Sunshine Insurance Group Co. Ltd.

Sunshine Insurance Group Co. Ltd.

3.30
HKD
-0.08
(-2.51%)
44.63BMarket Cap
Mar 31Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.72
9.85
11.56
5.94
5.51
6.37
6.74
- -
Basic EPS, GAAP
0.44
0.49
0.57
0.43
0.32
0.47
0.55
- -
Free Cash Flow per Basic Share
2.28
3.2
4.14
2.35
1.59
2.78
5.54
- -
Dividend per Share
0.07
0.03
0.15
0.16
0.18
0.17
0.17
- -
Book Value per Share
4.34
4.85
4.4
5.05
5.26
5.4
5.06
5.06
Tangible Book Value per Share
4.14
4.65
4.2
4.85
5.09
5.24
4.91
4.91
Basic Weighted Avg Shares
11,502
11,502
10,351
10,421
11,502
11,502
11,502
11,502
Sales/Revenue/Turnover
100,338
113,236
119,650
61,948
63,419
73,311
77,570
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1,564
1,601
1,740
1,668
1,701
1,642
1,658
- -
Net Income, GAAP
5,086
5,619
5,883
4,494
3,738
5,449
6,307
- -
Effective Tax Rate (%)
- -
11.48
- -
3.68
33.04
31.65
7.54
- -
Profit Margin (%)
5.07
4.96
4.92
7.25
5.89
7.43
8.13
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
17,928
17,496
13,845
12,907
20,064
20,101
20,083
20,083
Total Equity
51,143
56,947
51,758
59,353
61,789
63,413
64,737
64,737
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
9.53
- -
7.72
5.65
7.56
8.34
- -
Return on Common Equity (%)
- -
10.63
11.06
8.27
6.31
8.89
10.49
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
19,507
19,665
19,522
LT Finance Leases
594
603
561
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11,502
11,502
11,502
Market Capitalization
29,504
34,113
40,099

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
366,711
375,698
399,005
Accounts Receivable, Net
519
- -
555
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
2.88%
2.09%
Free Cash Flow
- -
24.46%
99%
Net Income, GAAP
- -
5.16%
15.75%
Sales/Revenue/Turnover
- -
-3.76%
5.81%
Total Cash Common Dividend
- -
63.41%
3.86%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
63,419
2024
- -
- -
73,311
2025
- -
- -
77,570

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.32
2024
- -
- -
0.47
2025
- -
- -
0.55

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.18
2024
- -
- -
0.17
2025
- -
- -
0.17

Company Description

CEO
Weigong Zhang
Full Time Employees
45,748
Sector
Finance
Industry
Multi-line insurance
Address
40/F, Dah Sing Financial Centre Shenzhen GD China
IPO Date
Dec 9, 2022
Business
Sunshine Insurance Group Company Limited (6963.HK) is a China-based diversified insurance provider principally engaged in life insurance, health insurance, accident insurance, and property and casualty insurance. The company operates through Life Insurance, Property and Casualty Insurance, and Other Businesses segments, offering life, health, and accident insurance products; property and casualty insurance products comprising automobile, accident, short-term health, guarantee, liability, agriculture, and commercial property insurance; credit and guarantee insurance; and asset management services. Founded in 2005 and headquartered in Shenzhen, China, with primary operations in the People's Republic of China, Sunshine Insurance Group employs approximately 48,000 people and maintains subsidiaries including Sunshine Life Insurance Co., Ltd. and Sunshine P&C. Recent developments include the launch of a private fund manager, Sunshine Hengyi (Qingdao) Private Equity Fund Management Co. Ltd., by its subsidiary Sunshine Life in late 2025, with a planned 20 billion yuan investment in a 10-year fund targeting high-dividend assets, high-tech sectors, and countercyclical strategies under a government pilot program; an acquisition of approximately 40% of JC International Finance & Leasing Co. Ltd. for 1.3 billion yuan in November 2024 to expand into equipment leasing; and strong first-half 2025 performance with life insurance new business value surging 47.3% and growth in non-auto insurance premiums, alongside board appointments and strategic shifts toward high-quality development and optimized asset allocation.