New China Life Insurance Company Ltd
SSE:601336

Watchlist Manager
New China Life Insurance Company Ltd Logo
New China Life Insurance Company Ltd
SSE:601336
Watchlist
Price: 51.09 CNY 2.38% Market Closed
Market Cap: 106.5B CNY
Have any thoughts about
New China Life Insurance Company Ltd?
Write Note

New China Life Insurance Company Ltd
Operating Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

New China Life Insurance Company Ltd
Operating Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Income CAGR 3Y CAGR 5Y CAGR 10Y
New China Life Insurance Company Ltd
SSE:601336
Operating Income
ÂĄ26B
CAGR 3-Years
16%
CAGR 5-Years
15%
CAGR 10-Years
12%
China Life Insurance Co Ltd
SSE:601628
Operating Income
ÂĄ153.9B
CAGR 3-Years
21%
CAGR 5-Years
25%
CAGR 10-Years
16%
Ping An Insurance Group Co of China Ltd
SSE:601318
Operating Income
ÂĄ257.5B
CAGR 3-Years
3%
CAGR 5-Years
3%
CAGR 10-Years
12%
H
Hubei Biocause Pharmaceutical Co Ltd
SZSE:000627
Operating Income
ÂĄ554.4m
CAGR 3-Years
-18%
CAGR 5-Years
-28%
CAGR 10-Years
14%
S
Sunshine Insurance Group Co Ltd
HKEX:6963
Operating Income
ÂĄ7.2B
CAGR 3-Years
-5%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

New China Life Insurance Company Ltd
Glance View

Market Cap
106.5B 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 42%
Intrinsic Value
Price

See Also

What is New China Life Insurance Company Ltd's Operating Income?
Operating Income
26B CNY

Based on the financial report for Sep 30, 2024, New China Life Insurance Company Ltd's Operating Income amounts to 26B CNY.

What is New China Life Insurance Company Ltd's Operating Income growth rate?
Operating Income CAGR 10Y
12%

Over the last year, the Operating Income growth was 95%. The average annual Operating Income growth rates for New China Life Insurance Company Ltd have been 16% over the past three years , 15% over the past five years , and 12% over the past ten years .

Back to Top