First Insurance Co (2852.TW) Stock Price

First Insurance Co Price

CLOSED
26.75TWD-0.20 (-0.74 %)
Market closed

Over the last 19 years First Insurance Co grew revenue by 0.4% annually, reaching 7.76 B TWD. Earnings per share have grown at 16.0% per year over the last 19 years. For First Insurance Co, the net margin of 11.6% is up versus 2.6% a few years ago. At today's price the dividend yield works out to roughly 4.22%. The payout ratio is around 38% of earnings. The dividend has grown at 2.2% per year over the past 19 years. The stock trades about 9% above its 52-week low.

First Insurance Co stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of First Insurance Co over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how First Insurance Co stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing First Insurance Co's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

First Insurance Co Stock Price History
DateFirst Insurance Co Price
7/14/202626.75 TWD
7/13/202626.95 TWD
7/10/202626.80 TWD
7/9/202626.80 TWD
7/8/202626.75 TWD
7/7/202626.60 TWD
7/6/202627.05 TWD
7/3/202626.85 TWD
7/2/202626.65 TWD
7/1/202626.50 TWD
6/30/202626.60 TWD
6/29/202626.55 TWD
6/26/202626.30 TWD
6/25/202626.60 TWD
6/24/202626.30 TWD
6/23/202626.60 TWD
6/22/202626.30 TWD
6/18/202626.35 TWD
6/17/202626.55 TWD
6/16/202627.85 TWD
6/15/202627.80 TWD
6/12/202627.70 TWD
6/11/202627.55 TWD
6/10/202627.70 TWD
6/9/202627.80 TWD
6/8/202627.25 TWD
6/5/202627.85 TWD
6/4/202627.85 TWD
6/3/202627.90 TWD
6/2/202627.30 TWD
6/1/202627.10 TWD
5/29/202626.95 TWD
5/28/202626.90 TWD
5/27/202626.85 TWD
5/26/202626.75 TWD
5/25/202626.90 TWD
5/22/202626.95 TWD
5/21/202627.05 TWD
5/20/202627.10 TWD
5/19/202627.00 TWD
5/18/202626.85 TWD
5/15/202626.45 TWD
5/14/202626.50 TWD
5/13/202626.30 TWD
5/12/202626.20 TWD
5/11/202626.10 TWD
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5/6/202626.05 TWD
5/5/202626.00 TWD
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4/30/202626.10 TWD
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4/14/202626.25 TWD
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4/9/202625.95 TWD
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4/7/202625.85 TWD
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4/1/202625.95 TWD
3/31/202625.65 TWD
3/30/202625.70 TWD
3/27/202625.85 TWD
3/26/202625.95 TWD
3/25/202626.05 TWD
3/24/202625.75 TWD
3/23/202625.55 TWD
3/20/202625.75 TWD
3/19/202625.85 TWD
3/18/202626.15 TWD
3/17/202626.20 TWD
3/16/202626.10 TWD
3/13/202626.15 TWD
3/12/202626.35 TWD
3/11/202627.70 TWD
3/10/202626.70 TWD
3/9/202626.60 TWD
3/6/202626.95 TWD
3/5/202626.95 TWD
2/26/202627.40 TWD
2/25/202627.45 TWD
2/24/202627.30 TWD
2/23/202627.25 TWD
2/11/202627.20 TWD
2/10/202627.20 TWD
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2/6/202627.35 TWD
2/5/202627.35 TWD
2/4/202627.20 TWD
2/3/202627.05 TWD
2/2/202626.90 TWD
1/30/202627.10 TWD
1/29/202627.20 TWD
1/28/202627.40 TWD
1/27/202627.45 TWD
1/26/202627.50 TWD
1/23/202627.50 TWD
1/22/202627.75 TWD
1/21/202627.50 TWD
1/20/202627.90 TWD
1/19/202628.05 TWD
1/16/202628.05 TWD
1/15/202628.25 TWD
1/14/202627.85 TWD
1/13/202627.80 TWD
1/12/202627.80 TWD
1/9/202627.70 TWD
1/8/202627.70 TWD
1/7/202627.70 TWD
1/6/202627.65 TWD
1/5/202627.75 TWD
1/2/202627.80 TWD
12/31/202527.75 TWD
12/30/202527.70 TWD
12/29/202527.85 TWD
12/26/202527.85 TWD
12/24/202527.95 TWD
12/22/202528.05 TWD
12/19/202528.25 TWD
12/18/202528.05 TWD
12/17/202528.10 TWD
12/16/202528.20 TWD
12/15/202528.10 TWD
12/12/202528.10 TWD
12/11/202527.95 TWD
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12/8/202527.95 TWD
12/5/202528.15 TWD
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12/1/202527.95 TWD
11/28/202528.05 TWD
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11/26/202527.90 TWD
11/25/202527.65 TWD
11/24/202527.90 TWD
11/21/202527.75 TWD
11/20/202527.65 TWD
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11/11/202526.35 TWD
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10/31/202526.30 TWD
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10/23/202526.65 TWD
10/22/202526.55 TWD
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10/20/202526.50 TWD
10/17/202526.55 TWD
10/16/202526.50 TWD
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10/14/202526.10 TWD
10/13/202526.05 TWD
10/9/202526.45 TWD
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10/3/202526.70 TWD
10/2/202526.70 TWD
10/1/202526.70 TWD
9/30/202526.80 TWD
9/26/202526.50 TWD
9/25/202526.85 TWD
9/24/202526.85 TWD
9/23/202526.80 TWD
9/22/202526.85 TWD
9/19/202526.85 TWD
9/18/202526.80 TWD
9/17/202526.85 TWD
9/16/202526.80 TWD
9/15/202527.05 TWD
9/12/202527.20 TWD
9/11/202527.20 TWD
9/10/202527.30 TWD
9/9/202526.90 TWD
9/8/202526.75 TWD
9/5/202526.75 TWD
9/4/202526.70 TWD
9/3/202526.50 TWD
9/2/202526.40 TWD
9/1/202526.35 TWD
8/29/202526.30 TWD
8/28/202526.35 TWD
8/27/202525.85 TWD
8/26/202525.30 TWD
8/25/202525.30 TWD
8/22/202525.40 TWD
8/21/202525.40 TWD
8/20/202525.20 TWD
8/19/202525.30 TWD
8/18/202525.45 TWD
8/15/202525.60 TWD
8/14/202525.90 TWD
8/13/202526.05 TWD
8/12/202525.95 TWD
8/11/202525.95 TWD
8/8/202525.95 TWD
8/7/202525.50 TWD
8/6/202525.55 TWD
8/5/202525.05 TWD
8/4/202524.90 TWD
8/1/202524.75 TWD
7/31/202524.65 TWD
7/30/202524.85 TWD
7/29/202524.60 TWD
7/28/202524.80 TWD
7/25/202525.40 TWD
7/24/202525.25 TWD
7/23/202525.30 TWD
7/22/202524.95 TWD
7/21/202525.30 TWD
7/18/202525.40 TWD
7/17/202525.40 TWD
Access this data via the Eulerpool API

