New China Life Insurance Company Ltd. Logo

New China Life Insurance Company Ltd.

601336.SS

(3.0)
Stock Price

49,46 CNY

0.66% ROA

9.88% ROE

16.23x PER

Market Cap.

130.007.111.578,00 CNY

122.62% DER

1.66% Yield

15.44% NPM

New China Life Insurance Company Ltd. Stock Analysis

New China Life Insurance Company Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

New China Life Insurance Company Ltd. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.93x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a minimal amount of debt (10%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

4 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

5 ROE

The stock's ROE falls within an average range (12.74%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

6 ROA

The stock's ROA (1.04%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

7 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

8 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (120), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

9 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

New China Life Insurance Company Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

New China Life Insurance Company Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Hold

New China Life Insurance Company Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

New China Life Insurance Company Ltd. Revenue
Year Revenue Growth
2008 49.646.000.000
2009 73.674.000.000 32.61%
2010 102.513.000.000 28.13%
2011 109.209.000.000 6.13%
2012 116.921.000.000 6.6%
2013 129.594.000.000 9.78%
2014 142.648.000.000 9.15%
2015 157.918.000.000 9.67%
2016 146.025.000.000 -8.14%
2017 143.810.000.000 -1.54%
2018 153.763.000.000 6.47%
2019 174.065.000.000 11.66%
2020 206.275.000.000 15.62%
2021 222.002.000.000 7.08%
2022 214.337.000.000 -3.58%
2023 51.840.000.000 -313.46%
2023 78.476.000.000 33.94%
2024 87.568.000.000 10.38%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

New China Life Insurance Company Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2008 0
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

New China Life Insurance Company Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2008 5.654.000.000
2009 7.261.000.000 22.13%
2010 8.443.000.000 14%
2011 9.272.000.000 8.94%
2012 9.875.000.000 6.11%
2013 10.097.000.000 2.2%
2014 11.451.000.000 11.82%
2015 12.839.000.000 10.81%
2016 13.322.000.000 3.63%
2017 14.050.000.000 5.18%
2018 12.561.000.000 -11.85%
2019 13.783.000.000 8.87%
2020 13.175.000.000 -4.61%
2021 12.872.000.000 -2.35%
2022 11.739.000.000 -9.65%
2023 2.880.000.000 -307.6%
2023 2.370.000.000 -21.52%
2024 2.736.000.000 13.38%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

New China Life Insurance Company Ltd. EBITDA
Year EBITDA Growth
2008 326.000.000
2009 2.809.000.000 88.39%
2010 2.435.000.000 -15.36%
2011 3.475.000.000 29.93%
2012 2.513.000.000 -38.28%
2013 5.254.000.000 52.17%
2014 8.140.000.000 35.45%
2015 12.185.000.000 33.2%
2016 6.947.000.000 -75.4%
2017 7.893.000.000 11.99%
2018 10.705.000.000 26.27%
2019 13.694.000.000 21.83%
2020 16.232.000.000 15.64%
2021 16.107.000.000 -0.78%
2022 8.287.000.000 -94.36%
2023 -9.048.000.000 191.59%
2023 1.245.000.000 826.75%
2024 2.946.000.000 57.74%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

New China Life Insurance Company Ltd. Gross Profit
Year Gross Profit Growth
2008 49.646.000.000
2009 73.674.000.000 32.61%
2010 102.513.000.000 28.13%
2011 109.209.000.000 6.13%
2012 116.921.000.000 6.6%
2013 129.594.000.000 9.78%
2014 142.648.000.000 9.15%
2015 157.918.000.000 9.67%
2016 146.025.000.000 -8.14%
2017 143.810.000.000 -1.54%
2018 153.763.000.000 6.47%
2019 174.065.000.000 11.66%
2020 206.275.000.000 15.62%
2021 222.002.000.000 7.08%
2022 214.337.000.000 -3.58%
2023 51.840.000.000 -313.46%
2023 78.476.000.000 33.94%
2024 87.568.000.000 10.38%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

New China Life Insurance Company Ltd. Net Profit
Year Net Profit Growth
2008 649.000.000
2009 2.660.000.000 75.6%
2010 2.249.000.000 -18.27%
2011 2.799.000.000 19.65%
2012 2.933.000.000 4.57%
2013 4.422.000.000 33.67%
2014 6.406.000.000 30.97%
2015 8.601.000.000 25.52%
2016 4.942.000.000 -74.04%
2017 5.383.000.000 8.19%
2018 7.922.000.000 32.05%
2019 14.559.000.000 45.59%
2020 14.294.000.000 -1.85%
2021 14.947.000.000 4.37%
2022 9.822.000.000 -52.18%
2023 -1.744.000.000 663.19%
2023 8.712.000.000 120.02%
2024 24.564.000.000 64.53%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

