China Reinsurance (Group) Corporation logo

China Reinsurance (Group) Corporation

1508.HK

HKSEFinancial ServicesInsurance - Reinsurance

Latest quote

HK$1.21

−HK$0.065 · -5.10%

Aug 24, 4:08 PM HKT

1508.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

China Reinsurance (Group) Corporation, along with its affiliated companies, functions as a leading reinsurance enterprise operating within the People's Republic of China and internationally. Its diverse business activities are structured into key segments, including Property and Casualty Reinsurance, Life and Health Reinsurance, Primary Property and Casualty Insurance, Asset Management, and other ancillary divisions. The company delivers a wide array of reinsurance solutions covering risks such as motor vehicles, commercial and household property, engineering, marine hull and cargo, liability, credit and guarantee, personal accident, health, agriculture, life and annuity, space and aviation, energy, and nuclear risks. Beyond reinsurance, it also offers comprehensive insurance agency services, which involve risk identification, assessment, and consultation; insurance program design and procurement; policy and claims administration; disaster and accident prevention management; holistic risk management; and the arrangement of reinsurance. Furthermore, its service portfolio extends to asset management, insurance brokerage, risk evaluation and oversight, underwriting agency services, risk advisory, management consulting, and investment management. The corporation is also active in issuing bonds. Its engagement also encompasses an e-commerce business and the provision of various multi-asset investment products, such as project-based financing programs, asset-backed securities, and investment initiatives for infrastructure and real estate. Established in 1949, China Reinsurance (Group) Corporation's principal office is located in Beijing, People's Republic of China, and it operates as a subsidiary of Central Huijin Investment Ltd.

Industry
Insurance - Reinsurance
Sector
Financial Services
Headquarters
CN
CEO
Qianzhi Zhuang
Listed since
Oct 26, 2015
Employees
47,912

Market position

Day range

Current HK$1.21

52-week range

Current HK$1.21

Open
HK$1.275
Previous close
HK$1.275
Volume
25.88M
1.14× average
Average volume
22.77M
Average daily volume
Market cap
51.4B HKD
Beta
0.79
Market reference 1
50-day average
HK$1.2247
-1.20% below average
200-day average
HK$1.4662
-17.48% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
4.48×
P/B (TTM)
0.4×
P/S (TTM)
0.38×
Dividend yield
6.57%

Profitability & efficiency

Gross margin
100.00%
Operating margin
48.39%
Net margin
8.45%

Financial health

Debt / equity
0.13×
Altman Z-score
0.24
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends111%68%25%-18%Gross margin, FY2021: 100.00%Gross margin, FY2022: 2.50%Gross margin, FY2023: 100.00%Gross margin, FY2024: 100.00%Gross margin, FY2025: 99.90%Operating margin, FY2021: 90.86%Operating margin, FY2022: 0.64%Operating margin, FY2023: -7.03%Operating margin, FY2024: 16.13%Operating margin, FY2025: 10.88%Net margin, FY2021: 3.63%Net margin, FY2022: -0.37%Net margin, FY2023: 5.95%Net margin, FY2024: 12.34%Net margin, FY2025: 8.41%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 2.50%. Gross margin FY2023 100.00%. Gross margin FY2024 100.00%. Gross margin FY2025 99.90%. Operating margin FY2021 90.86%. Operating margin FY2022 0.64%. Operating margin FY2023 -7.03%. Operating margin FY2024 16.13%. Operating margin FY2025 10.88%. Net margin FY2021 3.63%. Net margin FY2022 -0.37%. Net margin FY2023 5.95%. Net margin FY2024 12.34%. Net margin FY2025 8.41%.

