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1508

China Reinsurance (Group) SEHK:1508 Stock Report

Last Price

HK$0.43

Market Cap

HK$18.3b

7D

-2.3%

1Y

-20.4%

Updated

10 Dec, 2023

Data

Company Financials +

China Reinsurance (Group) Corporation

SEHK:1508 Stock Report

Mkt Cap: HK$18.3b

1508 Stock Overview

China Reinsurance (Group) Corporation, together with its subsidiaries, operates as a reinsurance company in the People's Republic of China and internationally.

1508 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance3/6
Financial Health3/6
Dividends3/6

China Reinsurance (Group) Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China Reinsurance (Group)
Historical stock prices
Current Share PriceHK$0.43
52 Week HighHK$0.66
52 Week LowHK$0.42
Beta0.83
1 Month Change-2.27%
3 Month Change-14.00%
1 Year Change-20.37%
3 Year Change-45.57%
5 Year Change-73.13%
Change since IPO-84.07%

Recent News & Updates

Recent updates

Here's Why I Think China Reinsurance (Group) (HKG:1508) Might Deserve Your Attention Today

Nov 08
Here's Why I Think China Reinsurance (Group) (HKG:1508) Might Deserve Your Attention Today

Key Things To Watch Out For If You Are After China Reinsurance (Group) Corporation's (HKG:1508) 6.0% Dividend

Apr 24
Key Things To Watch Out For If You Are After China Reinsurance (Group) Corporation's (HKG:1508) 6.0% Dividend

Reflecting on China Reinsurance (Group)'s (HKG:1508) Share Price Returns Over The Last Five Years

Feb 28
Reflecting on China Reinsurance (Group)'s (HKG:1508) Share Price Returns Over The Last Five Years

Is China Reinsurance (Group) Corporation (HKG:1508) The Right Choice For A Smart Dividend Investor?

Jan 24
Is China Reinsurance (Group) Corporation (HKG:1508) The Right Choice For A Smart Dividend Investor?

China Reinsurance (Group)'s(HKG:1508) Share Price Is Down 67% Over The Past Five Years.

Nov 29
China Reinsurance (Group)'s(HKG:1508) Share Price Is Down 67% Over The Past Five Years.

Shareholder Returns

1508HK InsuranceHK Market
7D-2.3%-4.9%-2.6%
1Y-20.4%-24.1%-15.1%

Return vs Industry: 1508 exceeded the Hong Kong Insurance industry which returned -24.1% over the past year.

Return vs Market: 1508 underperformed the Hong Kong Market which returned -15.1% over the past year.

Price Volatility

Is 1508's price volatile compared to industry and market?
1508 volatility
1508 Average Weekly Movement3.5%
Insurance Industry Average Movement4.0%
Market Average Movement6.5%
10% most volatile stocks in HK Market14.3%
10% least volatile stocks in HK Market3.2%

Stable Share Price: 1508 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 1508's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194951,550Qianzhi Zhuanghttps://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

How do China Reinsurance (Group)'s earnings and revenue compare to its market cap?
1508 fundamental statistics
Market CapHK$18.27b
Earnings (TTM)HK$3.72b
Revenue (TTM)HK$191.80b

4.9x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1508 income statement (TTM)
RevenueCN¥175.98b
Cost of RevenueCN¥153.49b
Gross ProfitCN¥22.50b
Other ExpensesCN¥19.08b
EarningsCN¥3.42b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.08
Gross Margin12.78%
Net Profit Margin1.94%
Debt/Equity Ratio65.8%

How did 1508 perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

17%

Payout Ratio