New China Life Insurance Co Ltd Class H 01336
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.
Trading Information
- Previous Close Price
- HK$45.02
- Day Range
- HK$43.30–45.00
- 52-Week Range
- HK$42.60–65.80
- Bid/Ask
- HK$43.68 / HK$43.72
- Shares Outstanding
- 3.12B
- Market Cap
- HK$136.39B
- Volume/Avg
- 6M / 8M
Key Statistics
- Price/Earnings (Normalized)
- 2.83
- Price/Sales
- 0.76
- Dividend Yield (Trailing)
- 7.10%
- Dividend Yield (Forward)
- 3.91%
- Dividend Payment Schedule
- Aug, Dec
- Total Yield
- 7.10%
Company Profile
New China Life Insurance Co Ltd is headquartered in Beijing and was established in 1996 by a combination of state-owned enterprises and private firms. It is currently the fourth-largest life insurer in China based on total assets. New China Life offers a wide range of life insurance products and services to both individual and institutional customers through its extensive distribution networks and diverse marketing channels. Additionally, it manages and invests insurance funds through its subsidiaries, including its Asset Management Company and Asset Management Company (Hong Kong).
- Sector
- Financial Services
- Industry
- Insurance - Life
- Stock Style Box
- Large Value
- Total Number of Employees
- 27,726
- Website
- https://www.newchinalife.com
Valuation
|
Metric
|
01336
|
|---|---|
Price/Earnings (Normalized) | 2.83 |
Price/Book Value | 0.98 |
Price/Sales | 0.76 |
Price/Cash Flow | 1.12 |
Price/Earnings
01336
Financial Strength
|
Metric
|
01336
|
|---|---|
Quick Ratio | — |
Current Ratio | — |
Interest Coverage | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
01336
|
|---|---|
Return on Assets (Normalized) | 2.23% |
Return on Equity (Normalized) | 39.51% |
Return on Invested Capital (Normalized) | 14.69% |
Return on Assets
01336
Insurance - Life Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| China Life Insurance Co Ltd Class H
CILJF
| — | LOCK|Tg | $140B | |||
| Ping An Insurance (Group) Co. of China Ltd Class H
PIAIF
| LOCK|QmKx&Sc | LOCK|lK | $134B | |||
| Ping An Insurance (Group) Co. of China Ltd ADR
PNGAY
| — | LOCK|zhH | $134B | |||
| AIA Group Ltd ADR
AAGIY
| — | LOCK|#^ | $91B | |||
| AIA Group Ltd
AAIGF
| — | LOCK|bv | $91B | |||
| Manulife Financial Corp
MFC
| LOCK|?<%>MM | LOCK|s?P | $71B | |||
| MetLife Inc
MET
| LOCK|ymT&F? | LOCK|@cT | $60B | |||
| Great-West Lifeco Inc
GWLIF
| LOCK|Lf<%Jb< | LOCK|<g@ | $57B | |||
| Prudential Financial Inc
PRU
| LOCK|TYd?#Js | LOCK|THL | $39B | |||
| Prudential PLC ADR
PUK
| LOCK|s&!h>^t | LOCK|>$ | $30B |
United States