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New China Life Insurance Co (SHSE:601336) Price-to-Free-Cash-Flow : 1.16 (As of May. 13, 2024)


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What is New China Life Insurance Co Price-to-Free-Cash-Flow?

As of today (2024-05-13), New China Life Insurance Co's share price is ¥32.88. New China Life Insurance Co's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥28.45. Hence, New China Life Insurance Co's Price-to-Free-Cash-Flow Ratio for today is 1.16.

The historical rank and industry rank for New China Life Insurance Co's Price-to-Free-Cash-Flow or its related term are showing as below:

SHSE:601336' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 0.87   Med: 2.5   Max: 117.09
Current: 1.17

During the past 13 years, New China Life Insurance Co's highest Price-to-Free-Cash-Flow Ratio was 117.09. The lowest was 0.87. And the median was 2.50.

SHSE:601336's Price-to-Free-Cash-Flow is ranked better than
95.7% of 349 companies
in the Insurance industry
Industry Median: 8.92 vs SHSE:601336: 1.17

New China Life Insurance Co's Free Cash Flow per Share for the three months ended in Mar. 2024 was ¥11.90. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was ¥28.45.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of New China Life Insurance Co was -1.40% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 11.70% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 58.80% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 23.30% per year.

During the past 13 years, New China Life Insurance Co's highest 3-Year average Free Cash Flow per Share Growth Rate was 154.70% per year. The lowest was -54.50% per year. And the median was -0.60% per year.


New China Life Insurance Co Price-to-Free-Cash-Flow Historical Data

The historical data trend for New China Life Insurance Co's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Chart

New China Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.13 2.82 1.72 1.08 1.09

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
Price-to-Free-Cash-Flow 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 1.06 1.20 1.22 1.09 1.05

Competitive Comparison of New China Life Insurance Co's Price-to-Free-Cash-Flow

For the Insurance - Life subindustry, New China Life Insurance Co's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, New China Life Insurance Co's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where New China Life Insurance Co's Price-to-Free-Cash-Flow falls into.



New China Life Insurance Co Price-to-Free-Cash-Flow Calculation

New China Life Insurance Co's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=32.88/28.453
=1.16

New China Life Insurance Co's Share Price of today is ¥32.88.
New China Life Insurance Co's Free Cash Flow per Share 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 ¥28.45.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

New China Life Insurance Co  (SHSE:601336) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


New China Life Insurance Co Price-to-Free-Cash-Flow Related Terms

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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).

New China Life Insurance Co (SHSE:601336) Headlines

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