The First Insurance Co., Ltd.

TWSE:2852 Stock Report

Market Cap: NT$8.1b

First Insurance Past Earnings Performance

Past criteria checks 3/6

First Insurance has been growing earnings at an average annual rate of 17%, while the Insurance industry saw earnings growing at 10.1% annually. Revenues have been growing at an average rate of 5.2% per year. First Insurance's return on equity is 9.5%, and it has net margins of 11.8%.

Key information

16.97%

Earnings growth rate

16.97%

EPS growth rate

Insurance Industry Growth4.22%
Revenue growth rate5.19%
Return on equity9.50%
Net Margin11.85%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Analysis Article Jul 12

First Insurance (TWSE:2852) Is Increasing Its Dividend To NT$1.13

The board of The First Insurance Co., Ltd. ( TWSE:2852 ) has announced that it will be paying its dividend of NT$1.13...
Analysis Article May 08

Market Might Still Lack Some Conviction On The First Insurance Co., Ltd. (TWSE:2852) Even After 25% Share Price Boost

Despite an already strong run, The First Insurance Co., Ltd. ( TWSE:2852 ) shares have been powering on, with a gain of...
Analysis Article Apr 13

Are Dividend Investors Getting More Than They Bargained For With The First Insurance Co., Ltd.'s (TPE:2852) Dividend?

Today we'll take a closer look at The First Insurance Co., Ltd. ( TPE:2852 ) from a dividend investor's perspective...
Analysis Article Feb 17

First Insurance (TPE:2852) Has Compensated Shareholders With A Respectable 44% Return On Their Investment

If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to...
Analysis Article Jan 13

How Does The First Insurance Co., Ltd. (TPE:2852) Fare As A Dividend Stock?

Dividend paying stocks like The First Insurance Co., Ltd. ( TPE:2852 ) tend to be popular with investors, and for good...
Analysis Article Dec 09

The Market Doesn't Like What It Sees From The First Insurance Co., Ltd.'s (TPE:2852) Earnings Yet

The First Insurance Co., Ltd.'s ( TPE:2852 ) price-to-earnings (or "P/E") ratio of 12.3x might make it look like a buy...

Revenue & Expenses Breakdown

How First Insurance makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:2852 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 267,5498941,3180
31 Dec 257,6138801,3180
30 Sep 258,1688911,1850
30 Jun 258,1868821,1880
31 Mar 258,2579361,2140
31 Dec 247,7569031,6080
30 Sep 247,7489091,5750
30 Jun 247,6878811,5790
31 Mar 247,5568161,5460
31 Dec 237,3896361,5340
30 Sep 237,1905311,5160
30 Jun 237,1125581,5060
31 Mar 236,9275181,5010
31 Dec 226,8435591,5040
30 Sep 226,8196181,5320
30 Jun 226,7736551,5180
31 Mar 226,6545991,5160
31 Dec 216,5625531,4760
30 Sep 216,4454331,4420
30 Jun 216,2732941,4350
31 Mar 216,2823951,4120
31 Dec 205,8941531,4000
30 Sep 205,9313251,3840
30 Jun 205,8633201,3540
31 Mar 205,486331,3470
31 Dec 196,0705811,3400
30 Sep 195,8393711,3300
30 Jun 195,8504071,3210
31 Mar 196,2497251,3170
31 Dec 186,1094911,3140
30 Sep 186,2436131,2980
30 Jun 186,2916951,2920
31 Mar 186,1134501,2400
31 Dec 175,9164601,2430
30 Sep 175,8865451,2340
30 Jun 175,7794841,2180
31 Mar 175,7465151,2220
31 Dec 165,6174801,2030
30 Sep 165,5474351,1680
30 Jun 165,195801,1650
31 Mar 165,1051861,1600
31 Dec 155,0541951,1280
30 Sep 154,9311991,1320

Quality Earnings: 2852 has high quality earnings.

Growing Profit Margin: 2852's current net profit margins (11.8%) are higher than last year (11.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2852's earnings have grown by 17% per year over the past 5 years.

Accelerating Growth: 2852's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2852 had negative earnings growth (-4.5%) over the past year, making it difficult to compare to the Insurance industry average (76.5%).


Return on Equity

High ROE: 2852's Return on Equity (9.5%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/02 21:20
End of Day Share Price 2026/07/31 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

The First Insurance Co., Ltd. is covered by 0 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.