New China Life Insurance Company Ltd
SSE:601336

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New China Life Insurance Company Ltd
SSE:601336
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Price: 47.01 CNY -6.22% Market Closed
Market Cap: 98B CNY
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New China Life Insurance Company Ltd
Other Current Liabilities

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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New China Life Insurance Company Ltd
Other Current Liabilities Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Current Liabilities CAGR 3Y CAGR 5Y CAGR 10Y
New China Life Insurance Company Ltd
SSE:601336
Other Current Liabilities
ÂĄ11.1B
CAGR 3-Years
-2%
CAGR 5-Years
6%
CAGR 10-Years
10%
China Life Insurance Co Ltd
SSE:601628
Other Current Liabilities
ÂĄ4B
CAGR 3-Years
-45%
CAGR 5-Years
-30%
CAGR 10-Years
-7%
Ping An Insurance Group Co of China Ltd
SSE:601318
Other Current Liabilities
ÂĄ13.2B
CAGR 3-Years
-29%
CAGR 5-Years
-17%
CAGR 10-Years
-6%
H
Hubei Biocause Pharmaceutical Co Ltd
SZSE:000627
Other Current Liabilities
ÂĄ3.4m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
S
Sunshine Insurance Group Co Ltd
HKEX:6963
Other Current Liabilities
ÂĄ6B
CAGR 3-Years
-17%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

New China Life Insurance Company Ltd
Glance View

Market Cap
98B CNY
Industry
Insurance

New China Life Insurance Company Ltd. is one of the leading insurance and financial services providers in China, operating in a dynamic market poised for growth. Founded in 1996, the company has established itself as a cornerstone of China's burgeoning insurance sector, catering to a diverse clientele through a broad spectrum of insurance products, including life, health, and annuity services. With a mission to provide financial security and peace of mind to individuals and families, New China Life leverages its robust distribution network and innovative digital solutions to enhance customer engagement and access to insurance products. The company's high capital adequacy ratios, strong asset management, and consistent premium growth position it well against the backdrop of China's expanding middle class and increasing awareness of financial protection. For investors, New China Life represents an opportunity to tap into the lucrative and rapidly evolving insurance market in China. The company has demonstrated a commitment to sustainable growth through focused strategies aimed at enhancing operational efficiency and expanding its market presence. As the Chinese government's policies increasingly favor private insurance solutions, New China Life stands to benefit from favorable regulatory environments and rising demand for insurance products. Moreover, the company's strategic partnerships and investments in technology underscore its adaptability and forward-thinking approach, further solidifying its reputation as a reliable and promising investment within the financial services landscape. With a solid foundation and a forward-looking strategy, New China Life Insurance Company Ltd. is well-positioned for continued growth and success, making it an intriguing option for discerning investors.

Intrinsic Value
92.49 CNY
Undervaluation 49%
Intrinsic Value
Price

See Also

What is New China Life Insurance Company Ltd's Other Current Liabilities?
Other Current Liabilities
11.1B CNY

Based on the financial report for Jun 30, 2024, New China Life Insurance Company Ltd's Other Current Liabilities amounts to 11.1B CNY.

What is New China Life Insurance Company Ltd's Other Current Liabilities growth rate?
Other Current Liabilities CAGR 10Y
10%

Over the last year, the Other Current Liabilities growth was -55%. The average annual Other Current Liabilities growth rates for New China Life Insurance Company Ltd have been -2% over the past three years , 6% over the past five years , and 10% over the past ten years .

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