China Cinda Asset Management Co Ltd operates within the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Cinda Asset Management Co Ltd with three other
insurance companies in Asia:
Sony Financial Holdings Inc.
of Japan
(2018
sales of 1.45 trillion Japanese Yen [US$13.37 billion]
of which 93%
was Life Insurance Business),
China Life Insurance Company Limited
of Taiwan
(333.84 billion Taiwanese Dollars [US$10.96 billion]
of which 100%
was Insurance & Related Activities), and
Shin Kong Financial Holding Company Limited
which is
also
based in Taiwan
(380.63 billion Taiwanese Dollars [US$12.49 billion]
of which 61%
was Life Insurance Business).
Sales Analysis.
During the year ended December of 2018, sales at
China Cinda Asset Management Co Ltd were HK$91.13 billion (US$11.64 billion).
This
is
a
sharp
decrease of 26.3%
versus 2017, when the company's sales were HK$123.69 billion.
Contributing to the drop in overall sales was the 29.9% decline
in Financial Services, from HK$49.58 billion to HK$34.78 billion.
.
However, these declines were partially offset by the increase in sales of
Distressed Asset Management (up 1.2% to HK$53.04 billion)
and
Financial Investment and Asset Managemen (up 6.4% to HK$41.50 billion)
.