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分析人士估計眾安在線(06060.HK)2022年同比同口徑下虧損約3億元,市場回暖或改善2023年業績
格隆匯 02-17 19:57

2月17日,眾安在線(06060.HK)發佈公吿稱,預計2022年歸屬於母公司股東的淨虧損區間為13到15億元之間。若不考慮使用新的會計準則,在2021年財務報吿同口徑下估算,分析人士估計,公司2022年調整後的歸母淨虧損在3億元左右。

眾安保險公吿稱,受益於堅持“有質量地增長”的策略以及科技驅動的降本增效,公司2022年承保業務的綜合成本率預計較上年度進一步改善。由於眾安保險自2022年1月1日起採用香港財務報吿準則第9號“金融工具”(新準則)替代香港會計準則第39號“金融工具:確認和計量”(舊準則),導致合併利潤表中對投資收益的確認減少約人民幣10到12億元。

數據顯示,眾安保險在2022年保費收入236.48億元,同比增長16.1%,高於8.7%的財險行業平均保費收入增速。不過,2022年資本市場整體震盪下行,上證指數全年下跌15.1%,滬深300全年下跌21.6%,深證成指全年下跌25.9%。投資收益下滑是公司虧損的主要原因。

此外,公司於2020年合計發行了10億美元面值的境外債券。2022年全年,美元兑人民幣累計升值9.08%,市場估算 ,美元債券產生相應的賬面匯兑損失給公司造成虧損約為人民幣6億元。

2023年初至今,隨着美聯儲加息節奏放緩以及中國經濟的進一步回暖,人民幣兑美元走強。市場預計,在當前趨勢下,美元債券今年將會為公司帶來賬面匯兑收益。

中信建投發佈研報,認為短期投資與匯兑損益擾動不改眾安在線長期發展向好。展望2023年,資本市場經過此前調整後向上空間較大,美聯儲加息趨緩和國內經濟復甦下美元匯率趨穩,預計投資端和匯兑損失對公司拖累減少,而疫情後的需求復甦和公司綜合成本率的改善均有望帶動業績修復。眾安在線已體現出長期投資價值。

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