China Life Insurance Company Limited Website

China Life Insurance Company Limited

SEHK-2628

Basic

  • Market Cap

    HK$798.46B

  • EV

    HK$725.84B

  • Shares Out

    28.26B

  • Revenue

    CN¥740.01B

  • Employees

    100,000

Margins

  • Gross

    10.95%

  • EBITDA

    3.98%

  • Operating

    3.46%

  • Pre-Tax

    1.76%

  • Net

    2.57%

  • FCF

    52.82%

Returns (5Yr Avg)

  • ROA

    1.03%

  • ROTA

    10.15%

  • ROE

    9.59%

  • ROCE

    1.47%

  • ROIC

    1.62%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    HK$14.43

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    CN¥257.88B

  • Net Debt

    -CN¥77.34B

  • Debt/Equity

    0.37

  • EBIT/Interest

    1.37

Growth (CAGR)

  • Rev 3Yr

    -2.96%

  • Rev 5Yr

    2.97%

  • Rev 10Yr

    7.14%

  • Dil EPS 3Yr

    -32.46%

  • Dil EPS 5Yr

    -4.18%

  • Dil EPS 10Yr

    -1.44%

  • Rev Fwd 2Yr

    5.51%

  • EBITDA Fwd 2Yr

    30.97%

  • EPS Fwd 2Yr

    7.22%

  • EPS LT Growth Est

    26.67%

Dividends

  • Yield

  • Payout

    64.02%

  • DPS

    CN¥0.43

  • DPS Growth 3Yr

    -12.42%

  • DPS Growth 5Yr

    21.86%

  • DPS Growth 10Yr

    3.67%

  • DPS Growth Fwd 2Yr

    14.63%

Select a metric from the list below to chart it

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Dec '19

Dec '20

Dec '21

Dec '22

Dec '23

LTM

Dec '24 (E)

Dec '25 (E)

Dec '26 (E)

Premiums and Annuity Revenues

509,427

571,391

569,671

570,703

583,401

589,836

Total Interest And Dividend Income

90,641

103,569

231,470

119,517

117,074

88,497

Gain (Loss) on Sale of Investments, Total

71,934

86,469

-26,420

63,043

14,759

42,008

Other Revenues, Total

17,164

17,434

19,973

12,605

19,612

19,670

Total Revenues

689,166

778,863

794,694

765,868

734,846

740,011

Total Revenues % Chg.

32.8%

13%

2%

-3.6%

-4.1%

48.2%

Policy Benefits

480,991

575,805

603,685

615,541

586,429

597,184

Policy Acquisition / Underwriting Costs, Total

81,396

84,361

65,744

54,777

63,092

63,092

Selling General & Admin Expenses, Total

41,438

38,935

42,120

41,188

40,348

40,308

Provision for Bad Debts

190

Provision For Loan Losses

-2,718

275

-1,376

1,476

1,507

1,507

Other Operating Expenses

6,783

12,331

31,744

14,045

16,685

15,113

Total Operating Expenses

613,326

711,157

744,669

724,075

705,047

714,380

Operating Income

75,840

67,706

50,025

41,793

29,799

25,631

Interest Expense, Total

-15,654

-13,027

-17,603

-17,323

-18,705

Currency Exchange Gains (Loss)

-67

119

645

-69

-381

-362

Other Non Operating Income (Expenses)

79

87

61

71

37

EBT, Excl. Unusual Items

60,119

54,877

50,757

24,182

12,166

6,601

Gain (Loss) on Sale of Assets

7

36

69

122

73

59

Asset Writedown

-179

-83

-88

-36

-71

6,626

Other Unusual Items

-152

-354

-398

-221

-290

-290

EBT, Incl. Unusual Items

59,795

54,476

50,340

24,047

11,878

12,996

Income Tax Expense

781

3,103

-1,917

-9,467

-10,755

-7,565

Earnings From Continuing Operations

59,014

51,373

52,257

33,514

22,633

20,561

Minority Interest

-727

-1,116

-1,491

-1,432

-1,523

-1,577

Net Income

58,287

50,257

50,766

32,082

21,110

18,984

Preferred Dividend and Other Adjustments

394

201

Net Income to Common Incl Extra Items

57,893

50,056

50,766

32,082

21,110

18,984

Net Income to Common Excl. Extra Items

57,893

50,056

50,766

32,082

21,110

18,984

Total Shares Outstanding

28,265

28,265

28,264.7

28,264.7

28,264.7

28,264.7

Weighted Avg. Shares Outstanding

28,265

28,265

28,265

28,265

28,265

28,264.7

Weighted Avg. Shares Outstanding Dil

28,265

28,265

28,265

28,265

28,265

28,264.7

EPS

2

1.8

1.8

1.1

0.7

0.7

EPS Diluted

2

1.8

1.8

1.1

0.7

0.7

EBITDA

78,686

70,937

53,553

45,582

33,618

29,457.5

Effective Tax Rate

1.3%

5.7%

-3.8%

-39.4%

-90.5%

-58.2%