PICC P&C Rises Over 6% Following 32.3% Increase in 1H25 Net Profit

Written by Emily J. Thompson, Senior Investment Analyst

02328-1.22%

Source: aastocks

Updated: Aug 28 2025

0mins

Source: aastocks

Stock Performance: PICC P&C opened 3.46% higher and peaked at $19.81, closing at $19.34 with a 6.15% increase and a trading volume of 9.3811 million shares.
Financial Results: The company reported a net profit of RMB24.454 billion for 1H25, marking a 32.3% year-on-year increase, while insurance revenue rose by 5.6% to RMB249.04 billion.
Dividend Announcement: An interim dividend per share (DPS) of RMB24 cents was declared, up from RMB20.8 cents in the same period last year.
Market Activity: Short selling amounted to $141.40 million with a ratio of 22.971%, indicating significant market interest.

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02328

$16.19+Infinity%1D

Analyst Views on 02328

Wall Street analysts forecast 02328 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 02328 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Analyst Rating

0 Buy

0 Hold

0 Sell

Current: 16.390

Low

Averages

High

Current: 16.390

Low

Averages

High

CICC

maintain

2025-11-10

Reason

CICC

Price Target

AI Analysis

2025-11-10

maintain

Reason

The analyst rating for PICC P&C (02328.HK) was kept as "Outperform" due to several positive factors highlighted in the CICC research report. The company reported significant increases in net profits for 3Q25 and the first three quarters of 2025, which met market expectations. Additionally, the growth in net assets and the promising outlook for overseas business expansion were emphasized. CICC noted that PICC GROUP's strategic planning for serving Chinese enterprises abroad could lead to substantial contributions to incremental premiums, projecting that 30% of these premiums over the next five years will come from overseas. As a result, the broker raised its earnings per share forecasts and lifted the target price by 23%, indicating confidence in the company's future performance.

CMBI

Buy

maintain

2025-11-05

Reason

CMBI

Price Target

2025-11-05

maintain

Buy

Reason

The analyst rating for PICC P&C (02328.HK) was maintained at "Buy" by CMBI due to the company's strong third-quarter results, which showed a 91.5% year-over-year increase in net profit to RMB15.8 billion. This performance contributed to a 50.5% year-to-date increase in net profit to RMB40.3 billion, driven by improved underwriting profits and significant growth in investment income. Additionally, CMBI raised its target price from $21.6 to $23.6, reflecting a positive outlook based on the company's financial performance.

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About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.