New China Life Insurance Co., Ltd. Class H (HK:1336)
:1336
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New China Life Insurance Co., Ltd. Class H (1336) AI Stock Analysis

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HK:1336

New China Life Insurance Co., Ltd. Class H

(1336)

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Outperform 83 (OpenAI - 4o)
Rating:83Outperform
Price Target:
HK$60.00
▲(22.00% Upside)
New China Life Insurance Co., Ltd. is well-positioned with strong financial health and attractive valuation metrics. The stock's positive technical indicators further support its potential. However, the declining revenue trend remains a concern that needs to be addressed for sustained growth.

New China Life Insurance Co., Ltd. Class H (1336) vs. iShares MSCI Hong Kong ETF (EWH)

New China Life Insurance Co., Ltd. Class H Business Overview & Revenue Model

Company DescriptionNew China Life Insurance Company Ltd. provides life insurance products and services to individuals and institutions in the People's Republic of China. It operates through three segments: Individual Insurance Business, Group Insurance Business, and Other Business. The company also offers asset management, training, electronic commerce, and medical services; and invests in, develops, leases, and manages real estate properties. New China Life Insurance Company Ltd. was incorporated in 1996 and is headquartered in Beijing, the People's Republic of China.
How the Company Makes MoneyNew China Life generates revenue primarily through the sale of insurance premiums from its life insurance products. The company collects premiums from policyholders, which form the bulk of its income. Additionally, it earns investment income from the investment of these premium funds in various financial instruments, including stocks, bonds, and real estate. The company also generates revenue through fees associated with wealth management services and investment-linked products. Strategic partnerships with financial institutions and distribution channels further enhance its reach and sales, contributing to its overall earnings. Moreover, the company's emphasis on digital transformation and technology-driven services has allowed it to optimize operational efficiency and expand its customer base, bolstering its revenue streams.

New China Life Insurance Co., Ltd. Class H Financial Statement Overview

Summary
New China Life Insurance Co., Ltd. shows strong profitability with high profit margins and a robust balance sheet. Despite declining revenues, the company maintains efficient cost management and cash flow generation. The low debt-to-equity ratio and high ROE indicate strong financial health, though addressing revenue decline is crucial for future growth.
Income Statement
75
Positive
The company displays strong gross and net profit margins with a gross profit margin at 100% and a net profit margin of 24.88% for TTM (Trailing-Twelve-Months). However, the revenue has decreased significantly over the years, with a notable decline from 2022 to 2024. EBIT margin for TTM is healthy at 15.88%, indicating efficient cost management despite revenue fluctuations.
Balance Sheet
82
Very Positive
The balance sheet is robust with a low debt-to-equity ratio of 0.39, reflecting a conservative leverage strategy. The equity ratio stands at 4.55%, indicating a strong capital base. ROE for TTM is impressive at 34.02%, showcasing excellent utilization of equity to generate profits.
Cash Flow
80
Positive
The company has a strong cash flow profile with significant free cash flow generation for TTM. The operating cash flow to net income ratio is favorable at 0.86, while the free cash flow to net income ratio is exceptionally high at 2.35, indicating efficient cash management despite the challenges of declining revenues.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue116.92B128.86B70.10B106.89B222.00B206.28B
Gross Profit116.92B128.86B70.10B96.72B207.41B188.45B
EBITDA61.28B29.88B67.84B99.86B17.29B17.01B
Net Income29.95B26.23B8.71B21.50B14.95B14.29B
Balance Sheet
Total Assets1.78T1.69T1.40T1.26T1.13T1.00T
Cash, Cash Equivalents and Short-Term Investments32.58B38.46B21.81B393.24B418.90B439.70B
Total Debt20.91B31.10B21.02B10.86B11.04B11.06B
Total Liabilities1.69T1.60T1.30T1.15T1.02T902.70B
Stockholders Equity83.41B96.24B105.07B102.88B108.50B101.67B
Cash Flow
Free Cash Flow65.44B95.19B89.46B87.60B70.59B64.14B
Operating Cash Flow58.72B96.29B91.55B89.39B73.85B67.18B
Investing Cash Flow-131.48B-141.77B-156.65B-90.47B-106.53B-67.73B
Financing Cash Flow44.14B62.03B69.29B2.84B35.24B1.97B

New China Life Insurance Co., Ltd. Class H Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price49.18
Price Trends
50DMA
47.28
Positive
100DMA
46.68
Positive
200DMA
37.41
Positive
Market Momentum
MACD
0.87
Positive
RSI
49.73
Neutral
STOCH
53.51
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1336, the sentiment is Neutral. The current price of 49.18 is below the 20-day moving average (MA) of 49.86, above the 50-day MA of 47.28, and above the 200-day MA of 37.41, indicating a neutral trend. The MACD of 0.87 indicates Positive momentum. The RSI at 49.73 is Neutral, neither overbought nor oversold. The STOCH value of 53.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1336.

