New China Life Insurance Company Ltd.’s Net Profit Rose 201% in 2024

Published: May. 28, 2025 4:45 p.m. GMT+8

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New China Life Insurance Company Ltd. (新华人寿保险股份有限公司) (601336.SH) reported a net profit of 26.2 billion yuan in 2024, up 201% year-on-year.

Meanwhile, the company posted 132.6 billion yuan in revenue, up 85.3% year-on-year.

At the end of the reporting period, it had 1.7 trillion yuan in total assets and 1.6 trillion yuan in total liabilities, with a liability-to-asset ratio of 94.3%.

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