There's No Escaping China Pacific Insurance (Group) Co., Ltd.'s (SHSE:601601) Muted Earnings Despite A 25% Share Price Rise
May 13
Chinese (SSE) Insurance Industry Analysis
UpdatedJun 03, 2024
DataAggregated Company Financials
Companies4
- 7D-1.8%
- 3M4.4%
- 1Y-9.9%
- YTD10.8%
Over the last 7 days, the Insurance industry has dropped 2.6%, driven by pullbacks from every company within the industry. The industry has fallen 5.8% in the last year. As for the next few years, earnings are expected to grow by 12% per annum.
Industry Valuation and Performance
Has the Chinese Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 03 Jun 2024 | CN¥1.1t | CN¥1.3t | CN¥117.4b | 10.1x | 9.2x | 0.9x |
| Wed, 01 May 2024 | CN¥1.0t | CN¥1.3t | CN¥117.5b | 9.1x | 8.5x | 0.8x |
| Fri, 29 Mar 2024 | CN¥939.3b | CN¥1.5t | CN¥111.3b | 10.8x | 8.4x | 0.6x |
| Sun, 25 Feb 2024 | CN¥1.1t | CN¥1.9t | CN¥103.6b | 13x | 10.1x | 0.5x |
| Tue, 23 Jan 2024 | CN¥948.9b | CN¥1.9t | CN¥103.7b | 11.3x | 9.2x | 0.5x |
| Thu, 21 Dec 2023 | CN¥281.3b | CN¥703.3b | CN¥25.1b | 11.6x | 11.2x | 0.4x |
| Sat, 18 Nov 2023 | CN¥309.0b | CN¥703.3b | CN¥25.1b | 12.5x | 12.3x | 0.4x |
| Mon, 16 Oct 2023 | CN¥371.4b | CN¥721.2b | CN¥33.5b | 11.6x | 11.1x | 0.5x |
| Wed, 13 Sep 2023 | CN¥365.6b | CN¥721.1b | CN¥33.5b | 11.6x | 10.9x | 0.5x |
| Fri, 11 Aug 2023 | CN¥385.2b | CN¥730.1b | CN¥40.9b | 11.1x | 9.4x | 0.5x |
| Sun, 09 Jul 2023 | CN¥358.2b | CN¥730.1b | CN¥40.9b | 10.7x | 8.8x | 0.5x |
| Tue, 06 Jun 2023 | CN¥358.5b | CN¥730.1b | CN¥40.9b | 10.9x | 8.8x | 0.5x |
| Thu, 04 May 2023 | CN¥390.0b | CN¥730.1b | CN¥40.9b | 11.4x | 9.5x | 0.5x |
| Sat, 01 Apr 2023 | CN¥326.1b | CN¥709.1b | CN¥34.9b | 10.9x | 9.4x | 0.5x |
| Mon, 27 Feb 2023 | CN¥343.4b | CN¥702.0b | CN¥33.0b | 11.7x | 10.4x | 0.5x |
| Wed, 25 Jan 2023 | CN¥338.5b | CN¥702.0b | CN¥33.0b | 12.1x | 10.2x | 0.5x |
| Fri, 23 Dec 2022 | CN¥299.1b | CN¥702.0b | CN¥33.0b | 11.3x | 9.1x | 0.4x |
| Sun, 20 Nov 2022 | CN¥286.5b | CN¥702.0b | CN¥33.0b | 10.9x | 8.7x | 0.4x |
| Tue, 18 Oct 2022 | CN¥266.5b | CN¥705.1b | CN¥32.8b | 10.3x | 8.1x | 0.4x |
| Thu, 15 Sep 2022 | CN¥279.6b | CN¥705.1b | CN¥32.8b | 10.5x | 8.5x | 0.4x |
| Sat, 13 Aug 2022 | CN¥271.2b | CN¥699.2b | CN¥34.2b | 10.2x | 7.9x | 0.4x |
| Mon, 11 Jul 2022 | CN¥301.3b | CN¥699.2b | CN¥34.2b | 10.7x | 8.8x | 0.4x |
| Wed, 08 Jun 2022 | CN¥284.7b | CN¥699.2b | CN¥34.2b | 10.3x | 8.3x | 0.4x |
| Fri, 06 May 2022 | CN¥274.4b | CN¥686.9b | CN¥34.1b | 17x | 8.1x | 0.4x |
| Sun, 03 Apr 2022 | CN¥311.9b | CN¥698.6b | CN¥42.1b | 26.6x | 7.4x | 0.4x |
| Tue, 01 Mar 2022 | CN¥343.8b | CN¥687.9b | CN¥43.1b | 27x | 8x | 0.5x |
| Thu, 27 Jan 2022 | CN¥356.7b | CN¥687.9b | CN¥43.1b | 26.9x | 8.3x | 0.5x |
| Sat, 25 Dec 2021 | CN¥349.0b | CN¥687.9b | CN¥43.1b | 27.2x | 8.1x | 0.5x |
| Mon, 22 Nov 2021 | CN¥364.8b | CN¥687.9b | CN¥43.1b | 26.9x | 8.5x | 0.5x |
| Wed, 20 Oct 2021 | CN¥390.6b | CN¥711.7b | CN¥63.1b | 9.1x | 6.2x | 0.5x |
| Fri, 17 Sep 2021 | CN¥369.9b | CN¥707.4b | CN¥62.4b | 8.8x | 5.9x | 0.5x |
| Sun, 15 Aug 2021 | CN¥361.1b | CN¥707.4b | CN¥62.4b | 7.5x | 5.8x | 0.5x |
| Thu, 10 Jun 2021 | CN¥452.4b | CN¥683.8b | CN¥41.1b | 12.2x | 11x | 0.7x |
Price to Earnings Ratio
11x
Current Industry PE
- Investors are relatively neutral on the Chinese Insurance industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 8.8x.
- The industry is trading close to its 3-year average PS ratio of 0.49x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have grown 42% per year over the last three years.
- Revenues for these companies have grown 23% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Chinese Financials industry?
| CN Market | -0.39% | |
| Financials | -0.72% | |
| Insurance | -1.77% | |
| Insurance Brokers | 0% | |
| Property and Casualty Insurance | 0% | |
| Reinsurance | 0% | |
| General Insurance | -0.45% | |
| Life and Health Insurance | -2.16% | |
Industry PE
- Investors are most optimistic about the Life and Health Insurance industry, which is trading close to its 3-year average PE ratio of 9.1x.
- Analysts are expecting annual earnings growth of 13.9%, which is higher than its past year's earnings decline of 52.6% per year.
- Investors are most pessimistic about the General Insurance industry, which is trading close to its 3-year average of 9.3x.
Forecasted Growth
- Analysts are most optimistic on the Life and Health Insurance industry, expecting annual earnings growth of 14% over the next 5 years.
- This is better than its past earnings decline of 53% per year.
- In contrast, the General Insurance industry is expected to see its earnings grow by 7.9% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||