2328 HKPICC Property & Casualty is a Chinese property and casualty insurance company.
The company's main business lines are structured into the following segments:
Automotive: Providing insurance products for motor vehicles.
Commercial Property: Commercial property insurance.
Cargo: Ship, craft, and shipping insurance.
Public Liability: Liability insurance for policyholders.
Accident & Health: Accident and medical expenses insurance.
Agriculture: Insurance products for agribusiness.
Credit & Guarantee: Insurance for credit and guarantee transactions.
Other: Includes products related to homeowners, special risks, marine hulls, construction, and credit.
Corporate Segment: Consolidates income and expenses from investing activities, share of results of associated companies, and non-operating income and expenses.
In its last six-month report, the company's earnings per share (EPS) was HK$1.20, 15.68% higher than the analyst estimate of HK$1.04.
The company's net profit for the last six months reached HK$26.27 billion, representing a 76.96% increase compared to HK$14.84 billion in the previous reporting period.
ROE 14.5%
P/E 10
P/B 1.3
Dividend yield 3.2%
