China Taiping Insurance Holdings Co (0966) AI Stock Analysis

• Market Cap: $61.03B
• Dividend Yield: 2.01%
• Average Volume (3M): 10.79M
• Price to Earnings (P/E): 7.5
• Beta (1Y): 1.37
• Revenue Growth: 23.64%
• EPS Growth: 36.32%
• Country: HK
• Employees: 62,266
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Life
• EPS (TTM): 1.74
• Shares Outstanding: 3,594,018,600
• 10 Day Avg. Volume: 11,963,404
• 30 Day Avg. Volume: 10,794,639
• PEG Ratio: 0.13
• Price to Book (P/B): 0.48
• Price to Sales (P/S): 0.35
• P/FCF Ratio: 0.36
• Enterprise Value/Market Cap: 4.32
• Enterprise Value/Revenue: 2.33
• Enterprise Value/Gross Profit: 2.33
• Enterprise Value/Ebitda: 15.54
• 1Y Price Target: $17.32
• Price Target Upside: 1.48% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8

• Rating: 74 Outperform
• Price Target: HK$18.00 ▲(5.45% Upside)

China Taiping Insurance Holdings Co's strong financial performance and attractive valuation are the most significant factors contributing to its score. While technical analysis presents mixed signals, the company's robust cash flow and low P/E ratio suggest potential for growth and value. The absence of earnings call and corporate events data did not impact the overall score.

Positive Factors

Negative Factors

China Taiping Insurance Holdings Co Business Overview & Revenue Model

Company Description

China Taiping Insurance Holdings Company Limited, an investment holding company, underwrites various insurance and reinsurance products in the People's Republic of China and internationally. The company operates through three business segments: Life Insurance, Property and Casualty Insurance, and Reinsurance. The Life Insurance segment provides life insurance products, such as individual and group life insurance, health insurance, and accident insurance products and annuities. The Property and Casualty Insurance segment offers compulsory motor insurance, liability insurance, credit insurance, guarantee insurance, and short-term accident and health insurance, as well as the related reinsurance products. The Reinsurance segment provides property damage, life, marine cargo and hull, and miscellaneous non-marine reinsurance products. The company also engages in the assets management, insurance intermediary, financial leasing, property investment, and securities dealing and broking, as well as in elderly care investment businesses; and manages investment funds. In addition, it provides corporate and personal retirement insurance products; and back-to-back financing arrangement, as well as insurance broking and agency services. The company was formerly known as China Insurance International Holdings Company Limited and changed its name to China Taiping Insurance Holdings Company Limited in August 2009. The company was incorporated in 2000 and is headquartered in North Point, Hong Kong. China Taiping Insurance Holdings Company Limited is a subsidiary of China Taiping Insurance Group (HK) Company Limited.

How the Company Makes Money

China Taiping Insurance Holdings Co. makes money through various revenue streams primarily related to its insurance operations. The company generates significant revenue from the premiums paid by policyholders for life, health, property, and casualty insurance products. Investment income is another critical source of revenue, as the company invests the premiums collected in various financial instruments to generate returns. Additionally, the company earns reinsurance premiums by providing reinsurance services to other insurance companies, sharing their risks for a fee. The company also benefits from strategic partnerships and alliances that enhance its product offerings and distribution channels, contributing to its overall earnings.

China Taiping Insurance Holdings Co Financial Statement Overview

Summary

China Taiping Insurance Holdings Co exhibits strong financial performance with robust revenue and profit growth, improved leverage, and effective cash flow management. The income statement shows a positive growth trajectory, the balance sheet indicates stability with improved leverage, and the cash flow statement highlights strong liquidity. However, the unusual EBIT margin requires further investigation.

Income Statement

The company shows strong revenue growth with a significant increase from 112.36 billion to 121 billion over the last year. Net profit margin improved from 4.78% to 6.97%, indicating better cost management. However, the EBIT margin fell from 17.72% to 100%, which requires further investigation as it seems unusual. Overall, the income statement reflects a positive growth trajectory with increasing profitability.

Balance Sheet

The balance sheet displays a stable debt-to-equity ratio, which decreased from 1.29 to 0.27, signifying improved leverage and financial health. The equity ratio stands at 5.02%, reflecting a low equity proportion, which is typical for insurance companies. Return on equity increased from 6.8% to 9.68%, indicating enhanced efficiency in generating profits from shareholders' equity. The balance sheet shows stability with some room for improving equity base.

