China Life Insurance Co Ltd
SSE:601628

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China Life Insurance Co Ltd
SSE:601628
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Price: 41.77 CNY -5.45% Market Closed
Market Cap: 869.8B CNY
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China Life Insurance Co Ltd
Other Liabilities

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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China Life Insurance Co Ltd
Other Liabilities Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Liabilities CAGR 3Y CAGR 5Y CAGR 10Y
China Life Insurance Co Ltd
SSE:601628
Other Liabilities
ÂĄ163.8B
CAGR 3-Years
21%
CAGR 5-Years
32%
CAGR 10-Years
34%
Ping An Insurance Group Co of China Ltd
SSE:601318
Other Liabilities
ÂĄ642B
CAGR 3-Years
12%
CAGR 5-Years
15%
CAGR 10-Years
19%
New China Life Insurance Company Ltd
SSE:601336
Other Liabilities
ÂĄ11.5B
CAGR 3-Years
45%
CAGR 5-Years
54%
CAGR 10-Years
25%
H
Hubei Biocause Pharmaceutical Co Ltd
SZSE:000627
Other Liabilities
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
S
Sunshine Insurance Group Co Ltd
HKEX:6963
Other Liabilities
ÂĄ8.2B
CAGR 3-Years
0%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

China Life Insurance Co Ltd
Glance View

Market Cap
869.8B CNY
Industry
Insurance

China Life Insurance Co Ltd is one of the largest and most prominent life insurance and financial services companies in China, operating under a banner that has become synonymous with financial security in the region. Established in 1949, the company primarily focuses on providing a wide array of life insurance products, annuities, and other wealth management and protection services. As a state-owned enterprise, China Life enjoys a robust capital base and significant support from the Chinese government, which enhances its credibility and stability in a competitive market. With a vast distribution network and an expansive customer base, China Life has established a formidable presence not only within China but also in the broader Asia-Pacific region, making it an attractive prospect for investors seeking exposure to the growing insurance sector in one of the world's largest economies. For investors, China Life Insurance offers a compelling value proposition, especially as the country's middle class continues to expand and demand for insurance and protection products rises. The company has demonstrated consistent growth in premium income, underpinned by its diverse range of offerings that cater to both individual and corporate clients. Its solid investment portfolio, including various asset classes such as equities, bonds, and real estate, further contributes to its profitability and long-term prospects. Furthermore, as the Chinese government continues to promote insurance as a key component of social security, China Life stands positioned to benefit from favorable policy developments. With a strong brand, a commitment to innovation, and a tailored approach to meeting the evolving needs of its customers, China Life Insurance Co Ltd represents not just a reliable investment but also a gateway into the burgeoning insurance landscape of China.

Intrinsic Value
43.03 CNY
Undervaluation 3%
Intrinsic Value
Price

See Also

What is China Life Insurance Co Ltd's Other Liabilities?
Other Liabilities
163.8B CNY

Based on the financial report for Sep 30, 2024, China Life Insurance Co Ltd's Other Liabilities amounts to 163.8B CNY.

What is China Life Insurance Co Ltd's Other Liabilities growth rate?
Other Liabilities CAGR 10Y
34%

Over the last year, the Other Liabilities growth was 35%. The average annual Other Liabilities growth rates for China Life Insurance Co Ltd have been 21% over the past three years , 32% over the past five years , and 34% over the past ten years .

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