China Taiping Insurance Holdings Co Ltd 00966

Morningstar Rating
HK$14.00 −0.22 (1.55%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

00966 is trading at a 762% premium.
Price
HK$14.19
Fair Value
HK$59.41
Uncertainty
High
1-Star Price
HK$13.99
5-Star Price
HK$66.75
Economic Moat
Srk
Capital Allocation

Trading Information

Previous Close Price
HK$14.22
Day Range
HK$13.2614.60
52-Week Range
HK$5.6214.60
Bid/Ask
HK$13.96 / HK$14.00
Market Cap
HK$50.32 Bil
Volume/Avg
16.4 Mil / 8.2 Mil

Key Statistics

Price/Earnings (Normalized)
6.13
Price/Sales
0.47
Dividend Yield (Trailing)
2.11%
Dividend Yield (Forward)
2.11%
Total Yield
2.11%

Company Profile

China Taiping Insurance Holdings Co Ltd is a holding company that, which through its subsidiaries, sells insurance products and offers a variety of investment management services. The company sells life, property and casualty, reinsurance, and pension insurance products. The firm also operates asset management and real estate management services. The majority of China Taiping Insurance's income is derived from life insurance, with the People's Republic of China contributing the largest portion of company revenue. The Group comprises business segments: the life insurance business, PRC property and casualty insurance business, Overseas property and casualty insurance business, reinsurance business, and Others. The majority of revenue is generated from the life insurance business.
Sector
Financial Services
Industry
Insurance - Life
Stock Style Box
Large Value
Total Number of Employees
63,673

Comparables

Valuation

Metric
00966
BNT
EG
Price/Earnings (Normalized)
6.135.485.47
Price/Book Value
0.541.101.21
Price/Sales
0.470.641.09
Price/Cash Flow
0.455.405.18
Price/Earnings
00966
BNT
EG

Financial Strength

Metric
00966
BNT
EG
Quick Ratio
Current Ratio
Interest Coverage
6.161.6119.47
Quick Ratio
No chart available

Profitability

Metric
00966
BNT
EG
Return on Assets (Normalized)
0.91%1.60%6.14%
Return on Equity (Normalized)
14.54%21.41%23.72%
Return on Invested Capital (Normalized)
6.64%18.52%19.69%
Return on Assets
00966
BNT
EG

Insurance - Life Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
China Life Insurance Co Ltd Class H
CILJF
Mvhm$146.7 Bil
Ping An Insurance (Group) Co. of China Ltd Class H
PIAIF
CzjtykfwwFpcd$141.6 Bil
Ping An Insurance (Group) Co. of China Ltd ADR
PNGAY
Wpvq$141.6 Bil
AIA Group Ltd ADR
AAGIY
Ymd$101.2 Bil
AIA Group Ltd
AAIGF
Nvbh$101.2 Bil
Aflac Inc
AFL
XkgdktbXyngs$64.0 Bil
MetLife Inc
MET
BspmkzsvLpzk$57.3 Bil
Manulife Financial Corp
MFC
HrnzzvcxMpgz$52.5 Bil
Prudential Financial Inc
PRU
NlyxmssbFdlg$42.5 Bil
Prudential PLC ADR
PUK
PjbnbsgnsDfdfs$25.7 Bil

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