New China Life Insurance Co's revenue for the
three
months ended in Mar. 2024 was ¥26,495 Mil.
Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ¥69,599 Mil.
New China Life Insurance Co's Revenue per Share for the
three
months ended in Mar. 2024 was ¥8.47.
Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥22.27.
Warning Sign:
New China Life Insurance Co Ltd revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of New China Life Insurance Co was -38.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -29.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -13.70% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -1.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.
During the past 13 years, New China Life Insurance Co's highest 3-Year average Revenue per Share Growth Rate was 13.00% per year. The lowest was -29.50% per year. And the median was 0.40% per year.
New China Life Insurance Co Revenue Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of New China Life Insurance Co's Revenue
For the Insurance - Life subindustry, New China Life Insurance Co's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
New China Life Insurance Co's Revenue Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, New China Life Insurance Co's Revenue distribution charts can be found below:
* The bar in red indicates where New China Life Insurance Co's Revenue falls into.
New China Life Insurance Co Revenue Calculation
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥69,599 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
New China Life Insurance Co (SHSE:601336) Revenue Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
New China Life Insurance Co Revenue Related Terms
Thank you for viewing the detailed overview of New China Life Insurance Co's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
New China Life Insurance Co (SHSE:601336) Business Description
Headquartered in Beijing, New China Life Insurance, or NCI, was founded by SOEs and private firms in 1996. The company is the fourth-largest life insurer in China in terms of total assets. Huijin Investment, the government's investment company owns 31% shares of New China Life. The company was listed on the Hong Kong and Shanghai Stock Exchanges in 2011. New China Life offers comprehensive life insurance products and services to individual customers and institutional customers through nationwide distributional networks and diversified marketing channels, manages and deploys insurance funds through its subsidiaries, including Asset Management Company and Asset Management Company (Hong Kong).
New China Life Insurance Co (SHSE:601336) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SHSE:601336 has been successfully added to your 