- PICC Group reported property and casualty insurance premium income of 538.06 billion yuan year-to-date (YTD) as of December.
- The company’s YTD life premium income amounted to 106.00 billion yuan.
- Investment analysts have shown interest in PICC Group with 13 buy ratings, 5 hold ratings, and no sell ratings.
A look at People’s Insurance (PICC) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.4 |
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
Based on the Smartkarma Smart Scores, People’s Insurance (PICC) is positioned for a bright future. With top scores in Value and Dividend, the company displays strong financial health and a commitment to rewarding its investors. Additionally, scoring well in Growth and Momentum, PICC shows potential for long-term expansion and market performance. Although Resilience scores slightly lower, the overall outlook remains positive for this insurance provider.
The People’s Insurance Company (Group) of China Limited, with its offerings in property and casualty insurance products and asset management services, is set to capitalize on its high Smart Scores. Investors looking for a company with solid value, growth potential, and strong momentum may find People’s Insurance (PICC) to be a promising choice for long-term investment.
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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