company background image
601319 logo

People's Insurance Company (Group) of China SHSE:601319 Stock Report

Last Price

CN¥7.32

Market Cap

CN¥292.8b

7D

-2.0%

1Y

54.4%

Updated

20 Dec, 2024

Data

Company Financials +

The People's Insurance Company (Group) of China Limited

SHSE:601319 Stock Report

Market Cap: CN¥292.8b

601319 Stock Overview

An investment holding company, provides insurance products and services in the People’s Republic of China and Hong Kong. More details

601319 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

The People's Insurance Company (Group) of China Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for People's Insurance Company (Group) of China
Historical stock prices
Current Share PriceHK$7.32
52 Week HighHK$8.18
52 Week LowHK$4.52
Beta0.47
1 Month Change0%
3 Month Change20.99%
1 Year Change54.43%
3 Year Change55.74%
5 Year Change-1.48%
Change since IPO52.18%

Recent News & Updates

Recent updates

Shareholder Returns

601319CN InsuranceCN Market
7D-2.0%-3.7%-3.5%
1Y54.4%31.7%10.9%

Return vs Industry: 601319 exceeded the CN Insurance industry which returned 31.7% over the past year.

Return vs Market: 601319 exceeded the CN Market which returned 10.9% over the past year.

Price Volatility

Is 601319's price volatile compared to industry and market?
601319 volatility
601319 Average Weekly Movement6.6%
Insurance Industry Average Movement4.8%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 601319 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 601319's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1949175,881Peng Zhaowww.picc.com

The People's Insurance Company (Group) of China Limited, an investment holding company, provides insurance products and services in the People’s Republic of China and Hong Kong. The company operates through Non-Life Insurance, Life Insurance, Health Insurance, Asset Management, and Others segments. It offers property and casualty and life and health insurance.

The People's Insurance Company (Group) of China Limited Fundamentals Summary

How do People's Insurance Company (Group) of China's earnings and revenue compare to its market cap?
601319 fundamental statistics
Market capCN¥292.81b
Earnings (TTM)CN¥38.15b
Revenue (TTM)CN¥565.30b

4.1x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601319 income statement (TTM)
RevenueCN¥565.31b
Cost of RevenueCN¥490.20b
Gross ProfitCN¥75.11b
Other ExpensesCN¥36.96b
EarningsCN¥38.15b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.86
Gross Margin13.29%
Net Profit Margin6.75%
Debt/Equity Ratio40.0%

How did 601319 perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

25%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 11:29
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The People's Insurance Company (Group) of China Limited is covered by 32 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Noel ChanBarclays
Michael LiBofA Global Research
Qingqing MaoChina International Capital Corporation Limited