Ping An Insurance (H) (2318) Earnings: YTD P&C Premium Income Hits 129.3B Yuan

Ping An Insurance (H) on Smartkarma

Analysts on Smartkarma, including Brian Freitas, are closely monitoring Ping An Insurance (H) as its A-shares trade at a significant premium to the H-shares. In a recent report titled “Ping An A/H Premium: Blow Out Could Lead to Sharp Reversal,” it was highlighted that the 40% premium in the A-shares could trigger a reversal soon. The spread between the A and H shares has widened dramatically recently, raising the potential for a sharp correction in the near term. Notably, the AH premium compared to the HSAHP Index is currently at its smallest level in a decade.

According to the research by Brian Freitas, the differences in shareholdings via the Northbound and Southbound Connect for Ping An Insurance Group have been notable. The Northbound Connect shareholding for Ping An Insurance Group (601318 CH) has decreased, while the Southbound Connect shareholding for Ping An Insurance (H) (2318 HK) has been consistently rising. This shifting dynamic in share ownership, combined with the significant A-share premium, sets the stage for potential market movements in the future as analysts continue to track Ping An’s performance closely.

A look at Ping An Insurance (H) Smart Scores

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) shows a promising long-term outlook. With top scores in Value and Dividend factors, the company demonstrates strong fundamentals and a commitment to rewarding investors. Additionally, its high Momentum score suggests positive market sentiment and potential for continued growth in the future.

Ping An Insurance (H) also maintains respectable scores in Growth and Resilience factors, indicating a balanced approach to expansion while staying resilient in the face of challenges. Overall, given its solid performance across various key aspects, Ping An Insurance (H) appears well-positioned for sustained success in the insurance and financial services sector.

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.

💡 Before it’s here, it’s on Smartkarma