【兴证非银&金融科技】中国平安2024年报点评:OPAT恢复较快增长,关注银保渠道拓展带来的价值增量

丁香非银兴风向
23 Mar

投资要点业绩概览:整体符合预期。1)2024年归母净利润同比+47.8%至1266亿元,其中Q4单季度同比扭亏为盈;利润高增长主要得益于投资业绩大幅改善,保险资金总投资收益同比+66.6%,符合预期。2)追溯口径下OPAT受财险业务承保利润大幅改善带动同比+9.1%,符合预期;但寿险和健康险业务OPAT同比转负,资管业务OPAT受计提130.6亿元减值损失(同期172.5亿元)拖累亏损,低于预期。...

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