1508 Stock Overview
Operates as a reinsurance company in the People's Republic of China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
China Reinsurance (Group) Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.88 |
| 52 Week High | HK$1.30 |
| 52 Week Low | HK$0.39 |
| Beta | 0.80 |
| 11 Month Change | -8.33% |
| 3 Month Change | 33.33% |
| 1 Year Change | 95.56% |
| 33 Year Change | 14.29% |
| 5 Year Change | -29.03% |
| Change since IPO | -67.41% |
Recent News & Updates
Recent updates
Even With A 25% Surge, Cautious Investors Are Not Rewarding China Reinsurance (Group) Corporation's (HKG:1508) Performance Completely
Oct 28
China Reinsurance (Group) Corporation's (HKG:1508) Price Is Right But Growth Is Lacking After Shares Rocket 31%
Sep 04What You Need To Know About The China Reinsurance (Group) Corporation (HKG:1508) Analyst Downgrade Today
Aug 08With China Reinsurance (Group) Corporation (HKG:1508) It Looks Like You'll Get What You Pay For
Jul 21Investors Still Aren't Entirely Convinced By China Reinsurance (Group) Corporation's (HKG:1508) Earnings Despite 25% Price Jump
Mar 13Market Still Lacking Some Conviction On China Reinsurance (Group) Corporation (HKG:1508)
Jan 07Here's Why I Think China Reinsurance (Group) (HKG:1508) Might Deserve Your Attention Today
Nov 08Key Things To Watch Out For If You Are After China Reinsurance (Group) Corporation's (HKG:1508) 6.0% Dividend
Apr 24Reflecting on China Reinsurance (Group)'s (HKG:1508) Share Price Returns Over The Last Five Years
Feb 28Is China Reinsurance (Group) Corporation (HKG:1508) The Right Choice For A Smart Dividend Investor?
Jan 24
China Reinsurance (Group)'s(HKG:1508) Share Price Is Down 67% Over The Past Five Years.
Nov 29Shareholder Returns
| 1508 | HK Insurance | HK Market | |
|---|---|---|---|
| 7D | 0% | -1.6% | 0.4% |
| 1Y | 95.6% | 15.8% | 12.0% |
Return vs Industry: 1508 exceeded the Hong Kong Insurance industry which returned 15.8% over the past year.
Return vs Market: 1508 exceeded the Hong Kong Market which returned 12% over the past year.
Price Volatility
| 1508 volatility | |
|---|---|
| 1508 Average Weekly Movement | 11.9% |
| Insurance Industry Average Movement | 9.3% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in HK Market | 18.9% |
| 10% least volatile stocks in HK Market | 4.3% |
Stable Share Price: 1508 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 1508's weekly volatility (12%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1949 | 48,770 | Qianzhi Zhuang | www.chinare.com.cn |
China Reinsurance (Group) Corporation, together with its subsidiaries, operates as a reinsurance company in the People's Republic of China and internationally. The company operates through Property and Casualty Reinsurance, Life and Health Reinsurance, Primary Property and Casualty Insurance, Asset Management, and Others segments. It offers reinsurance products, including motor, commercial and household property, engineering, marine hull, cargo, liability, credit and guarantee, personal accident, health, agriculture, life and annuity, space and aviation, energy, nuclear, etc.; and insurance agency services, such as risk identification, assessment and consulting, insurance program design, insurance procurement, insurance policy management, claim management, disaster and accident prevention management, overall risk management, and reinsurance arrangement products.
China Reinsurance (Group) Corporation Fundamentals Summary
| 1508 fundamental statistics | |
|---|---|
| Market cap | HK$39.08b |
| Earnings (TTM) | HK$10.07b |
| Revenue (TTM) | HK$109.96b |
3.7x
P/E Ratio0.3x
P/S RatioIs 1508 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1508 income statement (TTM) | |
|---|---|
| Revenue | CN¥102.32b |
| Cost of Revenue | CN¥85.77b |
| Gross Profit | CN¥16.55b |
| Other Expenses | CN¥7.18b |
| Earnings | CN¥9.37b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.22 |
| Gross Margin | 16.17% |
| Net Profit Margin | 9.16% |
| Debt/Equity Ratio | 67.5% |
How did 1508 perform over the long term?
See historical performance and comparison