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《大行報告》美銀證券升眾安在線(06060.HK)評級至「買入」保費收入增長強勁
阿思達克 08-27 14:50
美銀證券發表報告表示,眾安在線(06060.HK)今年上半年淨利7.55億元人民幣(下同),按年升54%,好過預期,期內整體收入約98億元,按年升14%,主要受惠淨保費及投資收益,期內總保費按年升45%至98億元,主要受惠健康險增長29%,而消費者金融保險亦升192%,綜合比率有改善,而整體投資回報亦由5.3%改善至6.8%,雖然消費金融保險反彈或存在潛在風險,但該行相信整體仍穩健。 該行表示,將眾安在線的投資評級,由「中性」升至「買入」,並將公司2021至2023年盈利預測升14-23%,以反映綜合比率估算調整,維持目標價54.1港元不變。 美銀證券認,為健康險總保費組合轉變反映眾安增長的質素及可持續性有改善,今年上半年健康險比例維持穩定在40%,雖然相關分部受行業保險增長減慢影響,不過增長步伐仍然穩定,虧損比率及渠道費用在上半年亦有所下降,帶動利潤表現改善。(el/w) ~
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