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New China Life Insurance Company Ltd. (China)

Main Activities: Insurance Carriers | Management of Companies and Enterprises
Full name: New China Life Insurance Company Ltd. Profile Updated: November 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

New China Life Insurance Company Ltd. is a large life insurance company with a significant market share in the domestic life insurance market. In 2011, the company was listed on both the Hong Kong Stock Exchange and the Shanghai Stock Exchange. The company offers life insurance, accident insurance, and health insurance products and services to individuals and groups within China. Additionally, the company operates an insurance asset management business primarily through its subsidiary asset management company. New China Life Insurance was the first in the domestic life insurance market to adopt the "sum assured dividend" approach and has developed a unique dividend product system based on this. Over the years, New China Life Insurance has received honors such as "China's Top 500 Enterprises," "China's Top 500 Most Valuable Brands," and "China's Top 10 Most Influential Brands."

Headquarters
Xinhua Insurance Building, No. 12, Jianguomenwai Street, Chaoyang District, Beijing
Chaoyang; Liaoning; Postal Code: 100022

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Website: http://www.newchinalife.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 28, 1996
Key Executives
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Chairman
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Independent Director
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Independent Director
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Independent Director
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Independent Director
Ownership Details
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31.34%
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31.18%
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12.09%
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2.99%
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1.94%
Subsidiaries
Beijing Xinhua Zhuoyue Rehabilitation Hospital Co., Ltd.
100%
Guangzhou Yuerong Project Construction Management Co., Ltd.
100%
Xinhua Century Electronic Commerce Co., Ltd.
100%
Company Performance
Financial values in the chart are available after New China Life Insurance Company Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Total operating revenue
149%
Operating profit (EBIT)
167.66%
Net Profit (Loss) for the Period
116.71%
Total assets
22.18%
Total equity
-15.94%
Return on Equity (ROE)
13.9%

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