Stocktoria

New China Life Insurance Company Ltd. 601336.SS

CN · Shanghai Stock Exchange · XSHG · stock · Financial Services · website

New China Life Insurance Company Ltd. statistics & valuation

Market capCN¥180.2B
P / E5.0×
P / S1.2×
P / B1.6×
P / FCF1.6×
Net margin23.9%
FCF margin72.0%
Net cashCN¥22.1B
Enterprise value USD$14.6B
Graham number +104.8%CN¥118.31

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (CN¥118.31); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
20.10% 12.40% 38.60% 23.90% 2022202320242025
Gross margin (%)
2022202320242025
Operating margin (%)
2022202320242025
Return on equity (%)
21.90% 8.30% 27.30% 32.50% 2022202320242025
Shares outstanding
2.09B 2.09B 2.09B 2.09B 2022202320242025
Net debt (CN¥)
-CN¥6.75B -CN¥786.0M -CN¥7.36B -CN¥22.12B 2022202320242025
Share buybacks (CN¥)
2022202320242025
Return on assets (%)
1.80% 0.60% 1.50% 1.90% 2022202320242025
Free cash flow margin (%)
81.10% 127.60% 140.00% 72.00% 2022202320242025
Debt / equity (×)
0.11× 0.20× 0.32× 0.19× 2022202320242025
EPS (CN¥)
CN¥6.89 CN¥2.79 CN¥8.41 CN¥11.63 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

New China Life Insurance Company Ltd. trades at about earnings — below its 10-year norm (10-year range 4.5×–11×, median 7.2×).

4.5× 11×

Shaded band = 10-year range (4.5×–11×); dot = today's 5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Net margin23.9%38.6%12.4%20.1%
FCF margin72.0%140.0%127.6%81.1%
Return on assets1.9%1.5%0.6%1.8%
Return on equity32.5%27.3%8.3%21.9%
Debt / equity0.18×0.32×0.19×0.10×

Computed from company filings · CN · as of 2025-12-31. Figures in CNY. Facts plus Stocktoria's own computed scores — not investment advice.