6963 Stock Overview

Provides various insurance products and related services in the People’s Republic of China. More details

6963 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	1/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 71.6% below our estimate of its fair value

Earnings are forecast to grow 17.01% per year

Risk Analysis

No risks detected for 6963 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Sunshine Insurance Group Company Limited Competitors

China Taiping Insurance Holdings

SEHK:966

HK$41.8b

Yunfeng Financial Group

SEHK:376

HK$4.0b

AIA Group

SEHK:1299

HK$589.7b

China Life Insurance

SEHK:2628

HK$1.0t

Price History & Performance

Summary of share price highs, lows and changes for Sunshine Insurance Group
Historical stock prices
Current Share Price	HK$2.71
52 Week High	HK$4.11
52 Week Low	HK$2.43
Beta	0.23
1 Month Change	-3.90%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	11.07%

Recent updates

Shareholder Returns

	6963	HK Insurance	HK Market
7D	-3.2%	-2.1%	-0.5%
1Y	n/a	21.2%	19.9%

Return vs Industry: Insufficient data to determine how 6963 performed against the Hong Kong Insurance industry.

Return vs Market: Insufficient data to determine how 6963 performed against the Hong Kong Market.

Price Volatility

Is 6963's price volatile compared to industry and market?
6963 volatility
6963 Average Weekly Movement	9.8%
Insurance Industry Average Movement	9.7%
Market Average Movement	8.8%
10% most volatile stocks in HK Market	18.6%
10% least volatile stocks in HK Market	4.1%

Stable Share Price: 6963 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: Insufficient data to determine 6963's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2005	49,078	Weigong Zhang	www.sinosig.com

Sunshine Insurance Group Company Limited provides various insurance products and related services in the People’s Republic of China. It operates through Life Insurance, Property and Casualty Insurance, and Other Businesses. The company offers life, health, and accident insurance products; property and casualty insurance products comprising automobile, accident, short-term health, guarantee, liability, agriculture, and commercial property insurance products.

Sunshine Insurance Group Company Limited Fundamentals Summary

How do Sunshine Insurance Group's earnings and revenue compare to its market cap?
6963 fundamental statistics
Market cap	HK$31.17b
Earnings (TTM)	HK$4.25b
Revenue (TTM)	HK$80.63b

7.3x

P/E Ratio

0.4x

P/S Ratio

Is 6963 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6963 income statement (TTM)
Revenue	CN¥75.66b
Cost of Revenue	CN¥59.64b
Gross Profit	CN¥16.02b
Other Expenses	CN¥12.03b
Earnings	CN¥3.99b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.35
Gross Margin	21.17%
Net Profit Margin	5.27%
Debt/Equity Ratio	68.3%

How did 6963 perform over the long term?

See historical performance and comparison

Dividends

7.1%

Current Dividend Yield

52%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 13:57
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Sunshine Insurance Group Company Limited is covered by 5 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Yung Chen	CCB International Securities Limited
Qingqing Mao	China International Capital Corporation Limited
Chengdun Tong	Citic Securities Co., Ltd.

Sunshine Insurance Group SHSC:6963 Stock Report