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Hong Kong (HSI) Life and Health Insurance Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies5
- 7D-1.9%
- 3M27.9%
- 1Y9.1%
- YTDn/a
Over the last 7 days, the Life and Health Insurance industry has dropped 1.5%, driven by AIA Group declining 3.1%. Over the past 12 months, the industry was up 9.2%. In the next few years, earnings are forecast to decline by 3.5% 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | HK$1.8t | HK$1.2t | HK$142.3b | 7.7x | 12.7x | 1.5x |
| Sat, 19 Oct 2024 | HK$1.9t | HK$1.2t | HK$75.4b | 9.9x | 25.2x | 1.6x |
| Mon, 16 Sep 2024 | HK$1.5t | HK$1.2t | HK$75.7b | 7.6x | 20.2x | 1.3x |
| Wed, 14 Aug 2024 | HK$1.4t | HK$1.2t | HK$59.8b | 8.5x | 23.3x | 1.2x |
| Fri, 12 Jul 2024 | HK$1.4t | HK$1.1t | HK$59.6b | 8.6x | 24.1x | 1.3x |
| Sun, 09 Jun 2024 | HK$1.5t | HK$1.1t | HK$59.7b | 9.2x | 25x | 1.3x |
| Tue, 07 May 2024 | HK$1.6t | HK$1.2t | HK$59.8b | 8.7x | 26x | 1.4x |
| Thu, 04 Apr 2024 | HK$1.4t | HK$1.1t | HK$62.1b | 8.4x | 22.2x | 1.2x |
| Sat, 02 Mar 2024 | HK$1.5t | HK$1.5t | HK$35.8b | 9.5x | 42.6x | 1.1x |
| Mon, 29 Jan 2024 | HK$1.5t | HK$1.5t | HK$35.9b | 9x | 42.4x | 1x |
| Wed, 27 Dec 2023 | HK$2.2t | HK$3.1t | HK$122.0b | 9.6x | 18.3x | 0.7x |
| Fri, 24 Nov 2023 | HK$2.5t | HK$3.1t | HK$121.7b | 9.2x | 20.6x | 0.8x |
| Sun, 22 Oct 2023 | HK$2.5t | HK$3.0t | HK$130.1b | 9.2x | 19.3x | 0.8x |
| Tue, 19 Sep 2023 | HK$2.6t | HK$3.0t | HK$130.3b | 10.5x | 20.2x | 0.9x |
| Thu, 17 Aug 2023 | HK$2.7t | HK$2.8t | HK$150.7b | 9x | 17.8x | 1x |
| Sat, 15 Jul 2023 | HK$2.8t | HK$2.9t | HK$153.7b | 9.3x | 18.4x | 1x |
| Mon, 12 Jun 2023 | HK$3.0t | HK$2.9t | HK$154.4b | 10x | 19.2x | 1x |
| Wed, 10 May 2023 | HK$3.1t | HK$2.9t | HK$158.9b | 11.1x | 19.7x | 1.1x |
| Fri, 07 Apr 2023 | HK$2.8t | HK$2.9t | HK$142.6b | 10x | 19.8x | 1x |
| Sun, 05 Mar 2023 | HK$3.2t | HK$3.0t | HK$187.7b | 10.1x | 16.9x | 1.1x |
| Tue, 31 Jan 2023 | HK$3.2t | HK$3.0t | HK$190.9b | 10.6x | 17x | 1.1x |
| Thu, 29 Dec 2022 | HK$3.1t | HK$2.9t | HK$184.8b | 9.2x | 16.7x | 1.1x |
| Sat, 26 Nov 2022 | HK$2.6t | HK$2.7t | HK$175.1b | 8.4x | 15.1x | 1x |
| Mon, 24 Oct 2022 | HK$2.3t | HK$2.7t | HK$184.3b | 6.5x | 12.3x | 0.8x |
| Wed, 21 Sep 2022 | HK$2.5t | HK$2.8t | HK$189.3b | 7.3x | 13.2x | 0.9x |
| Fri, 19 Aug 2022 | HK$2.5t | HK$3.0t | HK$219.6b | 7.3x | 11.4x | 0.8x |
| Sun, 17 Jul 2022 | HK$2.7t | HK$3.0t | HK$220.3b | 7.7x | 12x | 0.9x |
| Tue, 14 Jun 2022 | HK$2.6t | HK$3.1t | HK$221.4b | 7.7x | 11.7x | 0.8x |
| Thu, 12 May 2022 | HK$2.5t | HK$3.1t | HK$220.8b | 7.8x | 11.4x | 0.8x |
| Sat, 09 Apr 2022 | HK$2.9t | HK$3.2t | HK$254.2b | 8.5x | 11.5x | 0.9x |
| Mon, 07 Mar 2022 | HK$2.9t | HK$3.4t | HK$290.5b | 6.4x | 10.1x | 0.9x |
| Wed, 02 Feb 2022 | HK$2.9t | HK$3.4t | HK$275.3b | 6.9x | 10.7x | 0.9x |
| Fri, 31 Dec 2021 | HK$2.9t | HK$3.4t | HK$275.0b | 5.8x | 10.7x | 0.9x |
| Sun, 28 Nov 2021 | HK$2.9t | HK$3.4t | HK$274.3b | 6.8x | 10.8x | 0.9x |
Price to Earnings Ratio
10.8x
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 12.7x 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 1.5x.
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 | 0.42% | |
| Financials | 0.60% | |
| Insurance | -1.64% | |
| Life and Health Insurance | -1.93% | |
| Reinsurance | 1.10% | |
| Insurance Brokers | 0% | |
| General Insurance | -0.64% | |
| Property and Casualty Insurance | -0.95% | |
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 | |
|---|---|---|---|---|---|
| 966 China Taiping Insurance Holdings | HK$12.48 | 1.5% +HK$646.9m | 69.3% | PE7.5x | |
| 376 Yunfeng Financial Group | HK$1.07 | 0.9% +HK$38.7m | 12.6% | PE9x |