First Insurance Co Revenue, EBIT, Net Income

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2017
5.92 B TWD
515.92 M TWD
460.31 M TWD
Jan 1, 2018
6.11 B TWD
558.70 M TWD
491.31 M TWD
Jan 1, 2019
6.07 B TWD
669.07 M TWD
580.97 M TWD
Jan 1, 2020
5.88 B TWD
207.13 M TWD
152.88 M TWD
Jan 1, 2021
6.56 B TWD
648.73 M TWD
553.14 M TWD
Jan 1, 2022
6.85 B TWD
679.10 M TWD
558.85 M TWD
Jan 1, 2023
7.39 B TWD
753.47 M TWD
636.24 M TWD
Jan 1, 2024
7.76 B TWD
1.08 B TWD
903.30 M TWD

First Insurance Co Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 16, 2026, 8:32 AM
 
REVENUEB TWD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB TWD
NET INCOMEM TWD
NET INCOME GROWTH%
DIV.TWD
DIV. GROWTH%
SHARESM
2009201020112012201320142015201620172018201920202021202220232024
6.657.494.294.734.954.905.065.625.926.116.075.886.566.857.397.76
2.6712.61-42.8010.414.52-0.913.3111.105.173.21-0.57-3.0811.524.377.865.08
33.5829.8252.1447.2245.1845.5944.1339.7237.7736.5936.8037.9734.9332.6230.2528.78
2.232.232.232.232.232.232.232.232.232.232.232.232.292.232.232.23
188.00769.00421.00631.00706.00416.00195.00479.00460.00491.00580.00152.00553.00558.00636.00903.00
317.78309.04-45.2549.8811.89-41.08-53.13145.64-3.976.7418.13-73.79263.820.9013.9841.98
0.642.000.201.501.100.380.650.600.490.960.351.210.721.13
212.50-90.00650.00-26.67-65.45-7.69-18.3395.92-63.54245.71-40.5056.94
301.20302.90301.20303.00301.80301.16301.36301.41301.43301.43301.48301.35301.43301.48301.46301.47
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales First Insurance Co generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue First Insurance Co retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare First Insurance Co's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares First Insurance Co has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against First Insurance Co's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