Cash Flow

Operating cash flow remains strong and grew significantly from 134.6 billion to 125.95 billion. Free cash flow also shows a healthy growth rate, indicating robust cash generation capabilities. The operating cash flow to net income ratio is commendable, suggesting efficient cash conversion from earnings. The cash flow statement highlights strong liquidity and cash management practices.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	113.21B	121.00B	106.12B	158.81B	318.98B	277.07B
Gross Profit	113.21B	121.00B	123.32B	104.86B	316.11B	271.14B
EBITDA	16.99B	23.73B	19.85B	12.65B	16.75B	17.50B
Net Income	9.17B	8.43B	5.37B	4.30B	7.51B	6.55B
Balance Sheet
Total Assets	1.87T	1.73T	1.51T	1.41T	1.38T	1.17T
Cash, Cash Equivalents and Short-Term Investments	0.00	44.39B	42.55B	308.46B	293.80B	266.36B
Total Debt	33.28B	82.12B	101.43B	117.05B	95.17B	61.27B
Total Liabilities	1.74T	1.61T	1.38T	1.31T	1.27T	1.05T
Stockholders Equity	90.23B	87.07B	78.99B	75.51B	88.07B	90.65B
Cash Flow
Free Cash Flow	97.21B	116.24B	127.67B	88.72B	94.48B	110.33B
Operating Cash Flow	106.92B	125.95B	134.60B	95.02B	98.63B	114.20B
Investing Cash Flow	-158.04B	-95.63B	-130.95B	-80.30B	-99.62B	-110.85B
Financing Cash Flow	9.76B	-27.91B	19.79B	-9.76B	9.06B	-945.65M

China Taiping Insurance Holdings Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17.07
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0966, the sentiment is Positive. The current price of 17.07 is above the 20-day moving average (MA) of 16.17, above the 50-day MA of 16.46, and above the 200-day MA of 13.70, indicating a bullish trend. The MACD of 0.35 indicates Negative momentum. The RSI at 58.24 is Neutral, neither overbought nor oversold. The STOCH value of 72.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0966.

China Taiping Insurance Holdings Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2628	―	$1.14T	5.48	21.57%	3.85%	17.69%	126.41%
1336	―	HK$202.89B	4.73	34.37%	5.37%	49.90%	203.77%
0966	―	$61.03B	7.47	10.74%	2.01%	23.64%	36.32%
2318	―	$1.08T	7.77	12.80%	4.99%	12.05%	32.41%
1299	―	$744.16B	16.26	15.16%	2.41%	5.65%	30.47%
2601	―	$361.60B	5.88	17.37%	3.60%	13.82%	39.75%
Sector *	―	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

China Taiping Insurance Holdings Co Corporate Events

China Taiping Insurance Appoints New Executive Director

China Taiping Insurance Holdings Co has announced the appointment of Ms. NA Yanfang as an executive director and a member of several key committees, effective September 25, 2025. This strategic move is expected to enhance the company’s governance and operational efficiency, potentially strengthening its position in the competitive insurance market.

The most recent analyst rating on (HK:0966) stock is a Sell with a HK$9.40 price target. To see the full list of analyst forecasts on China Taiping Insurance Holdings Co stock, see the HK:0966 Stock Forecast page.

China Taiping Insurance Announces Board Composition and Roles

China Taiping Insurance Holdings Co has announced the composition of its board of directors and their roles within the company. The board includes executive, non-executive, and independent non-executive directors, with specific members assigned to various committees such as Audit, Nomination and Remuneration, Risk Management, and Strategy and Investment. This announcement highlights the company’s governance structure, which is crucial for stakeholders to understand the leadership and decision-making processes within the organization.

The most recent analyst rating on (HK:0966) stock is a Sell with a HK$9.40 price target. To see the full list of analyst forecasts on China Taiping Insurance Holdings Co stock, see the HK:0966 Stock Forecast page.

China Taiping Insurance Reports Strong Interim Results

China Taiping Insurance Holdings Co, a prominent player in the insurance sector, operates across life, property, and casualty insurance, as well as asset management, with a strong presence in Hong Kong, Macau, and Mainland China.

China Taiping Reports Strong Interim Results for First Half of 2025

China Taiping Insurance Holdings reported a robust financial performance for the first half of 2025, with a 12.2% increase in profit attributable to owners, reaching HK$6.764 billion. The company saw significant growth across its life insurance, property and casualty, and reinsurance segments, driven by enhanced insurance service results and strategic initiatives. The company’s total equity and assets also saw substantial increases, reflecting strong investment activities and strategic capital management.

The most recent analyst rating on (HK:0966) stock is a Sell with a HK$11.80 price target. To see the full list of analyst forecasts on China Taiping Insurance Holdings Co stock, see the HK:0966 Stock Forecast page.

China Taiping Insurance to Review Interim Results in Upcoming Board Meeting

China Taiping Insurance Holdings Company Limited has announced a board meeting scheduled for 28 August 2025 to consider and approve the interim results for the first half of 2025. This meeting is significant as it will address the company’s financial performance and potentially impact its strategic direction, influencing stakeholders’ expectations.

The most recent analyst rating on (HK:0966) stock is a Hold with a HK$12.00 price target. To see the full list of analyst forecasts on China Taiping Insurance Holdings Co stock, see the HK:0966 Stock Forecast page.