Analysis New China Life Ins Co. Ltd. (NWWCF)
5/28/2024
Analysis of New China Life Ins Co. Ltd. (NWWCF)
New China Life Insurance Co. Ltd. (NWWCF) has shown consistent price stability with the closing price remaining at 1.79 for multiple days. However, the Relative Strength Index (RSI) is indicating an oversold condition at 20.91, suggesting a potential reversal in the near future.Looking at the Moving Average Convergence Divergence (MACD) indicator, the signal line has crossed above the MACD line, indicating a bullish signal. The MACD histogram is also positive, showing an increase in bullish momentum.
In terms of moving averages, the Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) are all above the current price, indicating a bullish trend.
Overall, based on the technical indicators, there is a potential for a bullish reversal in New China Life Insurance Co. Ltd. (NWWCF) in the near future. However, it is important to monitor the price action and volume for confirmation of the trend reversal.
Earnings
The company's results for the most recent quarter, as of April 30, 2025, have not been provided at this time. The previous results as of February 27, 2025, were handled by the Transfer Agent. The results from January 31, 2025, were reported after hours. The results from October 31, 2024, were not supplied at the time. However, on August 1, 2024, the company reported an earnings per share (EPS) estimate of 1.32.Main Statystic ðŸ§
The data provided includes financials, stock statistics, valuation metrics, stock price summary, and dividends and splits information for a specific company.In terms of financials, the company has strong operating cash flow and levered free cash flow, with a positive current ratio. The profit margin and operating margin are also healthy, indicating efficient operations. The company's fiscal year ends in September 2023, and it has shown a positive return on assets and return on equity.
Looking at stock statistics, the company has a relatively low short ratio and a significant percentage of shares held by institutions. The stock price has fluctuated between a fifty-two-week low and high, with a positive change over the period.
Valuation metrics show a relatively high PEG ratio and forward PE ratio. The company's market capitalization and enterprise value are substantial, with a high price-to-book ratio and price-to-sales ratio.
The stock price summary includes beta, moving averages, and the range of prices over the past fifty-two weeks.
Lastly, dividends and splits information shows the company's dividend dates, payout ratio, and dividend yield metrics, along with details of past stock splits.
Income statement 💸
These are the revenue figures. Here are the conclusions:1. The company's sales have been increasing steadily over the past four fiscal years.
2. The EBITDA has also shown a positive trend, indicating strong operational performance.
3. Net income has been growing consistently, reflecting the company's profitability.
4. Despite fluctuations in other income and expenses, the core operating income has been stable.
5. The company has been able to manage its cost of goods sold effectively, maintaining gross profit margins.
6. Diluted EPS has shown slight variations, but overall, it has been increasing gradually.
7. The company has been able to generate positive EBIT and EBITDA each year, indicating efficient cost management and operational performance.
Revenue estimate
Based on analysts' estimates for the future quarterly and annual sales of the company, we can draw the following conclusions:1. For the current quarter ending on June 30, 2024, the average sales estimate is $83,776,900,000, with a sales growth of 2% compared to the same quarter last year. The number of analysts providing estimates is 24.
2. For the next quarter ending on September 30, 2024, the average sales estimate is $92,375,300,000, with a sales growth of 3% compared to the same quarter last year. The number of analysts providing estimates is 24.
3. For the current fiscal year ending on September 30, 2024, the average sales estimate is $386,681,000,000, with a sales growth of 1% compared to the previous fiscal year. The number of analysts providing estimates is 37.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $411,555,000,000, with a sales growth of 6% compared to the current fiscal year. The number of analysts providing estimates is 37.
These estimates suggest a moderate growth trend in both quarterly and annual sales for the company, with slightly higher growth expected in the next fiscal year compared to the current one.
Growth estimates
Based on the consensus estimates provided:- The company is expected to have a growth rate of 7.5% in the current year and 9.7% in the next year.
- For the current quarter, the growth rate is estimated to be 5.6%, while for the next quarter it is projected to be 4.8%.
- Over the next 5 years, the company is expected to have a compound annual growth rate (CAGR) of 11%.
- In the past 5 years, the company had a CAGR of 20.15%.
Overall, the company is expected to experience steady growth in the upcoming periods, with a slightly higher growth rate in the long term compared to the short term.
Price target
Based on the analysts' forecast, the future price of the security is expected to range between $164 (low) and $250 (high), with a median estimate of $200 and an average estimate of $202.26. The current price of the security is $191.57.Balance Sheet
These are balance sheets. Here are the conclusions:1. The total assets have been increasing over the years, from $323.9 billion in 2018 to $352.8 billion in 2023.
2. The total liabilities have also been increasing, from $255.4 billion in 2018 to $290.4 billion in 2023.
3. Shareholders' equity has shown a slight increase over the years, from $107.1 billion in 2018 to $62.1 billion in 2023.
4. Current assets have fluctuated over the years but have generally shown an increasing trend.
5. Current liabilities have also been increasing, indicating a higher short-term debt and obligations.
6. Non-current assets have shown a steady increase, mainly driven by investments and advances.
7. Non-current liabilities have been fluctuating but have shown an overall increasing trend.
8. The company has been relying more on long-term debt to finance its operations.
9. The company has been investing in machinery, furniture, and equipment, as seen in the increasing values over the years.
10. The company has been accumulating cash and cash equivalents, indicating a focus on liquidity and short-term financial stability.
Cash Flow 💶
This is the cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value in 2022 and the lowest in 2020.
2. Operating cash flow has generally been increasing year over year, indicating improved operational efficiency.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. The end cash position has also been fluctuating, reaching its highest value in 2020.
5. Financing activities show a pattern of common stock repurchase, issuance of long-term debt, and payment of dividends.
6. Investing activities include the sale and purchase of investments, as well as capital expenditures.
7. Overall, the company seems to be managing its cash flow effectively, with a focus on operational efficiency and strategic investments.
Earnings estimate
Based on the analysts' estimates for future quarterly and annual earnings per share:1. For the current quarter ending on June 30, 2024, the average estimated EPS is $1.33, which is higher than the EPS of $1.26 from the same quarter a year ago. The range of estimates is between $1.27 and $1.36, as provided by 26 analysts.
2. For the next quarter ending on September 30, 2024, the average estimated EPS is $1.53, compared to $1.46 from the previous year. The estimates range from $1.44 to $1.63, based on 25 analysts' forecasts.
3. Looking at the current fiscal year ending on September 30, 2024, the average estimated EPS is $6.59, higher than the previous year's EPS of $6.13. The analysts' estimates range from $6.43 to $6.92, with insights from 39 analysts.
4. For the next fiscal year ending on September 30, 2025, the average estimated EPS is $7.23, with a range of estimates between $6.40 and $7.90. This is compared to the EPS of $6.59 from the previous fiscal year, based on forecasts from 39 analysts.
Overall, the analysts are generally predicting an increase in earnings per share for both the upcoming quarters and fiscal years, indicating positive growth expectations for the company.
MACD of NWWCF
This is not investment advice. Remember to verify the information provided here.
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