New China Life Insurance Company Ltd.

HKSE 1336.HK

New China Life Insurance Company Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.20

New China Life Insurance Company Ltd. Debt to Equity Ratio is 0.20 for the year ending December 31, 2023, a 89.64% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

New China Life Insurance Company Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.11, a 3.69% change year over year.
New China Life Insurance Company Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.10, a -6.50% change year over year.
New China Life Insurance Company Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.11, a 856.34% change year over year.
New China Life Insurance Company Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.01, a -81.34% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

HKSE: 1336.HK

New China Life Insurance Company Ltd.

CEO	Mr. Yucheng Yang
IPO Date	Dec. 15, 2011
Location	China
Headquarters	New China Insurance Tower
Employees	30,662
Sector	Finance
Industries Insurance

Description

New 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.

Key trends

Past 5 years