Should You Consider The People’s Insurance Company (Group) of China Limited (HKG:1339)?

The People’s Insurance Company (Group) of China Limited (HKG:1339) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of 1339, it is a company with a a strong history of performance, trading at a great value. Below, I’ve touched on some key aspects you should know on a high level. If you’re interested in understanding beyond my high-level commentary, take a look at the report on People’s Insurance Company (Group) of China here.

Good value with proven track record

Over the past year, 1339 has grown its earnings by 13%, with its most recent figure exceeding its annual average over the past five years. In addition to beating its historical values, 1339 also outperformed its industry, which delivered a growth of 7.4%. This is what investors like to see! 1339’s shares are now trading at a price below its true value based on its PE ratio of 7.2x, compared to the industry and wider stock market ratio, so potential investors can purchase the stock below its value.

SEHK:1339 Income Statement Export October 29th 18
SEHK:1339 Income Statement Export October 29th 18

Next Steps:

For People’s Insurance Company (Group) of China, I’ve put together three essential aspects you should further examine:

  1. Future Outlook: What are well-informed industry analysts predicting for 1339’s future growth? Take a look at our free research report of analyst consensus for 1339’s outlook.
  2. Financial Health: Are 1339’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 1339? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.