Shinkong Insurance Co., Ltd. Logo

Shinkong Insurance Co., Ltd.

2850.TW

(3.2)
Stock Price

99,30 TWD

7.53% ROA

19.47% ROE

8.69x PER

Market Cap.

29.795.310.900,00 TWD

0.29% DER

5.29% Yield

16.82% NPM

Shinkong Insurance Co., Ltd. Stock Analysis

Shinkong Insurance Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Shinkong Insurance Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (0%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

4 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

5 ROE

ROE in an average range (14.57%) suggests satisfactory profitability and decent utilization of shareholders' equity.

6 ROA

The stock's ROA (4.65%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

7 PBV

The stock's PBV ratio (1.38x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

8 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

9 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (721), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

10 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Shinkong Insurance Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Shinkong Insurance Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Shinkong Insurance Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Shinkong Insurance Co., Ltd. Revenue
Year Revenue Growth
2006 18.407.663.000
2007 18.712.465.000 1.63%
2008 19.460.947.000 3.85%
2009 14.453.396.000 -34.65%
2010 15.532.366.000 6.95%
2011 8.837.252.000 -75.76%
2012 9.274.065.000 4.71%
2013 10.049.686.000 7.72%
2014 11.000.465.000 8.64%
2015 11.955.989.000 7.99%
2016 12.767.896.000 6.36%
2017 13.958.399.000 8.53%
2018 14.749.316.000 5.36%
2019 15.531.150.000 5.03%
2020 16.510.114.000 5.93%
2021 18.464.057.000 10.58%
2022 18.930.606.000 2.46%
2023 21.107.600.000 10.31%
2023 19.938.669.000 -5.86%
2024 19.800.492.000 -0.7%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Shinkong Insurance Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Shinkong Insurance Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 1.923.474.000 100%
2010 1.994.403.000 3.56%
2011 2.033.345.000 1.92%
2012 2.114.733.000 3.85%
2013 2.254.156.000 6.19%
2014 2.456.437.000 8.23%
2015 2.615.812.000 6.09%
2016 2.665.589.000 1.87%
2017 2.863.731.000 6.92%
2018 3.142.131.000 8.86%
2019 3.223.060.000 2.51%
2020 3.370.449.000 4.37%
2021 3.623.619.000 6.99%
2022 3.742.242.000 3.17%
2023 3.413.180.000 -9.64%
2023 3.669.282.000 6.98%
2024 3.909.728.000 6.15%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Shinkong Insurance Co., Ltd. EBITDA
Year EBITDA Growth
2006 525.186.000
2007 597.700.000 12.13%
2008 485.426.000 -23.13%
2009 1.034.469.000 53.07%
2010 1.562.387.000 33.79%
2011 819.936.000 -90.55%
2012 941.591.000 12.92%
2013 1.185.129.000 20.55%
2014 1.279.791.000 7.4%
2015 1.540.916.000 16.95%
2016 1.247.838.000 -23.49%
2017 1.642.252.000 24.02%
2018 2.097.509.000 21.7%
2019 2.047.799.000 -2.43%
2020 2.159.747.000 5.18%
2021 2.793.173.000 22.68%
2022 2.580.473.000 -8.24%
2023 3.980.452.000 35.17%
2023 3.495.059.000 -13.89%
2024 80.240.000 -4255.76%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Shinkong Insurance Co., Ltd. Gross Profit
Year Gross Profit Growth
2006 18.407.663.000
2007 18.712.465.000 1.63%
2008 19.460.947.000 3.85%
2009 14.453.396.000 -34.65%
2010 15.532.366.000 6.95%
2011 8.837.252.000 -75.76%
2012 9.274.065.000 4.71%
2013 10.049.686.000 7.72%
2014 11.000.465.000 8.64%
2015 11.955.989.000 7.99%
2016 12.767.896.000 6.36%
2017 13.958.399.000 8.53%
2018 14.749.316.000 5.36%
2019 15.531.150.000 5.03%
2020 16.510.114.000 5.93%
2021 18.464.057.000 10.58%
2022 18.930.606.000 2.46%
2023 21.107.600.000 10.31%
2023 19.938.669.000 -5.86%
2024 19.800.492.000 -0.7%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Shinkong Insurance Co., Ltd. Net Profit
Year Net Profit Growth
2006 437.867.000
2007 482.747.000 9.3%
2008 389.154.000 -24.05%
2009 790.168.000 50.75%
2010 1.514.518.000 47.83%
2011 565.138.000 -167.99%
2012 753.256.000 24.97%
2013 971.678.000 22.48%
2014 1.035.595.000 6.17%
2015 1.255.515.000 17.52%
2016 1.056.556.000 -18.83%
2017 1.364.910.000 22.59%
2018 1.770.368.000 22.9%
2019 1.562.053.000 -13.34%
2020 1.629.724.000 4.15%