First Insurance Co stock margins

The First Insurance Co margin analysis displays the gross margin, EBIT margin, as well as the profit margin of First Insurance Co. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for First Insurance Co.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2017
32.63 %
8.72 %
7.78 %
Jan 1, 2018
32.63 %
9.15 %
8.05 %
Jan 1, 2019
32.63 %
11.02 %
9.57 %
Jan 1, 2020
32.63 %
3.52 %
2.60 %
Jan 1, 2021
34.94 %
9.89 %
8.43 %
Jan 1, 2022
32.63 %
9.92 %
8.16 %
Jan 1, 2023
32.63 %
10.20 %
8.61 %
Jan 1, 2024
32.63 %
13.87 %
11.64 %

First Insurance Co Stock Revenue, EBIT, Earnings per Share

The First Insurance Co earnings per share therefore indicates how much revenue First Insurance Co has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2017
19.63 TWD
1.71 TWD
1.53 TWD
Jan 1, 2018
20.25 TWD
1.85 TWD
1.63 TWD
Jan 1, 2019
20.13 TWD
2.22 TWD
1.93 TWD
Jan 1, 2020
19.52 TWD
0.69 TWD
0.51 TWD
Jan 1, 2021
21.77 TWD
2.15 TWD
1.84 TWD
Jan 1, 2022
22.72 TWD
2.25 TWD
1.85 TWD
Jan 1, 2023
24.50 TWD
2.50 TWD
2.11 TWD
Jan 1, 2024
25.74 TWD
3.57 TWD
3.00 TWD

First Insurance Co business model & stock analysis

First Insurance Co Ltd is a Singapore-based company that has been offering insurance solutions for more than 90 years to private and business customers. The company has a long business history and has been the leading insurer in Singapore since its establishment in 1923. The business model of First Insurance Co Ltd is based on providing insurance solutions for various areas such as personal, property, liability, transportation, marine, and health insurance. The company has a wide customer base ranging from individuals to large corporations and offers individually tailored insurance solutions that meet the needs of customers. One of the strengths of First Insurance Co Ltd is its ability to quickly adapt to industry changes and offer innovative solutions. The company constantly invests in research and development to keep its insurance products up to date and tailor them to the needs of customers. The company also has a leading position in the field of digital transformation and has introduced a wide range of online solutions that allow customers to manage their insurance needs from anywhere. Customers can conveniently purchase online policies, pay premiums, report claims, and submit recovery requests. First Insurance Co Ltd has various divisions to offer customers a variety of insurance products. Personal accident insurance includes products such as travel insurance, accident insurance, health insurance, and life insurance. Property insurance includes a wide range of products such as household insurance, car insurance, fire insurance, and cybersecurity insurance. Transportation insurance includes property and liability insurance for rail vehicles, road vehicles, and shipping companies, while marine insurance includes property and liability insurance for ocean shipping and aviation companies. As a leading health insurance provider in Singapore, First Insurance Co Ltd offers a comprehensive range of health insurance products for individuals and groups. From basic to premium health insurance, the company offers a wide range of health insurance products tailored to the needs of customers. The company's health programs also provide subsidies for preventive screenings and alternative medicine treatments such as Traditional Chinese Medicine. In recent years, the company has also taken a leading position in the field of sustainability and corporate social responsibility (CSR). First Insurance Co Ltd is committed to acting in a sustainable manner and taking responsibility for the environment and the community. This includes measures such as implementing recycling programs and supporting community projects such as charities and environmental protection programs. In summary, First Insurance Co Ltd holds a leading position in the field of insurance solutions in Singapore and the region. The company has a long history and has a wide portfolio of insurance products to meet the needs of customers. Through innovation, digital transformation, and corporate social responsibility, the company will remain a strong player in the market in the future.

First Insurance Co SWOT Analysis

Strengths

First Insurance Co Ltd has several strengths that contribute to its success in the insurance industry:

  • Strong financial stability, allowing the company to pay out claims and provide security to its customers.
  • Extensive range of insurance products and services, catering to different customer needs and preferences.
  • Well-established brand reputation, built on years of industry experience and trustworthiness.
  • Wide network of branches and agents, ensuring convenient access to insurance products and personalized customer service.
  • Efficient claims processing system, resulting in quick and fair settlements for policyholders.