Income trends

Revenue

113.12B CNY+32.25%

Operating income

12.31B CNY-10.82%

Net income

9.52B CNY-9.84%
Income trends across reported periods181.01B CNY112.76B CNY44.51B CNY−23.74B CNYRevenue, FY2021: 163.95B CNYRevenue, FY2022: 88.27B CNYRevenue, FY2023: 94.96B CNYRevenue, FY2024: 85.54B CNYRevenue, FY2025: 113.12B CNYOperating income, FY2021: 148.96B CNYOperating income, FY2022: 565.62M CNYOperating income, FY2023: −6.68B CNYOperating income, FY2024: 13.8B CNYOperating income, FY2025: 12.31B CNYNet income, FY2021: 5.95B CNYNet income, FY2022: −324.65M CNYNet income, FY2023: 5.65B CNYNet income, FY2024: 10.56B CNYNet income, FY2025: 9.52B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 163.95B CNY. Revenue FY2022 88.27B CNY. Revenue FY2023 94.96B CNY. Revenue FY2024 85.54B CNY. Revenue FY2025 113.12B CNY. Operating income FY2021 148.96B CNY. Operating income FY2022 565.62M CNY. Operating income FY2023 −6.68B CNY. Operating income FY2024 13.8B CNY. Operating income FY2025 12.31B CNY. Net income FY2021 5.95B CNY. Net income FY2022 −324.65M CNY. Net income FY2023 5.65B CNY. Net income FY2024 10.56B CNY. Net income FY2025 9.52B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue113.12B CNY85.54B CNY94.96B CNY88.27B CNY163.95B CNY
Cost of goods sold113.87M CNY−4.92B CNY−4.21B CNY86.07B CNY
Gross profit113B CNY85.54B CNY94.96B CNY2.21B CNY163.95B CNY
Selling, general, and administrative6.89B CNY6.57B CNY7.81B CNY7.79B CNY7.45B CNY
Operating expenses100.37B CNY76.66B CNY101.63B CNY3.57B CNY14.99B CNY
Interest income13.05B CNY11.89B CNY
Interest expense1.62B CNY2.01B CNY2.32B CNY1.94B CNY2.05B CNY
Depreciation and amortization955.87M CNY1.24B CNY1.31B CNY1.28B CNY1.22B CNY
Operating income12.31B CNY13.8B CNY−6.68B CNY565.62M CNY148.96B CNY
Net income9.52B CNY10.56B CNY5.65B CNY−324.65M CNY5.95B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 0 misses, 1 met estimate
Average EPS surprise
0.00%
1 comparable report
Latest EPS result
0.09

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.20.120.03-0.06Q3 '22No estimateQ2 '23No estimateQ3 '23No estimateQ1 '24No estimateQ4 '24No estimateQ1 '25No estimateQ3 '25MetQ1 '26No estimate
Q3 2022, reported Aug 29, 2022: actual 0.047, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 26, 2023: actual -0.021, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 0.051, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 0.145, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 30, 2024: actual 0.145, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 0.121, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 30, 2025: actual 0.163, estimate 0.163, surprise 0.00%, Met estimate. Q1 2026, reported Mar 30, 2026: actual 0.091, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates153.39B116B78.6B41.2BQ2 '23No estimateQ3 '23No estimateQ1 '24MissQ4 '24No estimateQ1 '25No estimateQ3 '25MissQ1 '26MetQ3 '26Estimate
Q2 2023, reported Apr 26, 2023: actual 48.47B HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 49.82B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 67.88B HKD, estimate 145.62B HKD, surprise -53.39%, Miss. Q4 2024, reported Oct 30, 2024: actual 57.38B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 53.43B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 30, 2025: actual 58.01B HKD, estimate 66.39B HKD, surprise -12.63%, Miss. Q1 2026, reported Mar 30, 2026: actual 68.84B HKD, estimate 68.84B HKD, surprise 0.00%, Met estimate. Q3 2026, reported Aug 28, 2026: actual —, estimate 70B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.0548

2025 complete year-44.4% since 2021

2026 partial: HK$0.0795

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 30, 2026

HK$0.0795

Annual

Record Jul 2, 2026 · Payment Aug 21, 2026

Dividend

Ex-dividend Jul 2, 2025

HK$0.0548

Annual

Record Jul 3, 2025 · Payment Aug 22, 2025

Dividend

Ex-dividend Jul 3, 2024

HK$0.046

Annual

Record Jul 4, 2024 · Payment Aug 23, 2024

Dividend

Ex-dividend Jun 29, 2023

HK$0.0153

Annual

Record Jun 30, 2023 · Payment Aug 22, 2023

Dividend

Ex-dividend Jun 27, 2022

HK$0.0527

Annual

Record Jun 28, 2022 · Payment Aug 18, 2022

Dividend

Ex-dividend Jun 29, 2021

HK$0.0492

Annual

Record Jul 1, 2021 · Payment Aug 20, 2021

ETFs holding 1508.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research 1508.HK

research.disclaimer