China Reinsurance (Group) Corporation

DB:C53 Stock Report

Market Cap: €4.4b

China Reinsurance (Group) Past Earnings Performance

Past criteria checks 3/6

China Reinsurance (Group)'s earnings have been declining at an average annual rate of -5.7%, while the Insurance industry saw earnings growing at 7.1% annually. Revenues have been declining at an average rate of 11.7% per year. China Reinsurance (Group)'s return on equity is 9%, and it has net margins of 9.2%.

Key information

-5.7%

Earnings growth rate

-5.7%

EPS growth rate

Insurance Industry Growth5.9%
Revenue growth rate-11.7%
Return on equity9.0%
Net Margin9.2%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How China Reinsurance (Group) makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:C53 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 24102,3189,3683,8980
31 Mar 2498,6387,5103,8080
31 Dec 2394,9585,6523,7170
30 Sep 2391,7943,4373,8080
30 Jun 2388,6301,2213,8990
31 Mar 2384,3434483,7370
31 Dec 2280,055-3253,5740
30 Sep 22119,9861,5339,1130
30 Jun 22118,9142,4108,8190
31 Mar 22141,4324,18211,9030
31 Dec 21163,9505,95414,9860
30 Sep 21157,5486,60415,3820
30 Jun 21151,1467,25415,7780
31 Mar 21159,6216,48216,6810
31 Dec 20168,0975,71117,5840
30 Sep 20165,0825,45417,5850
30 Jun 20162,0675,19717,5870
31 Mar 20152,3265,62317,4590
31 Dec 19142,5856,04917,3310
30 Sep 19140,2875,38416,8580
30 Jun 19137,9884,71916,3850
31 Mar 19128,9784,22414,6230
31 Dec 18119,9683,73012,8610
30 Sep 18111,9714,18111,9610
30 Jun 18103,9734,63311,0610
31 Mar 18106,9004,94511,2150
31 Dec 17109,8275,25611,3680
30 Sep 17109,0055,32911,7210
30 Jun 17108,1835,40112,0740
31 Mar 17100,0735,27411,5120
31 Dec 1691,9635,14610,9500
30 Sep 1691,0524,42310,3000
30 Jun 1690,1423,7009,6500
31 Mar 1687,0496,4639,3850
31 Dec 1586,1637,5798,8680
30 Sep 1587,5908,0648,2190
30 Jun 1589,0178,5497,5710
31 Mar 1583,1855,7146,9470
31 Dec 1477,8435,4046,4030
31 Dec 1368,2573,3735,1380

Quality Earnings: C53 has a high level of non-cash earnings.

Growing Profit Margin: C53's current net profit margins (9.2%) are higher than last year (1.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: C53's earnings have declined by 5.7% per year over the past 5 years.

Accelerating Growth: C53's earnings growth over the past year (667.3%) exceeds its 5-year average (-5.7% per year).

Earnings vs Industry: C53 earnings growth over the past year (667.3%) exceeded the Insurance industry 17.8%.

Return on Equity

High ROE: C53's Return on Equity (9%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 14:34
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

China Reinsurance (Group) Corporation is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gigi ChenBofA Global Research
Louis LiuChina Galaxy International Securities (Hong Kong)
Qingqing MaoChina International Capital Corporation Limited