Financial Services » Insurance | New China Life Insurance Co. Ltd.

New China Life Insurance Co. Ltd. | Income Statement

Fiscal year is January-December. All values HKD Millions.
2013
2014
2015
2016
2017
2018
Sales/Revenue
163,468
179,489
194,344
169,980
165,859
181,786
Unusual Expense
1,663
1,287
752
1,531
1,265
2,158
Pretax Income
5,798
9,116
13,873
7,401
8,111
11,970
Equity in Affiliates
459
678
660
173
341
479
Consolidated Net Income
5,582
8,063
10,610
5,775
6,208
9,384
Net Income
5,579
8,062
10,609
5,774
6,207
9,383
Net Income After Extraordinaries
5,579
8,062
10,609
5,774
6,207
9,383
Net Income Available to Common
5,579
8,062
10,609
5,774
6,207
9,383
EPS (Basic)
1.79
2.58
3.40
1.85
1.99
3.01
Basic Shares Outstanding
3,120
3,120
3,120
3,120
3,120
3,120
EPS (Diluted)
1.79
2.58
3.40
1.85
1.99
3.01
Diluted Shares Outstanding
3,120
3,120
3,120
3,120
3,120
3,120
Minority Interest Expense
3
1
1
1
1
1
Income Taxes
675
1,730
3,922
1,798
2,244
3,064
Non-Operating Income (Expense)
517
530
997
521
511
2
Losses, Claims & Reserves
130,892
140,977
146,438
127,234
118,174
130,252
Selling, General & Admin. Expenses & Other
22,113
25,907
31,987
32,637
35,822
34,273
Operating Income Before Interest Expense
10,463
12,605
15,919
10,109
11,863
17,261
Interest Expense, Net of Interest Capitalized
2,486
2,732
2,291
1,699
1,976
3,135
Operating Income After Interest Expense
7,978
9,873
13,629
8,410
9,887
14,126
Reserves Increase (Decrease)
-
-
32
13
27
30

About New China Life Insurance Co.

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Address
Xinhua Insurance Building
Beijing Beijing 100022
China
Employees -
Website http://www.newchinalife.com
Updated 07/08/2019
New China Life Insurance Co., Ltd. offers insurance products such as life insurance policies, health and accident insurance products and services. It operates through following segments: Individual Insurance Business, Group Insurance Business and Other Business. The Individual Insurance Business segment includes the sale of insurance contracts and investment contracts to individuals.