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
Operating Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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China Life Insurance Co Ltd
Operating Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Income CAGR 3Y CAGR 5Y CAGR 10Y
China Life Insurance Co Ltd
SSE:601628
Operating Income
ÂĄ153.9B
CAGR 3-Years
21%
CAGR 5-Years
25%
CAGR 10-Years
16%
Ping An Insurance Group Co of China Ltd
SSE:601318
Operating Income
ÂĄ257.5B
CAGR 3-Years
3%
CAGR 5-Years
3%
CAGR 10-Years
12%
New China Life Insurance Company Ltd
SSE:601336
Operating Income
ÂĄ9.9B
CAGR 3-Years
-19%
CAGR 5-Years
-5%
CAGR 10-Years
4%
H
Hubei Biocause Pharmaceutical Co Ltd
SZSE:000627
Operating Income
ÂĄ688.3m
CAGR 3-Years
-14%
CAGR 5-Years
-24%
CAGR 10-Years
15%
S
Sunshine Insurance Group Co Ltd
HKEX:6963
Operating Income
ÂĄ7.2B
CAGR 3-Years
-5%
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 Operating Income?
Operating Income
153.9B CNY

Based on the financial report for Sep 30, 2024, China Life Insurance Co Ltd's Operating Income amounts to 153.9B CNY.

What is China Life Insurance Co Ltd's Operating Income growth rate?
Operating Income CAGR 10Y
16%

Over the last year, the Operating Income growth was 597%. The average annual Operating Income growth rates for China Life Insurance Co Ltd have been 21% over the past three years , 25% over the past five years , and 16% over the past ten years .

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