New China Life Insurance Company Ltd. (SHA:601336)
China · Delayed Price · Currency is CNY 57.63
-0.78 (-1.34%)
Sep 15, 2026, 3:00 PM CST
SHA:601336 Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 44,278 | 36,284 | 26,229 | 8,712 | 21,500 | 14,947 |
Depreciation & Amortization | 1,455 | 1,419 | 1,409 | 1,474 | 1,611 | 1,389 |
Other Amortization | 467 | 467 | 439 | 414 | 299 | 357 |
Gain (Loss) on Sale of Assets | 4 | 4 | 3 | 1 | 2 | 5 |
Gain (Loss) on Sale of Investments | -22,121 | -22,121 | -34,534 | 5,931 | 4,958 | 2,250 |
Change in Accounts Receivable | -107 | -107 | 3,035 | 3,377 | -674 | -1,282 |
Reinsurance Recoverable | -103 | -103 | -270 | 992 | - | - |
Change in Insurance Reserves / Liabilities | 173,494 | 173,494 | 141,630 | 102,355 | - | - |
Change in Other Net Operating Assets | -1,362 | -1,362 | -1,864 | -2,289 | -899 | 3,449 |
Other Operating Activities | -91,097 | -80,538 | -43,202 | -29,726 | 61,719 | 52,735 |
Operating Cash Flow | 108,387 | 110,916 | 96,290 | 91,548 | 88,516 | 73,853 |
Operating Cash Flow Growth | 15.43% | 15.19% | 5.18% | 3.43% | 19.85% | 9.93% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -1,448 | -1,482 | -1,100 | -2,090 | -1,789 | -3,258 |
Sale of Property, Plant & Equipment | 32 | 9 | 11 | 29 | 2 | 7 |
Cash Acquisitions | 265 | 4,225 | 877 | 3,606 | - | 956 |
Investment in Securities | -160,471 | -160,429 | -183,605 | -204,361 | -137,043 | -142,442 |
Other Investing Activities | 60,635 | 46,375 | 41,877 | 39,189 | 41,318 | 37,070 |
Investing Cash Flow | -101,142 | -110,116 | -141,771 | -156,649 | -89,601 | -106,531 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | - | - | - | 13,611 |
Long-Term Debt Issued | - | 18,968 | 77,011 | 70,846 | - | - |
Total Debt Issued | 18,968 | 18,968 | 77,011 | 70,846 | - | 13,611 |
Total Debt Repaid | -13,729 | -10,362 | -430 | -476 | -13,749 | -585 |
Lease Payments | -302 | -362 | -430 | -476 | -528 | -585 |
Net Debt Issued (Repaid) | 5,239 | 8,606 | 76,581 | 70,370 | -13,749 | 13,026 |
Common Dividends Paid | -13,121 | -12,008 | -4,699 | -3,755 | -5,065 | -4,666 |
Other Financing Activities | 1,305 | 7,141 | -9,853 | 2,671 | 21,653 | 26,881 |
Financing Cash Flow | -6,577 | 3,739 | 62,029 | 69,286 | 2,839 | 35,241 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -158 | -73 | 96 | 17 | 373 | -97 |
Net Cash Flow | 510 | 4,466 | 16,644 | 4,202 | 2,127 | 2,466 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 106,939 | 109,434 | 95,190 | 89,458 | 86,727 | 70,595 |
Free Cash Flow Growth | 14.84% | 14.96% | 6.41% | 3.15% | 22.85% | 10.06% |
Free Cash Flow Margin | 128.80% | 146.61% | 146.22% | 212.59% | 134.00% | 32.07% |
Free Cash Flow Per Share | 34.27 | 35.08 | 30.51 | 28.67 | 27.80 | 22.63 |
Levered Free Cash Flow | -232,098 | -76,376 | -86,976 | -274,784 | -20,918 | -40,670 |
Unlevered Free Cash Flow | -230,208 | -74,183 | -84,997 | -273,481 | -20,185 | -40,170 |
Free Cash Flow After Leases | 106,637 | 109,072 | 94,760 | 88,982 | 86,199 | 70,010 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Income Tax Paid | 2,878 | 2,878 | 1,137 | 838 | 292 | 3,192 |
Change in Working Capital | 171,922 | 171,922 | 142,531 | 104,435 | -1,573 | 2,167 |