WinstonWınston
Back
Stock

AIA Group Limited

1299.HK
58
Insurance - Life · Financial Services
Price
HK$71.25
+2.00 (+2.89%)
Market Cap
HK$734.24B
Exchange
Hong Kong Stock Exchange
Winston Score
58
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Oct 10, 2026 · filings through Jun 30, 2026

§How the score breaks down

Quality
Strong
23/30
Growth
Strong
15/20
Cash Flow
Weak
1/10
Stability
Strong
8/10
Valuation
Good
6/10
Ownership
Weak
1/15
Dividends
Strong
4/5

58 of 100 counted points = Winston Score 58.

Track this stock — start free trial

Share count falling — buybacks

−12.6% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 12.09B (2021) → 10.56B (2025)

§Winston Score History

The full picture

AIA Group is one of the largest life insurance companies in Asia. It sells life insurance, health insurance, and savings products to individual customers across more than a dozen Asian markets. The company is headquartered in Hong Kong and has been operating in Asia for over a century, giving it one of the most recognized insurance brands in the region.

AIA makes money by collecting premiums from policyholders and investing those funds, earning returns that cover future claims and generate profit. It operates across markets including China, Hong Kong, Thailand, Singapore, Malaysia, and several other Asian countries, with over 40 million individual policyholders. Its long history and deep distribution network of agents give it a strong competitive position, but its biggest risk is slower economic growth or regulatory changes across Asia, particularly in mainland China, which represents a major source of new business growth.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+31.0% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+70.8% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (7%)

Research and development spending

Insider Activity

0.0%ownership

Relatively low insider ownership

Cash Position

Cash flow positive

$337.1B cash & investments

Quarterly Free Cash Flow

Company generates more cash than it spends — no dilution risk from fundraising

Revenue accelerating

AIA Group Limited grew revenue 31% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
58.7%
Premium pricing power — 58.7% gross margin
Profit after running costs
Operating Margin
29.6%
Excellent — 29.6% operating margin
Return on the money invested
ROCE
15.4%
Strong — 15.4% return on capital

ROIC between 15% and 25%. Every dollar invested in the business earns 15 to 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
+35.1%
Fast-growing sales (+35.1% YoY)
Profit growth
EPS YoY
+35.7%
Earnings growing fast (+35.7% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is
EPS Consistency
5/8 quarters
Mixed — about half the quarters showed growth

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
20%
Weak — only 20% of profit becomes cash
Spare cash per sale
FCF Margin
4.1%
Thin free cash flow (4.1%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.52
Conservative — low debt load (0.52)
Covers its interest
Interest Cover
14.12x
Comfortably covers interest (14.1x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
11.9x
Attractive valuation — P/E 11.9

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year
P/E vs Forward
+0.6
GROWING
Earnings roughly flat

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend
Dividend Yield
2.91%
Moderate income — 2.91% yield

Standard yield zone for stable dividend payers. A meaningful piece of total return.

Dividend record
Dividend Growth
+18.4%
Dividend growing fast (18.4% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial