New China Life Insurance Past Earnings Performance
Past criteria checks 2/6
New China Life Insurance has been growing earnings at an average annual rate of 2%, while the Insurance industry saw earnings declining at 6.2% annually. Revenues have been declining at an average rate of 28.5% per year. New China Life Insurance's return on equity is 21.8%, and it has net margins of 32.1%.
Key information
2.0%
Earnings growth rate
4.2%
EPS growth rate
Insurance Industry Growth
-1.3%
Revenue growth rate
-28.5%
Return on equity
21.8%
Net Margin
32.1%
Last Earnings Update
30 Sep 2024
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How New China Life Insurance makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
SEHK:1336 Revenue, expenses and earnings (CNY Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
30 Sep 24
61,825
19,850
3,376
0
30 Jun 24
52,297
9,817
-9
0
31 Mar 24
43,054
6,737
254
0
31 Dec 23
45,552
8,712
327
0
30 Sep 23
27,997
19,750
605
0
30 Jun 23
62,611
22,288
394
0
31 Mar 23
68,907
25,197
265
0
31 Dec 22
64,720
21,500
346
0
30 Sep 22
110,757
14,285
5,948
0
30 Jun 22
147,910
13,591
8,213
0
31 Mar 22
167,300
11,862
10,248
0
31 Dec 21
220,127
14,947
12,472
0
30 Sep 21
217,941
15,143
13,093
0
30 Jun 21
209,591
16,622
12,920
0
31 Mar 21
215,009
15,964
12,833
0
31 Dec 20
203,781
14,294
12,395
0
30 Sep 20
209,573
12,661
12,814
0
30 Jun 20
198,410
12,232
12,845
0
31 Mar 20
192,412
15,827
12,844
0
31 Dec 19
172,429
14,559
13,037
0
30 Sep 19
161,542
13,223
12,097
0
30 Jun 19
158,780
12,668
12,180
0
31 Mar 19
170,614
8,680
12,156
0
31 Dec 18
152,169
7,922
11,968
0
30 Sep 18
150,786
8,043
12,058
0
30 Jun 18
149,656
7,945
12,128
0
31 Mar 18
125,991
6,155
12,718
0
31 Dec 17
143,262
5,383
13,777
0
30 Sep 17
142,560
5,198
13,648
0
30 Jun 17
134,244
4,846
13,711
0
31 Mar 17
133,632
4,785
13,532
0
31 Dec 16
144,342
4,942
13,081
0
30 Sep 16
141,305
4,743
13,238
0
30 Jun 16
140,841
5,182
13,224
0
31 Mar 16
146,624
6,971
12,975
0
31 Dec 15
157,538
8,601
12,655
0
30 Sep 15
166,115
8,725
12,299
0
30 Jun 15
164,940
9,410
11,904
0
31 Mar 15
153,210
8,470
11,594
0
31 Dec 14
142,134
6,406
11,335
0
30 Sep 14
147,702
6,797
11,060
0
30 Jun 14
146,917
5,983
10,666
0
31 Mar 14
146,438
4,517
10,411
0
31 Dec 13
128,575
4,422
9,977
0
Quality Earnings: 1336 has high quality earnings.
Growing Profit Margin: 1336's current net profit margins (32.1%) are lower than last year (70.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1336's earnings have grown by 2% per year over the past 5 years.
Accelerating Growth: 1336's earnings growth over the past year (0.5%) is below its 5-year average (2% per year).
Earnings vs Industry: 1336 earnings growth over the past year (0.5%) did not outperform the Insurance industry 19.6%.
Return on Equity
High ROE: Whilst 1336's Return on Equity (21.8%) is high, this metric is skewed due to their high level of debt.