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PICC Property and Casualty SEHK:2328 Stock Report

Last Price

HK$12.00

Market Cap

HK$266.9b

7D

0.3%

1Y

34.1%

Updated

21 Dec, 2024

Data

Company Financials +

PICC Property and Casualty Company Limited

SEHK:2328 Stock Report

Market Cap: HK$266.9b

2328 Stock Overview

Operates as a property and casualty insurance company in the People’s Republic of China. More details

2328 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health3/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

PICC Property and Casualty Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for PICC Property and Casualty
Historical stock prices
Current Share PriceHK$12.00
52 Week HighHK$14.12
52 Week LowHK$8.81
Beta0.33
1 Month Change-0.99%
3 Month Change16.28%
1 Year Change34.08%
3 Year Change87.50%
5 Year Change25.65%
Change since IPO566.67%

Recent News & Updates

Investors Continue Waiting On Sidelines For PICC Property and Casualty Company Limited (HKG:2328)

Nov 22
Investors Continue Waiting On Sidelines For PICC Property and Casualty Company Limited (HKG:2328)

Recent updates

Investors Continue Waiting On Sidelines For PICC Property and Casualty Company Limited (HKG:2328)

Nov 22
Investors Continue Waiting On Sidelines For PICC Property and Casualty Company Limited (HKG:2328)

PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To CN¥0.5359

Jul 04
PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To CN¥0.5359

PICC Property and Casualty Company Limited's (HKG:2328) Price Is Out Of Tune With Earnings

Apr 23
PICC Property and Casualty Company Limited's (HKG:2328) Price Is Out Of Tune With Earnings

Earnings Not Telling The Story For PICC Property and Casualty Company Limited (HKG:2328)

Jan 08
Earnings Not Telling The Story For PICC Property and Casualty Company Limited (HKG:2328)

Shareholder Returns

2328HK InsuranceHK Market
7D0.3%-2.1%-0.5%
1Y34.1%21.2%19.9%

Return vs Industry: 2328 exceeded the Hong Kong Insurance industry which returned 21.1% over the past year.

Return vs Market: 2328 exceeded the Hong Kong Market which returned 19.9% over the past year.

Price Volatility

Is 2328's price volatile compared to industry and market?
2328 volatility
2328 Average Weekly Movement6.1%
Insurance Industry Average Movement9.7%
Market Average Movement8.8%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market4.1%

Stable Share Price: 2328 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2328's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003162,180Ze Yuproperty.picc.com

PICC Property and Casualty Company Limited, together with its subsidiaries, operates as a property and casualty insurance company in the People’s Republic of China. It operates through Motor Vehicle, Accidental Injury and Health, Agriculture, Liability, Commercial Property, and Others segments. The company offers accidental injury and medical expenses, short-term health, homeowners, special risk, marine hull, construction, household property, cargo, credit and surety, accidental injury, and other insurance products.

PICC Property and Casualty Company Limited Fundamentals Summary

How do PICC Property and Casualty's earnings and revenue compare to its market cap?
2328 fundamental statistics
Market capHK$266.91b
Earnings (TTM)HK$24.32b
Revenue (TTM)HK$516.50b

11.0x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2328 income statement (TTM)
RevenueCN¥484.65b
Cost of RevenueCN¥449.95b
Gross ProfitCN¥34.70b
Other ExpensesCN¥11.88b
EarningsCN¥22.82b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.03
Gross Margin7.16%
Net Profit Margin4.71%
Debt/Equity Ratio20.2%

How did 2328 perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

48%

Payout Ratio

Does 2328 pay a reliable dividends?

See 2328 dividend history and benchmarks
When do you need to buy 2328 by to receive an upcoming dividend?
PICC Property and Casualty dividend dates
Ex Dividend DateOct 31 2024
Dividend Pay DateDec 27 2024
Days until Ex dividend52 days
Days until Dividend pay date5 days

Does 2328 pay a reliable dividends?

See 2328 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 06:37
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
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

PICC Property and Casualty Company Limited is covered by 55 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark William KellockBarclays
Dominic ChanBNP Paribas Securities (Asia)
Jinhua YinBOCI Research Ltd.