New China Life Insurance Co (SHSE:601336) 3-Year Revenue Growth Rate : -29.50% (As of Mar. 2024)

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What is New China Life Insurance Co 3-Year Revenue Growth Rate?

New China Life Insurance Co's Revenue per Share for the three months ended in Mar. 2024 was ¥8.47.

During the past 12 months, New China Life Insurance Co's average Revenue per Share Growth Rate 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 the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of New China Life Insurance Co was 13.00% per year. The lowest was -29.50% per year. And the median was 0.40% per year.

Competitive Comparison of New China Life Insurance Co's 3-Year Revenue Growth Rate

For the Insurance - Life subindustry, New China Life Insurance Co's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, New China Life Insurance Co's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where New China Life Insurance Co's 3-Year Revenue Growth Rate falls into.

New China Life Insurance Co 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 the average Revenue per Share growth rate.

New China Life Insurance Co (SHSE:601336) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

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 per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

New China Life Insurance Co 3-Year Revenue Growth Rate Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » New China Life Insurance Co Ltd (SHSE:601336) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

NWWCF:USA 01336:Hong Kong NCL:Germany

Address

A12 Jianguomenwai Avenue, New China Insurance Tower, Chaoyang District, Beijing, CHN, 100022

Website

https://www.newchinalife.com

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).

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