Declared Dividend • 17h
Final dividend of HK$1.44 announced Shareholders will receive a dividend of HK$1.44. Ex-date: 28th May 2026 Payment date: 12th June 2026 Dividend yield will be 16%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (42% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Apr 16
AIA Group Limited to Report Q1, 2026 Results on Apr 30, 2026 AIA Group Limited announced that they will report Q1, 2026 results at 6:00 AM, China Standard Time on Apr 30, 2026 Aankondiging • Feb 24
AIA Group Limited to Report Fiscal Year 2025 Results on Mar 19, 2026 AIA Group Limited announced that they will report fiscal year 2025 results at 6:00 AM, China Standard Time on Mar 19, 2026 Aankondiging • Feb 05
AIA Group Limited Announces Appointment of Ms. Shulamite N K Khoo and Mr. Ku Man as Independent Non-Executive Directors, Effective February 5, 2026 AIA Group Limited announced the appointment of Ms. Shulamite N K Khoo and Mr. Ku Man as Independent Non-executive Directors of the Company with effect from February 5, 2026. Ms. Khoo, aged 64, has served as an Independent Non-executive Director of Shangri-La Asia Limited (listed on the Hong Kong Stock Exchange and the Singapore Stock Exchange) since November 2020 and an Independent Director of CIMB Group Holdings Berhad (listed on the Malaysia Stock Exchange) since May 2020. She was an Independent Non-executive Director of Kerry Logistics Network Limited (listed on the Hong Kong Stock Exchange) from 2017 to 2021. Since October 2022, Ms. Khoo has been an Independent Non-executive Director of AIA Company Limited, a wholly-owned subsidiary of the Company. She also served as Group Chief Human Resources Officer of the Company from 2011 to 2018. Prior to joining the Group, Ms. Khoo was Group Executive Vice President and Global Head of Human Resources of AXA group, based in Paris. Ms. Khoo obtained a Bachelor of Science degree from University of Toronto in 1983 and qualified as a Chartered Fellow of the Chartered Institute of Personnel and Development in 2013. Mr. Ku, aged 52, is the Chairman and Executive Director of WeBank Co. Ltd. since December 2014 and the Chairman of WeBank Technology Services Limited since January 2026. Mr. Ku has previously held various senior positions at Ping An Insurance (Group) Company of China Ltd. and its group entities between 2000 to 2014. He served as an Executive Director of Ping An from July 2012 to July 2014. Amongst other roles, he has also served as the Chairman and Chief Executive Officer of Ping An Channel Development Consultation Service Company of Shenzhen Ltd. from 2008 to 2013, the Chairman of Ping An Processing & Technology (Shenzhen) Co. Ltd. from 2010 to 2014, and a Non-executive Director of Ping An Bank Co. Ltd. from 2010 to 2014. Prior to joining the Ping An group, Mr. Ku worked in McKinsey & Company as a Business Analyst from 1997 to 1999. Mr. Ku obtained a Bachelor of Business Administration degree from The Chinese University of Hong Kong in 1996. Aankondiging • Oct 16
AIA Group Limited to Report Q3, 2025 Results on Oct 31, 2025 AIA Group Limited announced that they will report Q3, 2025 results at 6:00 AM, China Standard Time on Oct 31, 2025 Declared Dividend • Aug 24
First half dividend of HK$0.49 announced Shareholders will receive a dividend of HK$0.49. Ex-date: 5th September 2025 Payment date: 23rd September 2025 Dividend yield will be 8.0%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 22
First half 2025 earnings released: EPS: US$0.24 (vs US$0.29 in 1H 2024) First half 2025 results: EPS: US$0.24 (down from US$0.29 in 1H 2024). Revenue: US$13.3b (up 29% from 1H 2024). Net income: US$2.53b (down 24% from 1H 2024). Profit margin: 19% (down from 32% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Aankondiging • Jul 31
AIA Group Limited to Report First Half, 2025 Results on Aug 21, 2025 AIA Group Limited announced that they will report first half, 2025 results on Aug 21, 2025 Aankondiging • Jun 06