New China Life Insurance Company Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2008 1
2009 2 100%
2010 2 -100%
2011 1 0%
2012 1 0%
2013 1 100%
2014 2 50%
2015 3 0%
2016 2 -100%
2017 2 0%
2018 3 50%
2019 5 50%
2020 5 0%
2021 5 0%
2022 3 -33.33%
2023 0 0%
2023 3 100%
2024 8 71.43%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

New China Life Insurance Company Ltd. Free Cashflow
Year Free Cashflow Growth
2008 29.540.000.000
2009 40.266.000.000 26.64%
2010 61.173.000.000 34.18%
2011 54.478.000.000 -12.29%
2012 52.913.000.000 -2.96%
2013 54.210.000.000 2.39%
2014 22.774.000.000 -138.03%
2015 4.974.000.000 -357.86%
2016 5.398.000.000 7.85%
2017 3.871.000.000 -39.45%
2018 5.962.000.000 35.07%
2019 37.060.000.000 83.91%
2020 64.144.000.000 42.22%
2021 70.595.000.000 9.14%
2022 87.596.000.000 19.41%
2023 129.214.000.000 32.21%
2023 13.739.000.000 -840.49%
2024 34.718.000.000 60.43%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

New China Life Insurance Company Ltd. Operating Cashflow
Year Operating Cashflow Growth
2008 30.228.000.000
2009 40.800.000.000 25.91%
2010 61.594.000.000 33.76%
2011 56.045.000.000 -9.9%
2012 54.252.000.000 -3.3%
2013 56.205.000.000 3.47%
2014 25.052.000.000 -124.35%
2015 7.449.000.000 -236.31%
2016 7.330.000.000 -1.62%
2017 7.865.000.000 6.8%
2018 13.768.000.000 42.87%
2019 42.102.000.000 67.3%
2020 67.179.000.000 37.33%
2021 73.853.000.000 9.04%
2022 89.385.000.000 17.38%
2023 131.304.000.000 31.93%
2023 14.103.000.000 -831.04%
2024 35.027.000.000 59.74%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

New China Life Insurance Company Ltd. Capital Expenditure
Year Capital Expenditure Growth
2008 688.000.000
2009 534.000.000 -28.84%
2010 421.000.000 -26.84%
2011 1.567.000.000 73.13%
2012 1.339.000.000 -17.03%
2013 1.995.000.000 32.88%
2014 2.278.000.000 12.42%
2015 2.475.000.000 7.96%
2016 1.932.000.000 -28.11%
2017 3.994.000.000 51.63%
2018 7.806.000.000 48.83%
2019 5.042.000.000 -54.82%
2020 3.035.000.000 -66.13%
2021 3.258.000.000 6.84%
2022 1.789.000.000 -82.11%
2023 2.090.000.000 14.4%
2023 364.000.000 -474.18%
2024 309.000.000 -17.8%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

New China Life Insurance Company Ltd. Equity
Year Equity Growth
2008 1.388.000.000
2009 4.243.000.000 67.29%
2010 6.573.000.000 35.45%
2011 31.313.000.000 79.01%
2012 35.878.000.000 12.72%
2013 39.318.000.000 8.75%
2014 48.364.000.000 18.7%
2015 57.841.000.000 16.38%
2016 59.125.000.000 2.17%
2017 63.723.000.000 7.22%
2018 65.596.000.000 2.86%
2019 84.461.000.000 22.34%
2020 101.680.000.000 16.93%
2021 108.514.000.000 6.3%
2022 102.905.000.000 -5.45%
2023 105.092.000.000 2.08%
2023 108.335.000.000 2.99%
2024 90.052.000.000 -20.3%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

New China Life Insurance Company Ltd. Assets
Year Assets Growth
2008 164.959.000.000
2009 206.618.000.000 20.16%
2010 304.566.000.000 32.16%
2011 386.771.000.000 21.25%
2012 493.693.000.000 21.66%
2013 565.849.000.000 12.75%
2014 643.709.000.000 12.1%
2015 660.560.000.000 2.55%
2016 699.181.000.000 5.52%
2017 710.275.000.000 1.56%
2018 733.929.000.000 3.22%
2019 878.970.000.000 16.5%
2020 1.004.376.000.000 12.49%
2021 1.127.721.000.000 10.94%
2022 1.255.044.000.000 10.14%
2023 1.393.455.000.000 9.93%
2023 1.364.374.000.000 -2.13%
2024 1.494.684.000.000 8.72%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

