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Shinkong Insurance TWSE:2850 Stock Report

Last Price

NT$83.30

Market Cap

NT$26.3b

7D

0.2%

1Y

69.3%

Updated

26 Mar, 2024

Data

Company Financials

Shinkong Insurance Co., Ltd.

TWSE:2850 Stock Report

Market Cap: NT$26.3b

2850 Stock Overview

Shinkong Insurance Co., Ltd. provides property insurance to individuals and corporates in Taiwan.

2850 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends4/6

Shinkong Insurance Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shinkong Insurance
Historical stock prices
Current Share PriceNT$83.30
52 Week HighNT$86.50
52 Week LowNT$48.90
Beta0.35
1 Month Change21.61%
3 Month Change21.25%
1 Year Change69.31%
3 Year Change110.89%
5 Year Change114.97%
Change since IPO497.54%

Recent News & Updates

Recent updates

Did You Participate In Any Of Shinkong Insurance's (TPE:2850) Fantastic 123% Return ?

Mar 15
Did You Participate In Any Of Shinkong Insurance's (TPE:2850) Fantastic 123% Return ?

Why Shinkong Insurance Co., Ltd. (TPE:2850) Is A Top Dividend Stock

Feb 17
Why Shinkong Insurance Co., Ltd. (TPE:2850) Is A Top Dividend Stock

Is Shinkong Insurance Co., Ltd.'s (TPE:2850) Stock's Recent Performance A Reflection Of Its Financial Health?

Jan 11
Is Shinkong Insurance Co., Ltd.'s (TPE:2850) Stock's Recent Performance A Reflection Of Its Financial Health?

Did You Participate In Any Of Shinkong Insurance's (TPE:2850) Fantastic 124% Return ?

Dec 15
Did You Participate In Any Of Shinkong Insurance's (TPE:2850) Fantastic 124% Return ?

Shinkong Insurance Co., Ltd. (TPE:2850) Is An Attractive Dividend Stock - Here's Why

Nov 19
Shinkong Insurance Co., Ltd. (TPE:2850) Is An Attractive Dividend Stock - Here's Why

Shareholder Returns

2850TW InsuranceTW Market
7D0.2%0.02%1.5%
1Y69.3%19.8%26.1%

Return vs Industry: 2850 exceeded the TW Insurance industry which returned 19.8% over the past year.

Return vs Market: 2850 exceeded the TW Market which returned 26.1% over the past year.

Price Volatility

Is 2850's price volatile compared to industry and market?
2850 volatility
2850 Average Weekly Movement3.9%
Insurance Industry Average Movement2.1%
Market Average Movement4.2%
10% most volatile stocks in TW Market8.0%
10% least volatile stocks in TW Market1.9%

Stable Share Price: 2850 has not had significant price volatility in the past 3 months.

Volatility Over Time: 2850's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19631,577Ying-Lan Hohttps://www.skinsurance.com.tw

Shinkong Insurance Co., Ltd. provides property insurance to individuals and corporates in Taiwan. It offers fire, motor, engineering, liability, marine, accident, and health insurance products. The company was incorporated in 1963 and is headquartered in Taipei, Taiwan.

Shinkong Insurance Co., Ltd. Fundamentals Summary

How do Shinkong Insurance's earnings and revenue compare to its market cap?
2850 fundamental statistics
Market capNT$26.32b
Earnings (TTM)NT$2.91b
Revenue (TTM)NT$19.88b

9.0x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2850 income statement (TTM)
RevenueNT$19.88b
Cost of RevenueNT$12.64b
Gross ProfitNT$7.24b
Other ExpensesNT$4.33b
EarningsNT$2.91b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)9.22
Gross Margin36.43%
Net Profit Margin14.66%
Debt/Equity Ratio0%

How did 2850 perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

30%

Payout Ratio
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