New China Life Insurance Co., Ltd. Class H (NCL) Ratios
New China Life Insurance Co., Ltd. Class H Ratios
DE:NCL's free cash flow for Q2 2026 was $84.35B. For the 2026 fiscal year, DE:NCL's free cash flow was decreased by $-373.77M and operating cash flow was $84.72B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.04 | 0.01 | 0.00 | 64.89 | 64.70 |
| Quick Ratio | 0.04 | 0.01 | 0.00 | 64.89 | 64.70 |
| Cash Ratio | 0.03 | 0.03 | 0.00 | 2.90 | 2.39 |
| Solvency Ratio | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 |
| Operating Cash Flow Ratio | 0.10 | 0.07 | 0.00 | 14.75 | 11.41 |
| Short-Term Operating Cash Flow Coverage | 0.79 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Current Asset Value | $ -1.73T | $ -1.59T | $ -1.28T | $ -758.90B | $ -600.30B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.11 | 0.02 | 0.01 | 0.01 | 0.01 |
| Debt-to-Equity Ratio | 1.92 | 0.32 | 0.20 | 0.11 | 0.10 |
| Debt-to-Capital Ratio | 0.66 | 0.24 | 0.17 | 0.10 | 0.09 |
| Long-Term Debt-to-Capital Ratio | 0.15 | 0.24 | 0.16 | 0.09 | 0.08 |
| Financial Leverage Ratio | 17.03 | 17.58 | 13.36 | 12.20 | 10.39 |
| Debt Service Coverage Ratio | 0.20 | 0.00 | 1.17 | 1.31 | 0.00 |
| Interest Coverage Ratio | 11.55 | 0.00 | 0.09 | 0.29 | 0.00 |
| Debt to Market Cap | 1.41 | 0.44 | 0.48 | 0.19 | 0.19 |
| Interest Debt Per Share | 69.83 | 9.97 | 26.13 | 27.85 | 3.54 |
| Net Debt to EBITDA | 3.80 | -0.25 | -0.01 | -0.07 | -0.26 |
| Profitability Margins | |||||
| Gross Profit Margin | 100.00% | 100.00% | 100.00% | 90.49% | 93.43% |
| EBIT Margin | 32.79% | 21.84% | 94.26% | 91.75% | 7.06% |
| EBITDA Margin | 34.14% | 23.19% | 96.78% | 93.42% | 7.79% |
| Operating Profit Margin | 30.18% | 21.84% | 7.87% | 20.66% | 7.06% |
| Pretax Profit Margin | 30.18% | 21.84% | 7.87% | 20.66% | 7.06% |
| Net Profit Margin | 27.02% | 20.35% | 12.43% | 20.11% | 6.73% |
| Continuous Operations Profit Margin | 27.03% | 20.36% | 12.43% | 20.12% | 6.73% |
| Net Income Per EBT | 89.53% | 93.21% | 157.97% | 97.38% | 95.39% |
| EBT Per EBIT | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Return on Assets (ROA) | 1.86% | 1.55% | 0.62% | 1.71% | 1.33% |
| Return on Equity (ROE) | 31.67% | 27.25% | 8.29% | 20.90% | 13.78% |
| Return on Capital Employed (ROCE) | 10.75% | 8.64% | 0.39% | 1.77% | 1.40% |
| Return on Invested Capital (ROIC) | 6.29% | 8.05% | 0.22% | 1.71% | 1.23% |
| Return on Tangible Assets | 1.86% | 1.55% | 0.62% | 1.72% | 1.33% |
| Earnings Yield | 23.21% | 38.01% | 20.69% | 40.88% | 28.22% |
| Efficiency Ratios | |||||
| Receivables Turnover | 11.82 | 14.57 | 0.00 | 0.00 | 0.00 |
| Payables Turnover | 0.00 | 0.00 | 0.00 | 1.68 | 2.25 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 7.55 | 6.84 | 3.71 | 5.71 | 11.58 |
| Asset Turnover | 0.07 | 0.08 | 0.05 | 0.09 | 0.20 |
| Working Capital Turnover Ratio | -0.09 | -0.10 | 0.34 | 0.27 | 0.53 |
| Cash Conversion Cycle | 30.89 | 25.05 | 0.00 | -217.54 | -161.96 |
| Days of Sales Outstanding | 30.89 | 25.05 | 0.00 | 0.00 | 0.00 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 0.00 | 0.00 | 0.00 | 217.54 | 161.96 |
| Operating Cycle | 30.89 | 25.05 | 0.00 | 0.00 | 0.00 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 49.39 | 30.87 | 29.32 | 28.67 | 23.67 |
| Free Cash Flow Per Share | 48.93 | 30.51 | 28.65 | 28.09 | 22.63 |
| Dividend Paid and CapEx Coverage Ratio | 11.66 | 16.60 | 14.49 | 13.50 | 9.07 |
| Capital Expenditure Coverage Ratio | 106.73 | 87.54 | 43.80 | 49.96 | 22.67 |
| Operating Cash Flow Coverage Ratio | 0.72 | 3.10 | 4.35 | 8.23 | 6.69 |
| Operating Cash Flow to Sales Ratio | 1.18 | 0.75 | 1.31 | 0.84 | 0.33 |
| Free Cash Flow Yield | 100.23% | 137.96% | 212.48% | 166.57% | 133.27% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 4.31 | 2.63 | 4.83 | 2.45 | 3.54 |
| Price-to-Sales (P/S) Ratio | 1.16 | 0.54 | 0.60 | 0.49 | 0.24 |
| Price-to-Book (P/B) Ratio | 1.36 | 0.72 | 0.40 | 0.51 | 0.49 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 1.00 | 0.72 | 0.47 | 0.60 | 0.75 |
| Price-to-Operating Cash Flow Ratio | 0.99 | 0.72 | 0.46 | 0.59 | 0.72 |
| Price-to-Earnings Growth (PEG) Ratio | 0.12 | 0.01 | -0.42 | -0.07 | 0.77 |
| Enterprise Value Multiple | 7.21 | 2.06 | 0.61 | 0.46 | 2.81 |
| Enterprise Value | 322.01B | 61.64B | 41.32B | 45.86B | 48.53B |
| EV to EBITDA | 7.21 | 2.06 | 0.61 | 0.46 | 2.81 |
| EV to Sales | 2.46 | 0.48 | 0.59 | 0.43 | 0.22 |
| EV to Free Cash Flow | 2.11 | 0.65 | 0.46 | 0.52 | 0.69 |
| EV to Operating Cash Flow | 2.09 | 0.64 | 0.45 | 0.51 | 0.66 |
| Tangible Book Value Per Share | 34.92 | 29.56 | 32.35 | 31.72 | 33.57 |
| Shareholders’ Equity Per Share | 35.77 | 30.85 | 33.65 | 33.00 | 34.78 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.10 | 0.07 | -0.58 | 0.03 | 0.05 |
| Revenue Per Share | 41.93 | 41.31 | 22.45 | 34.28 | 71.16 |
| Net Income Per Share | 11.33 | 8.41 | 2.79 | 6.90 | 4.79 |
| Tax Burden | 0.90 | 0.93 | 1.58 | 0.97 | 0.95 |
| Interest Burden | 0.92 | 1.00 | 0.08 | 0.23 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.00 | 0.02 | 0.03 | 0.02 | 0.01 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 4.36 | 3.67 | 10.51 | 9.10 | 4.94 |
Currency in CNY