AIA Group Limited Announces Board and Committee Changes AIA Group Limited announced that Mr. Edmund Sze-Wing Tse, Independent Non- executive Chairman and Independent Non-executive Director, has informed the board of directors of the Company (the "Board") of his intention to retire from his positions with the Company effective 30 September 2025. In recognition of his extraordinary contribution, the Board has unanimously chosen to confer upon Mr. Tse the honorary title of Chairman Emeritus for AIA Group. The Board is delighted to announce that Sir Mark Tucker, who previously served as Group Chief Executive Officer and President of AIA between 2010 and 2017, has, subject to regulatory approval, been appointed Independent Non-executive Chairman and an Independent Non- executive Director of the Company effective from 1 October 2025. Sir Mark has also been appointed as the Chairman of the Nomination Committee and a member of the Remuneration Committee, effective 1 October 2025. Sir Mark has more than 40 years in-depth experience in the financial services industry, including in Asia, the United States, the United Kingdom and Africa. He will complete his tenure as the Non-executive Group Chairman of HSBC Holdings plc ("HSBC") on 30 September 2025. Sir Mark Edward Tucker, aged 67, has served as non-executive Group Chairman of HSBC (listed on the London Stock Exchange, the Hong Kong Stock Exchange, the Bermuda Stock Exchange and the New York Stock Exchange) from October 2017. He is also non-executive Group Chairman of the Discovery Group of South Africa. Sir Mark served as an Executive Director and the Group Chief Executive and President of AIA from 2010 to 2017. He also served as the group chief executive of Prudential plc from 2005 to 2009. Sir Mark was a non-executive director of the Court of The Bank of England from 2009 to 2012 and an independent director of The Goldman Sachs Group Inc. from 2012 to 2017. He is a member of the International Business Leaders' Advisory Councils to the Mayor of Beijing and the Mayor of Shanghai. In 2023, he was also appointed to the Chief Executives' Council of Advisers of the HKSAR, the National Financial Regulatory Administration International Advisory Council of China and the Kingdom of Saudi Arabia's Supreme National Investment Committee's Investment Advisory Council. He was the co-chair of the Indian B20 Taskforce on Financial Inclusion for Economics Empowerment. Sir Mark is on The Asia Society's Board of Trustees in New York and is a Director of the Peterson Institute for International Economics. He is an Honorary Professor at the Chinese University of Hong Kong. He also serves on the Asia Business Council and the Advisory Board of the Asia Global Institute. Sir Mark obtained a Bachelor of Arts degree from Leeds University in 1980 and received an Honorary Doctor of Laws from Leeds University in 2022. He qualified as a Chartered Accountant in England and Wales in 1985. In June 2024, Mr. Tucker was honoured with a Knighthood by His Majesty the King in recognition of his services to the economy. Aankondiging • Apr 14
AIA Group Limited to Report Q1, 2025 Results on Apr 30, 2025 AIA Group Limited announced that they will report Q1, 2025 results at 6:00 AM, China Standard Time on Apr 30, 2025 Aankondiging • Mar 15
AIA Group Limited (SEHK:1299) announces an Equity Buyback for $1,600 million worth of its shares. AIA Group Limited (SEHK:1299) announces a share repurchase program. Under the program, the company will repurchase up to $1,600 million worth of its shares. The purpose of the program is to align with the company's enhanced capital management policy. The program is expected to complete within 2025. Aankondiging • Feb 20
AIA Group Limited to Report Fiscal Year 2024 Results on Mar 14, 2025 AIA Group Limited announced that they will report fiscal year 2024 results at 6:00 AM, China Standard Time on Mar 14, 2025 Aankondiging • Oct 17
AIA Group Limited to Report Q3, 2024 Results on Oct 31, 2024 AIA Group Limited announced that they will report Q3, 2024 results at 6:00 AM, China Standard Time on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €7.52, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Insurance industry in Germany. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.61 per share. Declared Dividend • Aug 25
First half dividend of HK$0.45 announced Shareholders will receive a dividend of HK$0.45. Ex-date: 6th September 2024 Payment date: 25th September 2024 Dividend yield will be 9.2%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 53% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 23
First half 2024 earnings released: EPS: US$0.29 (vs US$0.19 in 1H 2023) First half 2024 results: EPS: US$0.29 (up from US$0.19 in 1H 2023). Revenue: US$10.3b (up 14% from 1H 2023). Net income: US$3.31b (up 47% from 1H 2023). Profit margin: 32% (up from 25% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 16% per year. Aankondiging • Aug 22
