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: 51.3 CNY 0.41% Market Closed
Market Cap: 107B CNY
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New China Life Insurance Company Ltd
Operating Expenses

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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New China Life Insurance Company Ltd
Operating Expenses Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Expenses CAGR 3Y CAGR 5Y CAGR 10Y
New China Life Insurance Company Ltd
SSE:601336
Operating Expenses
-ÂĄ34.3B
CAGR 3-Years
45%
CAGR 5-Years
26%
CAGR 10-Years
13%
China Life Insurance Co Ltd
SSE:601628
Operating Expenses
-ÂĄ233.9B
CAGR 3-Years
41%
CAGR 5-Years
19%
CAGR 10-Years
5%
Ping An Insurance Group Co of China Ltd
SSE:601318
Operating Expenses
-ÂĄ563.5B
CAGR 3-Years
16%
CAGR 5-Years
9%
CAGR 10-Years
-5%
H
Hubei Biocause Pharmaceutical Co Ltd
SZSE:000627
Operating Expenses
-ÂĄ41.5B
CAGR 3-Years
0%
CAGR 5-Years
2%
CAGR 10-Years
-49%
S
Sunshine Insurance Group Co Ltd
HKEX:6963
Operating Expenses
-ÂĄ61.9B
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
107B CNY
Industry
Insurance

In the fast-evolving landscape of China's insurance sector, New China Life Insurance Company Ltd. (NCI) emerges as a compelling narrative of growth and adaptation. Founded in 1996 during a period when the nation was gradually embracing a market economy, NCI has navigated the tides of a transforming industry with agility and foresight. At its core, the company thrives by offering a robust portfolio of life insurance products that cater to an increasingly prosperity-conscious populace. Through diverse offerings like whole life, annuities, and health insurance, NCI meets the multifaceted financial protection needs of its clients. It has expanded its branches and service outlets across the country, integrating modern technology to enhance customer engagement and streamline its operations. The company generates revenue through premium collections and strategic investment income. It pools the premiums from policyholders and invests in a wide range of asset classes from government bonds to equities, balancing risk and returns prudently. Simultaneously, it remains vigilant in its underwriting processes to minimize liabilities and fortify its fiscal strength. Moreover, NCI capitalizes on cross-selling opportunities by leveraging its wide agent network and digital platforms, which enhances its distribution efficiency. As China continues to urbanize and its middle-class burgeons, NCI is poised to deepen its market penetration, adapting to the shifting regulatory dynamics and demographic trends with strategic acumen, ensuring that it not only endures but thrives in the competitive insurance landscape.

Intrinsic Value
87.34 CNY
Undervaluation 41%
Intrinsic Value
Price

See Also

What is New China Life Insurance Company Ltd's Operating Expenses?
Operating Expenses
-34.3B CNY

Based on the financial report for Sep 30, 2024, New China Life Insurance Company Ltd's Operating Expenses amounts to -34.3B CNY.

What is New China Life Insurance Company Ltd's Operating Expenses growth rate?
Operating Expenses CAGR 10Y
13%

Over the last year, the Operating Expenses growth was 50%. The average annual Operating Expenses growth rates for New China Life Insurance Company Ltd have been 45% over the past three years , 26% over the past five years , and 13% over the past ten years .

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