Sunshine Insurance Group Past Earnings Performance

Past criteria checks 1/6

Sunshine Insurance Group's earnings have been declining at an average annual rate of -9.4%, while the Insurance industry saw earnings declining at 6.2% annually. Revenues have been growing at an average rate of 8.6% per year. Sunshine Insurance Group's return on equity is 6.7%, and it has net margins of 5.3%.

Key information

-9.4%

Earnings growth rate

-11.9%

EPS growth rate

Insurance Industry Growth	-1.3%
Revenue growth rate	8.6%
Return on equity	6.7%
Net Margin	5.3%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Sunshine Insurance Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSC:6963 Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	75,658	3,986	6,938
31 Mar 24	73,852	3,862	6,508
31 Dec 23	72,045	3,738	6,078
30 Sep 23	70,853	4,235	5,491
30 Jun 23	69,661	4,732	4,904
31 Mar 23	68,132	4,613	4,789
31 Dec 22	66,602	4,494	4,673
30 Sep 22	78,432	5,631	7,986
30 Jun 22	90,261	6,768	11,298
31 Mar 22	105,115	6,326	14,577
31 Dec 21	119,969	5,883	17,856
31 Dec 20	115,059	5,619	21,070
31 Dec 19	100,837	5,086	20,575

Quality Earnings: 6963 has high quality earnings.

Growing Profit Margin: 6963's current net profit margins (5.3%) are lower than last year (6.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 6963's earnings have declined by 9.4% per year over the past 5 years.

Accelerating Growth: 6963's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 6963 had negative earnings growth (-15.8%) over the past year, making it difficult to compare to the Insurance industry average (19.6%).

Return on Equity

High ROE: 6963's Return on Equity (6.7%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

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.