1508.HK
Price:
$1.72
Market Cap:
$66.00B
China Reinsurance (Group) Corporation, together with its subsidiaries, operates as a reinsurance company in the People's Republic of China and internationally. It operates through Property and Casualty Reinsurance, Life and Health Reinsurance, Primary Property and Casualty Insurance, Asset Management, and Others segments. The company offers reinsurance products, including motor, commercial and household property, engineering, marine hull, cargo, liability, credit and guarantee, personal accident, health, agriculture, life and annuity, space and aviation, energy, nuclear, etc.; and insurance agency services, such as risk identification, assessment and consulting, insurance program design, ins...[Read more]
Industry
Insurance - Reinsurance
IPO Date
2015-10-26
Stock Exchange
HKSE
Ticker
1508.HK
According to China Reinsurance (Group) Corporation’s latest financial reports and current stock price. The company's current ROE is 10.53%. This represents a change of 108.09% compared to the average of 5.06% of the last 4 quarters.
The mean historical ROE of China Reinsurance (Group) Corporation over the last ten years is 6.53%. The current 10.53% ROE has changed 61.31% with respect to the historical average. Over the past ten years (40 quarters), 1508.HK's ROE was at its highest in in the June 2015 quarter at 11.19%. The ROE was at its lowest in in the December 2022 quarter at -0.92%.
Average
6.53%
Median
6.68%
Minimum
-0.38%
Maximum
10.80%
Discovering the peaks and valleys of China Reinsurance (Group) Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 68.68%
Maximum Annual ROE = 10.80%
Minimum Annual Increase = -1706.02%
Minimum Annual ROE = -0.38%
| Year | ROE | Change |
|---|---|---|
| 2024 | 10.22% | 68.68% |
| 2023 | 6.06% | -1706.02% |
| 2022 | -0.38% | -105.88% |
| 2021 | 6.42% | 4.63% |
| 2020 | 6.14% | -11.58% |
| 2019 | 6.94% | 45.70% |
| 2018 | 4.76% | -32.59% |
| 2017 | 7.07% | -2.23% |
| 2016 | 7.23% | -33.05% |
| 2015 | 10.80% | 7.68% |
The current ROE of China Reinsurance (Group) Corporation (1508.HK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.30%
5-year avg
5.69%
10-year avg
6.53%
China Reinsurance (Group) Corporation’s ROE is less than China Taiping Insurance Holdings Company Limited (10.34%), less than Guolian Minsheng Securities Co., Ltd. (4.10%), less than Sunshine Insurance Group Company Limited (9.66%), less than Chongqing Rural Commercial Bank Co., Ltd. (6.17%), less than China CITIC Financial Asset Management Co., Ltd. (17.77%), less than China Zheshang Bank Co., Ltd (7.66%), less than Huishang Bank Corporation Limited (9.95%), less than Everbright Securities Company Limited (5.63%), less than China Cinda Asset Management Co., Ltd. (1.61%), less than Bank of Chongqing Co., Ltd. (9.26%),
| Company | ROE | Market cap |
|---|---|---|
| 10.34% | $69.08B | |
| 4.10% | $55.02B | |
| 9.66% | $46.01B | |
| 6.17% | $80.13B | |
| 17.77% | $70.61B | |
| 7.66% | $84.14B | |
| 9.95% | $45.42B | |
| 5.63% | $86.43B | |
| 1.61% | $51.91B | |
| 9.26% | $32.77B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like China Reinsurance (Group) Corporation using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like China Reinsurance (Group) Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is China Reinsurance (Group) Corporation's ROE?
How is the ROE calculated for China Reinsurance (Group) Corporation (1508.HK)?
What is the highest ROE for China Reinsurance (Group) Corporation (1508.HK)?
What is the 3-year average ROE for China Reinsurance (Group) Corporation (1508.HK)?
What is the 5-year average ROE for China Reinsurance (Group) Corporation (1508.HK)?
How does the current ROE for China Reinsurance (Group) Corporation (1508.HK) compare to its historical average?