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New China Life Insurance Company Ltd. (601336.SS)

CNY65.55 +1.04 (+1.61%)
CN SHH Financial Services Insurance - Life
Address New China Insurance Tower 100022
Beijing, CN
CEO Yucheng Yang
IPO 2011-12-16
ISIN CNE1000019Y0

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Also trades on Hong Kong Stock Exchange · 1336.HK (HKD) Other OTC · NWWCF (USD) Shanghai Stock Exchange · 601336.SS (CNY)
Description

New China Life Insurance Company Ltd., founded in 1996 and based in Beijing, China, provides a wide array of life insurance products and related services. These offerings are extended to both private citizens and institutional clients throughout the People's Republic of China. The company's operations are divided into three primary divisions: individual policy coverage, collective insurance for groups, and a segment for miscellaneous business activities. Beyond its core insurance business, the firm also delivers asset management, professional development, digital commerce platforms, and healthcare services. Furthermore, it actively invests in, develops, leases, and manages various real estate properties.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY65.55 +1.04 (+1.61%)
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Volume Profile
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Liquidity & share structure
Average Volume
26M
Beta
0.87
Float Shares
894.46M
Free Float %
28.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.91% +0.25% +4.75% -16.76% -6.07% -6.37% +29.46% +65.13% +36.13% +65.76% +147.01%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
65.55
DCF (Unlevered) 396.12 +504.3%
DCF (Levered) 635.74 +869.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 54% Bullish
Rating 2024-11 Change
Strong Buy 7 0
Buy 7 0
Hold 3 0
Sell 7 0
Strong Sell 2 0
Quality scores
Altman Z-Score
0.36
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Insurance - Life: +10.6%
    +4.2% Q1'26: +31.7% (vs Q1'25)
  • EPS growth Insurance - Life: +13.4%
    +38.3% Q1'26: +10.1% (vs Q1'25)
  • FCF margin FCF growth · Insurance - Life: +31.7%
    +152.8% Q1'26: +111.2% (vs Q1'25)
  • EBIT margin Insurance - Life: +12.4%
    +32.8% Q1'26: +18.0% (vs Q1'25)
  • ROIC Insurance - Life: +1.0%
    +15.8% Q1'26: +13.9% (vs Q1'25)
  • Share dilution Insurance - Life: +0.4%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Insurance - Life: -1.05×
    4.68× Q1'26: 4.13× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.06) × ERP
WACC = 49% × Ke + 51% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 396.12 Current price: 65.55
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
4 Rev. Ana.
12 EPS Ana.
Dec 2027
5 Rev. Ana.
12 EPS Ana.
Dec 2028
2 Rev. Ana.
9 EPS Ana.
Revenue
157.92B
est: 116.35B (+35.7%)
146.03B
est: 112.39B (+29.9%)
143.81B
est: 110.63B (+30.0%)
153.76B
est: 124.78B (+23.2%)
174.07B
est: 141.76B (+22.8%)
206.28B
est: 163.42B (+26.2%)
222.00B
est: 161.41B (+37.5%)
106.89B
est: 161.92B (-34.0%)
70.10B
est: 52.30B (+34.0%)
128.86B
est: 111.22B (+15.9%)
134.21B
est: 147.23B (-8.8%)
160.42B
149.63B – 182.80B
+9.0% YoY
172.75B
152.92B – 223.19B
+7.7% YoY
186.89B
169.66B – 227.90B
+8.2% YoY
EBITDA
12.19B
est: 53.39B (-77.2%)
6.95B
est: 51.57B (-86.5%)
7.89B
est: 50.76B (-84.4%)
11.62B
est: 57.25B (-79.7%)
14.48B
est: 65.05B (-77.7%)
17.01B
est: 74.98B (-77.3%)
17.29B
est: 74.06B (-76.7%)
99.86B
est: 74.30B (+34.4%)
67.84B
est: 26.71B (+154.0%)
29.88B
est: 56.80B (-47.4%)
45.84B
est: 75.18B (-39.0%)
81.92B
76.41B – 93.35B
+9.0% YoY
88.21B
78.09B – 113.97B
+7.7% YoY
95.43B
86.63B – 116.38B
+8.2% YoY
EBIT
11.78B
est: 51.76B (-77.2%)
6.48B
est: 49.99B (-87.0%)
7.33B
est: 49.21B (-85.1%)
10.51B
est: 55.51B (-81.1%)
13.22B
est: 63.06B (-79.0%)
15.49B
est: 72.69B (-78.7%)
15.67B
est: 71.80B (-78.2%)
98.07B
