New China Life Stock Net Asset
601336 Stock | 46.92 0.92 2.00% |
New China Life fundamentals help investors to digest information that contributes to New China's financial success or failures. It also enables traders to predict the movement of New Stock. The fundamental analysis module provides a way to measure New China's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to New China stock.
New | Net Asset |
New China Life Company Net Asset Analysis
New China's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current New China Net Asset | 1.4 T |
Most of New China's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, New China Life is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, New China Life has a Net Asset of 1.4 T. This is much higher than that of the Insurance sector and significantly higher than that of the Financials industry. The net asset for all China stocks is notably lower than that of the firm.
New Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New China's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of New China could also be used in its relative valuation, which is a method of valuing New China by comparing valuation metrics of similar companies.New China is currently under evaluation in net asset category among its peers.
New China ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, New China's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to New China's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
New Fundamentals
Return On Equity | 0.2 | |||
Return On Asset | 0.0104 | |||
Profit Margin | 0.32 % | |||
Operating Margin | 49.84 % | |||
Current Valuation | 125.38 B | |||
Shares Outstanding | 2.09 B | |||
Shares Owned By Insiders | 66.80 % | |||
Shares Owned By Institutions | 4.81 % | |||
Price To Book | 1.58 X | |||
Price To Sales | 1.94 X | |||
Revenue | 72.19 B | |||
Gross Profit | 19.87 B | |||
EBITDA | 26.4 B | |||
Net Income | 8.71 B | |||
Total Debt | 1.3 T | |||
Book Value Per Share | 29.18 X | |||
Cash Flow From Operations | 91.55 B | |||
Earnings Per Share | 6.36 X | |||
Price To Earnings To Growth | 0.40 X | |||
Target Price | 40.34 | |||
Number Of Employees | 30.66 K | |||
Beta | 0.89 | |||
Market Capitalization | 119.67 B | |||
Total Asset | 1.4 T | |||
Retained Earnings | 92.12 B | |||
Net Asset | 1.4 T | |||
Last Dividend Paid | 0.85 |
About New China Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New China Life's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New China using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New China Life based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Other Information on Investing in New Stock
New China financial ratios help investors to determine whether New Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New China security.