China Life Insurance Company Limited

OTCPK:LFCH.Y Stock Report

Market Cap: US$101.6b

China Life Insurance Balance Sheet Health

Financial Health criteria checks 4/6

China Life Insurance has a total shareholder equity of CN¥462.1B and total debt of CN¥142.4B, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are CN¥5,128.1B and CN¥4,666.0B respectively. China Life Insurance's EBIT is CN¥41.4B making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥361.4B.

Key information

30.8%

Debt to equity ratio

CN¥142.42b

Debt

Interest coverage ratio2.3x
CashCN¥361.41b
EquityCN¥462.11b
Total liabilitiesCN¥4.67t
Total assetsCN¥5.13t

Recent financial health updates

No updates

Recent updates

China Life Insurance reports 1H results

Aug 25

China Life Insurance President resigns, new President appointed

Aug 02

China Life Insurance: Fundamentals Remain Intact

Jul 15

China Life Insurance: Continues To Offer Good Value

Mar 29

China Life Insurance: One Year Cash Flow Greater Than Its Value

Dec 16

China Life Insurance Company Limited: Risky, But Upside Potentially Significant

Aug 06

China Life Insurance: The Former Champion's Anxiety

Jan 12

Financial Position Analysis

Short Term Liabilities: LFCH.Y's short term assets (CN¥481.4B) exceed its short term liabilities (CN¥326.9B).

Long Term Liabilities: LFCH.Y's short term assets (CN¥481.4B) do not cover its long term liabilities (CN¥4,339.0B).


Debt to Equity History and Analysis

Debt Level: LFCH.Y has more cash than its total debt.

Reducing Debt: LFCH.Y's debt to equity ratio has reduced from 31% to 30.8% over the past 5 years.

Debt Coverage: LFCH.Y's debt is well covered by operating cash flow (230.9%).

Interest Coverage: LFCH.Y's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


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