AIA Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 25 September 2024 AIA Group Limited announced an interim dividend of HKD 0.445 per share for the six months ended 30 June 2024. Ex-dividend date is 6 September 2024. Record date is 9 September 2024. Payment date is 25 September 2024. Aankondiging • Jul 30
AIA Group Limited to Report First Half, 2024 Results on Aug 22, 2024 AIA Group Limited announced that they will report first half, 2024 results on Aug 22, 2024 Aankondiging • Jul 08
AIA Group Limited Announces Committee Changes, Effective 8 July 2024 AIA Group Limited announced the following changes in the composition of the Board committees of the Company with effect from 8 July 2024: Ms. Sun Jie (Jane) ("Ms. Sun"), an independent non-executive director of the Company and a member of each of the audit committee, nomination committee and remuneration committee of the Company, will cease to be a member of the Audit Committee; Ms. Mari Elka Pangestu and Mr. Ong Chong Tee, each an INED and a member of the Nomination Committee, will be appointed as members of the Audit Committee; Mr. John Barrie Harrison ("Mr. Harrison"), an INED and a member of each of the Audit Committee, the Nomination Committee and the risk committee of the Company, will cease to be a member of the Risk Committee; and Ms. Nor Shamsiah Mohd Yunus, an INED and a member of the Nomination Committee, will be appointed as a member of the Risk Committee.The above changes were approved by the Board based on the recommendation of the Nomination Committee subsequent to its review of the composition of and expertise on theBoard Committees. Aankondiging • May 25
AIA Group Limited Declares Final Dividend for the Year Ended 31 December 2023 AIA Group Limited declared a final dividend of 119.07 Hong Kong cents per share for the year ended 31 December 2023. Upcoming Dividend • May 22
Upcoming dividend of HK$1.19 per share Eligible shareholders must have bought the stock before 29 May 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.2%). Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €6.89, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Insurance industry in Germany. Total loss to shareholders of 30% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.85 per share. Aankondiging • Apr 19
AIA Group Limited to Report Q1, 2024 Results on Apr 29, 2024 AIA Group Limited announced that they will report Q1, 2024 results at 6:00 AM, China Standard Time on Apr 29, 2024 Declared Dividend • Mar 18
Final dividend of HK$1.19 announced Shareholders will receive a dividend of HK$1.19. Ex-date: 29th May 2024 Payment date: 14th June 2024 Dividend yield will be 17%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 75% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Mar 16
AIA Group Limited, Annual General Meeting, May 24, 2024 AIA Group Limited, Annual General Meeting, May 24, 2024, at 11:00 China Standard Time. Reported Earnings • Mar 14
Full year 2023 earnings released: EPS: US$0.003 (vs US$0.024 in FY 2022) Full year 2023 results: EPS: US$0.003. Revenue: US$19.7b (flat on FY 2022). Net income: US$3.76b (up US$3.48b from FY 2022). Profit margin: 19% (up from 1.4% in FY 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Insurance industry in Germany. Aankondiging • Feb 24
AIA Group Limited to Report Fiscal Year 2023 Results on Mar 14, 2024 AIA Group Limited announced that they will report fiscal year 2023 results at 6:00 AM, China Standard Time on Mar 14, 2024 New Risk • Jan 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (237% payout ratio). Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.7% net profit margin). New Risk • Nov 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (237% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin). Aankondiging • Oct 25
AIA Group Limited to Report Q3, 2023 Results on Nov 03, 2023 AIA Group Limited announced that they will report Q3, 2023 results at 6:00 AM, China Standard Time on Nov 03, 2023 New Risk • Oct 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (237% payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (1.8% net profit margin). Aankondiging • Sep 21
