China Life Insurance Co Ltd
SSE:601628

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China Life Insurance Co Ltd
SSE:601628
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Price: 41.66 CNY 0.29%
Market Cap: 867.5B CNY
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China Life Insurance Co Ltd
Other Operating Expenses

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
Other Operating Expenses Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Operating Expenses CAGR 3Y CAGR 5Y CAGR 10Y
China Life Insurance Co Ltd
SSE:601628
Other Operating Expenses
-ÂĄ15.8B
CAGR 3-Years
33%
CAGR 5-Years
10%
CAGR 10-Years
-5%
Ping An Insurance Group Co of China Ltd
SSE:601318
Other Operating Expenses
-ÂĄ35B
CAGR 3-Years
22%
CAGR 5-Years
10%
CAGR 10-Years
-5%
New China Life Insurance Company Ltd
SSE:601336
Other Operating Expenses
-ÂĄ823m
CAGR 3-Years
48%
CAGR 5-Years
32%
CAGR 10-Years
15%
H
Hubei Biocause Pharmaceutical Co Ltd
SZSE:000627
Other Operating Expenses
-ÂĄ2.4B
CAGR 3-Years
2%
CAGR 5-Years
15%
CAGR 10-Years
N/A
S
Sunshine Insurance Group Co Ltd
HKEX:6963
Other Operating Expenses
ÂĄ748m
CAGR 3-Years
26%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

China Life Insurance Co Ltd
Glance View

Market Cap
867.5B CNY
Industry
Insurance

China Life Insurance Co Ltd stands as a colossal figure within the realm of financial services in China, rooted in a rich history that traces back to its inception in 1949. Positioned at the strategic intersection of finance and protection, the company serves as a beacon of security for millions across the nation. This enterprise, listed on both the Hong Kong and New York Stock Exchanges, has expertly woven itself into the fabric of Chinese society by providing a comprehensive suite of services ranging from individual life insurance, group life insurance, accident insurance, and health insurance. Its operational model hinges on its expansive distribution network, comprising an army of adept agents, alongside a seamlessly integrated bancassurance structure, which collaborates with banks to maximize reach and accessibility. Through this extensive network, China Life not only fortifies its market dominance but also cultivates trust and loyalty among its vast clientele. Revenue streams for China Life Insurance primarily flow through its underwriting of life insurance policies, which serve as the bedrock of its profitability. By pooling client premiums, the company invests these funds into diverse portfolios, encompassing stocks, bonds, and real estate, thus ensuring a steady income stream derived from both returns on investments and new policy sales. The delicate balance between managing risks and optimizing investments underscores its business strategy, leveraging China's economic expansion and an increasing middle class with a heightened awareness of financial security needs. This dual engine of premium collection and investment income propels China Life forward, reinforcing its stature as not only a cornerstone in China's insurance sector but an embodiment of financial stability and growth in the ever-evolving economic landscape.

Intrinsic Value
44.34 CNY
Undervaluation 6%
Intrinsic Value
Price

See Also

What is China Life Insurance Co Ltd's Other Operating Expenses?
Other Operating Expenses
-15.8B CNY

Based on the financial report for Sep 30, 2024, China Life Insurance Co Ltd's Other Operating Expenses amounts to -15.8B CNY.

What is China Life Insurance Co Ltd's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 10Y
-5%

Over the last year, the Other Operating Expenses growth was 69%. The average annual Other Operating Expenses growth rates for China Life Insurance Co Ltd have been 33% over the past three years , 10% over the past five years , and -5% over the past ten years .

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