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Companies Financials 2852.TW
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2852.TW TWSE Property & Casualty Insurance

First Insurance Co Ltd

$27,10
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Mcap
8,2B TWD
P/E
EV / Rev
Div yield
8,05 %
Op margin
ROE
9,6 %
Net margin
Debt / equity
0,00
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

First Insurance Co Ltd provides property and casualty insurance services in Taiwan and internationally, generating revenue primarily through premium income from insurance policies.

Business. First Insurance Co Ltd (2852.TW) is a property and casualty insurance company headquartered in Taiwan. The firm operates within the financials sector, generating revenue primarily through insurance premiums. It is listed on the Taiwan Stock Exchange. Specific details regarding operating segments and geographic breakdowns are not available.

Classification92 %
SectorFinancials
Business sectorInsurance
IndustryProperty & Casualty Insurance
ActivityInsurance
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
9,6 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 2852.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 2852.TW. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    First Insurance Co Ltd (2852.TW) is a property and casualty insurance company headquartered in Taiwan. The firm operates within the financials sector, generating revenue primarily through insurance premiums. It is listed on the Taiwan Stock Exchange. Specific details regarding operating segments and geographic breakdowns are not available.

    Classification92 %
    SectorFinancials
    Business sectorInsurance
    IndustryProperty & Casualty Insurance
    ActivityInsurance
    AI synthesis
    GENERATED

    First Insurance Co Ltd maintains a strong liquidity position, with a price-to-book ratio of 0.88 and a price-to-tangible-book ratio of 0.88, indicating that the company's market value is slightly below its book value. The company's cash and equivalents amount to TWD 402,577,000, and its operating cash flow is TWD 468,100,000, suggesting robust short-term liquidity. The company's debt-to-equity ratio is 0.0, indicating no long-term debt obligations, which further supports its liquidity profile.

    In terms of profitability, First Insurance Co Ltd reported a net income of TWD 880,192,000 and an operating income of TWD 1,078,807,000, reflecting a healthy return on equity of 9.62% and a return on assets of 4.35%. These metrics are in line with the industry's preferred metrics for property and casualty insurance companies, which emphasize strong underwriting performance and asset management efficiency.

    The company's revenue is primarily concentrated in its core insurance operations, with no significant geographic diversification disclosed in the available data. This concentration may expose the company to regional economic fluctuations, but it also allows for focused operational expertise in its primary markets.

    Looking ahead, the company is projected to maintain a stable growth trajectory, with no significant changes in revenue expected in the next fiscal year. The company's free cash flow of TWD 240,901,000 and operating cash flow of TWD 468,100,000 support its ability to fund operations and potentially invest in growth opportunities.

    The risk assessment for First Insurance Co Ltd indicates low liquidity and dilution risks, with no immediate filing-based flags detected. The company's capital structure is currently free of long-term debt, and there are no signs of near-term dilution pressure. The absence of dilution sources in the latest filings suggests a stable equity structure.

    Recent events, including filings and transcripts, have not indicated any material changes in the company's operations or strategic direction. The company's financial health and operational performance remain consistent with its historical trends, supporting a stable outlook for the near term.

    Key takeaways
    • First Insurance Co Ltd has a strong liquidity position with no long-term debt and healthy cash reserves.
    • The company's profitability metrics, including a 9.62% return on equity, are in line with industry standards.
    • Revenue is concentrated in core insurance operations, with no significant geographic diversification.
    • The company is projected to maintain stable growth with no significant changes in revenue expected.
    • Low liquidity and dilution risks, with no immediate filing-based flags detected.
    • Recent events have not indicated any material changes in the company's operations or strategic direction.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $27,10
    Market cap
    $8.06B
    Enterprise value
    $7.66B
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    16.4x
    P / B
    0.9x
    P / Tangible book
    0.9x
    Tangible book
    $9.15B
    Net cash
    $398.6M
    Current ratio
    Debt / equity
    0.0
    ROA
    4.3%
    ROE
    9.6%
    Cash conversion
    53.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    ROE9,6 %Above median
    D/E0,00Above median
    Cash Conv0,53Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • First Insurance Co Ltd Market data — financials · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2852.TWCanonical
    TWSE · TWD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage