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 how much of New China Life Insurance Company Ltd's assets are long-term investments to see how much of total assets are deployed in long-term investments.

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. Check NCL goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

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. For live market cap and the full company financial profile, see NCL stock market capitalisation.

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.