318) Reports Robust 1Q Net Income Earnings

  • Ping An Insurance recorded a net income of 36.71 billion yuan in the first quarter
  • The value of the new business was reported to be 12.89 billion yuan
  • The Earnings per Share (EPS) were 2.03 yuan
  • There were 26 buy recommendations, no holds, and one sell recommendation

Ping An Insurance (H) on Smartkarma

Analyst coverage on Ping An Insurance (H) on Smartkarma reveals interesting insights. Brian Freitas, a prominent analyst, published a research report titled “Ping An A/H Premium: Blow Out Could Lead to Sharp Reversal.” The report highlights the 40% premium at which Ping An’s A-shares trade compared to H-shares due to HK-listed stocks being sold and mainland ETFs receiving inflows. Freitas suggests that this blowout in the spread could trigger a significant reversal in the near future. He points out that the AH premium for Ping An has reached its narrowest level in the last decade, indicating a potential shift in market dynamics.


A look at Ping An Insurance (H) Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE3.8

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

Based on the Smartkarma Smart Scores, Ping An Insurance (H) holds a positive long-term outlook. With top scores in both Value and Dividend factors, the company demonstrates strong fundamentals and a commitment to rewarding shareholders. Although Growth, Resilience, and Momentum scores are slightly lower, indicating room for improvement in these areas, the overall outlook for Ping An Insurance (H) remains optimistic.

Ping An Insurance (Group) Company of China Limited operates as a leading insurance provider in China, offering a range of insurance services including property, casualty, and life insurance. Additionally, the company is involved in providing financial services to its customers. With solid scores in Value and Dividend factors, Ping An Insurance (H) showcases stability and investor-friendly practices, positioning itself well for long-term success in the insurance industry.


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.
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