The notable upward revision in New China Life Insurance's price target reflects improved revenue growth forecasts, despite a decline in net profit margin, resulting in a fair value increase from CN¥50.48 to CN¥53.03.
What's in the News
- Board approved plan to distribute 2025 interim cash dividend of RMB 0.67 per share, totaling approximately RMB 2,090 million, pending shareholder approval.
- Board held meeting to consider and approve interim results for the first half of 2025 and discuss payment of interim dividend.
- Board approved nomination of Mr. ZHANG Xiaodong as a candidate for non-executive director.
Valuation Changes
Summary of Valuation Changes for New China Life Insurance
- The Consensus Analyst Price Target has risen from CN¥50.48 to CN¥53.03.
- The Consensus Revenue Growth forecasts for New China Life Insurance has significantly risen from -18.8% per annum to -12.2% per annum.
- The Net Profit Margin for New China Life Insurance has fallen from 44.84% to 40.85%.
Disclaimer
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