中国财险(2328.HK):车险与非车险发展齐头并进 资负共振驱动利润快速增长

中信建投证券
Nov 25, 2025

核心观点从前三季度看,公司坚持车险业务内涵式发展、商业非车险创新发展,公司车险与非车险业务均实现强劲的盈利增长,受益于公司深化经营管理降本提质增效,持续提升核保理赔质效,加强销售费用精细化管理,不断优化费用投入,带动公司整体承保利润同比+130.7%,而且总投资收益率在去年同期高基数下进一步改善,带动归母净利润同比+50.5%,资负两端均有亮眼表现。事件中国财险披露2025 年三季度业绩公司前...

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