New China Life Insurance Co Ltd Class H NWWCF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if NWWCF is a good fit for your portfolio.
News
Trading Information
- Previous Close Price
- $1.79
- Day Range
- $1.87–1.88
- 52-Week Range
- $1.64–3.09
- Bid/Ask
- $2.01 / $2.13
- Market Cap
- $5.86 Bil
- Volume/Avg
- 257,376 / 62,099
Key Statistics
- Price/Earnings (Normalized)
- 4.82
- Price/Sales
- 0.60
- Dividend Yield (Trailing)
- 8.01%
- Dividend Yield (Forward)
- 1.03%
- Total Yield
- 8.01%
Company Profile
New China Life Insurance, or NCI, was headquartered in Beijing and founded by SOEs and private firms in 1996. The company is the fourth-largest life insurer in China in terms of total assets. Huijin Investment, the government’s investment company owns 31% shares of New China Life. The company was listed on the Hong Kong and Shanghai Stock Exchanges in 2011. New China Life offers comprehensive life insurance products and services to individual customers and institutional customers through nationwide distributional networks and diversified marketing channels, manages and deploys insurance funds through its subsidiaries, including Asset Management Company and Asset Management Company (Hong Kong).
- Sector
- Financial Services
- Industry
- Insurance - Life
- Stock Style Box
- Large Value
- Total Number of Employees
- 30,662
- Website
- https://www.newchinalife.com
Competitors
Valuation
|
Metric
|
NWWCF
|
601318
|
601628
|
|---|---|---|---|
Price/Earnings (Normalized) | 4.82 | 8.84 | 39.82 |
Price/Book Value | 0.44 | 0.83 | 1.80 |
Price/Sales | 0.60 | 0.94 | 1.48 |
Price/Cash Flow | 0.46 | 3.32 | 2.16 |
Price/Earnings
NWWCF
601318
601628
Financial Strength
|
Metric
|
NWWCF
|
601318
|
601628
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 1.04 | 1.00 | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
NWWCF
|
601318
|
601628
|
|---|---|---|---|
Return on Assets (Normalized) | 0.62% | 0.94% | 0.96% |
Return on Equity (Normalized) | 7.77% | 11.99% | 12.05% |
Return on Invested Capital (Normalized) | 27.23% | 7.89% | 5.38% |
Return on Assets
NWWCF
601318
601628
Insurance - Life Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
CILJF
| China Life Insurance Co Ltd Class H | — | Rvjwm | $98.1 Bil | |
PIAIF
| Ping An Insurance (Group) Co. of China Ltd Class H | Nqpmgrv | Jwrh | $95.7 Bil | |
PNGAY
| Ping An Insurance (Group) Co. of China Ltd ADR | — | Jwqbb | $95.7 Bil | |
AAGIY
| AIA Group Ltd ADR | — | Mkjq | $83.0 Bil | |
AAIGF
| AIA Group Ltd | — | Jzcf | $83.0 Bil | |
MET
| MetLife Inc | Rsvzzcqk | Hcbwj | $49.9 Bil | |
AFL
| Aflac Inc | Zvcpnxg | Vkjqkm | $48.7 Bil | |
MFC
| Manulife Financial Corp | Pdxzzdbv | Ndwb | $42.4 Bil | |
PRU
| Prudential Financial Inc | Vsxdxcv | Pcqvp | $40.4 Bil | |
PUK
| Prudential PLC ADR | Vhvnnjbb | Qtxm | $25.1 Bil |