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Shinkong Insurance Co Stock

Shinkong Insurance Co Debt 2024

Shinkong Insurance Co Debt

-11,532.75 TWD

Ticker

2850.TW

ISIN

TW0002850005

In 2024, Shinkong Insurance Co's total debt was -11,532.75 TWD, a 6.6% change from the -10,818.3 TWD total debt recorded in the previous year.

Shinkong Insurance Co Aktienanalyse

What does Shinkong Insurance Co do?

Shinkong Insurance Co Ltd is a Taiwanese company specializing in insurance. The company was founded in 1963 and is headquartered in Taipei, Taiwan. It is part of the Shinkong Group, which operates in various business areas including real estate, finance, hotels, and retail. The history of Shinkong Insurance Co Ltd begins in the 1960s when Taiwan transitioned from an agrarian country to an industrial state. At that time, Shinkong Insurance focused on insuring industrial and commercial enterprises and was one of the first insurance companies in Taiwan to offer automobile insurance. Over the following decades, the company expanded its range of insurance solutions and is now one of the leading companies in the Taiwanese insurance industry. Shinkong Insurance Co Ltd's business model is focused on offering comprehensive insurance solutions tailored to its customers' needs. The company specializes in various business areas, including vehicle, health, property, accident, professional, and travel insurance. Shinkong Insurance also provides life insurance and annuities to offer long-term financial security to its customers. The company works closely with its customers to ensure the best possible insurance coverage and to efficiently handle claims. In automobile insurance, Shinkong Insurance offers both liability and comprehensive coverage. Liability insurance covers damages caused by the insured vehicle, while comprehensive insurance also covers damages caused by the insured's own fault or natural events such as storms or floods. The company also offers special rates for electric vehicles and motorcycles. Shinkong Insurance's health insurance covers medical costs related to illnesses, injuries, or surgeries. Various plans are available, including coverage for hearing impairments or dental treatments. The company also offers sickness daily allowance insurance, which provides financial compensation for disability due to illness or accident. In property insurance, Shinkong Insurance provides coverage for homes as well as for businesses and farmers' property. The company offers insurance against fires, storms, floods, and earthquakes. Special rates are also available for owners of valuable artworks, antiques, or electronic devices. Shinkong Insurance's accident insurance provides financial protection in case of disability or death due to accidents. The insurance is available for individuals as well as for companies and employees. Various plans are available, including coverage for accidents during leisure activities such as cycling or mountain climbing. Shinkong Insurance's disability insurance provides financial protection in case of permanent disability due to illness or accident. The insurance is available for self-employed individuals as well as for employees. Various plans are available, including payment of pensions in old age or family protection in case of the insured's death. Shinkong Insurance's travel insurance provides protection while traveling, whether for business or leisure. The company offers insurance against accidents, illnesses, loss of luggage, cancellation, or the inability to reach the destination. Various plans are available, including special benefits for business travelers or student groups. Overall, Shinkong Insurance Co Ltd offers its customers a wide range of insurance solutions tailored to their individual needs. With its long-standing experience and expertise, the company has successfully established itself in the Taiwanese insurance industry and enjoys a good reputation with its customers. Shinkong Insurance Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Shinkong Insurance Co's Debt Structure

Shinkong Insurance Co's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Shinkong Insurance Co's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Shinkong Insurance Co’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Shinkong Insurance Co’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Shinkong Insurance Co stock

What is the debt of Shinkong Insurance Co this year?

Shinkong Insurance Co has a debt level of -11,532.75 TWD this year.

What was the debt of Shinkong Insurance Co compared to the previous year?

The debt of Shinkong Insurance Co has increased by 6.6% compared to the previous year increased.

What are the consequences of high debt for investors in Shinkong Insurance Co?

High debt can pose a risk for investors of Shinkong Insurance Co, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Shinkong Insurance Co?

Low debt means that Shinkong Insurance Co has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Shinkong Insurance Co affect the company?

An increase in debt of Shinkong Insurance Co can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Shinkong Insurance Co affect the company?

A reduction in debt of Shinkong Insurance Co can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Shinkong Insurance Co?

Some factors that can influence the debt of Shinkong Insurance Co include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Shinkong Insurance Co so important for investors?

The debts of Shinkong Insurance Co are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Shinkong Insurance Co take to change the debt?

To change the debt, Shinkong Insurance Co can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Shinkong Insurance Co pay?

Over the past 12 months, Shinkong Insurance Co paid a dividend of 2.54 TWD . This corresponds to a dividend yield of about 2.75 %. For the coming 12 months, Shinkong Insurance Co is expected to pay a dividend of 2.54 TWD.

What is the dividend yield of Shinkong Insurance Co?

The current dividend yield of Shinkong Insurance Co is 2.75 %.

When does Shinkong Insurance Co pay dividends?

Shinkong Insurance Co pays a quarterly dividend. This is distributed in the months of August, July, July, July.

How secure is the dividend of Shinkong Insurance Co?

Shinkong Insurance Co paid dividends every year for the past 14 years.

What is the dividend of Shinkong Insurance Co?

For the upcoming 12 months, dividends amounting to 2.54 TWD are expected. This corresponds to a dividend yield of 2.75 %.

In which sector is Shinkong Insurance Co located?

Shinkong Insurance Co is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Shinkong Insurance Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shinkong Insurance Co from 7/8/2024 amounting to 4.99 TWD, you needed to have the stock in your portfolio before the ex-date on 6/12/2024.

When did Shinkong Insurance Co pay the last dividend?

The last dividend was paid out on 7/8/2024.

What was the dividend of Shinkong Insurance Co in the year 2023?

In the year 2023, Shinkong Insurance Co distributed 3.2 TWD as dividends.

In which currency does Shinkong Insurance Co pay out the dividend?

The dividends of Shinkong Insurance Co are distributed in TWD.

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Andere Kennzahlen von Shinkong Insurance Co

Our stock analysis for Shinkong Insurance Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Shinkong Insurance Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.