XHKG1508
Market cap4.54bUSD
Dec 23, Last price
0.85HKD
1D
1.19%
1Q
19.72%
Jan 2017
-53.80%
IPO
-68.86%
Name
China Reinsurance Group Corp
Chart & Performance
Profile
China Reinsurance (Group) Corporation, together with its subsidiaries, operates as a reinsurance company in the People's Republic of China and internationally. It operates through Property and Casualty Reinsurance, Life and Health Reinsurance, Primary Property and Casualty Insurance, Asset Management, and Others segments. The company offers reinsurance products, including motor, commercial and household property, engineering, marine hull, cargo, liability, credit and guarantee, personal accident, health, agriculture, life and annuity, space and aviation, energy, nuclear, etc.; and insurance agency services, such as risk identification, assessment and consulting, insurance program design, insurance procurement, insurance policy management, claim management, disaster and accident prevention management, overall risk management, and reinsurance arrangement products. It also provides asset management, insurance brokerage, risk evaluation and management, underwriting agency, risk advisory, management consulting, and investment management services; and issues bonds. In addition, the company is involved in the e-commerce business; and offers multi-asset investment products, such as project-based financing programs, asset-backed securities, infrastructure investment programs, and real estate investment programs. The company was founded in 1949 and is headquartered in Beijing, the People's Republic of China. China Reinsurance (Group) Corporation is a subsidiary of Central Huijin Investment Ltd.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 94,958,175 -43.28% | 167,410,031 2.11% | 163,950,339 -2.47% | |||||||
Cost of revenue | 14,486,386 | 7,466,600 | 7,445,069 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 80,471,789 | 159,943,431 | 156,505,270 | |||||||
NOPBT Margin | 84.74% | 95.54% | 95.46% | |||||||
Operating Taxes | 534,685 | 726,064 | 1,213,464 | |||||||
Tax Rate | 0.66% | 0.45% | 0.78% | |||||||
NOPAT | 79,937,104 | 159,217,367 | 155,291,806 | |||||||
Net income | 5,652,446 202.06% | 1,871,319 -68.57% | 5,954,062 4.26% | |||||||
Dividends | (594,717) | (1,911,591) | (1,741,672) | |||||||
Dividend yield | 3.08% | 9.09% | 5.47% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | ||||||||||
Long-term debt | 16,293,087 | 4,390,289 | 16,747,670 | |||||||
Deferred revenue | 1,837,653 | 1,694,532 | ||||||||
Other long-term liabilities | 342,117,398 | (2,632,828) | (2,741,884) | |||||||
Net debt | (330,506,064) | (320,149,148) | (257,989,608) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 16,293,405 | 11,709,557 | 9,561,198 | |||||||
CAPEX | (430,941) | (397,683) | (442,697) | |||||||
Cash from investing activities | (14,827,839) | (6,802,323) | (15,569,799) | |||||||
Cash from financing activities | 999,200 | (12,203,159) | 14,011,574 | |||||||
FCF | 77,385,215 | 159,529,005 | 155,601,236 | |||||||
Balance | ||||||||||
Cash | 10,296,160 | 10,968,954 | 18,737,867 | |||||||
Long term investments | 336,502,991 | 313,570,483 | 255,999,411 | |||||||
Excess cash | 342,051,242 | 316,168,935 | 266,539,761 | |||||||
Stockholders' equity | 102,178,917 | 94,672,678 | 102,089,721 | |||||||
Invested Capital | 357,548,670 | 323,554,315 | 390,276,235 | |||||||
ROIC | 23.47% | 44.61% | 42.30% | |||||||
ROCE | 17.50% | 31.06% | 31.72% | |||||||
EV | ||||||||||
Common stock shares outstanding | 42,479,808 | 42,479,808 | 42,479,808 | |||||||
Price | 0.46 -8.08% | 0.50 -34.00% | 0.75 -6.25% | |||||||
Market cap | 19,328,313 -8.08% | 21,027,505 -34.00% | 31,859,856 -6.25% | |||||||
EV | (302,251,881) | (290,466,622) | (216,747,326) | |||||||
EBITDA | 81,777,411 | 161,021,036 | 157,537,336 | |||||||
EV/EBITDA | ||||||||||
Interest | 2,323,939 | 1,937,678 | 2,051,817 | |||||||
Interest/NOPBT | 2.89% | 1.21% | 1.31% |