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New China Life Insurance Company Ltd. (NWWCF)

OTC Financial Services Insurance - Life
$5.84 ▼ -6.49%
Market Cap
$26.71B
Sector
Financial Services
Industry
Insurance - Life
Beta
0.82
52-Wk Range
5.1-8.6533
CEO
Yucheng Yang
Country
CN
Currency
USD

New China Life Insurance Company Ltd. operates in the Insurance - Life industry of the Financial Services sector, headquartered in Beijing, BE, CN. The stock last traded at $5.84, down 6.49% on the session, giving a market capitalisation of $26.71B. On trailing twelve-month figures it carries a trailing P/E of 4.98, a net margin of 25.5%. Its beta of 0.82 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
4.98
Price / Sales
1.27
Price / Book
1.49
EV / EBITDA
5.63
Gross margin
100.0%
Operating margin
28.6%
Net margin
25.5%
Return on equity
Debt / equity
1.03
Current ratio
0.00
Dividend yield
4.6%
Payout ratio
32.0%
Company profile
Exchange
Other OTC
Employees
27,726
IPO date
2020-02-28
Headquarters
Beijing, BE, CN
About New China Life Insurance Company Ltd.

Founded in 1996 and headquartered in Beijing, People's Republic of China, New China Life Insurance Company Ltd. provides a wide array of life insurance products and related services to both individual clients and institutional organizations throughout China. The company structures its operations into three main categories: Individual Insurance Business, Group Insurance Business, and a segment for Other Business activities. In addition to its core insurance offerings, the firm diversifies its portfolio by providing asset management, educational training, electronic commerce, and medical services. It also actively participates in the real estate sector, undertaking investments, development projects, leasing arrangements, and property management.

Comparable companies

New China Life Insurance Company Ltd. is most often compared with the following Financial Services names:

AIVAFCEBCFCGMBFDCNSFGBOOYMNQFFMNUFFNHOLFPPERYPWCDF
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