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Shinkong Insurance TWSE:2850 Stock Report

Last Price

NT$101.50

Market Cap

NT$32.1b

7D

3.9%

1Y

61.4%

Updated

19 Oct, 2024

Data

Company Financials

Shinkong Insurance Co., Ltd.

TWSE:2850 Stock Report

Market Cap: NT$32.1b

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
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$101.50
52 Week HighNT$105.00
52 Week LowNT$61.40
Beta0.38
11 Month Change8.67%
3 Month Change8.79%
1 Year Change61.37%
33 Year Change126.06%
5 Year Change162.95%
Change since IPO628.09%

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

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

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
7D3.9%2.5%2.3%
1Y61.4%54.7%41.0%

Return vs Industry: 2850 exceeded the TW Insurance industry which returned 54.7% over the past year.

Return vs Market: 2850 exceeded the TW Market which returned 41% over the past year.

Price Volatility

Is 2850's price volatile compared to industry and market?
2850 volatility
2850 Average Weekly Movement3.6%
Insurance Industry Average Movement4.7%
Market Average Movement5.6%
10% most volatile stocks in TW Market9.1%
10% least volatile stocks in TW Market3.0%

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 (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19631,536Ying-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$32.07b
Earnings (TTM)NT$3.43b
Revenue (TTM)NT$20.24b

9.3x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2850 income statement (TTM)
RevenueNT$20.24b
Cost of RevenueNT$12.40b
Gross ProfitNT$7.84b
Other ExpensesNT$4.41b
EarningsNT$3.43b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)10.86
Gross Margin38.75%
Net Profit Margin16.95%
Debt/Equity Ratio0%

How did 2850 perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

46%

Payout Ratio