Equities

New China Life Insurance Company Ltd

New China Life Insurance Company Ltd

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FinancialsLife Insurance
  • Price (CNY)32.03
  • Today's Change-18.10 / -36.11%
  • Shares traded12.24m
  • 1 Year change-1.36%
  • Beta1.6341
Data delayed at least 15 minutes, as of Sep 13 2024 08:00 BST.
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Financials data is unavailable for this security.

Inc stmt in CNYIncome statement in CNYView more

Year on year New China Life Insurance Company Ltd's revenues fell -32.51% from 65.29bn to 44.07bn. This along with an increase in selling, general and administrative costs has contributed to a reduction in net income from 21.50bn to 8.71bn, a -59.48% decrease.
Gross margin--
Net profit margin32.91%
Operating margin33.39%
Return on assets1.31%
Return on equity19.91%
Return on investment--
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Cash flow in CNYView more

In 2023, New China Life Insurance Company Ltd increased its cash reserves by 23.89%, or 4.20bn. The company earned 91.55bn from its operations for a Cash Flow Margin of 207.75%. In addition the company generated 69.29bn cash from financing while 156.65bn was spent on investing.
Cash flow per share--
Price/Cash flow per share--
Book value per share29.18
Tangible book value per share27.95
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Balance sheet in CNYView more

New China Life Insurance Company Ltd has a Debt to Total Capital ratio of 25.54%, a higher figure than the previous year's 10.09%.
Current ratio--
Quick ratio--
Total debt/total equity0.343
Total debt/total capital0.2554
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Growth rates in CNY

Year on year, both dividends per share and earnings per share excluding extraordinary items growth dropped -21.30% and -59.48%, respectively. Additionally when measured on a five year annualized basis, both dividend per share and earnings per share growth ranked in-line with the industry average relative to its peers.
Div yield(5 year avg)2.98%
Div growth rate (5 year)2.00%
Payout ratio (TTM)0.13%
EPS growth(5 years)1.92
EPS (TTM) vs
TTM 1 year ago
0.5456
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