New China Life Insurance Co., Ltd. Class H Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
83
Outperform
HK$202.54B4.7234.37%5.94%49.90%203.77%
83
Outperform
$1.17T5.8928.10%3.72%17.69%126.41%
76
Outperform
$352.34B5.3618.41%3.65%15.08%23.13%
72
Outperform
$1.10T6.7514.53%4.82%10.20%19.74%
72
Outperform
$862.52B18.8515.16%2.21%5.65%30.47%
71
Outperform
€67.12B5.6211.12%3.34%2.54%17.80%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1336
New China Life Insurance Co., Ltd. Class H
49.18
25.78
110.17%
HK:2318
Ping An Insurance Company of China
58.20
14.08
31.90%
HK:1299
AIA Group
78.55
22.69
40.61%
HK:2601
China Pacific Insurance (Group) Co
32.32
7.84
32.04%
HK:2628
China Life Insurance Co
26.14
11.09
73.71%
HK:1508
China Reinsurance (Group) Corp. Class H
1.59
0.71
81.09%

New China Life Insurance Co., Ltd. Class H Corporate Events

New China Life Insurance Reports 17% Increase in Premium Income for 2025
Nov 12, 2025

New China Life Insurance Co., Ltd. reported an accumulated gross premium income of RMB181,973.02 million for the period from January to October 2025, marking a 17% increase year-on-year. The company is committed to high-quality development through systematic reforms and efforts across various dimensions, including products, distribution channels, and technology, aiming for both volume and value enhancement.

The most recent analyst rating on (HK:1336) stock is a Sell with a HK$37.90 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

New China Life Insurance Updates Interim Dividend Details
Oct 31, 2025

New China Life Insurance Co., Ltd. announced an update to its interim dividend for the six months ending June 30, 2025, declaring a dividend of RMB 0.67 per share. The update includes details on the default currency, exchange rate, and withholding tax for the dividend, which will be paid in HKD. The ex-dividend date is set for November 13, 2025, with payment scheduled for December 12, 2025. The announcement outlines the withholding tax rates applicable to non-resident shareholders based on their domicile’s tax treaty with China, impacting the net dividend received by these stakeholders.

The most recent analyst rating on (HK:1336) stock is a Buy with a HK$65.00 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

New China Life Insurance Approves 2025 Interim Dividend Plan
Oct 31, 2025

New China Life Insurance Co., Ltd. recently held its third extraordinary general meeting of 2025, where shareholders approved the Interim Profit Distribution Plan for the year. The meeting, which complied with relevant legal and regulatory requirements, saw significant shareholder participation, with a resolution passed to distribute interim dividends, reflecting the company’s commitment to returning value to its shareholders.

The most recent analyst rating on (HK:1336) stock is a Buy with a HK$65.00 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

New China Life Insurance Reports Strong Q3 2025 Financial Performance
Oct 30, 2025

New China Life Insurance Co., Ltd. reported its unaudited financial results for the third quarter of 2025, showcasing a substantial increase in both operating income and net profit. The company achieved a 30.8% rise in operating income and an 88.2% surge in net profit attributable to shareholders for the three months ended September 30, 2025, compared to the same period last year. These results highlight the company’s strong financial performance and improved profitability, which could positively impact its market positioning and stakeholder confidence.

The most recent analyst rating on (HK:1336) stock is a Buy with a HK$65.00 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

New China Life Insurance to Review Q3 Results in Upcoming Board Meeting
Oct 16, 2025

New China Life Insurance Co., Ltd. has announced that its board of directors will hold a meeting on October 30, 2025, to review and approve the company’s third-quarter results for the nine months ending September 30, 2025. This meeting is crucial as it will also involve the publication of these results, which could impact the company’s operational strategies and provide insights into its financial health for stakeholders.

The most recent analyst rating on (HK:1336) stock is a Buy with a HK$65.00 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

New China Life Insurance Reports 19% Increase in Premium Income
Oct 16, 2025

New China Life Insurance Co., Ltd. reported an accumulated gross premium income of RMB172,704.62 million for the first nine months of 2025, marking a 19% increase year-on-year. The company is enhancing its business structure by transitioning to participating insurance, upgrading its ‘Strong Foundation Initiative,’ and strengthening its sales and distribution channels to support high-quality development.

The most recent analyst rating on (HK:1336) stock is a Buy with a HK$65.00 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

New China Life Insurance Projects Significant Profit Growth for 2025
Oct 13, 2025

New China Life Insurance Co., Ltd. has announced a significant estimated profit increase for the first three quarters of 2025, with net profit expected to grow by 45% to 65% compared to the same period in 2024. This growth is attributed to the company’s strategic focus on enhancing its insurance business quality, optimizing asset allocation, and leveraging the strong performance of China’s capital market, leading to substantial investment returns.