AIA Group Limited Announces Appointment of Nor Shamsiah Binti Mohd Yunus as Independent Non-Executive Director and Member of Nomination Committee Effective September 21, 2023 The board of directors of AIA Group Limited announced that Ms. Nor Shamsiah Binti Mohd Yunus has been appointed as an Independent Non-executive Director and a member of the Nomination Committee of the Company with effect from 21 September 2023. Ms. Mohd Yunus, aged 59, currently serves as the Chancellor of INCEIF (International Centre for Education in Islamic Finance) University in Malaysia. Ms. Mohd Yunus has over 34 years of experience with Bank Negara Malaysia (BNM) (the Central Bank of Malaysia). She joined BNM in 1987 and was appointed as Deputy Governor from November 2010 to June 2016 and Governor from July 2018 to June 2023. She was the Chairperson of each of BNM's Board of Directors, Monetary Policy Committee, Financial Stability Committee, Financial Stability Executive Committee, Reserve Management Committee, Risk Management Committee and Digital Technology Committee. During her time at BNM, she served in diverse areas including overseeing work of the financial stability division, encompassing regulation and supervision of banks and insurance companies, as well as financial sector development and enforcement. During her tenure, Ms. Mohd Yunus also represented BNM as an ex-officio Director of Perbadanan Insurans Deposit Malaysia (Malaysian Deposit Insurance Corporation), Chairman of the Board of Directors of the South East Asian Central Banks (SEACEN) Research and Training Centre, and a non- executive member of the Audit Oversight Board of Malaysia. She also served as the Assistant Director of the Monetary and Capital Markets Department of the International Monetary Fund from April 2017 to June 2018. Ms. Mohd Yunus graduated with a Bachelor of Arts in Accountancy from the University of South Australia in 1986. She is a fellow of the CPA Australia and a member of the Malaysian Institute of Accountants. Ms. Mohd Yunus has confirmed that she meets the independence criteria for directors as set out in Rule 3.13 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). Ms. Mohd Yunus's appointment is for a term of approximately three years, subject to the directors' retirement and re-election requirements under the Articles of Association of the Company and the Corporate Governance Code as set out in Appendix 14 to the Listing Rules. She is entitled to receive a Board membership fee and a Nomination Committee membership fee for her services in accordance with the Company's directors' fee structure as disclosed in the annual reports of the Company. The terms of these membership fees are covered by and stipulated in a letter of appointment issued to her by the Company. Upcoming Dividend • Sep 01
Upcoming dividend of HK$0.42 per share at 2.2% yield Eligible shareholders must have bought the stock before 08 September 2023. Payment date: 26 September 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.1%). Reported Earnings • Aug 27
First half 2023 earnings released: EPS: US$0.19 (vs US$0.13 in 1H 2022) First half 2023 results: EPS: US$0.19 (up from US$0.13 in 1H 2022). Net income: US$2.25b (up 46% from 1H 2022). Revenue is expected to decline by 4.4% p.a. on average during the next 3 years, while revenues in the Insurance industry in Germany are expected to grow by 2.9%. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Aankondiging • Aug 25
AIA Group Limited Announces an Interim Dividend for the Six Months Ended 30 June 2023, Payable on 26 September 2023 AIA Group Limited announced an interim dividend of HKD 0.4229 per share for the six months ended 30 June 2023. Ex-dividend date is 8 September 2023. Record date is 11 September 2023. Payment date is 26 September 2023. Aankondiging • Aug 04
AIA Group Limited to Report First Half, 2023 Results on Aug 24, 2023 AIA Group Limited announced that they will report first half, 2023 results on Aug 24, 2023 Buying Opportunity • Jul 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 7.8%. The fair value is estimated to be €11.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Earnings per share has declined by 22%. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings is also forecast to grow by 35% per annum over the same time period. Board Change • Jul 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent Non-Executive Director Jane Sun was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Jul 01
