Hong Kong (HSI) General Insurance Industry Analysis
UpdatedApr 28, 2024
DataAggregated Company Financials
Companies2
- 7D14.8%
- 3M-3.2%
- 1Y-42.2%
- YTDn/a
Over the last 7 days, the General Insurance industry has risen 15%, driven by gains from every company within the industry. In the past year, the industry is down 42%. In the next few years, earnings are forecast to decline by 30% annually.
Industry Valuation and Performance
Has the Hong Kong General Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 28 Apr 2024 | HK$22.5b | HK$34.5b | HK$4.8b | 6.8x | 4.7x | 0.7x |
| Tue, 26 Mar 2024 | HK$20.5b | HK$30.6b | -HK$91,519,443.79 | 6.7x | -224.1x | 0.7x |
| Thu, 22 Feb 2024 | HK$22.2b | HK$30.7b | -HK$93,157,198.18 | 6.9x | -238.5x | 0.7x |
| Sat, 20 Jan 2024 | HK$24.0b | HK$31.0b | -HK$98,855,901.00 | 7.3x | -242.7x | 0.8x |
| Mon, 18 Dec 2023 | HK$31.2b | HK$28.5b | -HK$97,482,509.00 | 7x | -319.8x | 1.1x |
| Wed, 15 Nov 2023 | HK$34.1b | HK$27.9b | -HK$85,079,959.00 | 6.5x | -400.7x | 1.2x |
| Fri, 13 Oct 2023 | HK$37.4b | HK$27.9b | -HK$85,119,105.00 | 6.8x | -439.1x | 1.3x |
| Sun, 10 Sep 2023 | HK$37.7b | HK$27.8b | -HK$83,183,075.00 | 6.6x | -453.7x | 1.4x |
| Tue, 08 Aug 2023 | HK$37.6b | HK$26.8b | -HK$1,272,526,061.00 | 14.9x | -29.5x | 1.4x |
| Thu, 06 Jul 2023 | HK$36.8b | HK$26.7b | -HK$1,264,744,982.00 | 16.3x | -29.1x | 1.4x |
| Sat, 03 Jun 2023 | HK$36.0b | HK$27.4b | -HK$1,305,603,996.00 | 15.9x | -27.5x | 1.3x |
| Mon, 01 May 2023 | HK$38.9b | HK$27.9b | -HK$1,339,891,992.00 | 15.7x | -29x | 1.4x |
| Wed, 29 Mar 2023 | HK$40.2b | HK$28.0b | -HK$1,346,953,213.00 | 15.2x | -29.9x | 1.4x |
| Fri, 24 Feb 2023 | HK$36.6b | HK$28.0b | HK$130.7m | 8.2x | 280.5x | 1.3x |
| Sun, 22 Jan 2023 | HK$43.7b | HK$28.4b | HK$127.2m | 8.8x | 343.5x | 1.5x |
| Tue, 20 Dec 2022 | HK$33.8b | HK$27.5b | HK$135.3m | 8.9x | 250x | 1.2x |
| Thu, 17 Nov 2022 | HK$31.2b | HK$27.4b | HK$136.3m | 7.9x | 228.9x | 1.1x |
| Sat, 15 Oct 2022 | HK$28.3b | HK$27.0b | HK$139.8m | 7.7x | 202.4x | 1x |
| Mon, 12 Sep 2022 | HK$37.8b | HK$27.9b | HK$131.5m | 8.7x | 287.1x | 1.4x |
| Wed, 10 Aug 2022 | HK$33.0b | HK$27.1b | HK$2.0b | 13.4x | 16.4x | 1.2x |
| Fri, 08 Jul 2022 | HK$40.3b | HK$27.3b | HK$2.0b | 16.1x | 19.9x | 1.5x |
| Sun, 05 Jun 2022 | HK$40.1b | HK$27.5b | HK$2.0b | 15.9x | 19.7x | 1.5x |
| Tue, 03 May 2022 | HK$3.2b | HK$1.8b | HK$665.4m | 4.8x | 4.8x | 1.8x |
| Thu, 31 Mar 2022 | HK$3.3b | HK$1.8b | HK$665.4m | 4.9x | 4.9x | 1.9x |
| Sat, 26 Feb 2022 | HK$3.3b | HK$1.8b | HK$688.0m | 4.8x | 4.8x | 1.9x |
| Mon, 24 Jan 2022 | HK$3.4b | HK$1.8b | HK$688.0m | 5x | 5x | 1.9x |
| Wed, 22 Dec 2021 | HK$3.2b | HK$1.8b | HK$688.0m | 4.7x | 4.7x | 1.8x |
| Fri, 19 Nov 2021 | HK$3.3b | HK$1.8b | HK$688.0m | 4.8x | 4.8x | 1.9x |
| Sun, 17 Oct 2021 | HK$3.4b | HK$1.8b | HK$688.0m | 4.9x | 4.9x | 1.9x |
| Tue, 14 Sep 2021 | HK$3.3b | HK$1.8b | HK$688.0m | 4.8x | 4.8x | 1.9x |
| Thu, 12 Aug 2021 | HK$3.2b | HK$1.8b | HK$688.0m | 4.7x | 4.7x | 1.8x |
| Mon, 07 Jun 2021 | HK$3.5b | HK$1.6b | HK$513.0m | 6.8x | 6.8x | 2.2x |
Price to Earnings Ratio
7x
Current Industry PE
- There are only 2 companies in the Hong Kong Multi-line Insurance industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Multi-line Insurance industry have grown 110% per year over the last three years.
- Revenues for these companies have grown 178% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong General Insurance compare with similar industries?
| HK Market | 5.25% | |
| Financials | 3.86% | |
| Insurance | 10.59% | |
| General Insurance | 14.82% | |
| Life and Health Insurance | 14.00% | |
| Reinsurance | 5.88% | |
| Property and Casualty Insurance | 1.25% | |
| Insurance Brokers | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 6060 ZhongAn Online P & C Insurance | HK$13.12 | 17.6% +HK$2.9b | -46.0% | PE4.4x | |
| 662 Asia Financial Holdings | HK$3.42 | 0.6% +HK$17.8m | 2.1% | PE9.2x |