-
1 Comment
New China Life Insurance Company Ltd is currently in a long term downtrend where the price is trading 13.8% below its 200 day moving average.
From a valuation standpoint, the stock is 97.3% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.4.
New China Life Insurance Company Ltd's total revenue sank by 11.1% to $37B since the same quarter in the previous year.
Its net income has increased by 104.9% to $3B since the same quarter in the previous year.
Finally, its free cash flow fell by 14.6% to $10B since the same quarter in the previous year.
Based on the above factors, New China Life Insurance Company Ltd gets an overall score of 2/5.
| ISIN | CNE100001922 |
|---|---|
| Industry | Insurance-Life |
| Sector | Financial Services |
| CurrencyCode | HKD |
| Exchange | HK |
| Beta | 0.8 |
|---|---|
| Dividend Yield | 8.6% |
| Market Cap | 96B |
| Target Price | 23.29 |
| PE Ratio | 5.45 |
New China Life Insurance Company Ltd. provides life insurance products and services to individuals and institutions in China. The company 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, China.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 1336.HK using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024
