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Shinkong Insurance Co Stock

Shinkong Insurance Co ROE 2024

Shinkong Insurance Co ROE

0.17

Ticker

2850.TW

ISIN

TW0002850005

In 2024, Shinkong Insurance Co's return on equity (ROE) was 0.17, a 24.79% increase from the 0.13 ROE 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.

ROE Details

Decoding Shinkong Insurance Co's Return on Equity (ROE)

Shinkong Insurance Co's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Shinkong Insurance Co's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Shinkong Insurance Co's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Shinkong Insurance Co’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Shinkong Insurance Co stock

What is the ROE (Return on Equity) of Shinkong Insurance Co this year?

The ROE of Shinkong Insurance Co this year is 0.17 undefined.

How has the Return on Equity (ROE) of Shinkong Insurance Co developed compared to the previous year?

The ROE of Shinkong Insurance Co has increased by 24.79% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Shinkong Insurance Co?

A high ROE indicates that Shinkong Insurance Co generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Shinkong Insurance Co?

A low ROE can indicate that Shinkong Insurance Co is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Shinkong Insurance Co affect the company?

A change in ROE (Return on Equity) of Shinkong Insurance Co can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Shinkong Insurance Co?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Shinkong Insurance Co?

Some factors that can influence Shinkong Insurance Co's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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.