New China Life Insurance Co Ltd

New China Life Insurance Co Ltd

601336 · SHG · Financial Services / Insurance - Life

51.50CNY+0.39 (+0.76%)

Price History

Full chart

Market Stats

Previous Close51.11
Open51.08
Day Range50.87 – 51.66
52-Week Range55.01 – 85.85
Volume8.73M
Market Cap175.79B
P/E (TTM)3.97
Forward P/E4.91
EPS14.20
Dividend Yield4.84%
Beta0.81
50-Day Avg60.01
200-Day Avg66.28

About

New China Life Insurance Company Ltd. provides life insurance products and services to individuals and institutions in China. The company operates through three segments: Traditional insurance, Participating insurance, and Other Business. It provides life insurance, health insurance, and accident insurance products and services. The company also offers asset management, investment management, training, electronic commerce, and medical services; elderly care services and enterprise management service; property management; and invests in, develops, leases, and manages real estate properties. The company was incorporated in 1996 and is headquartered in Beijing, China.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Life
  • CEOMr. Yucheng Yang
  • Employees27.01K
  • HeadquartersNew China Insurance Tower, Beijing, China, 100022, China
  • Websitehttps://www.newchinalife.com

Leadership

  • Mr. Yucheng YangExecutive Chairman · b. 1971
  • Mr. Xingfeng GongPresident, CFO & Executive Director · b. 1970
  • Ms. Chen LiuChief Information Officer · b. 1974
  • Mr. Zhiyong LiuAssistant to the President & Joint Company Secretary · b. 1972
  • Mr. Hongbo QinVice President · b. 1975
  • Mr. Wenfeng LiAssistant President · b. 1981
  • Mr. Xigang WangChief Compliance Officer · b. 1973
  • Ms. Zhangmei HEHead in charge of Accounting Department
  • Ms. Sau Mei Ng ACIS, ACS, FCIS, FCSCompany Secretary · b. 1977

Financials

Income Statement

Currency: CNY2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue49.65B73.67B102.51B109.21B116.92B129.23B142.65B157.92B146.03B143.81B153.76B174.06B206.28B222.00B106.89B70.10B128.86B134.21B
Growth (%)-+48.40%+39.14%+6.53%+7.06%+10.53%+10.38%+10.70%-7.53%-1.52%+6.92%+13.20%+18.50%+7.62%-51.85%-34.42%+83.82%+4.15%
Cost of Revenue3.86B5.45B7.18B7.26B6.96B6.20B7.61B10.67B13.53B15.90B16.71B16.87B17.83B14.59B10.17B---
Gross Profit45.79B68.22B95.33B101.94B109.96B123.03B135.03B147.25B132.50B127.91B137.06B157.19B188.45B207.41B96.72B70.10B128.86B134.21B
Gross Margin92.23%92.60%93.00%93.35%94.05%95.21%94.66%93.24%90.73%88.94%89.13%90.31%91.36%93.43%90.49%100.00%100.00%100.00%
Operating Expense45.61B65.57B93.08B98.67B107.67B118.08B127.25B135.47B126.01B120.58B126.55B143.97B172.96B191.74B74.65B64.58B100.72B93.69B
Operating Income182.00M2.65B2.25B3.27B2.29B4.96B7.78B11.78B6.48B7.33B10.51B13.22B15.49B15.67B22.08B5.51B28.14B40.52B
Operating Margin0.37%3.60%2.20%3.00%1.96%3.84%5.46%7.46%4.44%5.10%6.84%7.60%7.51%7.06%20.66%7.87%21.84%30.19%
EBITDA328.00M2.81B2.44B3.48B2.51B5.26B8.14B12.19B6.95B7.89B11.62B14.48B17.01B17.29B99.86B67.84B29.88B45.84B
EBITDA Margin0.66%3.81%2.38%3.18%2.15%4.07%5.71%7.72%4.76%5.49%7.56%8.32%8.25%7.79%93.42%96.78%23.19%34.15%
Net Income649.00M2.66B2.25B2.80B2.93B4.42B6.41B8.60B4.94B5.38B7.92B14.56B14.29B14.95B21.50B8.71B26.23B36.28B
Net Income Margin1.31%3.61%2.19%2.56%2.51%3.42%4.49%5.45%3.38%3.74%5.15%8.36%6.93%6.73%20.11%12.43%20.35%27.03%
Interest Expense0000000000000075.99B60.56B-3.51B
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%71.09%86.39%-2.62%

Balance Sheet

Currency: CNY2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets164.96B206.62B304.57B386.77B493.69B565.85B643.71B660.56B699.18B710.27B733.93B878.97B1.00T1.13T1.26T1.40T1.69T1.90T
Total Liabilities163.57B202.38B297.99B355.46B457.81B526.53B595.35B602.72B640.06B646.55B668.33B794.51B902.70B1.02T1.15T1.30T1.60T1.79T
Total Equity1.38B4.24B6.57B31.31B35.87B39.31B48.36B57.84B59.12B63.72B65.59B84.45B101.67B108.50B97.97B105.07B96.24B111.54B
Cash5.75B12.54B26.74B12.99B24.81B16.43B12.67B13.77B14.13B8.81B8.95B11.77B13.00B15.48B17.59B21.81B38.46B76.65B
Total Debt1.35B1.35B-5.07B15.00B15.00B19.00B19.00B14.00B4.00B4.00B961.00M11.06B11.04B10.86B21.02B31.10B214.32B
Net Debt-4.41B-11.19B-26.74B-7.91B-9.81B-1.43B6.33B5.24B-132.00M-4.81B-4.95B-10.81B-1.94B-4.44B-6.73B-786.00M-7.36B137.67B

