New China Life Insurance Co (HKSE:01336) General and Admin. Expense : HK$2,435 Mil (TTM As of Mar. 2024)

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What is New China Life Insurance Co General and Admin. Expense?

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. New China Life Insurance Co's General and Admin. Expense for the three months ended in Mar. 2024 was HK$658 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2024 was HK$2,435 Mil.

New China Life Insurance Co General and Admin. Expense Historical Data

The historical data trend for New China Life Insurance Co's General and Admin. Expense 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 General and Admin. Expense Chart

New China Life Insurance Co Annual Data

Trend

Dec14

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Dec23

General and Admin. Expense

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15,337.04

15,618.08

15,761.34

3,488.62

2,592.26

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
General and Admin. Expense	Get a 7-Day Free Trial															833.74	985.50	772.35	18.59	658.30

New China Life Insurance Co General and Admin. Expense Calculation

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company.

General and Admin. Expense 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 HK$2,435 Mil.

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New China Life Insurance Co (HKSE:01336) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » New China Life Insurance Co Ltd (HKSE:01336) » Definitions » General and Admin. Expense

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Traded in Other Exchanges

NWWCF:USA NCL:Germany 601336:China

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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