Projected Income Statement: PICC Property and Casualty Company Limited

Forecast Balance Sheet: PICC Property and Casualty Company Limited

Forecast Balance Sheet - PICC Property and Casualty Company Limited
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -9,356 -13,153 -8,161 1,063 -11,197 10,778 11,576 12,141
Change - -40.58% 37.95% 113.03% -1,153.34% 196.26% 7.4% 4.88%
Announcement Date 25/3/22 24/3/23 26/3/24 27/3/25 26/3/26 - - -
1CNY in Million
Estimates

Cash Flow Forecast: PICC Property and Casualty Company Limited

Fiscal Period: December 2020 2021 2022 2023 2024 2025
CAPEX 1 9,780 2,417 5,563 2,734 3,182 3,442
Change - -75.29% 130.16% -50.85% 16.39% 8.17%
Free Cash Flow (FCF) 1 18,232 24,766 15,642 -118,802 41,606 -303
Change - 35.84% -36.84% -859.5% 135.02% -100.73%
Announcement Date 23/3/21 25/3/22 24/3/23 26/3/24 27/3/25 26/3/26
1CNY in Million
Estimates

Forecast Financial Ratios: PICC Property and Casualty Company Limited

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) - - - - - - - -
EBIT Margin (%) 6.94% 7.5% - 7.29% 9.51% - - -
EBT Margin (%) 6.56% 7.27% - 7.07% 9.32% 9.06% 9.26% 9.45%
Net margin (%) 5.63% 6.28% - 5.98% 7.89% 7.53% 7.71% 8.05%
FCF margin (%) - - - - - - - -
FCF / Net Income (%) - - - - - - - -

Profitability

        
ROA 3.36% 3.72% 3.57% 4.34% 4.93% 4.52% 4.48% 4.61%
ROE 11.45% 12.94% 10.92% 13.15% 14.84% 13.8% 13.61% 13.73%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) - 1.31% - - - - - -
CAPEX / EBITDA (%) - - - - - - - -
CAPEX / FCF (%) - - - - - - - -

Items per share

        
Cash flow per share 1 0.7345 1.92 - - - - - -
Change - 161.43% - - - - - -
Dividend per Share 1 0.461 0.478 0.489 0.54 0.68 0.7156 0.7518 0.8192
Change - 3.69% 2.3% 10.43% 25.93% 5.23% 5.06% 8.97%
Book Value Per Share 1 9.122 9.435 10.4 11.6 12.86 13.9 14.63 15.61
Change - 3.43% 10.28% 11.45% 10.88% 8.1% 5.29% 6.65%
EPS 1 1.005 1.201 1.105 1.446 1.815 1.867 1.961 2.15
Change - 19.5% -7.99% 30.86% 25.52% 2.88% 5.02% 9.62%
Nbr of stocks (in thousands) 22,242,765 22,242,765 22,242,765 22,242,765 22,242,765 22,242,765 22,242,765 22,242,765
Announcement Date 25/3/22 24/3/23 26/3/24 27/3/25 26/3/26 - - -
1CNY
Estimates
2026 *2027 *
P/E 7.4x 7.04x
PBR 0.99x 0.94x
EV / Sales 0.59x 0.57x
Yield 5.18% 5.44%

EPS & Dividend

EPS & Dividend - PICC Property and Casualty Company Limited


Y-o-Y evolution of P/E

Valuation ratios - P/E - PICC Property and Casualty Company Limited
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - PICC Property and Casualty Company Limited
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
AAA
MarketScreener Ratings - PICC Property and Casualty Company Limited
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
18
Last Close Price
13.81CNY
Average target price
16.56CNY
Spread / Average Target
+19.91%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - PICC Property and Casualty Company Limited
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