Cash Flow

Currency: CNY2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow30.23B40.80B61.59B56.05B54.25B56.20B25.05B7.45B7.33B7.87B13.77B42.10B67.18B73.85B89.39B91.55B96.29B110.92B
Investing Cash Flow-41.80B-26.09B-71.72B-85.89B-81.38B-57.12B-38.54B39.81B-26.31B19.29B-3.25B-85.64B-67.73B-106.53B-90.47B-156.65B-141.77B-91.64B
Financing Cash Flow12.95B-8.62B24.92B23.68B31.10B-5.53B9.41B-48.10B18.93B-32.36B-10.44B46.26B1.97B35.24B2.84B69.29B62.03B-14.73B
Capital Expenditure688.00M534.00M421.00M1.57B1.34B2.00B2.28B2.48B1.93B3.99B7.81B5.04B3.04B3.26B1.79B2.09B1.10B1.48B
Free Cash Flow29.54B40.27B61.17B54.48B52.91B54.21B22.77B4.97B5.40B3.87B5.96B37.06B64.14B70.59B87.60B89.46B95.19B109.43B
Dividends Paid88.00M65.00M6.00M-953.00M745.00M1.20B1.60B1.81B2.14B1.79B2.40B4.40B4.34B5.07B4.23B4.70B12.01B
FCF to OCF97.72%98.69%99.32%97.20%97.53%96.45%90.91%66.77%73.64%49.22%43.30%88.02%95.48%95.59%98.00%97.72%98.86%98.66%
Dividend Paid to FCF0.30%0.16%0.01%-1.80%1.37%5.28%32.13%33.61%55.28%30.07%6.48%6.86%6.14%5.78%4.73%4.94%10.97%

Earnings

Report DateDec 31, 2011Apr 26, 2012Aug 29, 2012Oct 29, 2012Mar 27, 2013Apr 26, 2013Aug 27, 2013Oct 30, 2013Mar 26, 2014Apr 29, 2014Aug 26, 2014Oct 28, 2014Mar 26, 2015Apr 29, 2015Aug 25, 2015Oct 30, 2015Mar 28, 2016Apr 29, 2016Aug 30, 2016Oct 28, 2016Mar 29, 2017Apr 29, 2017Aug 29, 2017Oct 28, 2017Mar 20, 2018Apr 26, 2018Aug 28, 2018Oct 26, 2018Mar 20, 2019Apr 26, 2019Aug 28, 2019Oct 30, 2019Mar 25, 2020Apr 28, 2020Aug 25, 2020Oct 27, 2020Mar 24, 2021Apr 29, 2021Aug 26, 2021Oct 28, 2021Mar 29, 2022Apr 28, 2022Aug 30, 2022Oct 28, 2022Mar 30, 2023Apr 27, 2023Aug 29, 2023Oct 27, 2023Mar 27, 2024Jun 28, 2024Aug 29, 2024Oct 30, 2024
EPS Estimate-----0.36-----0.500.210.910.441.060.141.470.611.04-0.200.650.610.520.360.810.850.890.171.060.951.260.271.171.131.450.381.411.160.981.061.470.920.720.68-1.130.910.661.31-0.81
EPS Actual0.170.250.360.130.200.480.230.570.150.500.700.830.031.171.010.61-0.010.630.430.460.060.590.450.580.110.841.020.610.071.082.300.790.501.491.140.931.022.021.360.450.960.431.230.001.481.480.98-0.14-0.271.581.973.08
Surprise-----33.33%-----66.00%-87.62%28.57%129.55%-42.45%-107.14%-57.14%-29.51%-55.77%130.00%-9.23%-26.23%11.54%-69.44%3.70%20.00%-31.46%-58.82%1.89%142.11%-37.30%85.19%27.35%0.89%-35.86%168.42%43.26%17.24%-54.08%-9.43%-70.75%33.70%-99.86%117.65%--13.27%-115.38%-140.91%20.61%-280.25%
Timing-----After-hours-----After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-market

Key Statistics & Ratios

Market Cap175.79B
Enterprise Value149.71B
Trailing P/E3.97
Forward P/E4.91
PEG Ratio0.56
Price / Sales2.12
Price / Book1.46
EPS14.20
Book Value39.61
Revenue (TTM)83.02B
Gross Profit (TTM)53.45B
EBITDA50.72B
Profit Margin53.33%
Operating Margin65.78%
Return on Equity42.78%
Return on Assets1.66%
Shares Outstanding2.09B
Shares Float2.73B
Beta0.81
Dividend Yield4.84%
Dividend Rate2.73
Payout Ratio18.73%

Dividends

20231×
1.08Aug 10, 2023
20221×
1.44Aug 10, 2022
20211×
1.39Aug 6, 2021
20201×
1.41Aug 7, 2020
20191×
0.77Aug 9, 2019
20181×
0.52Aug 10, 2018
20171×
0.48Aug 10, 2017
20161×
0.28Aug 10, 2016
20151×
0.21Aug 20, 2015
20141×
0.15Jul 15, 2014
20122×
0.32Aug 16, 20120.09Jul 5, 2012