- Final dividend per share was 33.2 RMB cents, falling short of the estimated 55.7 RMB cents.
- The reported combined ratio was 98.8%, slightly higher than the estimated 98.3%.
- The net income was 32.16 billion yuan.
- Analyst recommendations included 29 buys, 4 holds, and 1 sell.
PICC Property & Casualty H on Smartkarma
Independent analysts on Smartkarma have provided insightful research on PICC Property & Casualty H. Brian Freitas reported on the HSCEI Index Rebalance, highlighting that PICC P&C will replace Longfor Properties in the Hang Seng China Enterprises Index. The estimated turnover and potential impact on trading were detailed, with a bullish sentiment suggesting a possible uptrend for PICC Property & Casualty and a covering opportunity for shorts in Longfor Properties.
In another report, Janaghan Jeyakumar, CFA, recommended a long-short trade strategy involving the high conviction ADD recommendation for PICC Property and the DEL recommendation for Longfor. This analysis anticipated outperformance by PICC Property over the next few weeks, aligning with the upcoming index changes in the HSCEI. Investors can refer to these research reports by Brian Freitas and Janaghan Jeyakumar, CFA, for valuable insights on the potential movements of PICC Property & Casualty H in the market.
A look at PICC Property & Casualty H Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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 Smartkarma Smart Scores, PICC Property & Casualty H shows a promising long-term outlook. With high scores in Dividend and Momentum, the company seems to be in a strong position to provide consistent returns to investors. Additionally, its above-average scores in Value and Growth indicate that there is potential for the company to expand and create value for shareholders over time. Although it scored slightly lower in Resilience, overall, the outlook appears positive for PICC Property & Casualty H.
PICC Property & Casualty H, a company that provides insurance services including property loss, liability, credit, and health insurances, among other products, is also involved in investment activities. With impressive scores in Dividend and Momentum, the company seems well-positioned to provide attractive returns to its investors while maintaining a focus on growth and value. Despite facing some challenges in resilience, the overall outlook for PICC Property & Casualty H appears favorable for long-term prospects.
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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