AAIA a Group Limited Announces Board Changes AIA Group Limited announced that each of Ms. Pangestu and Mr. Ong has been appointed as an INED and a member of the Nomination Committee with effect from 1 July 2023. Ms. Pangestu, aged 66, currently serves as a Professor of International Economics at the University of Indonesia, adjunct senior research scholar at the Columbia University and Professor of the University of Prasetiya Mulya. She is also a member of the Advisory Board of Indonesia Bureau of Economic Research, Co-chair of Indonesian National Committee for Pacific Economic Cooperation, member of the Board of Trustees of United in Diversity, Indonesia and the Centre for Strategic and International Studies Foundation, and Distinguished Fellow of Asia Global Institute, University of Hong Kong. In addition, Ms. Pangestu was previously an Independent President Commissioner of PT Mitra Adiperkasa Tbk from 2018 to 2020, the President Commissioner (Independent) of PT Bank BTPN Tbk from 2016 to 2020 and an Independent Commissioner of PT Astra International Tbk from 2015 to 2017, all of which are listed on the Indonesia Stock Exchange. Mr. Ong, aged 61, currently serves as the Chairman of the Accounting and Corporate Regulatory Authority in Singapore. He has 35 years of experience with the Monetary Authority of Singapore (MAS), in the areas of reserve management, monetary policy, investment management, financial development and financial supervision. He last served as the Deputy Managing Director of Financial Supervision from 2013 to 2021, overseeing the banking and insurance, capital markets, and policy, risk and surveillance groups. Mr. Ong also served on the boards of Central Provident Fund Board from 2000 to 2009, Singapore Land Authority from 2005 to 2009, Urban Redevelopment Authority from 2006 to 2012 and Housing & Development Board from 2012 to 2018. The Board also announced the retirement of Ms. Teo as an INED with effect from 1 September 2023 in order to attend to her other commitments. Upon her retirement as an INED, Ms. Teo will also cease to be the Chairman of the Risk Committee and a member of the Nomination Committee. The Board is also announced that Mr. Chow, an INED and a member of the Risk Committee, will be appointed as the Chairman of the Risk Committee in place of Ms. Teo with effect from 1 September 2023. Buying Opportunity • Jun 15
Now 20% undervalued Over the last 90 days, the stock is up 2.3%. The fair value is estimated to be €11.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Earnings per share has declined by 22%. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings is also forecast to grow by 34% per annum over the same time period. Aankondiging • May 19
AIA Group Limited Declares Final Dividend for the Year Ended 31 December 2022 AIA Group Limited at its AGM held on 18 May 2023 declared a final dividend of 113.40 cents per share for the year ended 31 December 2022. Upcoming Dividend • May 16
Upcoming dividend of HK$1.13 per share at 1.9% yield Eligible shareholders must have bought the stock before 23 May 2023. Payment date: 09 June 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.5%). Buying Opportunity • May 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 4.7%. The fair value is estimated to be €11.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Earnings per share has declined by 22%. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings is also forecast to grow by 33% per annum over the same time period. Buying Opportunity • Mar 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.9%. The fair value is estimated to be €12.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Earnings per share has declined by 23%. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings is also forecast to grow by 42% per annum over the same time period. Reported Earnings • Mar 11
Full year 2022 earnings released: EPS: US$0.02 (vs US$0.62 in FY 2021) Full year 2022 results: EPS: US$0.02 (down from US$0.62 in FY 2021). Revenue: US$19.1b (down 59% from FY 2021). Net income: US$282.0m (down 96% from FY 2021). Profit margin: 1.5% (down from 16% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Buying Opportunity • Nov 19
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 2.5%. The fair value is estimated to be €11.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Earnings per share has grown by 5.7%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings is also forecast to grow by 28% per annum over the same time period. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improved over the past week After last week's 18% share price gain to €8.51, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 11x in the Insurance industry in Germany. Total loss to shareholders of 5.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.44 per share. Aankondiging • Sep 30
