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New China Life Insurance Co (SHSE:601336) ROE % Adjusted to Book Value : 20.06% (As of Mar. 2024)


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What is New China Life Insurance Co ROE % Adjusted to Book Value?

New China Life Insurance Co's ROE % for the quarter that ended in Mar. 2024 was 19.86%. New China Life Insurance Co's PB Ratio for the quarter that ended in Mar. 2024 was 0.99. New China Life Insurance Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 was 20.06%.


New China Life Insurance Co ROE % Adjusted to Book Value Historical Data

The historical data trend for New China Life Insurance Co's ROE % Adjusted to Book Value can be seen below:

* 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.

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New China Life Insurance Co ROE % Adjusted to Book Value Chart

New China Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.66 8.63 12.70 21.70 9.33

New China Life Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.31 10.26 -1.49 -3.38 20.06

Competitive Comparison of New China Life Insurance Co's ROE % Adjusted to Book Value

For the Insurance - Life subindustry, New China Life Insurance Co's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, New China Life Insurance Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where New China Life Insurance Co's ROE % Adjusted to Book Value falls into.



New China Life Insurance Co ROE % Adjusted to Book Value Calculation

New China Life Insurance Co's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=8.58% / 0.92
=9.33%

New China Life Insurance Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=19.86% / 0.99
=20.06%

* 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.


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New China Life Insurance Co (SHSE:601336) Business Description

Traded in Other Exchanges
Address
A12 Jianguomenwai Avenue, New China Insurance Tower, Chaoyang District, Beijing, CHN, 100022
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).
Executives
Kang Dian senior management
Zhu Nan Song Supervisors

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