China Taiping Insurance Holdings Company Limited

SEHK:966 Stock Report

Market Cap: HK$42.3b

China Taiping Insurance Holdings Past Earnings Performance

Past criteria checks 4/6

China Taiping Insurance Holdings's earnings have been declining at an average annual rate of -9.2%, while the Insurance industry saw earnings declining at 6.2% annually. Revenues have been declining at an average rate of 17.7% per year. China Taiping Insurance Holdings's return on equity is 8.9%, and it has net margins of 5%.

Key information

-9.2%

Earnings growth rate

-9.2%

EPS growth rate

Insurance Industry Growth-1.3%
Revenue growth rate-17.7%
Return on equity8.9%
Net Margin5.0%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

A Piece Of The Puzzle Missing From China Taiping Insurance Holdings Company Limited's (HKG:966) 54% Share Price Climb

Oct 13
A Piece Of The Puzzle Missing From China Taiping Insurance Holdings Company Limited's (HKG:966) 54% Share Price Climb

Further Upside For China Taiping Insurance Holdings Company Limited (HKG:966) Shares Could Introduce Price Risks After 27% Bounce

Aug 28
Further Upside For China Taiping Insurance Holdings Company Limited (HKG:966) Shares Could Introduce Price Risks After 27% Bounce

China Taiping Insurance Holdings' (HKG:966) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 28
China Taiping Insurance Holdings' (HKG:966) Shareholders Will Receive A Bigger Dividend Than Last Year

China Taiping Insurance Holdings Company Limited's (HKG:966) Shares Leap 29% Yet They're Still Not Telling The Full Story

May 13
China Taiping Insurance Holdings Company Limited's (HKG:966) Shares Leap 29% Yet They're Still Not Telling The Full Story

China Taiping Insurance Holdings (HKG:966) Is Increasing Its Dividend To HK$0.30

Apr 01
China Taiping Insurance Holdings (HKG:966) Is Increasing Its Dividend To HK$0.30

China Taiping Insurance Holdings Company Limited's (HKG:966) Subdued P/E Might Signal An Opportunity

Jan 18
China Taiping Insurance Holdings Company Limited's (HKG:966) Subdued P/E Might Signal An Opportunity

Revenue & Expenses Breakdown

How China Taiping Insurance Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:966 Revenue, expenses and earnings (HKD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 24120,4405,99500
31 Mar 24116,3985,68400
31 Dec 23112,3565,37400
30 Sep 23111,2355,122-3,3690
30 Jun 23110,1164,870-3,3360
31 Mar 23109,1614,583-1,6680
31 Dec 22108,2064,29700
30 Sep 22149,3225,51510,5500
30 Jun 22190,4396,73321,1010
31 Mar 22253,2757,12427,7600
31 Dec 21316,1127,51434,4190
30 Sep 21308,9278,14935,1910
30 Jun 21301,7438,78535,9640
31 Mar 21286,4437,66735,1070
31 Dec 20271,1436,54934,2500
30 Sep 20260,3205,82033,8000
30 Jun 20249,4965,09233,3500
31 Mar 20247,4726,96134,3140
31 Dec 19245,4488,83135,2780
30 Sep 19233,8298,49734,3430
30 Jun 19222,2098,16233,4080
31 Mar 19217,3897,39532,2080
31 Dec 18212,5696,62731,0080
30 Sep 18213,9107,67630,0700
30 Jun 18215,2528,72529,1320
31 Mar 18205,7157,30328,4200
31 Dec 17196,1775,88127,7070
30 Sep 17190,6604,86226,7400
30 Jun 17185,1423,84325,7720
31 Mar 17176,0644,21024,2330
31 Dec 16166,9864,57822,6940
30 Sep 16165,1223,95322,9020
30 Jun 16163,2583,32923,1100
31 Mar 16162,6304,70823,2500
31 Dec 15162,0026,08823,3910
30 Sep 15147,9696,92222,1280
30 Jun 15133,9357,75520,8660
31 Mar 15110,1615,85919,6420
31 Dec 1486,3863,96318,4180
30 Sep 1489,7413,43216,8870
30 Jun 1493,0952,90015,3560
31 Mar 1493,8392,27714,6430
31 Dec 1394,5831,65313,9310

Quality Earnings: 966 has high quality earnings.

Growing Profit Margin: 966's current net profit margins (5%) are higher than last year (4.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 966's earnings have declined by 9.2% per year over the past 5 years.

Accelerating Growth: 966's earnings growth over the past year (23.1%) exceeds its 5-year average (-9.2% per year).

Earnings vs Industry: 966 earnings growth over the past year (23.1%) exceeded the Insurance industry 19.6%.


Return on Equity

High ROE: 966's Return on Equity (8.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 11:12
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

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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 Taiping Insurance Holdings Company Limited is covered by 38 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark William KellockBarclays
Wenbing LiBOCOM International Securities Limited
Katherine HuBofA Global Research