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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 | 6.04 |
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Target Price | 6.8534 |
Dividend Yield | 3.0% |
Market Cap | 357B |
Beta | 0.58 |
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. It operates through Property and Casualty Insurance, Life Insurance, Health Insurance, Asset Management, and Headquarters and Other segments. The company also provides motor vehicle, agricultural, accidental injury and health, liability, corporate 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, sickness, nursing, accidental injury, and disability income loss insurance products. In addition, it is involved in asset management and other business; reinsurance business; internet banking; and provision of research and development, transportation, and technology services. The company was founded in 1949 and is based in Beijing, the People's Republic of China.
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