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The People's Insurance Company (Group) of China Limited is currently in a long term uptrend where the price is trading 5.7% above its 200 day moving average.
From a valuation standpoint, the stock is 98.7% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.2.
Its net income has increased by 11.6% to $7B since the same quarter in the previous year.
Finally, its free cash flow fell by 62.4% to $12B since the same quarter in the previous year.
Based on the above factors, The People's Insurance Company (Group) of China Limited gets an overall score of 3/5.
Exchange | HK |
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CurrencyCode | HKD |
Industry | Insurance - Property & Casualty |
Sector | Financial Services |
ISIN | CNE100001MK7 |
PE Ratio | 4.65 |
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Target Price | 4.6606 |
Dividend Yield | 5.4% |
Market Cap | 304B |
Beta | 0.43 |
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 company also provides motor vehicle, agricultural, accidental injury and health, liability, commercial property, and other insurances; life insurance products, including general, participating, and universal life; health and accident insurance products; and health insurance products, such as medical, participating endowment, illness, nursing care, accidental injury, and disability losses insurance products. In addition, it is involved in asset management and other business; insurance agent business; investment management of insurance companies; reinsurance business; internet finance; and provision of technology services. The company was founded in 1949 and is based in Beijing, the People's Republic of China.
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