Central Reinsurance Corp

TW:2851 Taiwan Insurance - Reinsurance
Market Cap
$719.68 Million
NT$23.81 Billion TWD
Market Cap Rank
#12247 Global
#366 in Taiwan
Share Price
NT$29.75
Change (1 day)
+2.94%
52-Week Range
NT$22.10 - NT$29.75
All Time High
NT$36.55
About

Central Reinsurance Corporation provides various property and life inward and outward reinsurance services in Taiwan and internationally. It offers non-life insurance products, such as fire, marine and aviation, casualty, motor, engineering, and residential earthquake insurance products. The company also provides life, personal accident, and health insurance products; and risk management solution… Read more

Central Reinsurance Corp (2851) - Total Assets

Latest total assets as of June 2025: NT$57.54 Billion TWD

Based on the latest financial reports, Central Reinsurance Corp (2851) holds total assets worth NT$57.54 Billion TWD as of June 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.

Central Reinsurance Corp - Total Assets Trend (2000–2024)

This chart illustrates how Central Reinsurance Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Central Reinsurance Corp - Asset Composition Analysis

Current Asset Composition (December 2024)

Central Reinsurance Corp's total assets of NT$57.54 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 20.2%
Accounts Receivable NT$743.51 Million 1.3%
Inventory NT$0.00 0.0%
Property, Plant & Equipment NT$0.00 0.0%
Intangible Assets NT$10.39 Million 0.0%
Goodwill NT$0.00 0.0%

Asset Composition Trend (2000–2024)

This chart illustrates how Central Reinsurance Corp'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: Central Reinsurance Corp's current assets represent 0.0% of total assets in 2024, unchanged from 0.0% in 2000.
  • Cash Position: Cash and equivalents constituted 20.2% of total assets in 2024, down from 52.6% in 2000.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
  • Asset Diversification: The largest asset category is accounts receivable at 1.3% of total assets.

Central Reinsurance Corp Competitors by Total Assets

Key competitors of Central Reinsurance Corp based on total assets are shown below.

Company Country Total Assets
Korean Reinsu
KO:003690
Korea ₩13.18 Trillion
MNRB Holdings Bhd
KLSE:6459
Malaysia RM14.14 Billion
American Overseas Group Ltd
PINK:AOREF
USA $936.58 Million
COMSTOCK HLDG-A
F:CHO
Germany €2.09 Billion
Conduit Holdings Limited
OTCGREY:CNDHF
USA $2.09 Billion
COFACE SA
PINK:COFAF
USA $8.09 Billion
Everest Group Ltd
NYSE:EG
USA $62.51 Billion
General Insurance Corporation of India
NSE:GICRE
India ₹2.11 Trillion

Central Reinsurance Corp - 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

Historical Range: 0.40 - 0.42

Lower asset utilization - Central Reinsurance Corp generates 0.40x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 0.50% - 4.35%

Moderate ROA - For every $100 in assets, Central Reinsurance Corp generates $ 4.35 in net profit.

Central Reinsurance Corp - 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 0.63 23.57 33.24
Quick Ratio 0.63 23.57 33.24
Cash Ratio 0.00 0.00 0.00
Working Capital NT$-9.27 Billion NT$ 18.28 Billion NT$ 13.41 Billion

Central Reinsurance Corp - Advanced Valuation Insights

This section examines the relationship between Central Reinsurance Corp'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 1.00
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 7.3%
Total Assets NT$57.85 Billion
Market Capitalization $338.13 Million USD

Valuation Analysis

Below Book Valuation: The market values Central Reinsurance Corp's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Central Reinsurance Corp's assets grew by 7.3% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Central Reinsurance Corp (2000–2024)

The table below shows the annual total assets of Central Reinsurance Corp from 2000 to 2024.

Year Total Assets Change
2024-12-31 NT$57.85 Billion +7.34%
2023-12-31 NT$53.90 Billion +7.21%
2022-12-31 NT$50.27 Billion +1.63%
2021-12-31 NT$49.46 Billion +15.81%
2020-12-31 NT$42.71 Billion +9.07%
2019-12-31 NT$39.16 Billion +5.02%
2018-12-31 NT$37.29 Billion +2.14%
2017-12-31 NT$36.51 Billion +8.70%
2016-12-31 NT$33.59 Billion +0.97%
2015-12-31 NT$33.27 Billion -2.19%
2014-12-31 NT$34.01 Billion +3.25%
2013-12-31 NT$32.94 Billion +2.61%
2012-12-31 NT$32.10 Billion +5.32%
2011-12-31 NT$30.48 Billion +1.55%
2010-12-31 NT$30.01 Billion +1.11%
2009-12-31 NT$29.68 Billion +14.68%
2008-12-31 NT$25.88 Billion -1.47%
2007-12-31 NT$26.27 Billion +9.62%
2006-12-31 NT$23.96 Billion +5.19%
2005-12-31 NT$22.78 Billion +13.13%
2004-12-31 NT$20.14 Billion +7.95%
2003-12-31 NT$18.65 Billion +15.46%
2002-12-31 NT$16.16 Billion +4.92%
2001-12-31 NT$15.40 Billion +12.34%
2000-12-31 NT$13.71 Billion --