AIA Group Limited (SEHK:1299) agreed to acquire MediCard Philippines, Inc. AIA Group Limited (SEHK:1299) agreed to acquire MediCard Philippines, Inc. on September 28, 2022. MediCard Philippines has reported revenue of $182 million for the year ended December 31, 2021. Nicky Montoya will continue to lead MediCard as the Chief Executive Officer after the transaction. The deal is subject to regulatory approvals and other customary closing conditions. Upcoming Dividend • Sep 02
Upcoming dividend of HK$0.40 per share Eligible shareholders must have bought the stock before 09 September 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.4%). Reported Earnings • Aug 26
First half 2022 earnings released: US$0.05 loss per share (vs US$0.27 profit in 1H 2021) First half 2022 results: US$0.05 loss per share (down from US$0.27 profit in 1H 2021). Revenue: US$3.08b (down 87% from 1H 2021). Net loss: US$571.0m (down 118% from profit in 1H 2021). Over the next year, revenue is forecast to grow 48%, compared to a 27% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year. Aankondiging • Aug 26
AIA Group Limited Declares Interim Dividend for the Six Months Ended 30 June 2022 AIA Group Limited declared Interim Dividend of HKD 0.4028 per share for the six months ended 30 June 2022. Ex-dividend date: 09 September 2022, Record date 13 September 2022 and Payment date 29 September 2022. Aankondiging • Aug 25
AIA Group Limited Declares Interim Dividend AIA Group Limited declared a 6% increase in the interim dividend to 40.28 HK cents per share. Aankondiging • May 21
AIA Group Limited Appoints Sun Jie as Member of the Audit Committee and the Remuneration Committee, Effective 1 June 2022 The board of directors of AIA Group Limited announced that Ms. Sun Jie, an independent non-executive director of the Company, has been appointed as a member of the Audit Committee and the Remuneration Committee of the Company with effect from 1 June 2022. Upcoming Dividend • May 17
Upcoming dividend of HK$1.08 per share Eligible shareholders must have bought the stock before 24 May 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (4.9%). Aankondiging • Apr 26
AIA Group Limited Proposes to Declare Final Dividend of 108 Hong Kong Cents Per Share for the Year Ended December 31, 2022 AIA Group Limited proposed to declare final dividend of 108 Hong Kong cents per share for the year ended December 31, 2022 at the Annual General Meeting to be held on May 19, 2022. Aankondiging • Apr 12
AIA Group Limited to Report Q1, 2022 Results on Apr 29, 2022 AIA Group Limited announced that they will report Q1, 2022 results at 6:00 AM, China Standard Time on Apr 29, 2022 Aankondiging • Apr 08
AIA Group Limited to Report First Half, 2022 Results on Aug 25, 2022 AIA Group Limited announced that they will report first half, 2022 results on Aug 25, 2022 Reported Earnings • Mar 12
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$0.62 (up from US$0.48 in FY 2020). Revenue: US$47.5b (down 6.5% from FY 2020). Net income: US$7.43b (up 28% from FY 2020). Profit margin: 16% (up from 11% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.0%. Over the next year, revenue is expected to shrink by 19% compared to a 20% growth forecast for the insurance industry in Germany. Aankondiging • Mar 06
AIA Group Limited (SEHK:1299) entered into the Share Sale Agreement to acquire Blue Cross (Asia-Pacific) Insurance Limited from The Bank of East Asia, Limited (SEHK:23) for HKD 2106 million. AIA Group Limited (SEHK:1299) entered into the Share Sale Agreement to acquire Blue Cross (Asia-Pacific) Insurance Limited from The Bank of East Asia, Limited (SEHK:23) for HKD 2106 million on March 4, 2022. For the period ended December 31, 2021, Blue cross reported Net income of HKD -32 million, and Total common equity of HKD 531 million. The transaction is subject to regulatory approvals and other closing conditions. Aankondiging • Feb 22
AIA Group Limited to Report Fiscal Year 2021 Results on Mar 11, 2022 AIA Group Limited announced that they will report fiscal year 2021 results at 6:00 AM, China Standard Time on Mar 11, 2022 Recent Insider Transactions • Oct 13
Independent Non-Executive Director recently bought €700k worth of stock On the 8th of October, Juen-Yee Lau bought around 70k shares on-market at roughly €10.00 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €930k more in shares than they have sold in the last 12 months. Upcoming Dividend • Aug 26
