New China Life Insurance
New China Life Insurance is a large Chinese insurance company offering traditional security and new-type life insurance products.
Launch date
Employees
Market cap
€9.8b
Enterprise valuation
€10.4b (Public information from Sep 2024)
Share price
HKD16.58 1336.HK
Beijing China (HQ)
Financials
Estimates*
CNY | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 206.3b | 222.0b | 214.3b | 72.2b | 38.4b | 58.7b | 68.1b |
% growth | 19 % | 8 % | (3 %) | (66 %) | (47 %) | 53 % | 16 % |
Profit | 14.3b | 14.9b | 9.8b | 8.7b | 12.4b | 13.1b | 13.6b |
% profit margin | 7 % | 7 % | 5 % | 12 % | 32 % | 22 % | 20 % |
EV / revenue | 0.9x | 0.7x | 0.5x | 2.6x | 2.7x | 1.8x | 1.5x |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | N/A | IPO | |
Total Funding | - |
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ACQUISITION by CICC Apr 2024