New China Life Insurance Co Ltd is a CN-based company operating in Insurance industry. The company is headquartered in Beijing, Beijing and currently employs 28,675 full-time employees. The company went IPO on 2011-12-16. New China Life Insurance Co Ltd is a China-based company principally engaged in life insurance business and asset management business. The firm operates its businesses through three segments. The Traditional Insurance segment mainly include traditional life insurance, health insurance and accident insurance, as well as reinsurance related to traditional insurance. The Participating Insurance segment mainly include insurance business with direct participation features and reinsurance related to participating insurance business. The Other Business segment mainly include universal life business, investment management business and unallocated other income and expenses. The firm mainly operates its businesses in the domestic market.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue
81,302
71,257
44,066
65,294
221,998
206,324
Revenue Growth (YoY)
35%
62%
-33%
-71%
8%
18%
Cost of Revenue
--
--
--
--
--
--
Gross Profit
--
--
--
--
--
--
Selling, General & Admin
841
3,151
2,465
3,224
26,302
29,878
Research & Development
--
--
--
--
--
--
Operating Expenses
34,162
35,269
36,129
37,076
203,291
186,729
Other Non Operating Income (Expenses)
1,048
-76
-29
-8
37
-73
Pretax Income
42,910
28,141
5,515
22,079
15,670
15,491
Income Tax Expense
4,499
1,908
-3,201
575
719
1,194
Net Income
38,406
26,229
8,712
21,500
14,947
14,294
Net Income Growth
93%
200.99%
-59%
44%
5%
-2%
Shares Outstanding (Diluted)
3,118.63
3,120
3,120
3,120
3,120
3,120
Shares Change (YoY)
0%
0%
0%
0%
0%
0%
EPS (Diluted)
12.31
8.4
2.79
6.89
4.79
4.58
EPS Growth
93%
200.99%
-59%
44%
5%
-2%
Free Cash Flow
96,507
95,190
89,458
86,727
70,595
64,144
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
--
--
--
--
--
--
Operating Margin
57.98%
50.5%
18.01%
43.21%
8.42%
9.49%
Profit Margin
47.23%
36.8%
19.77%
32.92%
6.73%
6.92%
Free Cash Flow Margin
118.7%
133.58%
203%
132.82%
31.79%
31.08%
EBITDA
--
--
--
30,128
20,453
21,247
EBITDA Margin
--
--
--
46.14%
9.21%
10.29%
D&A For EBITDA
--
--
--
1,910
1,746
1,652
EBIT
47,140
35,988
7,937
28,218
18,707
19,595
EBIT Margin
57.98%
50.5%
18.01%
43.21%
8.42%
9.49%
Effective Tax Rate
10.48%
6.78%
-58.04%
2.6%
4.58%
7.7%
Follow-Up Questions
What are New China Life Insurance Co Ltd's key financial statements?
According to the latest financial statement (Form-10K), New China Life Insurance Co Ltd has a total asset of $1,692,297, Net profit of $26,229
What are the key financial ratios for NWWCF?
New China Life Insurance Co Ltd's Current ratio is 1.06, has a Net margin is 36.8, sales per share of $22.83.
How is New China Life Insurance Co Ltd's revenue broken down by segment or geography?
New China Life Insurance Co Ltd largest revenue segment is Traditional Insurance, at a revenue of 76,908,000,000 in the most earnings release.For geography, China is the primary market for New China Life Insurance Co Ltd, at a revenue of 132,555,000,000.
Is New China Life Insurance Co Ltd profitable?
yes, according to the latest financial statements, New China Life Insurance Co Ltd has a net profit of $26,229
Does New China Life Insurance Co Ltd have any liabilities?
yes, New China Life Insurance Co Ltd has liability of 1,596,057
How many outstanding shares for New China Life Insurance Co Ltd?
New China Life Insurance Co Ltd has a total outstanding shares of 3,120