AIA’s New Business Growth Benefits From a Strong MCV Business Recovery in 2023
AIA has strong momentum in most markets in which it operates in the Asia-Pacific region, thanks to a reputable brand, successful strategic focus, and strong agency force.
AIA Group Ltd 01299
Bulls Say, Bears Say
Bulls
AIA has demonstrated strong execution and full preparation for China expansion since 2020.
Bears
The appreciation of the U.S. dollar against major Asia-Pacific currencies will drag on its reported new business value.
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News
Trading Information
- Previous Close Price
- HKD 51.55
- Day Range
- HKD 51.60–54.45
- 52-Week Range
- HKD 45.25–86.80
- Bid/Ask
- HKD 54.00 / HKD 54.05
- Market Cap
- HKD 606.70 Bil
- Volume/Avg
- 83.3 Mil / 40.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- 19.45
- Price/Sales
- 3.61
- Dividend Yield (Trailing)
- 3.02%
- Dividend Yield (Forward)
- 4.62%
- Total Yield
- 7.94%
Company Profile
AIA is one of the largest pan-Asian insurance providers with a wide range of products including retirement savings plans, life insurance, and accident and health insurance. The company is headquartered in Hong Kong. It was previously part of AIG and went for a separate listing in Hong Kong in 2010. The firm also provides employee benefits, credit life, and pension services to corporate clients. AIA is present in 18 markets and serves the holders of more than 30 million individual policies and over 16 million participating members of group insurance schemes.
- Sector
- Financial Services
- Industry
- Insurance - Life
- Stock Style Box
- Large Value
- Total Number of Employees
- 27,320
- Website
- https://www.aia.com
Competitors
Valuation
|
Metric
|
01299
|
PUK
|
601318
|
|---|---|---|---|
Price/Earnings (Normalized) | 19.45 | 9.94 | 8.67 |
Price/Book Value | 1.77 | 1.44 | 0.82 |
Price/Sales | 3.61 | 2.14 | 0.92 |
Price/Cash Flow | — | — | 3.26 |
Price/Earnings
01299
PUK
601318
Financial Strength
|
Metric
|
01299
|
PUK
|
601318
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 10.41 | 13.19 | 1.00 |
Quick Ratio
No chart available
Profitability
|
Metric
|
01299
|
PUK
|
601318
|
|---|---|---|---|
Return on Assets (Normalized) | 2.24% | 1.04% | 0.94% |
Return on Equity (Normalized) | 14.49% | 10.04% | 11.99% |
Return on Invested Capital (Normalized) | 11.61% | 8.15% | 7.89% |
Return on Assets
01299
PUK
601318
Insurance - Life Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
PIAIF
| Ping An Insurance (Group) Co. of China Ltd Class H | Ftsjpqrb | Jvwmg | $94.5 Bil | |
PNGAY
| Ping An Insurance (Group) Co. of China Ltd ADR | — | Rdsh | $93.0 Bil | |
CILJF
| China Life Insurance Co Ltd Class H | — | Ytz | $92.8 Bil | |
AAGIY
| AIA Group Ltd ADR | — | Kqq | $74.0 Bil | |
AAIGF
| AIA Group Ltd | — | Rbh | $72.3 Bil | |
MET
| MetLife Inc | Mllqmgmhm | Vtlg | $52.6 Bil | |
AFL
| Aflac Inc | Wgbrldf | Dfckjz | $48.2 Bil | |
MFC
| Manulife Financial Corp | Bfgsyqfn | Sqrmm | $41.4 Bil | |
PRU
| Prudential Financial Inc | Jwkmhbyq | Mjf | $40.0 Bil | |
PUK
| Prudential PLC ADR | Jfgnypx | Zqxj | $25.2 Bil |