1. Taiwan, Province of China Stocks

  2. •

    Financial Services

  3. •

    Insurance - Life
Shin Kong Financial Holding Co., Ltd.

Shin Kong Financial Holding Co., Ltd.

2888.TW
Shin Kong Financial Holding Co., Ltd.TW flagTaiwan Stock Exchange
11.80
TWD
+0.45
- -
209.01BMarket Cap
Shin Kong Financial Holding Co., Ltd.
2888.TW
(Taiwan Stock Exchange)

Recent

price

11.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
29.1
12.91
5.59
13.42
14.27
17.17
19.19
22.16
22.54
22.44
21.98
20.28
15.87
6.94
1.62
2.5
1.69
Revenue per Share
0.14
0.24
0.55
1.01
0.97
0.63
0.54
0.46
1
0.86
1.56
1.09
1.65
0.14
-0.48
1.25
0.29
Basic EPS, GAAP
12.52
5.05
9.18
4.47
-1.92
1.77
-1.17
-5.29
-0.73
-4.71
12.24
-7.24
-1.62
1.61
-2.6
-1.97
-3.53
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.19
0.38
0.4
0.44
- -
- -
- -
Dividend per Share
7.76
9.25
9.44
9.83
10.4
9.94
10.11
10.1
10.71
14.17
14.6
12.53
13.96
12.71
9.7
12.01
10.99
Book Value per Share
11.36
10.37
8.25
9.27
10.79
11.41
11.32
12.61
14.52
15.9
18.44
17.8
18.75
13.33
15.45
16.97
15.06
Tangible Book Value per Share
7,950
9,322
9,969
9,988
10,348
10,733
10,623
10,523
10,537
11,379
12,696
13,233
13,705
15,427
15,488
16,317
16,690
Basic Weighted Avg Shares
231,346
120,304
55,706
134,028
147,645
184,321
203,801
233,230
237,491
255,398
279,065
268,389
217,524
107,081
25,139
40,864
28,128
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
1,873
1,816
1,874
1,863
1,874
1,877
1,958
1,989
1,994
2,071
1,853
2,004
2,073
2,173
2,224
2,223
2,226
Depreciation Expense
1,129
2,236
5,493
10,082
9,986
6,811
5,780
4,810
10,531
9,754
19,833
14,386
22,653
2,087
-7,409
20,386
4,761
Net Income, GAAP
43.9
22.67
8.97
8.6
16.69
23.66
15.66
0.56
- -
5.04
- -
- -
- -
53.91
- -
- -
- -
Effective Tax Rate (%)
0.49
1.86
9.86
7.52
6.76
3.7
2.84
2.06
4.43
3.82
7.11
5.36
10.41
1.95
-29.47
49.89
16.93
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
36,215
44,338
40,740
41,179
48,778
44,972
38,378
48,456
54,097
63,721
65,976
76,880
75,225
74,927
100,962
114,933
117,784
LT Debt
92,678
101,603
85,299
95,715
114,801
125,472
123,133
135,568
155,971
183,880
237,923
241,579
263,382
212,130
246,080
283,934
258,278
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
1.55
3.02
6.09
10.49
9.7
6.36
5.4
4.5
9.61
7.12
11.44
8.19
12.69
1.08
-4.28
11.78
2.83
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
2,970
2,970
2,970
Shares Outstanding
17,158
17,712
17,712
Market Capitalization
192,255
188,266
203,620

Working Capital

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
162,060
156,609
124,647
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.31%
4.5%
15.38%
Free Cash Flow
-42.86%
-146.48%
-19.95%
Net Income, GAAP
-70.8%
-178.2%
-375.14%
Sales/Revenue/Turnover
-4.39%
-17.5%
62.56%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
3,995
13,186
13,690
-5,732
25,139
2024
19,174
13,520
-2,587
10,757
40,864
2025
6,438
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.57
0.17
0.36
- -
-0.48
2024
0.2
1.1
-0.05
- -
1.25
2025
-0.71
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
Shin Kong Financial Holding Co., Ltd. (2888.TW) operates as a financial holding company engaged in banking, insurance, and securities businesses primarily in Taiwan. The company, founded in 2002 and headquartered in Taipei, Taiwan, provides a range of products and services through its subsidiaries, including life insurance policies, non-life insurance products, property and casualty insurance, health and medical insurance, banking services such as deposits, loans, and credit cards, securities brokerage, underwriting, and asset management; it also offers investment-linked insurance and pension products. Its operations focus on individual and corporate customers in Taiwan, with limited international presence through reinsurance and cross-border financial services. In recent developments, Shin Kong Financial has pursued strategic expansions, including enhancements to its digital banking platforms and new insurance product launches aimed at the growing health and wellness market in 2024-2025; the company also completed a capital injection from strategic investors to bolster its solvency ratios amid regulatory changes in Taiwan's financial sector. Additionally, it formed alliances with fintech partners for embedded insurance offerings and underwent internal reorganizations to integrate its banking and insurance arms more efficiently following market volatility in 2024. These changes position Shin Kong to capitalize on Taiwan's aging population and rising demand for integrated financial solutions.