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Sunshine Insurance Group Co (HKSE:06963) Enterprise Value : HK$34,992 Mil (As of Jun. 07, 2024)


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What is Sunshine Insurance Group Co Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Sunshine Insurance Group Co's Enterprise Value is HK$34,992 Mil. Sunshine Insurance Group Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$7,531 Mil. Therefore, Sunshine Insurance Group Co's EV-to-EBIT ratio for today is 4.65.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Sunshine Insurance Group Co's Enterprise Value is HK$34,992 Mil. Sunshine Insurance Group Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$9,353 Mil. Therefore, Sunshine Insurance Group Co's EV-to-EBITDA ratio for today is 3.74.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Sunshine Insurance Group Co's Enterprise Value is HK$34,992 Mil. Sunshine Insurance Group Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$69,366 Mil. Therefore, Sunshine Insurance Group Co's EV-to-Revenue ratio for today is 0.50.


Sunshine Insurance Group Co Enterprise Value Historical Data

The historical data trend for Sunshine Insurance Group Co's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sunshine Insurance Group Co Enterprise Value Chart

Sunshine Insurance Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
- - - 59,376.56 58,622.06

Sunshine Insurance Group Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value Get a 7-Day Free Trial - - 59,376.56 53,200.29 58,622.06

Competitive Comparison of Sunshine Insurance Group Co's Enterprise Value

For the Insurance - Property & Casualty subindustry, Sunshine Insurance Group Co's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sunshine Insurance Group Co's Enterprise Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Sunshine Insurance Group Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Sunshine Insurance Group Co's Enterprise Value falls into.



Sunshine Insurance Group Co Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Sunshine Insurance Group Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Sunshine Insurance Group Co's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sunshine Insurance Group Co  (HKSE:06963) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Sunshine Insurance Group Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=34992.093/7530.675
=4.65

Sunshine Insurance Group Co's current Enterprise Value is HK$34,992 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Sunshine Insurance Group Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$7,531 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Sunshine Insurance Group Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=34992.093/9352.911
=3.74

Sunshine Insurance Group Co's current Enterprise Value is HK$34,992 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Sunshine Insurance Group Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$9,353 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Sunshine Insurance Group Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=34992.093/69366.413
=0.50

Sunshine Insurance Group Co's current Enterprise Value is HK$34,992 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Sunshine Insurance Group Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$69,366 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sunshine Insurance Group Co Enterprise Value Related Terms

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Sunshine Insurance Group Co (HKSE:06963) Business Description

Traded in Other Exchanges
N/A
Address
No. 7002, Hongli West Road, 17th Floor, Block A First World Plaza, Futian District, Shenzhen, CHN, 518034
Website
Sunshine Insurance Group Co Ltd is mainly engaged in the insurance business. The company has three operating segments; The life insurance segment offers a wide range of life insurance products mainly by Sunshine Life, The property and casualty insurance segment offers a wide range of property and casualty insurance products mainly by Sunshine P&C and Sunshine Surety, and Other businesses segment mainly provides corporation management and assets management services. It derives a majority of its revenue from the Life insurance segment.
Executives
Hua Tai Zi Jin Tou Zi You Xian Ze Ren Gong Si
Hua Tai Zheng Quan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Qian Hai Rui Lian Qi Hao Tou Zi Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Bei Jing Hong Yu Zi Xun Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Shan Rui Lian Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Nan Jing Hua Tai Rui Lian Bing Gou Ji Jin Yi Hao You Xian He Huo 2201 Interest of corporation controlled by you
Nan Jing Rui Lian Guan Li Zi Xun He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Jiang Su Hua Tai Rui Lian Bing Gou Ji Jin You Xian He Huo 2201 Interest of corporation controlled by you
Jiang Su Tian Cheng Wu Ye Fa Zhan You Xian Ze Ren Gong Si 2101 Beneficial owner
Bei Jing Lin Qi Hao Rui Zi Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Xi Zang Hong Yu Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Shi You Hua Gong Ji Tuan You Xian Gong Si 2101 Beneficial owner
Zhong Guo Cheng Tong Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Dynamic Sunrise Limited
Wong Kwong Miu

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