est: 72.03B (+36.2%)
66.07B
est: 25.91B (+155.0%)
28.14B
est: 55.10B (-48.9%)
44.04B
est: 72.94B (-39.6%)
79.47B
74.13B – 90.56B
+9.0% YoY
85.58B
75.76B – 110.57B
+7.7% YoY
92.59B
84.05B – 112.91B
+8.2% YoY
Net Income
8.60B
est: 9.08B (-5.2%)
4.94B
est: 5.48B (-9.8%)
5.38B
est: 6.27B (-14.2%)
7.92B
est: 7.98B (-0.7%)
14.56B
est: 13.78B (+5.6%)
14.29B
est: 13.37B (+6.9%)
14.95B
est: 15.11B (-1.1%)
21.50B
est: 7.89B (+172.6%)
8.71B
est: 9.82B (-11.3%)
26.23B
est: 29.95B (-12.4%)
36.28B
est: 36.90B (-1.7%)
28.95B
20.48B – 45.55B
-21.6% YoY
30.87B
20.77B – 50.21B
+6.6% YoY
33.24B
22.67B – 60.75B
+7.7% YoY
SGA
3.05B
est: 2.22B (+37.4%)
2.26B
est: 2.14B (+5.4%)
2.33B
est: 2.11B (+10.7%)
2.28B
est: 2.38B (-4.3%)
2.32B
est: 2.70B (-14.2%)
2.44B
est: 3.11B (-21.7%)
2.14B
est: 3.08B (-30.5%)
1.74B
est: 3.09B (-43.6%)
2.37B
est: 873.09M (+171.4%)
3.06B
est: 1.86B (+64.9%)
est: 2.46B (-100.0%)
2.68B
2.50B – 3.05B
+9.0% YoY
2.88B
2.55B – 3.73B
+7.7% YoY
3.12B
2.83B – 3.80B
+8.2% YoY
EPS
2.76
est: 2.91 (-5.1%)
1.58
est: 1.76 (-10.0%)
1.73
est: 2.01 (-13.9%)
2.54
est: 2.56 (-0.7%)
4.67
est: 4.42 (+5.7%)
4.58
est: 4.29 (+6.9%)
4.79
est: 4.84 (-1.1%)
6.89
est: 2.53 (+172.5%)
2.79
est: 3.15 (-11.3%)
8.41
est: 7.88 (+6.7%)
11.63
est: 11.97 (-2.9%)
10.41
6.57 – 14.60
-13.0% YoY
11.13
6.66 – 16.09
+6.9% YoY
12.38
7.27 – 19.47
+11.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A- 4/5 4/5 5/5 4/5 2/5 4/5 2/5
2026-05-11 A- 4/5 4/5 5/5 4/5 2/5 4/5 2/5
2026-05-08 A 4/5 4/5 5/5 5/5 2/5 4/5 2/5
2026-05-07 A 4/5 4/5 5/5 5/5 2/5 4/5 2/5
2026-05-06 A 4/5 4/5 5/5 5/5 2/5 4/5 2/5
2026-04-30 A 4/5 4/5 5/5 5/5 2/5 4/5 2/5
2026-04-29 A- 4/5 4/5 5/5 5/5 1/5 4/5 2/5
2026-04-28 A- 4/5 4/5 5/5 5/5 1/5 4/5 2/5
2026-04-27 A- 4/5 4/5 5/5 5/5 1/5 4/5 2/5
2026-04-24 A- 4/5 4/5 5/5 5/5 1/5 4/5 2/5
2026-04-23 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5
2026-04-22 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5
2026-04-21 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5
2026-04-20 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5
2026-04-17 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5
2026-04-16 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
100.01B
OE per share TTM
32.06
Owner's Yield
49.15%
Maintenance CapEx ratio
15.76%
Maint CapEx / Avg PPE
12.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 122 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Matthews China Active ETF MCH 1.99% 454.9K 0.79%
2 HSBC MSCI China A UCITS ETF HMCT.L 0.28% 370.6K 0.30%
3 JPMorgan ETFs (Ireland) ICAV - China A Research Enhanced Index Equity Active UCITS ETF JREC.L 0.27% 62.1K 0.40%
4 Amundi MSCI China A UCITS ETF Acc CNAA.L 0.26% 369.3K 0.35%
5 iShares MSCI China A UCITS ETF CNYA.L 0.26% 7.95M 0.40%
6 iShares MSCI China A UCITS ETF CNYE.MI 0.26% 262.3K 0.45%
7 iShares MSCI China A ETF CNYA 0.25% 587.6K 0.60%
8 Xtrackers MSCI China A UCITS ETF 1C XX2D.L 0.24% 332.7K 0.35%
9 Xtrackers Harvest CSI 300 China A-Shares ETF ASHR 0.21% 2.83M 0.65%
10 Samsung KODEX China CSI300 ETF 283580.KS 0.20% 397.2K 0.12%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.54M
Shares Outstanding
3.12B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Yucheng Yang Executive Chairman 2M male
Xingfeng Gong President, Chief Financial Officer & Executive Director 2M male
Hongbo Qin Vice President 2M male
Xigang Wang Chief Compliance Officer 2M male
Wenfeng Li Assistant President 1M male
Chen Liu Chief Information Officer 1M female
Zhiyong Liu Assistant to the President & Joint Company Secretary 1M male
Xing Chief Actuary 1M male
Tao Zhang Head of Accounting Department male
Zhangmei Head in charge of Accounting Department female
Sau Mei Ng ACIS FCIS Company Secretary female
Zhongzhu Wang GM of Discipline Inspection & Supervision Office male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits