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2328

2328.HK

PICC Property and Casualty Company Limited

$16.22
1.19
 (7.92%)
Exchange:  HKSE
Market Cap:  360.778B
Shares Outstanding:  22.242B
Delayed data
Calculate 2328.HK Intrinsic Value
5-year outlook →
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Financial Services
Industry:  Insurance – Property & Casualty
   
CEO:  Daoming Zhang
Full Time Employees:  165656
Address: 
Tower 2
Beijing
BE
100022
CN
Website:  https://property.picc.com
PICC Property and Casualty Company Limited, alongside its affiliated companies, provides a comprehensive range of property and casualty insurance services across the People’s Republic of China. The firm segments its operations into categories such as Motor Vehicle, Commercial Property, Cargo, Liability, Accidental Injury and Health, Agriculture, Credit and Surety, and other business lines. Its product portfolio includes policies for accidental injury and medical expenses, short-term health, homeowners, specialized risks, marine hull, and construction, among others. Beyond direct insurance, the company also delivers services encompassing reinsurance, investment management and fund deployment, agency for insurance and claims, training, information technology and business support, and property administration. Founded in 2003 and based in Beijing, China, PICC Property and Casualty Company Limited is an integral subsidiary of The People’s Insurance Company (Group) of China Limited.

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Revenue Segmentation

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EPS

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Earnings Call

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue440,219,000481,438,000511,792,000
Gross Profit537,382,000481,438,000563,162,000
EBITDA32,936,00043,009,00051,132,475
Operating Income474,115,00038,015,00046,466,445
Net Income24,585,00032,173,00039,325,180

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets703,623,000778,244,000860,866,142
Total Liabilities469,319,000517,622,000572,039,628
Total Stockholders Equity231,420,000257,924,000286,096,347
Total Debt9,681,00021,734,00079,014,790
Cash and Cash Equivalents12,280,0008,557,00029,310,534

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(* All numbers are in thousands)

Cash Flow Statement

Year202320242025
Operating Cash Flow20,542,00036,464,00060,643,772
Capital Expenditure-2,734,000-3,182,000-3,352,917
Free Cash Flow17,808,00033,282,00057,290,854
Net Income28,035,00038,015,00039,325,180
Net Change in Cash-4,762,0002,875,0006,373,351

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2028Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (Low)592,777,237.756Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (High)647,680,861.259Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (Avg)621,611,242.449Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (Low)51,327,102.423Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (High)56,081,070.233Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (Avg)53,823,766.967Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (Low)35,889,146.184Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (High)61,159,151.502Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (Avg)39,954,621.365Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (Low)21,797,402.523Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (High)23,816,299.851Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (Avg)22,857,676.715Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (Avg)2.250Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (High)2.750Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (Low)1.610Research AccessResearch AccessResearch AccessResearch Access
Number of Analysts (Estimated Revenue)10Research AccessResearch AccessResearch AccessResearch Access
Number of Analysts (Estimated EPS)12Research AccessResearch AccessResearch AccessResearch Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
  ?P/S
 (TTM)
: 
0.55
?Net Income
 (TTM)
: 
  ?P/E
 (TTM)
: 
7.21
?Enterprise Value
 (TTM)
: 
338.262B  ?EV/FCF
 (TTM)
: 
7.04
?Dividend Yield
 (TTM)
: 
5.11%  ?Payout Ratio
 (TTM)
: 
31.2%
?ROE
 (TTM)
: 
14.21%  ?ROIC
 (TTM)
: 
53.04%
?Net Debt
 (TTM)
: 
  ?Debt/Equity
 (TTM)
: 
0.28
?P/B
 (TTM)
: 
1.01  ?Current Ratio
 (TTM)
: 
0.16

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Research Access for high/low estimates and the interactive table.

Forward P/E 1YResearch AccessResearch AccessResearch AccessResearch Access
57.52Research AccessResearch AccessResearch AccessResearch Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.

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Common questions about 2328.HK valuation

Is PICC Property and Casualty Company Limited (2328.HK) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for PICC Property and Casualty Company Limited (2328.HK) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is 2328.HK a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether 2328.HK trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is 2328.HK’s P/E ratio?

You can see 2328.HK’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for 2328.HK?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is 2328.HK a good long-term investment?

Whether 2328.HK fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

2328.HK

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

7.92
MARKETSnap

Trading Metrics:

Open: 14.48   Previous Close: 15.03
Day Low: 14.48   Day High: 16.34
Year Low: 13.65   Year High: 19.81
Price Avg 50: 14.73   Price Avg 200: 16
Volume: 71.257M   Average Volume: 40.109M

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