New China Life Insurance Company Ltd. Liabilities
Year Liabilities Growth
2008 163.571.000.000
2009 202.375.000.000 19.17%
2010 297.993.000.000 32.09%
2011 355.458.000.000 16.17%
2012 457.815.000.000 22.36%
2013 526.531.000.000 13.05%
2014 595.345.000.000 11.56%
2015 602.719.000.000 1.22%
2016 640.056.000.000 5.83%
2017 646.552.000.000 1%
2018 668.333.000.000 3.26%
2019 794.509.000.000 15.88%
2020 902.696.000.000 11.98%
2021 1.019.207.000.000 11.43%
2022 1.152.139.000.000 11.54%
2023 1.287.893.000.000 10.54%
2023 11.812.000.000 -10803.26%
2024 1.404.632.000.000 99.16%

New China Life Insurance Company Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
20.38
Net Income per Share
3.15
Price to Earning Ratio
16.23x
Price To Sales Ratio
2.04x
POCF Ratio
1.52
PFCF Ratio
1.26
Price to Book Ratio
1.77
EV to Sales
3.06
EV Over EBITDA
-39.75
EV to Operating CashFlow
1.85
EV to FreeCashFlow
1.89
Earnings Yield
0.06
FreeCashFlow Yield
0.79
Market Cap
130,01 Bil.
Enterprise Value
194,58 Bil.
Graham Number
45.2
Graham NetNet
-256.82

Income Statement Metrics

Net Income per Share
3.15
Income Quality
10.7
ROE
0.1
Return On Assets
0.01
Return On Capital Employed
-0
Net Income per EBT
1.52
EBT Per Ebit
-1.21
Ebit per Revenue
-0.08
Effective Tax Rate
-0.48

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
1
Operating Profit Margin
-0.08
Pretax Profit Margin
0.1
Net Profit Margin
0.15

Dividends

Dividend Yield
0.02
Dividend Yield %
1.66
Payout Ratio
0.38
Dividend Per Share
0.85

Operating Metrics

Operating Cashflow per Share
33.67
Free CashFlow per Share
33.06
Capex to Operating CashFlow
0.02
Capex to Revenue
0.03
Capex to Depreciation
1.29
Return on Invested Capital
-0.04
Return on Tangible Assets
0.01
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0.62

Balance Sheet

Cash per Share
193,45
Book Value per Share
28,87
Tangible Book Value per Share
27.62
Shareholders Equity per Share
28.86
Interest Debt per Share
56.37
Debt to Equity
1.23
Debt to Assets
0.07
Net Debt to EBITDA
-13.19
Current Ratio
6.49
Tangible Asset Value
86,15 Bil.
Net Current Asset Value
-786,48 Bil.
Invested Capital
545844000000
Working Capital
522,96 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
611,90 Bil.
Average Inventory
0
Debt to Market Cap
0.85

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

New China Life Insurance Company Ltd. Dividends
Year Dividends Growth
2012 0
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 1 0%
2019 1 0%
2020 1 100%
2021 1 0%
2022 1 0%
2023 1 0%
2024 1 0%

New China Life Insurance Company Ltd. Profile

About New China Life Insurance Company Ltd.

New China Life Insurance Company Ltd. provides life insurance products and services to individuals and institutions in the People's Republic of China. It operates through three segments: Individual Insurance Business, Group Insurance Business, and Other Business. The company also offers asset management, training, electronic commerce, and medical services; and invests in, develops, leases, and manages real estate properties. New China Life Insurance Company Ltd. was incorporated in 1996 and is headquartered in Beijing, the People's Republic of China.

CEO
Mr. Yucheng Yang
Employee
30.221
Address
New China Insurance Tower
Beijing, 100022

New China Life Insurance Company Ltd. Executives & BODs

New China Life Insurance Company Ltd. Executives & BODs
# Name Age
1 Ms. Sau Mei Ng ACIS, ACS, FCIS, FCS
Joint Company Secretary
70
2 Mr. Hongbo Qin
Vice President & Chief Risk Officer
70
3 Mr. Tao Zhang
Head of Accounting Department
70
4 Mr. Zhongzhu Wang
GM of Discipline Inspection & Supervision Office and Employee Representative Supervisor
70
5 Mr. Yucheng Yang
Executive Chairman
70
6 Mr. Hong Zhang
President & Executive Director
70
7 Mr. Xingfeng Gong
Vice President, Chief Actuary, Board Secretary & Joint Company Secretary
70

New China Life Insurance Company Ltd. Competitors