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New China Life Insurance Co (HKSE:01336) Pre-Tax Income : HK$2,861 Mil (TTM As of Mar. 2024)


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What is New China Life Insurance Co Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. New China Life Insurance Co's pretax income for the three months ended in Mar. 2024 was HK$5,586 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was HK$2,861 Mil. New China Life Insurance Co's pretax margin was 19.41%.

During the past 13 years, New China Life Insurance Co's highest Pretax Margin was 20.43%. The lowest was 3.75%. And the median was 7.26%.


New China Life Insurance Co Pre-Tax Income Historical Data

The historical data trend for New China Life Insurance Co's Pre-Tax Income 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.

* Premium members only.

New China Life Insurance Co Pre-Tax Income Chart

New China Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,711.68 18,363.54 19,187.40 24,655.94 6,032.19

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
Pre-Tax Income 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 9,163.21 2,921.49 -2,178.67 -3,467.28 5,585.76

Competitive Comparison of New China Life Insurance Co's Pre-Tax Income

For the Insurance - Life subindustry, New China Life Insurance Co's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, New China Life Insurance Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where New China Life Insurance Co's Pre-Tax Income falls into.



New China Life Insurance Co Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

New China Life Insurance Co's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+6032.191
=6,032

New China Life Insurance Co's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+5585.762
=5,586

Pre-Tax Income 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$2,861 Mil.

* 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.


New China Life Insurance Co  (HKSE:01336) Pre-Tax Income Explanation

New China Life Insurance Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=5585.762/28781.557
=19.41%

During the past 13 years, New China Life Insurance Co's highest Pretax Margin was 20.43%. The lowest was 3.75%. And the median was 7.26%.

* 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.


New China Life Insurance Co Pre-Tax Income Related Terms

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New China Life Insurance Co (HKSE:01336) 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).

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