China Life Insurance Company Limited

SEHK:2628 Stock Report

Market Cap: HK$700.5b

China Life Insurance Past Earnings Performance

Past criteria checks 0/6

China Life Insurance's earnings have been declining at an average annual rate of -2.5%, while the Insurance industry saw earnings declining at 2.5% annually. Revenues have been growing at an average rate of 5.3% per year. China Life Insurance's return on equity is 4.1%, and it has net margins of 2.3%.

Key information

-2.5%

Earnings growth rate

-2.6%

EPS growth rate

Insurance Industry Growth-1.3%
Revenue growth rate5.3%
Return on equity4.1%
Net Margin2.3%
Last Earnings Update30 Sep 2023

Recent past performance updates

Recent updates

China Life Insurance Company Limited's (HKG:2628) 5.2% Dividend Yield Looks Pretty Interesting

Feb 21
China Life Insurance Company Limited's (HKG:2628) 5.2% Dividend Yield Looks Pretty Interesting

What Type Of Returns Would China Life Insurance's(HKG:2628) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Jan 16
What Type Of Returns Would China Life Insurance's(HKG:2628) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Is Weakness In China Life Insurance Company Limited (HKG:2628) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

Dec 20
Is Weakness In China Life Insurance Company Limited (HKG:2628) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

Are You An Income Investor? Don't Miss Out On China Life Insurance Company Limited (HKG:2628)

Nov 22
Are You An Income Investor? Don't Miss Out On China Life Insurance Company Limited (HKG:2628)

Revenue & Expenses Breakdown
Beta

How China Life Insurance makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:2628 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 23764,87417,26642,3850
30 Jun 23775,70722,88241,9000
31 Mar 23689,12824,98241,4440
31 Dec 22765,86832,08240,9790
30 Sep 22771,15533,30541,8150
30 Jun 22775,61035,15441,8480
31 Mar 22767,00437,51441,9770
31 Dec 21794,69450,76641,8920
30 Sep 21808,45151,46440,4030
30 Jun 21810,36160,69039,8500
31 Mar 21809,79761,55138,3960
31 Dec 20778,86350,05638,7000
30 Sep 20774,71147,26940,8420
30 Jun 20758,84650,62841,2380
31 Mar 20722,12048,94942,5500
31 Dec 19689,16657,89341,1660
30 Sep 19665,55948,84441,2730
30 Jun 19632,87132,18740,3820
31 Mar 19639,16523,52739,1390
31 Dec 18518,79411,01138,3010
30 Sep 18527,25824,91738,6010
30 Jun 18534,22136,05438,2110
31 Mar 18518,23439,24237,4090
31 Dec 17555,72731,87336,7380
30 Sep 17542,14832,03833,9410
30 Jun 17515,89520,58833,2700
31 Mar 17512,37019,63933,0190
31 Dec 16472,61118,74132,6280
30 Sep 16458,88814,20530,0550
30 Jun 16426,04913,42029,2820
31 Mar 16443,14727,49428,4710
31 Dec 15402,55234,51427,9560
30 Sep 15417,85338,49527,1700
30 Jun 15420,26045,29326,8710
31 Mar 15346,35737,25426,2460
31 Dec 14346,67132,21125,9010
30 Sep 14320,66728,62925,2460
30 Jun 14322,84026,97425,0990
31 Mar 14371,28621,91625,2390
31 Dec 13355,38424,76525,2000
30 Sep 13342,82727,32225,1640
30 Jun 13347,97817,62424,9300
31 Mar 13329,82015,51324,2960

Quality Earnings: 2628 has a large one-off loss of CN¥18.0B impacting its last 12 months of financial results to 30th September, 2023.

Growing Profit Margin: 2628's current net profit margins (2.3%) are lower than last year (4.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2628's earnings have declined by 2.5% per year over the past 5 years.

Accelerating Growth: 2628's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2628 had negative earnings growth (-48.2%) over the past year, making it difficult to compare to the Insurance industry average (-7%).


Return on Equity

High ROE: 2628's Return on Equity (4.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.