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Shin Kong Financial Holding Co (TPE:2888) Credit Losses Provision : NT$0 Mil (As of Mar. 2024)


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What is Shin Kong Financial Holding Co Credit Losses Provision?

Shin Kong Financial Holding Co's credit losses provision for the three months ended in Mar. 2024 was NT$0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was NT$0 Mil.

Shin Kong Financial Holding Co Credit Losses Provision Historical Data

The historical data trend for Shin Kong Financial Holding Co's Credit Losses Provision 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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Shin Kong Financial Holding Co Credit Losses Provision Chart

Shin Kong Financial Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
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Shin Kong Financial Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Shin Kong Financial Holding Co Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$0 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.

Shin Kong Financial Holding Co (TPE:2888) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Shin Kong Financial Holding Co Ltd (TPE:2888) » Definitions » Credit Losses Provision
Comparable Companies
TPE:2883 TPE:2867 ROCO:5859 TPE:2905 TPE:2882 SHSE:601318 SHSE:601628 HKSE:01299 BOM:543526 AFL MET SHSE:601601 PRU TSX:MFC LSE:PRU TSX:GWO TPE:2881 TSE:8750 BOM:540777 BOM:540719
Traded in Other Exchanges
2888B.PFD:Taiwan 2888A.PFD:Taiwan
Address
No. 66 Chung-Hsiao West Road, Section 1, 38th Floor, Taipei, TWN
Website
https://www.skfh.com.tw
Shin Kong Financial Holding Co Ltd is a Taiwanese financial services company, mainly offering insurance and banking. Its subsidiaries offer life insurance, banking, asset management, securities, property insurance agency, and venture capital. The company is engaged in other various nonfinancial operations: natural gas and telecommunication services; construction, leasing, sale, and management of high-end residential, office, and commercial properties; production of high-quality textiles; and healthcare. Its segment comprises Insurance; Banking; Securities; and Others out of which the Insurance segment derives the majority of revenue.

Shin Kong Financial Holding Co (TPE:2888) Headlines

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