Goldman Sachs: Ping An Insurance (02318) Full-year performance in line with expectations; rating remains "Buy"

16:58 27/03/2026

The group's operating profit after tax (OPAT) in the fourth quarter of last year increased by 35% year-on-year, and the annual operating profit increased by 10% year-on-year to 134.4 billion yuan, which is in line with the bank's expectations.

Goldman Sachs released a research report stating that Ping An Insurance (02318) had overall performance for the full year of last year that roughly met expectations, with the expected stock price reaction being moderate. The group's operating profit after tax (OPAT) in the fourth quarter of last year increased by 35% year-on-year, and the full-year operating profit increased by 10% year-on-year to 134.4 billion RMB, in line with the bank's expectations. The bank rated Ping An Insurance (601318.SH) A shares and H shares as "buy" with a target price of 76 RMB for A shares and 74 HKD for H shares.

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SWANGCHAICHUAN (02321) announced its annual performance, with a net profit of 33.238 million ringgit, an increase of 18.44% year-on-year.

SUNWAY INT'L (00058) announces annual financial results, with a net loss attributable to shareholders of HK$40.208 million, a decrease of 28.36% year-on-year.