China Life Insurance Company Limited
2628.HKHKSEFinancial ServicesInsurance - Life
Latest quote
HK$28.66
+HK$0.60 · +2.14%
2628.HK company overview
Regular session · HKT · Market data may be delayed.
Company profile
Company websiteOperating across the People's Republic of China, China Life Insurance Company Limited, supported by its various subsidiaries, serves as a prominent provider of life insurance services. The company structures its extensive operations into four principal divisions: Life Insurance, Health Insurance, Accident Insurance, and a category for Other Businesses. It offers a wide array of protective insurance products, which include critical illness coverage, annuity schemes, specialized policies targeting children, women, and pension planning, in addition to general security, life, medical, and accident safeguards. The firm's origins trace back to 1949, and its central office is situated in Beijing, PRC. Ultimately, China Life Insurance Company Limited is an integral part of the China Life Insurance (Group) Company Limited, operating as one of its subsidiaries.
- Industry
- Insurance - Life
- Sector
- Financial Services
- Headquarters
- CN
- CEO
- Li Mingguang
- Listed since
- Dec 18, 2003
- Employees
- 97,505
Market position
Day range
Current HK$28.66
52-week range
Current HK$28.66
- Open
- HK$28.12
- Previous close
- HK$28.06
- Volume
- 58.85M
- 1.1× average
- Average volume
- 53.47M
- Average daily volume
- Market cap
- 1.31T HKD
- Beta
- 0.88
- Market reference 1
- 50-day average
- HK$28.3008
- +1.27% above average
- 200-day average
- HK$29.0095
- -1.20% below average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 588.74B CNY
- P/E (TTM)
- 7.35×
- P/B (TTM)
- 1.78×
- P/S (TTM)
- 2.04×
- EV / EBITDA
- 3.16×
- Earnings yield
- 22.16%
- Free cash flow yield
- 65.71%
- Dividend yield
- 2.27%
Profitability & efficiency
- Gross margin
- 100.00%
- Operating margin
- 31.88%
- Net margin
- 27.82%
- Return on equity
- 25.89%
- Return on assets
- 2.03%
- Return on invested capital
- 13.42%
Financial health
- Debt / equity
- 0.46×
- Current ratio
- 0.02×
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (CNY) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 605.11B CNY | 512.2B CNY | 396.47B CNY | 822.31B CNY | 848.11B CNY |
| Cost of goods sold | 1.79B CNY | 1.8B CNY | 1.73B CNY | 756.19B CNY | 762.12B CNY |
| Gross profit | 603.33B CNY | 510.4B CNY | 394.74B CNY | 66.12B CNY | 85.99B CNY |
| Selling, general, and administrative | −19.53B CNY | −19B CNY | 25.65B CNY | 24.21B CNY | 17.02B CNY |
| Operating expenses | 421.7B CNY | 395.19B CNY | 342.76B CNY | 42.07B CNY | 35.65B CNY |
| Interest income | 124.13B CNY | 116.76B CNY | — | — | — |
| Interest expense | — | — | 126.81B CNY | 4.86B CNY | 5.6B CNY |
| Depreciation and amortization | 4.89B CNY | 5.03B CNY | 5.02B CNY | 4.93B CNY | 4.94B CNY |
| Operating income | 181.63B CNY | 115.21B CNY | 51.99B CNY | 24.05B CNY | 50.34B CNY |
| Net income | 154.08B CNY | 106.94B CNY | 51.18B CNY | 32.08B CNY | 50.77B CNY |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 80%
- 4 beats, 1 miss, 0 met estimates
- Average EPS surprise
- +69.53%
- 5 comparable reports
- Latest EPS result
- 0.79
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
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