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Shinkong Insurance TWSE:2850 Stock Report

Last Price

NT$104.50

Market Cap

NT$33.3b

7D

-2.3%

1Y

52.1%

Updated

25 Dec, 2024

Data

Company Financials

Shinkong Insurance Co., Ltd.

TWSE:2850 Stock Report

Market Cap: NT$33.3b

2850 Stock Overview

Provides property insurance to individuals and corporates in Taiwan. More details

2850 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

Shinkong Insurance Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Shinkong Insurance
Historical stock prices
Current Share PriceNT$104.50
52 Week HighNT$108.00
52 Week LowNT$64.30
Beta0.39
1 Month Change2.96%
3 Month Change10.70%
1 Year Change52.11%
3 Year Change120.00%
5 Year Change170.73%
Change since IPO649.61%

Recent News & Updates

Here's Why We Think Shinkong Insurance (TWSE:2850) Is Well Worth Watching

Oct 15
Here's Why We Think Shinkong Insurance (TWSE:2850) Is Well Worth Watching

Recent updates

Here's Why We Think Shinkong Insurance (TWSE:2850) Is Well Worth Watching

Oct 15
Here's Why We Think Shinkong Insurance (TWSE:2850) Is Well Worth Watching

Shinkong Insurance's (TWSE:2850) Dividend Will Be Increased To NT$4.99

May 31
Shinkong Insurance's (TWSE:2850) Dividend Will Be Increased To NT$4.99

Lacklustre Performance Is Driving Shinkong Insurance Co., Ltd.'s (TWSE:2850) Low P/E

May 09
Lacklustre Performance Is Driving Shinkong Insurance Co., Ltd.'s (TWSE:2850) Low P/E

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
7D-2.3%-0.4%0.5%
1Y52.1%47.5%27.8%

Return vs Industry: 2850 exceeded the TW Insurance industry which returned 47.5% over the past year.

Return vs Market: 2850 exceeded the TW Market which returned 27.8% over the past year.

Price Volatility

Is 2850's price volatile compared to industry and market?
2850 volatility
2850 Average Weekly Movement3.0%
Insurance Industry Average Movement2.6%
Market Average Movement4.4%
10% most volatile stocks in TW Market7.8%
10% least volatile stocks in TW Market2.1%

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

Volatility Over Time: 2850's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19631,537Ying-Lan Howww.skinsurance.com.tw

Shinkong Insurance Co., Ltd. provides property insurance to individuals and corporates in Taiwan. The company offers motor insurance, such as voluntary physical damage and automobile liability, and compulsory motor motorcycle liability; fire insurance, including residential fire, earthquake pool, commercial, typhoon, and flood; and marine insurance comprising marine cargo and hull, fishing vessel, aviation, commercial property floater, carriers liability, and forwarders liability. It also provides engineering insurance, such as contractors and erection all risks, contractors plant and machinery, boiler pressure vessel, machinery breakdown, and electronic equipment insurance; liability insurance, including general and professional liability, bond, personal and commercial comprehensive, and miscellaneous; and accident and health insurance comprising group and individual personal accident.

Shinkong Insurance Co., Ltd. Fundamentals Summary

How do Shinkong Insurance's earnings and revenue compare to its market cap?
2850 fundamental statistics
Market capNT$33.33b
Earnings (TTM)NT$3.25b
Revenue (TTM)NT$20.59b

10.2x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2850 income statement (TTM)
RevenueNT$20.59b
Cost of RevenueNT$12.59b
Gross ProfitNT$8.00b
Other ExpensesNT$4.75b
EarningsNT$3.25b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)10.29
Gross Margin38.85%
Net Profit Margin15.78%
Debt/Equity Ratio0%

How did 2850 perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

49%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 08:27
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
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

Shinkong Insurance Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ganesh D.N.Virtua Research Inc.