New China Life Insurance Company Ltd (NCL) - Cash Flow Conversion Efficiency

Latest as of June 2023: 0.243x

Based on the latest financial reports, New China Life Insurance Company Ltd (NCL) has a cash flow conversion efficiency ratio of 0.243x as of June 2023. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€27.27 Billion ≈ $31.89 Billion USD) by net assets (€112.31 Billion ≈ $131.30 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also explore New China Life Insurance Company Ltd balance sheet assets for the complete picture of this company's asset base.

New China Life Insurance Company Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)

This chart illustrates how New China Life Insurance Company Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. For the full company profile with market capitalisation and key ratios, see New China Life Insurance Company Ltd (NCL) market capitalisation.

New China Life Insurance Company Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of New China Life Insurance Company Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Castellum AB ST:CAST	0.018x
Capstone Mining Corp TO:CS	0.029x
thyssenkrupp AG XETRA:TKA	-0.120x
Gamuda Bhd KLSE:5398	-0.031x
Capital Securities Corp. Ltd. SHG:601136	0.021x
Shenghe Resources Holding Co Ltd SHG:600392	0.023x
Wangsu Science Tech SHE:300017	0.048x
Tsingtao Brewery Co Ltd SHG:600600	0.032x

Annual Cash Flow Conversion Efficiency for New China Life Insurance Company Ltd (2013–2024)

The table below shows the annual cash flow conversion efficiency of New China Life Insurance Company Ltd from 2013 to 2024. See New China Life Insurance Company Ltd net assets for net asset value and shareholders' equity analysis.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	€96.27 Billion ≈ $112.55 Billion	€96.29 Billion ≈ $112.57 Billion	1.000x	+14.82%
2023-12-31	€105.09 Billion ≈ $122.86 Billion	€91.55 Billion ≈ $107.03 Billion	0.871x	+0.29%
2022-12-31	€102.91 Billion ≈ $120.31 Billion	€89.39 Billion ≈ $104.50 Billion	0.869x	+27.63%
2021-12-31	€108.51 Billion ≈ $126.86 Billion	€73.85 Billion ≈ $86.34 Billion	0.681x	+3.01%
2020-12-31	€101.68 Billion ≈ $118.87 Billion	€67.18 Billion ≈ $78.54 Billion	0.661x	+32.54%
2019-12-31	€84.46 Billion ≈ $98.74 Billion	€42.10 Billion ≈ $49.22 Billion	0.498x	+137.49%
2018-12-31	€65.60 Billion ≈ $76.69 Billion	€13.77 Billion ≈ $16.10 Billion	0.210x	+70.06%
2017-12-31	€63.72 Billion ≈ $74.50 Billion	€7.87 Billion ≈ $9.20 Billion	0.123x	-0.44%
2016-12-31	€59.12 Billion ≈ $69.12 Billion	€7.33 Billion ≈ $8.57 Billion	0.124x	-3.73%
2015-12-31	€57.84 Billion ≈ $67.62 Billion	€7.45 Billion ≈ $8.71 Billion	0.129x	-75.14%
2014-12-31	€48.36 Billion ≈ $56.54 Billion	€25.05 Billion ≈ $29.29 Billion	0.518x	-63.76%
2013-12-31	€39.32 Billion ≈ $45.97 Billion	€56.20 Billion ≈ $65.71 Billion	1.429x	--

About New China Life Insurance Company Ltd

F:NCL Germany Insurance - Life

Market Cap

$6.41 Billion

€5.48 Billion EUR

Market Cap Rank

#3040 Global

#591 in Germany

Share Price

€5.30

Change (1 day)

+0.95%

52-Week Range

€2.98 - €6.85

All Time High

€6.85