Sunshine Insurance Group Co Ltd
HKEX:6963
Sunshine Insurance Group Co Ltd
Tax Provision
Sunshine Insurance Group Co Ltd
Tax Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Tax Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
S
|
Sunshine Insurance Group Co Ltd
HKEX:6963
|
Tax Provision
-ÂĄ1.9B
|
CAGR 3-Years
-37%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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China Life Insurance Co Ltd
SSE:601628
|
Tax Provision
-ÂĄ18.3B
|
CAGR 3-Years
-59%
|
CAGR 5-Years
-82%
|
CAGR 10-Years
-12%
|
|
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Ping An Insurance Group Co of China Ltd
SSE:601318
|
Tax Provision
-ÂĄ18B
|
CAGR 3-Years
7%
|
CAGR 5-Years
9%
|
CAGR 10-Years
-3%
|
|
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New China Life Insurance Company Ltd
SSE:601336
|
Tax Provision
-ÂĄ256m
|
CAGR 3-Years
43%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
14%
|
|
H
|
Hubei Biocause Pharmaceutical Co Ltd
SZSE:000627
|
Tax Provision
ÂĄ196.7m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Sunshine Insurance Group Co Ltd
Glance View
Imagine a landscape where risk and uncertainty need navigation, and nestled within that field is Sunshine Insurance Group Co Ltd, a formidable player in China's insurance sector. Conceived in 2005, Sunshine Insurance has quickly risen through the ranks by offering a symphony of diversified insurance products. From life and property insurance to more niche market offerings, the company has created a tapestry that caters to a broad range of clientele, securing its footing as a household name. The company not only promises peace of mind through its comprehensive coverage plans but also fortifies this promise with thoughtful customer service, ensuring that its clientele feels attended to and valued. Sunshine Insurance makes its money through a cocktail of premium collections, investment income, and underwriting profits. The company collects premiums by offering policies across life, health, and property insurance sectors. It invests these premiums in various assets, generating returns that further boost its financial standing. The underwriting process is critical, where actuarial precision and risk assessment are honed to balance the scales of premium pricing and claim payout. By managing risks effectively and maintaining robust capital reserves, Sunshine Insurance not only thrives on the premiums received but also augments its coffers through strategic investments, painting a picture of a company that works like a well-oiled machine attuned to the nuances of a volatile world.
See Also
What is Sunshine Insurance Group Co Ltd's Tax Provision?
Tax Provision
-1.9B
CNY
Based on the financial report for Dec 31, 2023, Sunshine Insurance Group Co Ltd's Tax Provision amounts to -1.9B CNY.
What is Sunshine Insurance Group Co Ltd's Tax Provision growth rate?
Tax Provision CAGR 3Y
-37%
Over the last year, the Tax Provision growth was -978%. The average annual Tax Provision growth rates for Sunshine Insurance Group Co Ltd have been -37% over the past three years .