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New China Life Insurance SHSC:1336 Stock Report

Last Price

HK$23.55

Market Cap

HK$134.2b

7D

-8.2%

1Y

62.0%

Updated

19 Dec, 2024

Data

Company Financials +

New China Life Insurance Company Ltd.

SHSC:1336 Stock Report

Market Cap: HK$134.2b

My Notes

Capture your thoughts, links and company narrative

New China Life Insurance Company Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for New China Life Insurance
Historical stock prices
Current Share PriceCN¥23.55
52 Week HighCN¥35.60
52 Week LowCN¥12.46
Beta0.86
1 Month Change-5.04%
3 Month Change39.18%
1 Year Change61.97%
3 Year Change11.88%
5 Year Change-28.20%
Change since IPO-23.91%

Recent News & Updates

Recent updates

Shareholder Returns

1336HK InsuranceHK Market
7D-8.2%-3.6%-0.9%
1Y62.0%22.9%19.2%

Return vs Industry: 1336 exceeded the Hong Kong Insurance industry which returned 22.9% over the past year.

Return vs Market: 1336 exceeded the Hong Kong Market which returned 19.2% over the past year.

Price Volatility

Is 1336's price volatile compared to industry and market?
1336 volatility
1336 Average Weekly Movement13.9%
Insurance Industry Average Movement9.7%
Market Average Movement8.9%
10% most volatile stocks in HK Market18.7%
10% least volatile stocks in HK Market4.1%

Stable Share Price: 1336's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1336's weekly volatility has increased from 8% to 14% over the past year.

About the Company

FoundedEmployeesCEOWebsite
199630,221Xingfeng Gongwww.newchinalife.com

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.

New China Life Insurance Company Ltd. Fundamentals Summary

How do New China Life Insurance's earnings and revenue compare to its market cap?
1336 fundamental statistics
Market capHK$134.16b
Earnings (TTM)HK$21.14b
Revenue (TTM)HK$65.84b

7.8x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1336 income statement (TTM)
RevenueCN¥61.83b
Cost of RevenueCN¥30.37b
Gross ProfitCN¥31.45b
Other ExpensesCN¥11.60b
EarningsCN¥19.85b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)6.36
Gross Margin50.87%
Net Profit Margin32.11%
Debt/Equity Ratio245.8%

How did 1336 perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

22%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 23:52
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

New China Life Insurance Company Ltd. is covered by 52 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark William KellockBarclays
Dominic ChanBNP Paribas Securities (Asia)
Jennifer LawBOCI Research Ltd.