New China Life Insurance Co., Ltd. Class H (HK:1336)
:1336
Earnings Data
Report Date
Apr 30, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
2.17Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a largely positive picture: the company reported record highs across assets, premiums, profit, EV and NBV with strong investment returns, marked improvement in persistency and a successful push into participating products and bancassurance. Management acknowledged challenges—solvency pressure from low long-term yields, potential margin effects from the shift to participating business, market/interest-rate uncertainty, and tighter regulatory requirements—but also described concrete mitigation steps (asset-liability matching, diversified investments, capital measures, technology and service investments). Given the scale and materiality of the reported achievements and clear management plans to address risks, the overall tone is constructive and growth-oriented.Company Guidance
Record Asset and Market Value Growth
Total assets reached close to RMB 1.9 trillion, up 12.2% year-on-year; total market value surpassed RMB 200 billion; share price delivered strong gains (management cited double-digit increases) reflecting improved investor confidence.
Strong Premiums and Revenue Expansion
Gross written premium (GWP) was RMB 195.9 billion, up 14.9%; operating revenue reached RMB 157.8 billion, up 19% year-on-year; FYRP and FYP growth notable (FYRP rose 36.7%, FYP from long-term business increased 48.9%).
Significant Profit and Value Improvements
Net profit was RMB 36.3 billion, up 38.3%; Embedded Value (EV) reached RMB 287.8 billion, up 11.4%; New Business Value (NBV) rose to RMB 9.8 billion, up 57.4%, with NBV margin at 16.2% (up 1.5 percentage points).
Enhanced Returns from Investments
Total investment income reached RMB 104.3 billion (up ~31%) with a total investment yield of 6.6% (up 0.8 percentage points), and management noted an adjusted measure around 6.9%, putting the company among industry leaders.
Improved Business Quality and Persistency
13-month persistency ratio improved to 97.1% (up 1.4 pp) and 25-month persistency rose to 93.3% (up 7.1 pp); surrender rate fell to 1.5% (down 0.4 pp), supporting long-term stability and NBV sustainability.
Breakthrough in Participating (Par) Product Transition
Par insurance FYP achieved RMB 11.9 billion in 2025 — an increase of nearly 12x year-on-year — with par product proportion in regular-pay business rising quarter-by-quarter and reaching ~77% in 4Q.
Bancassurance Channel Became a Major Growth Engine
Bancassurance FYP reached RMB 37.9 billion, up ~52%; total bank premium RMB 72.1 billion, up 40%; NBV from bancassurance rose ~110% to RMB 5.27 billion, and bank channel contribution to new business value surpassed the individual channel.
Service, Technology and ESG Progress
Expanded service ecosystem (covering >4 million individuals), one-minute policy service completion rate at 96%, launched AI initiatives (11 large model agents, digital human ambassadors), and notable ESG/green investments (green finance investment ~RMB 75.1 billion; awarded outstanding ESG case).
New China Life Insurance Co., Ltd. Class H (HK:1336) Earnings, Revenues Date & History
HK:1336 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HK:1336 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 27, 2026 | HK$46.78 | HK$47.22 | +0.94% |
Oct 30, 2025 | HK$49.79 | HK$49.45 | -0.69% |
Aug 28, 2025 | HK$46.12 | HK$46.83 | +1.54% |
Apr 29, 2025 | HK$25.46 | HK$25.65 | +0.73% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does New China Life Insurance Co., Ltd. Class H (HK:1336) report earnings?
New China Life Insurance Co., Ltd. Class H (HK:1336) is schdueled to report earning on Apr 30, 2026, TBA (Confirmed).
What is New China Life Insurance Co., Ltd. Class H (HK:1336) earnings time?
New China Life Insurance Co., Ltd. Class H (HK:1336) earnings time is at Apr 30, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
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What is the P/E ratio of New China Life Insurance Co., Ltd. Class H stock?
The P/E ratio of New China Life Insurance Co., Ltd. Class H is N/A.
What is HK:1336 EPS forecast?
Currently, no data Available