The most recent analyst rating on (HK:1336) stock is a Sell with a HK$37.90 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

New China Life Insurance Announces Third Extraordinary General Meeting of 2025
Oct 9, 2025

New China Life Insurance Co., Ltd. has announced the convening of its third extraordinary general meeting of 2025, scheduled for October 31, 2025. Key agenda items include the approval of an interim profit distribution plan, amendments to the Articles of Association, and changes to the rules of procedures for both the general meeting and the board of directors. The outcomes of these resolutions could significantly impact the company’s governance structure and shareholder engagement, reflecting its strategic direction and operational priorities.

The most recent analyst rating on (HK:1336) stock is a Sell with a HK$37.90 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

New China Life Insurance Updates Interim Dividend Details
Oct 9, 2025

New China Life Insurance Co., Ltd. has announced an update to its interim cash dividend for the six months ending June 30, 2025, declaring a dividend of RMB 0.67 per share. The announcement includes updated details on the shareholders’ approval date, ex-dividend rate, and other key dates, impacting stakeholders by providing clarity on dividend entitlements and payment schedules.

The most recent analyst rating on (HK:1336) stock is a Sell with a HK$37.90 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

New China Life Insurance Proposes Governance Reforms
Sep 30, 2025

New China Life Insurance Co., Ltd. announced proposed amendments to its Articles of Association and the abolishment of its Board of Supervisors. This move aims to align with the Company Law of China and improve corporate governance. The changes are subject to approval at the shareholders’ general meeting and will take effect upon approval by the National Financial Regulatory Administration. The dissolution of the Board of Supervisors is expected to streamline operations and enhance governance practices.

The most recent analyst rating on (HK:1336) stock is a Sell with a HK$37.90 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

New China Life Insurance Reports 21% Increase in Premium Income
Sep 17, 2025

New China Life Insurance Co., Ltd. reported an accumulated gross premium income of RMB158,085.85 million for the first eight months of 2025, marking a 21% year-on-year increase. The company is focused on strengthening its market position by enhancing its operational capabilities and management efforts, aiming for high-quality development and structural optimization.

The most recent analyst rating on (HK:1336) stock is a Hold with a HK$50.70 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

New China Life Insurance Announces Interim Dividend for 2025
Aug 28, 2025

New China Life Insurance Co., Ltd. has announced an interim cash dividend of RMB 0.67 per share for the six months ending June 30, 2025. This announcement reflects the company’s financial performance and commitment to providing returns to its shareholders, although specific details such as the Hong Kong dollar equivalent, ex-dividend date, and payment date are yet to be announced.

The most recent analyst rating on (HK:1336) stock is a Sell with a HK$26.50 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

New China Life Insurance Discloses 2023 Executive Remuneration Details
Aug 28, 2025

New China Life Insurance Co., Ltd. has released supplementary information regarding the remuneration of its directors, supervisors, and senior management for 2023. The announcement includes final total remuneration figures for various executives, highlighting changes in positions and responsibilities within the company. This disclosure provides transparency to stakeholders about the company’s management compensation, potentially impacting its governance and investor relations.

The most recent analyst rating on (HK:1336) stock is a Sell with a HK$26.50 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

New China Life Insurance Co., Ltd. Announces Board Committee Adjustments
Aug 28, 2025

New China Life Insurance Co., Ltd. has announced an adjustment to the composition of its Board Committees, electing Mr. ZHANG Xiaodong to several key committees including the Audit and Related Party Transaction Control Committee, the Nomination and Remuneration Committee, and the Risk Management and Consumer Rights Protection Committee. This strategic adjustment is expected to enhance the company’s governance and oversight capabilities, potentially impacting its operational efficiency and stakeholder confidence positively.

The most recent analyst rating on (HK:1336) stock is a Sell with a HK$26.50 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

New China Life Insurance Announces Board and Committee Roles
Aug 28, 2025

New China Life Insurance Co., Ltd. has announced the composition of its board of directors and the roles within its five key committees. This organizational update is significant for stakeholders as it highlights the company’s governance structure and strategic focus areas, potentially impacting its operational efficiency and market positioning.

The most recent analyst rating on (HK:1336) stock is a Sell with a HK$26.50 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

New China Life Insurance Schedules Board Meeting to Approve Interim Results
Aug 18, 2025

New China Life Insurance Co., Ltd. has announced a board meeting scheduled for August 28, 2025, to discuss and approve the interim results for the first half of the year ending June 30, 2025. The meeting will also consider the payment of an interim dividend, which could have implications for the company’s financial strategy and shareholder returns.

The most recent analyst rating on (HK:1336) stock is a Hold with a HK$26.50 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

New China Life Insurance Reports 23% Increase in Premium Income
Aug 18, 2025

New China Life Insurance Co., Ltd. reported an accumulated gross premium income of RMB137,806.27 million for the period from January to July 2025, marking a 23% year-on-year increase. The company is enhancing its operations through systematic reforms, optimizing its business structure, strengthening distribution channels, and building a service-empowering system to improve efficiency and service quality.

The most recent analyst rating on (HK:1336) stock is a Hold with a HK$26.50 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 17, 2025