Weaknesses

Despite its strengths, First Insurance Co Ltd also faces certain weaknesses that pose challenges to its operations:

  • Limited online presence and digital capabilities, which may hinder customer acquisition and retention in the digital age.
  • Relatively higher premiums compared to some competitors, potentially affecting price-sensitive customers.
  • Dependency on third-party reinsurance, exposing the company to risks associated with reinsurance market fluctuations.

Opportunities

First Insurance Co Ltd can capitalize on the following opportunities to further expand its business:

  • Growing demand for insurance products in emerging markets, presenting an opportunity for market expansion.
  • Advancements in technology, allowing the company to enhance its digital presence and offer innovative insurance solutions.
  • Increasing awareness and importance of risk management, creating a need for specialized insurance coverage options.
  • Potential partnerships with complementary businesses, enabling cross-selling opportunities and access to new customer segments.

Threats

First Insurance Co Ltd must be prepared to address the following threats and mitigate their impact:

  • Intense competition from both established insurance companies and emerging insurtech startups.
  • Changing regulatory environment and compliance requirements, necessitating continuous adaptation and investment.
  • Unforeseen natural disasters or catastrophic events, leading to an increase in claims and potential financial strain.
  • Economic downturns or recessions, which may impact customer willingness to purchase insurance or result in higher lapses.

First Insurance Co Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

First Insurance Co historical P/E ratio, EBIT multiple, and P/S ratio

First Insurance Co annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

First Insurance Co shares outstanding

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2017
301.43 M Stocks
Jan 1, 2018
301.43 M Stocks
Jan 1, 2019
301.48 M Stocks
Jan 1, 2020
301.35 M Stocks
Jan 1, 2021
301.43 M Stocks
Jan 1, 2022
301.48 M Stocks
Jan 1, 2023
301.46 M Stocks
Jan 1, 2024
301.47 M Stocks

First Insurance Co stock splits

In First Insurance Co's history, there have been no stock splits.

First Insurance Co Dividend History

21 years of dividend payments · 2 consecutive increases

YearAnnual DividendYoY ChangePayments
20252.10TWD 85.8%
Jul 15, 20252.10TWD 85.8%1/1
20241.13TWD 56.9%
20230.72TWD 40.5%
20221.21TWD 245.7%
20210.35TWD 63.5%
20200.96TWD 95.9%
20190.49TWD 18.3%
20180.60TWD 7.7%
20170.65TWD 71.1%
20150.38TWD 65.5%

First Insurance Co dividend payout ratio

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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2017
42.56 %
Jan 1, 2018
36.81 %
Jan 1, 2019
25.43 %
Jan 1, 2020
189.24 %
Jan 1, 2021
19.07 %
Jan 1, 2022
65.27 %
Jan 1, 2023
34.11 %
Jan 1, 2024
37.71 %
Price targets and forecasts for First Insurance Co are not yet available.

First Insurance Co shareholder structure

% Name
6.23820%
Chien Cheng Development
Chien Cheng Development
5.24870%
Ta Feng Construction
Ta Feng Construction
3.88105%
Sheng Ching Investment Ltd.
Sheng Ching Investment Ltd.
3.79945%
Tsai Cheng Enterprise
Tsai Cheng Enterprise
3.30718%
Pao Shan Construction
Pao Shan Construction
2.44970%
Chien Yih Industry Corporation
Chien Yih Industry Corporation

First Insurance Co Executives and Management Board

CL

Mr. Cheng-Han Lee

Chairman of the Board · since 1993

JL

Mr. Jen-Huai Liu

Chief Compliance Officer

SC

Mr. S.Q. Chen

General Manager

CC

Mr. C.T. Chen

Deputy General Manager

YC

Mr. Yin-Lung Chen

Deputy General Manager

Frequently asked questions about First Insurance Co

The business model of First Insurance Co Ltd is focused on providing insurance services to individuals and businesses. As a leading insurance company, First Insurance Co Ltd offers a wide range of coverage options, including life insurance, health insurance, property insurance, and liability insurance. By leveraging their expertise and industry knowledge, First Insurance Co Ltd aims to mitigate risks and provide financial protection to their policyholders. With their customer-centric approach and commitment to excellence, First Insurance Co Ltd strives to meet the diverse insurance needs of their clients while ensuring long-term sustainable growth.