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966 logo

China Taiping Insurance Holdings SHSC:966 Stock Report

Last Price

HK$11.78

Market Cap

HK$42.3b

7D

-5.2%

1Y

85.5%

Updated

19 Dec, 2024

Data

Company Financials +

China Taiping Insurance Holdings Company Limited

SHSC:966 Stock Report

Market Cap: HK$42.3b

966 Stock Overview

An investment holding company, underwrites various insurance and reinsurance products in the People’s Republic of China, Hong Kong, Macau, Singapore, and internationally. More details

966 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance4/6
Financial Health4/6
Dividends2/6

Rewards

Trading at 76.8% below our estimate of its fair value

Earnings are forecast to grow 12.57% per year

Earnings grew by 23.1% over the past year

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for 966 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

China Taiping Insurance Holdings Company Limited Competitors

Sunshine Insurance Group

SEHK:6963

HK$31.5b

Yunfeng Financial Group

SEHK:376

HK$4.1b

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 China Taiping Insurance Holdings
Historical stock prices
Current Share PriceHK$11.78
52 Week HighHK$16.60
52 Week LowHK$5.62
Beta0.94
1 Month Change-6.51%
3 Month Change19.59%
1 Year Change85.51%
3 Year Change9.89%
5 Year Change-38.07%
Change since IPO-35.70%

Recent News & Updates

Recent updates

Shareholder Returns

966HK InsuranceHK Market
7D-5.2%-3.6%-0.9%
1Y85.5%22.9%19.2%

Return vs Industry: 966 exceeded the Hong Kong Insurance industry which returned 22.9% over the past year.

Return vs Market: 966 exceeded the Hong Kong Market which returned 19.2% over the past year.

Price Volatility

Is 966's price volatile compared to industry and market?
966 volatility
966 Average Weekly Movement9.8%
Insurance Industry Average Movement9.7%
Market Average Movement8.9%
10% most volatile stocks in HK Market18.7%
10% least volatile stocks in HK Market4.1%

Stable Share Price: 966 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 966's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200063,673n/awww.ctih.cntaiping.com

China Taiping Insurance Holdings Company Limited, an investment holding company, underwrites various insurance and reinsurance products in the People’s Republic of China, Hong Kong, Macau, Singapore, and internationally. The company operates through three segments: Life Insurance Business, Property and Casualty Insurance Business, and Reinsurance Business. The Life Insurance Business segment provides life insurance products, such as corporate and personal retirement insurance, group life insurance, individual insurance, health insurance, and accident insurance products and annuities.

China Taiping Insurance Holdings Company Limited Fundamentals Summary

How do China Taiping Insurance Holdings's earnings and revenue compare to its market cap?
966 fundamental statistics
Market capHK$42.34b
Earnings (TTM)HK$5.99b
Revenue (TTM)HK$120.44b

7.1x

P/E Ratio

0.4x

P/S Ratio

Is 966 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
966 income statement (TTM)
RevenueHK$120.44b
Cost of RevenueHK$87.60b
Gross ProfitHK$32.84b
Other ExpensesHK$26.84b
EarningsHK$5.99b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.67
Gross Margin27.26%
Net Profit Margin4.98%
Debt/Equity Ratio92.4%

How did 966 perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

18%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 23:59
End of Day Share Price 2024/12/19 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

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

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