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New China Life Insurance Company Stock

New China Life Insurance Company ROA 2024

New China Life Insurance Company ROA

0.01

Ticker

601336.SS

ISIN

CNE1000019Y0

In 2024, New China Life Insurance Company's return on assets (ROA) was 0.01, a -64.92% increase from the 0.02 ROA in the previous year.

New China Life Insurance Company Aktienanalyse

What does New China Life Insurance Company do?

New China Life Insurance Co Ltd is a Chinese company specializing in providing life insurance. The company was founded in 1996 and is headquartered in Beijing, China. It is one of the leading life insurance companies in China and offers a wide range of insurance services. New China Life Insurance Company ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding New China Life Insurance Company's Return on Assets (ROA)

New China Life Insurance Company's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing New China Life Insurance Company's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider New China Life Insurance Company's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in New China Life Insurance Company’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about New China Life Insurance Company stock

What is the Return on Assets (ROA) of New China Life Insurance Company this year?

The Return on Assets (ROA) of New China Life Insurance Company is 0.01 undefined this year.

What was the ROA of New China Life Insurance Company compared to the previous year?

The ROA of New China Life Insurance Company has increased by -64.92% compared to the previous year.

What consequences do high ROA have for investors of New China Life Insurance Company?

A high ROA is advantageous for investors of New China Life Insurance Company, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in New China Life Insurance Company?

A low ROA can be unfavorable for investors of New China Life Insurance Company as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of New China Life Insurance Company affect the company?

An increase in ROA of New China Life Insurance Company can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of New China Life Insurance Company impact the company?

A reduction in the ROA of New China Life Insurance Company can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of New China Life Insurance Company?

Some factors that can influence the ROA of New China Life Insurance Company include revenue, operating costs, asset structure, and industry average.

Why is the ROA of New China Life Insurance Company important for investors?

The ROA of New China Life Insurance Company is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can New China Life Insurance Company take to improve ROA?

To improve ROA, New China Life Insurance Company can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does New China Life Insurance Company pay?

Over the past 12 months, New China Life Insurance Company paid a dividend of 1.08 CNY . This corresponds to a dividend yield of about 3.52 %. For the coming 12 months, New China Life Insurance Company is expected to pay a dividend of 1.26 CNY.

What is the dividend yield of New China Life Insurance Company?

The current dividend yield of New China Life Insurance Company is 3.52 %.

When does New China Life Insurance Company pay dividends?

New China Life Insurance Company pays a quarterly dividend. This is distributed in the months of September, September, September, September.

How secure is the dividend of New China Life Insurance Company?

New China Life Insurance Company paid dividends every year for the past 0 years.

What is the dividend of New China Life Insurance Company?

For the upcoming 12 months, dividends amounting to 1.26 CNY are expected. This corresponds to a dividend yield of 4.11 %.

In which sector is New China Life Insurance Company located?

New China Life Insurance Company is assigned to the 'Finance' sector.

Wann musste ich die Aktien von New China Life Insurance Company kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of New China Life Insurance Company from 8/10/2023 amounting to 1.08 CNY, you needed to have the stock in your portfolio before the ex-date on 8/10/2023.

When did New China Life Insurance Company pay the last dividend?

The last dividend was paid out on 8/10/2023.

What was the dividend of New China Life Insurance Company in the year 2023?

In the year 2023, New China Life Insurance Company distributed 1.44 CNY as dividends.

In which currency does New China Life Insurance Company pay out the dividend?

The dividends of New China Life Insurance Company are distributed in CNY.

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Andere Kennzahlen von New China Life Insurance Company

Our stock analysis for New China Life Insurance Company Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of New China Life Insurance Company Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.