New China Life Insurance Company Ltd (NCL) — Cash Flow Quality Index

Latest as of June 2023: 8.91x

New China Life Insurance Company Ltd (NCL) has a Cash Flow Quality Index of 8.91x as of June 2023. Operating cash flow of €27.27 Billion exceeds net income of €3.06 Billion, indicating high earnings quality where cash backs reported profits. Explore New China Life Insurance Company Ltd (NCL) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

8.91x
Operating CF / Net Income

Operating Cash Flow

€27.27 Billion
EUR

Net Income

€3.06 Billion
EUR

Data as of

Jun 2023
Most recent filing

New China Life Insurance Company Ltd Cash Flow Quality Index (2013–2025)

Historical Cash Flow Quality Index for New China Life Insurance Company Ltd across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see NCL operating cash flow.

Annual Cash Flow Quality Index for New China Life Insurance Company Ltd (2013–2025)

Year-by-year earnings quality comparison for New China Life Insurance Company Ltd.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 3.06x €110.92 Billion €36.28 Billion ▼ -16.7%
2024 3.67x €96.29 Billion €26.23 Billion ▼ -65.1%
2023 10.51x €91.55 Billion €8.71 Billion ▲ +15.5%
2022 9.10x €89.39 Billion €9.82 Billion ▲ +84.2%
2021 4.94x €73.85 Billion €14.95 Billion ▲ +5.1%
2020 4.70x €67.18 Billion €14.29 Billion ▲ +62.5%
2019 2.89x €42.10 Billion €14.56 Billion ▲ +66.4%
2018 1.74x €13.77 Billion €7.92 Billion ▲ +18.9%
2017 1.46x €7.87 Billion €5.38 Billion ▼ -1.5%
2016 1.48x €7.33 Billion €4.94 Billion ▲ +71.3%
2015 0.87x €7.45 Billion €8.60 Billion ▼ -77.9%
2014 3.91x €25.05 Billion €6.41 Billion ▼ -69.2%
2013 12.71x €56.20 Billion €4.42 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.