China Life Insurance Company Limited (HKG:2628)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
23.16
-0.68 (-2.85%)
Nov 13, 2026, 4:08 PM HKT

HKG:2628 Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
253,081351,878314,441219,375236,606794,694
Revenue Growth
-31.90%11.91%43.34%-7.28%-70.23%2.03%
Operating Income
80,897189,735121,43052,73091,73950,025
Net Income
75,704154,078106,93551,18466,68050,766
Earnings Per Share
2.675.453.781.812.361.80
EPS Growth
-55.55%44.18%108.84%-23.30%31.40%1.47%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Life
684,546505,546416,384695,053681,622663,209
Health
--75,188119,459122,358126,908
Accident
--14,44214,42415,03117,051
Other Businesses
18,94916,35022,61312,65510,24320,899

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
121,512133,75080,619103,718128,95655,819
Total Debt
229,112368,653200,834265,677198,298295,844
Net Cash (Debt)
-107,600-234,903-120,215-161,959-69,342-240,025
Net Cash Growth
------
Net Cash Per Share
-3.80-8.31-4.25-5.73-2.45-8.49

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
455,205459,925378,795384,366345,284286,446
Capital Expenditures
-5,854-3,056-3,979-4,171-3,076-5,583
Free Cash Flow
449,351456,869374,816380,195342,208280,863
Free Cash Flow Growth
5.40%21.89%-1.42%11.10%21.84%-5.29%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
31.96%53.92%38.62%24.04%38.77%6.30%
Pretax Margin
28.19%51.62%36.64%23.70%29.61%6.33%
Profit Margin
29.91%43.79%34.01%23.33%28.18%6.39%
FCF Margin
177.55%129.84%119.20%173.31%144.63%35.34%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.1270.8560.6500.4300.4900.650
Dividend Per Share Growth
49.61%31.69%51.16%-12.25%-24.62%1.56%
Dividend Yield
4.87%2.14%1.88%1.85%1.61%2.61%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
7.417.349.1212.8712.9213.89
Forward PE
4.646.805.585.377.064.85
P/FCF Ratio
1.962.482.601.732.522.51
PS Ratio
3.473.213.103.003.640.89