Upcoming dividend of HK$0.38 per share Eligible shareholders must have bought the stock before 02 September 2021. Payment date: 21 September 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (4.2%). Recent Insider Transactions • Aug 25
Independent Non-Executive Director recently bought €215k worth of stock On the 18th of August, Juen-Yee Lau bought around 20k shares on-market at roughly €10.74 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €229k more in shares than they have sold in the last 12 months. Aankondiging • Jun 30
AIA Plans to Acquire 24.99% Stake in China Post Life Insurance AIA Group Limited (SEHK:1299) has announced plans to acquire a stake in the life insurance arm of the China Post Group for CNY 12 billion (USD 1.86 billion) as it continues to expand its presence in mainland China. Hong Kong’s biggest publicly traded life insurer will buy a 24.99% stake in China Post Life Insurance through its wholly owned subsidiary, AIA Company Limited, subject to regulatory approval, according to a filing to the Hong Kong stock exchange after trading hours on June 29, 2021. “AIA’s investment in China Post Life is highly complementary to our strategy in China and enables the group to capture significant upside from additional distribution channels and customer segments,” said Lee Yuan Siong, group chief executive and president in a statement. The investment in China Post Life would enable AIA to “capture additional areas of growth and benefit from the substantial potential for value creation,” Lee said. Aankondiging • May 21
AIA Group Limited Approves Final Dividend for the Year Ended 31 December 2019 AIA Group Limited declared a final dividend of 100.30 HK cents per share for the year ended 31 December 2020, at its AGM held on 20 May 2021. Upcoming Dividend • May 18
Upcoming dividend of HK$1.00 per share Eligible shareholders must have bought the stock before 25 May 2021. Payment date: 10 June 2021. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (4.2%). Reported Earnings • Mar 14
Full year 2020 earnings released: EPS US$0.48 (vs US$0.50 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: US$50.9b (up 6.1% from FY 2019). Net income: US$5.78b (down 3.3% from FY 2019). Profit margin: 11% (down from 13% in FY 2019). The decrease in margin was driven by higher expenses. Aankondiging • Mar 13
AIA Group Limited, Annual General Meeting, May 20, 2021 AIA Group Limited, Annual General Meeting, May 20, 2021, at 11:00 China Standard Time. Location: Grand Ballroom, Lower Level I Kowloon Shangri-La, 64 Mody Road, Tsim Sha Tsui East Kowloon Hong Kong Aankondiging • Feb 23
AIA Group Limited to Report Fiscal Year 2020 Results on Mar 12, 2021 AIA Group Limited announced that they will report fiscal year 2020 results on Mar 12, 2021 Aankondiging • Feb 06
Westpac Reportedly Prepares to Kick Off A Formal Sale Process for Its Life Insurance Business Westpac Banking Corporation (ASX:WBC) is working with JPMorgan Chase & Co. (NYSE:JPM) as it prepares to kick off a formal sale process for its life insurance business as soon as this month, according to people with knowledge of the matter. AIA Group Limited (SEHK:1299), Dai-ichi Life Holdings, Inc. (TSE:8750) and Meiji Yasuda Life Insurance Company are among the firms that have been approached to gauge their potential interest in the unit, one of the people said. Deliberations are ongoing and Westpac could decide to keep the business, the people said. Representatives for AIA, Dai-ichi Life, Meiji Yasuda, JPMorgan and Westpac declined to comment. Westpac may seek a premium to the unit’s net asset value of A$1.8 billion ($1.4 billion), though how much it will be able to fetch depends on the buyers’ interest. Is New 90 Day High Low • Jan 20
New 90-day high: €11.71 The company is up 40% from its price of €8.38 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.13 per share. Is New 90 Day High Low • Dec 29
New 90-day high: €10.17 The company is up 23% from its price of €8.30 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.76 per share. Is New 90 Day High Low • Nov 09
New 90-day high: €9.46 The company is up 19% from its price of €7.94 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.86 per share. Aankondiging • Oct 17
AIA Group Limited to Report Q3, 2020 Results on Nov 09, 2020 AIA Group Limited announced that they will report Q3, 2020 results at 6:00 AM, China Standard Time on Nov 09, 2020 Aankondiging • Aug 04
AIA Group Limited to Report First Half, 2020 Results on Aug 20, 2020 AIA Group Limited announced that they will report first half, 2020 results on Aug 20, 2020 
