China Taiping Insurance Holdings Company Limited (CTIHY) Stock

About China Taiping Insurance Holdings Company Limited

China Taiping Insurance Holdings Company Limited operates as an investment holding entity primarily engaged in the underwriting of a diverse array of insurance and reinsurance products. Its operational footprint spans across the People's Republic of China and extends internationally. The company's core business is segmented into three principal divisions: Life Insurance: This segment is dedicated to offering a range of life insurance products, encompassing individual and group coverage, health-related policies, accident insurance, and various annuity plans. Property and Casualty Insurance: This division provides solutions including mandatory motor vehicle insurance, various liability policies, credit and guarantee insurance, short-term accident and health coverage, along with associated reinsurance services. Reinsurance: The Reinsurance division specializes in offering coverage for property damage, life, marine cargo and hull, and a variety of miscellaneous non-marine risks. Beyond its core underwriting activities, the company diversifies its operations into asset management, financial leasing, and property investment. It also engages in securities dealing and broking, and actively invests in elderly care services. Furthermore, China Taiping manages various investment funds, offers corporate and personal retirement insurance solutions, facilitates back-to-back financing arrangements, and provides insurance brokerage and agency services. Originally incorporated in 2000, the company operated under the name China Insurance International Holdings Company Limited until its rebranding as China Taiping Insurance Holdings Company Limited in August 2009. Headquartered in North Point, Hong Kong, it functions as a subsidiary of China Taiping Insurance Group (HK) Company Limited.

China Taiping Insurance Holdings Company Limited is headquartered in HK.

China Taiping Insurance Holdings Company Limited (CTIHY) stock trades at $68.96 with a market capitalization of $9.91B. The stock is valued at a price-to-earnings (P/E) ratio of 3.03, price-to-book of 0.83, price-to-sales of 0.50. Over the past 52 weeks the stock has ranged between $26.01 and $78.31, and currently trades 11.9% below its 52-week high. It pays a dividend yielding 5.68%.

On profitability, China Taiping Insurance Holdings Company Limited generates a return on equity (ROE) of 29.19% — well above the market average, a sign of a high-quality business, return on capital employed of 4.24%, an operating margin of 52.64%, a net profit margin of 17.30%.

Official website: www.ctih.cntaiping.com