2021 2.253.993.000 27.7%
2022 2.003.570.000 -12.5%
2023 3.982.568.000 49.69%
2023 2.914.183.000 -36.66%
2024 3.231.900.000 9.83%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Shinkong Insurance Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 1
2007 2 0%
2008 1 0%
2009 3 50%
2010 5 50%
2011 2 -300%
2012 2 50%
2013 3 33.33%
2014 3 0%
2015 4 0%
2016 3 0%
2017 4 25%
2018 6 20%
2019 5 -25%
2020 5 20%
2021 7 28.57%
2022 6 -16.67%
2023 13 50%
2023 9 -33.33%
2024 10 10%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Shinkong Insurance Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2006 35.001.000
2007 920.222.000 96.2%
2008 26.947.000 -3314.93%
2009 595.560.000 95.48%
2010 577.729.000 -3.09%
2011 1.671.093.000 65.43%
2012 -271.310.000 715.93%
2013 702.498.000 138.62%
2014 262.001.000 -168.13%
2015 2.440.140.000 89.26%
2016 1.085.347.000 -124.83%
2017 1.528.014.000 28.97%
2018 3.426.393.000 55.4%
2019 782.488.000 -337.88%
2020 2.066.887.000 62.14%
2021 1.632.431.000 -26.61%
2022 98.484.000 -1557.56%
2023 1.515.868.000 93.5%
2023 -411.851.000 468.06%
2024 -648.431.000 36.48%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Shinkong Insurance Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 79.663.000
2007 931.981.000 91.45%
2008 778.476.000 -19.72%
2009 618.118.000 -25.94%
2010 733.209.000 15.7%
2011 1.725.501.000 57.51%
2012 -252.839.000 782.45%
2013 749.532.000 133.73%
2014 318.939.000 -135.01%
2015 2.487.933.000 87.18%
2016 1.132.686.000 -119.65%
2017 1.570.869.000 27.89%
2018 3.475.888.000 54.81%
2019 925.263.000 -275.66%
2020 2.107.744.000 56.1%
2021 1.695.140.000 -24.34%
2022 178.014.000 -852.25%
2023 1.592.704.000 88.82%
2023 -398.531.000 499.64%
2024 -631.934.000 36.93%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Shinkong Insurance Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 44.662.000
2007 11.759.000 -279.81%
2008 751.529.000 98.44%
2009 22.558.000 -3231.54%
2010 155.480.000 85.49%
2011 54.408.000 -185.77%
2012 18.471.000 -194.56%
2013 47.034.000 60.73%
2014 56.938.000 17.39%
2015 47.793.000 -19.13%
2016 47.339.000 -0.96%
2017 42.855.000 -10.46%
2018 49.495.000 13.42%
2019 142.775.000 65.33%
2020 40.857.000 -249.45%
2021 62.709.000 34.85%
2022 79.530.000 21.15%
2023 76.836.000 -3.51%
2023 13.320.000 -476.85%
2024 16.497.000 19.26%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Shinkong Insurance Co., Ltd. Equity
Year Equity Growth
2006 4.552.693.000
2007 4.265.093.000 -6.74%
2008 3.211.351.000 -32.81%
2009 5.311.525.000 39.54%
2010 6.519.313.000 18.53%
2011 5.391.439.000 -20.92%
2012 6.130.791.000 12.06%
2013 6.921.833.000 11.43%
2014 7.690.901.000 10%
2015 8.371.313.000 8.13%
2016 8.511.512.000 1.65%
2017 9.813.735.000 13.27%
2018 10.591.831.000 7.35%
2019 11.674.266.000 9.27%
2020 13.223.700.000 11.72%
2021 15.257.232.000 13.33%
2022 15.029.955.000 -1.51%
2023 16.633.692.000 9.64%
2023 17.518.829.000 5.05%
2024 17.873.017.000 1.98%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Shinkong Insurance Co., Ltd. Assets
Year Assets Growth
2006 15.032.829.000
2007 15.877.641.000 5.32%
2008 18.310.900.000 13.29%
2009 20.942.004.000 12.56%
2010 23.341.002.000 10.28%
2011 23.202.606.000 -0.6%
2012 24.191.656.000 4.09%
2013 25.218.980.000 4.07%
2014 27.945.273.000 9.76%
2015 28.402.590.000 1.61%
2016 31.330.379.000 9.34%
2017 32.050.676.000 2.25%
2018 33.032.901.000 2.97%
2019 35.546.394.000 7.07%
2020 39.472.341.000 9.95%
2021 43.885.480.000 10.06%
2022 44.004.686.000 0.27%
2023 46.413.239.000 5.19%
2023 47.028.758.000 1.31%
2024 45.565.913.000 -3.21%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Shinkong Insurance Co., Ltd. Liabilities
Year Liabilities Growth
2006 10.480.136.000
2007 11.612.548.000 9.75%
2008 15.099.549.000 23.09%
2009 15.630.479.000 3.4%
2010 16.821.689.000 7.08%
2011 17.811.167.000 5.56%
2012 18.060.865.000 1.38%
2013 18.297.147.000 1.29%
2014 20.254.372.000 9.66%
2015 20.031.277.000 -1.11%
2016 22.818.867.000 12.22%
2017 22.236.941.000 -2.62%
2018 22.441.070.000 0.91%
2019 23.872.128.000 5.99%
2020 26.248.641.000 9.05%
2021 28.628.248.000 8.31%
2022 28.974.731.000 1.2%
2023 29.779.547.000 2.7%
2023 29.509.929.000 -0.91%
2024 27.692.896.000 -6.56%

