交银国际:维持中国太保(02601)“买入”评级 目标价32港元

智通财经
28 Mar

智通财经APP获悉,交银国际发布研报称,中国太保(02601)资产负债匹配表现优异,净资产增速好于同业,新业务价值增长强劲。维持“买入”评级和目标价32港元。集团2024年归母净利润同比增长64.9%,符合业绩预告增长区间。

集团归母营运利润同比增长2.5%,其中寿险营运利润同比增长6.1%。每股分红1.08元人民币,同比增长6%,基于OPAT的分红率为30%。寿险保费同比增长3.3%,增长主要来自个险新单。新业务价值(可比)同比增长57.7%,新口径增长20.9%,好于预期。投资收益率表现好于同业。产险综合成本率同比上升。

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