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Hong Kong (HSI) Life and Health Insurance Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies5
- 7D-2.6%
- 3M9.8%
- 1Y14.7%
- YTDn/a
Over the last 7 days, the Life and Health Insurance industry has dropped 4.5%, driven by pullbacks in AIA Group and China Life Insurance of 5.5% and 6.8%, respectively. This takes the industry's 12 month performance to a gain of 16%. In the next few years, earnings are forecast to decline by 5.9% annually.
Industry Valuation and Performance
Has the Hong Kong Life and Health Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | HK$1.7t | HK$1.2t | HK$141.4b | 7.3x | 12x | 1.4x |
| Mon, 18 Nov 2024 | HK$1.8t | HK$1.2t | HK$142.5b | 7.5x | 12.7x | 1.5x |
| Wed, 16 Oct 2024 | HK$1.9t | HK$1.2t | HK$75.4b | 9.3x | 24.9x | 1.6x |
| Fri, 13 Sep 2024 | HK$1.5t | HK$1.2t | HK$75.6b | 7.6x | 20.1x | 1.3x |
| Sun, 11 Aug 2024 | HK$1.4t | HK$1.2t | HK$59.9b | 8.7x | 23.1x | 1.2x |
| Tue, 09 Jul 2024 | HK$1.4t | HK$1.1t | HK$59.6b | 8.7x | 23.2x | 1.2x |
| Thu, 06 Jun 2024 | HK$1.5t | HK$1.1t | HK$59.7b | 9.3x | 25.5x | 1.3x |
| Sat, 04 May 2024 | HK$1.5t | HK$1.1t | HK$59.7b | 8.5x | 25.5x | 1.3x |
| Mon, 01 Apr 2024 | HK$1.4t | HK$1.2t | HK$62.2b | 7.6x | 21.9x | 1.1x |
| Wed, 28 Feb 2024 | HK$1.6t | HK$1.5t | HK$35.8b | 8.9x | 43.4x | 1.1x |
| Fri, 26 Jan 2024 | HK$1.5t | HK$1.5t | HK$35.9b | 9x | 42.7x | 1.1x |
| Sun, 24 Dec 2023 | HK$2.2t | HK$3.1t | HK$122.0b | 9.6x | 18.3x | 0.7x |
| Tue, 21 Nov 2023 | HK$2.5t | HK$3.1t | HK$121.2b | 9x | 20.5x | 0.8x |
| Thu, 19 Oct 2023 | HK$2.7t | HK$3.0t | HK$130.1b | 9.6x | 20.5x | 0.9x |
| Sat, 16 Sep 2023 | HK$2.6t | HK$3.1t | HK$130.8b | 10.6x | 20.2x | 0.9x |
| Mon, 14 Aug 2023 | HK$2.8t | HK$2.8t | HK$151.8b | 9.5x | 18.3x | 1x |
| Wed, 12 Jul 2023 | HK$2.7t | HK$2.8t | HK$152.7b | 9x | 18x | 1x |
| Fri, 09 Jun 2023 | HK$3.0t | HK$2.9t | HK$154.3b | 10.1x | 19.3x | 1x |
| Sun, 07 May 2023 | HK$3.2t | HK$3.0t | HK$159.3b | 11.1x | 19.9x | 1.1x |
| Tue, 04 Apr 2023 | HK$2.8t | HK$2.9t | HK$142.4b | 10x | 20x | 1x |
| Thu, 02 Mar 2023 | HK$3.2t | HK$3.0t | HK$188.7b | 10.1x | 16.8x | 1.1x |
| Sat, 28 Jan 2023 | HK$3.3t | HK$3.0t | HK$190.0b | 11.1x | 17.5x | 1.1x |
| Mon, 26 Dec 2022 | HK$3.0t | HK$2.9t | HK$184.9b | 9.1x | 16.4x | 1x |
| Wed, 23 Nov 2022 | HK$2.6t | HK$2.7t | HK$174.7b | 8x | 14.8x | 0.9x |
| Fri, 21 Oct 2022 | HK$2.3t | HK$2.7t | HK$184.6b | 6.6x | 12.5x | 0.8x |
| Sun, 18 Sep 2022 | HK$2.6t | HK$2.8t | HK$189.7b | 7.5x | 13.5x | 0.9x |
| Tue, 16 Aug 2022 | HK$2.5t | HK$3.0t | HK$220.4b | 7.4x | 11.5x | 0.8x |
| Thu, 14 Jul 2022 | HK$2.8t | HK$3.0t | HK$221.1b | 8.3x | 12.6x | 0.9x |
| Sat, 11 Jun 2022 | HK$2.6t | HK$3.1t | HK$221.8b | 7.9x | 11.9x | 0.9x |
| Mon, 09 May 2022 | HK$2.5t | HK$3.1t | HK$222.4b | 7.9x | 11.4x | 0.8x |
| Wed, 06 Apr 2022 | HK$2.9t | HK$3.2t | HK$254.0b | 8.6x | 11.5x | 0.9x |
| Fri, 04 Mar 2022 | HK$3.0t | HK$3.4t | HK$290.4b | 6.4x | 10.2x | 0.9x |
| Sun, 30 Jan 2022 | HK$2.9t | HK$3.4t | HK$274.9b | 6.9x | 10.7x | 0.9x |
| Tue, 28 Dec 2021 | HK$2.9t | HK$3.4t | HK$275.1b | 5.8x | 10.6x | 0.9x |
Price to Earnings Ratio
10.6x
Current Industry PE
- Investors are pessimistic on the Hong Kong Life and Health Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 12.1x which is lower than its 3-year average PE of 18.8x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Life and Health Insurance industry have declined 20% per year over the last three years,
- Revenues have also declined 29% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Life and Health Insurance compare with similar industries?
| HK Market | -0.53% | |
| Financials | -0.22% | |
| Insurance | -2.08% | |
| Life and Health Insurance | -2.64% | |
| Insurance Brokers | 0% | |
| Property and Casualty Insurance | -0.42% | |
| Reinsurance | -1.18% | |
| General Insurance | -3.17% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||