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Hong Kong (HSI) Life and Health Insurance Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies5
  • 7D-0.3%
  • 3M-6.6%
  • 1Y-25.6%
  • YTDn/a

The Life and Health Insurance industry has stayed flat over the last week. As for the longer term, the industry has declined 26% in the last year. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

Has the Hong Kong Life and Health Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024HK$1.5tHK$1.4tHK$57.5b8.3x25.5x1x
Wed, 14 Feb 2024HK$1.5tHK$1.5tHK$35.8b8.9x43.1x1.1x
Fri, 12 Jan 2024HK$2.1tHK$2.8tHK$121.7b9.2x17.3x0.8x
Sun, 10 Dec 2023HK$2.2tHK$3.1tHK$121.5b8.9x18.3x0.7x
Tue, 07 Nov 2023HK$2.6tHK$3.0tHK$120.1b9.4x21.5x0.8x
Thu, 05 Oct 2023HK$2.6tHK$3.1tHK$130.4b10.1x19.9x0.9x
Sat, 02 Sep 2023HK$2.8tHK$3.1tHK$131.3b11x21x0.9x
Mon, 31 Jul 2023HK$2.9tHK$2.9tHK$153.1b10x19.1x1x
Wed, 28 Jun 2023HK$2.8tHK$2.8tHK$152.4b9.8x18.3x1x
Fri, 26 May 2023HK$2.9tHK$2.9tHK$155.9b10.2x18.6x1x
Sun, 23 Apr 2023HK$2.9tHK$2.9tHK$142.2b11x20.5x1x
Tue, 21 Mar 2023HK$2.8tHK$2.9tHK$147.6b9.5x19x1x
Thu, 16 Feb 2023HK$3.1tHK$3.0tHK$189.2b9.9x16.4x1x
Sat, 14 Jan 2023HK$3.4tHK$3.0tHK$191.1b10.8x17.5x1.1x
Mon, 12 Dec 2022HK$3.0tHK$2.8tHK$178.6b9.4x16.9x1.1x
Wed, 09 Nov 2022HK$2.4tHK$2.7tHK$175.4b7.1x13.5x0.9x
Fri, 07 Oct 2022HK$2.5tHK$2.8tHK$187.0b6.9x13.1x0.9x
Sun, 04 Sep 2022HK$2.6tHK$2.8tHK$191.7b7.4x13.4x0.9x
Tue, 02 Aug 2022HK$2.6tHK$3.0tHK$220.6b7.6x11.6x0.8x
Thu, 30 Jun 2022HK$2.9tHK$3.1tHK$221.4b8.8x13.1x0.9x
Sat, 28 May 2022HK$2.6tHK$3.1tHK$220.7b7.9x11.6x0.8x
Mon, 25 Apr 2022HK$2.7tHK$3.1tHK$250.4b7.8x10.9x0.9x
Wed, 23 Mar 2022HK$2.8tHK$3.3tHK$256.4b6.3x11.1x0.9x
Fri, 18 Feb 2022HK$3.2tHK$3.4tHK$289.5b7.4x11.1x0.9x
Sun, 16 Jan 2022HK$3.0tHK$3.4tHK$275.1b6x11x0.9x
Tue, 14 Dec 2021HK$3.0tHK$3.4tHK$275.1b6.4x10.9x0.9x
Thu, 11 Nov 2021HK$2.9tHK$3.4tHK$274.0b6.9x10.7x0.9x
Sat, 09 Oct 2021HK$3.1tHK$3.2tHK$296.1b6.6x10.6x1x
Mon, 06 Sep 2021HK$3.2tHK$3.2tHK$295.0b8.7x10.8x1x
Wed, 04 Aug 2021HK$3.2tHK$3.2tHK$295.0b9x10.8x1x
Sat, 08 May 2021HK$3.8tHK$3.2tHK$301.7b12.9x12.5x1.2x
Price to Earnings Ratio

12.6x


Total Market Cap: HK$3.8tTotal Earnings: HK$301.7bTotal Revenue: HK$3.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Life and Health Insurance Industry Price to Earnings3Y Average 16.2x202220232024
Current Industry PE
  • Investors are optimistic on the Hong Kong Life and Health Insurance industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 25.5x which is higher than its 3-year average PE of 16.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.97x.
Past Earnings Growth
  • The earnings for companies in the Life and Health Insurance industry have declined 42% per year over the last three years,
  • Revenues have also declined 23% 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 Market1.55%
Financials-0.84%
Insurance-1.09%
Life and Health Insurance-0.28%
General Insurance2.40%
Insurance Brokers0%
Reinsurance-2.00%
Property and Casualty Insurance-3.68%
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?

CompanyLast Price7D1YValuation
2628 China Life InsuranceHK$9.610.1%
+HK$282.6m
-25.8%PE14.5x
966 China Taiping Insurance HoldingsHK$7.070.9%
+HK$215.6m
-17.8%PE7.5x
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Latest News

376

HK$0.77

Yunfeng Financial Group

7D

-1.3%

1Y

-35.8%

6963

HK$3.00

Sunshine Insurance Group

7D

-2.3%

1Y

-29.1%

966

HK$7.07

China Taiping Insurance Holdings

7D

0.9%

1Y

-17.8%

2628

HK$9.61

China Life Insurance

7D

0.1%

1Y

-25.8%