company background image
2850 logo

Shinkong Insurance TWSE:2850 Stock Report

Last Price

NT$92.10

Market Cap

NT$29.2b

7D

-4.3%

1Y

75.8%

Updated

05 Jul, 2024

Data

Company Financials

Shinkong Insurance Co., Ltd.

TWSE:2850 Stock Report

Market Cap: NT$29.2b

2850 Stock Overview

Provides property insurance to individuals and corporates in Taiwan.

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

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$92.10
52 Week HighNT$105.00
52 Week LowNT$51.80
Beta0.40
11 Month Change-3.86%
3 Month Change7.72%
1 Year Change75.76%
33 Year Change117.73%
5 Year Change140.78%
Change since IPO560.66%

Recent News & Updates

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

Recent updates

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-4.3%5.0%2.7%
1Y75.8%40.9%38.2%

Return vs Industry: 2850 exceeded the TW Insurance industry which returned 40.9% over the past year.

Return vs Market: 2850 exceeded the TW Market which returned 38.2% over the past year.

Price Volatility

Is 2850's price volatile compared to industry and market?
2850 volatility
2850 Average Weekly Movement5.0%
Insurance Industry Average Movement4.2%
Market Average Movement4.7%
10% most volatile stocks in TW Market8.6%
10% least volatile stocks in TW Market2.2%

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

Volatility Over Time: 2850's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19631,546Ying-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$29.23b
Earnings (TTM)NT$3.34b
Revenue (TTM)NT$20.20b

8.7x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2850 income statement (TTM)
RevenueNT$20.20b
Cost of RevenueNT$12.62b
Gross ProfitNT$7.58b
Other ExpensesNT$4.24b
EarningsNT$3.34b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)10.57
Gross Margin37.53%
Net Profit Margin16.54%
Debt/Equity Ratio0%

How did 2850 perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

47%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.