Shinkong Insurance Co Ltd
Shinkong Insurance Co., Ltd. provides property insurance to individuals and corporates in Taiwan. It offers motor insurance, such as voluntary physical damage and automobile liability, and compulsory motor motorcycle liability; fire insurance, including residential fire, earthquake pool, commercial, typhoon, and flood; and marine insurance comprising marine cargo and hull, fishing vessel, aviatio… Read more
Shinkong Insurance Co Ltd (2850) - Total Assets
Latest total assets as of September 2025: NT$60.16 Billion TWD
Based on the latest financial reports, Shinkong Insurance Co Ltd (2850) holds total assets worth NT$60.16 Billion TWD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Shinkong Insurance Co Ltd - Total Assets Trend (2005–2024)
This chart illustrates how Shinkong Insurance Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shinkong Insurance Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shinkong Insurance Co Ltd's total assets of NT$60.16 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 27.3% |
| Accounts Receivable | NT$2.25 Billion | 4.1% |
| Inventory | NT$0.00 | 0.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$25.97 Million | 0.1% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Shinkong Insurance Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shinkong Insurance Co Ltd's current assets represent 0.0% of total assets in 2024, unchanged from 0.0% in 2005.
- Cash Position: Cash and equivalents constituted 27.3% of total assets in 2024, up from 17.6% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 4.1% of total assets.
Shinkong Insurance Co Ltd Competitors by Total Assets
Key competitors of Shinkong Insurance Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanwha General
KO:000370
|
Korea | ₩20.72 Trillion |
|
Lotte Non-Life
KO:000400
|
Korea | ₩14.88 Trillion |
|
Heungkuk F&M I
KO:000540
|
Korea | ₩13.12 Trillion |
|
Heungkuk Fire & Marine Insurance Co Ltd
KO:000545
|
Korea | ₩13.12 Trillion |
|
Samsung Fire & Marine Insurance
KO:000810
|
Korea | ₩88.44 Trillion |
|
Samsung Fire And Marine Ins Pref
KO:000815
|
Korea | ₩88.44 Trillion |
|
Hyundai Mar&Fi
KO:001450
|
Korea | ₩50.71 Trillion |
|
DB Insurance Co Ltd
KO:005830
|
Korea | ₩72.11 Trillion |
Shinkong Insurance Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Shinkong Insurance Co Ltd generates 0.38x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Shinkong Insurance Co Ltd generates $6.06 in net profit.
Shinkong Insurance Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.24 | 3.19 | 5.02 |
| Quick Ratio | 1.24 | 3.19 | 5.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$3.41 Billion | NT$ 9.10 Billion | NT$ 9.27 Billion |
Shinkong Insurance Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shinkong Insurance Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.88 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 16.1% |
| Total Assets | NT$54.61 Billion |
| Market Capitalization | $655.45 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shinkong Insurance Co Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Shinkong Insurance Co Ltd's assets grew by 16.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Shinkong Insurance Co Ltd (2005–2024)
The table below shows the annual total assets of Shinkong Insurance Co Ltd from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$54.61 Billion | +16.12% |
| 2023-12-31 | NT$47.03 Billion | +6.87% |
| 2022-12-31 | NT$44.00 Billion | +0.27% |
| 2021-12-31 | NT$43.89 Billion | +11.18% |
| 2020-12-31 | NT$39.47 Billion | +11.04% |
| 2019-12-31 | NT$35.55 Billion | +7.61% |
| 2018-12-31 | NT$33.03 Billion | +3.06% |
| 2017-12-31 | NT$32.05 Billion | +2.30% |
| 2016-12-31 | NT$31.33 Billion | +10.31% |
| 2015-12-31 | NT$28.40 Billion | +1.64% |
| 2014-12-31 | NT$27.95 Billion | +10.81% |
| 2013-12-31 | NT$25.22 Billion | +4.25% |
| 2012-12-31 | NT$24.19 Billion | +4.26% |
| 2011-12-31 | NT$23.20 Billion | -0.59% |
| 2010-12-31 | NT$23.34 Billion | +11.46% |
| 2009-12-31 | NT$20.94 Billion | +14.37% |
| 2008-12-31 | NT$18.31 Billion | +15.33% |
| 2007-12-31 | NT$15.88 Billion | +5.62% |
| 2006-12-31 | NT$15.03 Billion | +12.13% |
| 2005-12-31 | NT$13.41 Billion | -- |