New China Life Insurance Company Ltd.: Recent Financial Performance and Market Overview
New China Life Insurance Company Ltd. (601336:CN) is a China-based company primarily involved in providing life insurance products and services, wealth management, and other related businesses. The company operates through three main segments: Traditional Insurance, Dividend Insurance and Other Business. They also engage in healthcare, providing customers with full life cycle services including health care, medical care, travel and health management. Additionally, the company provides investment operations and capital management services.
Financial Highlights
Recent financial reports indicate positive developments for New China Life Insurance.
- The company reported a net profit attributable of RMB26,229 million.
- January-February premium income increased by 29%.
- The company expects an up to 195% increase in attributable net profit for 2024.
Market Performance
As of March 26, 2025, New China Life Insurance’s Shanghai S.E. performance shows:
- Recent Performance: The stock price closed at 50.72 CNY, with a -0.35% change for the day and a -6.20% change since January 1st.
Analyst Ratings
Based on analyst consensus:
- Rating: OUTPERFORM.
- Number of Analysts: 20
- Average Target Price: 43.34 CNY
Recent News
Additional headlines related to the company:
- March 27, 2025: New China Life Insurance Posts FY Net Profit Attributable RMB26,229 Million
- March 27, 2025: New China Life Insurance Company Ltd. Reports Earnings Results for the Full Year Ended December 31, 2024
Disclaimer: This information is based on publicly available financial news and is for informational purposes only.