Shinkong Insurance Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
64.53
Net Income per Share
10.86
Price to Earning Ratio
8.69x
Price To Sales Ratio
1.46x
POCF Ratio
23.33
PFCF Ratio
24.71
Price to Book Ratio
1.67
EV to Sales
0.82
EV Over EBITDA
5.56
EV to Operating CashFlow
13.13
EV to FreeCashFlow
13.9
Earnings Yield
0.12
FreeCashFlow Yield
0.04
Market Cap
29,80 Bil.
Enterprise Value
16,77 Bil.
Graham Number
117.55
Graham NetNet
-45.34

Income Statement Metrics

Net Income per Share
10.86
Income Quality
0.32
ROE
0.19
Return On Assets
0.08
Return On Capital Employed
0.09
Net Income per EBT
0.83
EBT Per Ebit
1.42
Ebit per Revenue
0.14
Effective Tax Rate
0.17

Margins

Sales, General, & Administrative to Revenue
0.19
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
1
Operating Profit Margin
0.14
Pretax Profit Margin
0.2
Net Profit Margin
0.17

Dividends

Dividend Yield
0.05
Dividend Yield %
5.29
Payout Ratio
0
Dividend Per Share
4.99

Operating Metrics

Operating Cashflow per Share
4.04
Free CashFlow per Share
3.82
Capex to Operating CashFlow
0.06
Capex to Revenue
0
Capex to Depreciation
0.73
Return on Invested Capital
0.13
Return on Tangible Assets
0.08
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0.22

Balance Sheet

Cash per Share
42,30
Book Value per Share
56,57
Tangible Book Value per Share
56.49
Shareholders Equity per Share
56.57
Interest Debt per Share
0.16
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
-4.32
Current Ratio
1.24
Tangible Asset Value
17,85 Bil.
Net Current Asset Value
-9,99 Bil.
Invested Capital
4622630000
Working Capital
3,41 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
3,09 Bil.
Average Inventory
0
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Shinkong Insurance Co., Ltd. Dividends
Year Dividends Growth
2001 1
2002 0 0%
2004 0 0%
2005 0 0%
2006 1 0%
2007 0 0%
2008 1 0%
2010 3 100%
2011 2 -100%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 2 0%
2017 2 0%
2018 2 0%
2019 3 50%
2020 2 -100%
2021 2 0%
2022 3 66.67%
2023 3 -50%
2024 5 50%

Shinkong Insurance Co., Ltd. Profile

About Shinkong Insurance Co., Ltd.

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

CEO
Ms. Ying-Lan Ho
Employee
1.536
Address
No.15, Jianguo North Road
Taipei, 104

Shinkong Insurance Co., Ltd. Executives & BODs

Shinkong Insurance Co., Ltd. Executives & BODs
# Name Age
1 Mr. Shih-Hsien Tsai
Vice President
70
2 Ms. Si-Yi Li
Vice President
70
3 Ms. Pao-Kuei Chang
Assistant Vice President & Head of Finance Department
70
4 Mr. Yu-Sheng Wang
Vice President & Chief Risk Officer
70
5 Ms. Tseng Ya-Fang
Chief Financial Officer & Head of Accounting Department
70
6 Mr. Jih-Chin Yeh
Vice President
70
7 Ms. Ying-Lan Ho
President & Director
70
8 Mr. Kun-Yi Tu
Senior Vice President
70
9 Mr. Hsien-Tang Lin
Chief Compliance Officer, Vice President and Manager of Legal & Compliance Department
70
10 Mr. Chong Wen Liu
Senior Vice President
70

Shinkong Insurance Co., Ltd. Competitors