China Life Insurance Company Limited (HKG:2628)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
23.54
+0.92 (4.07%)
Oct 23, 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 EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
456,934351,878314,441219,375236,606794,694
Revenue Growth
45.51%11.91%43.34%-7.28%-70.23%2.03%
Operating Income
311,380189,735121,43052,73091,73950,025
Net Income
247,636154,078106,93551,18466,68050,766
Earnings Per Share
8.765.453.781.812.361.80
EPS Growth
126.13%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 EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
140,713133,75080,619103,718128,95655,819
Total Debt
260,987368,653200,834265,677198,298295,844
Net Cash (Debt)
-120,274-234,903-120,215-161,959-69,342-240,025
Net Cash Growth
------
Net Cash Per Share
-4.26-8.31-4.25-5.73-2.45-8.49

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
442,362459,925378,795384,366345,284286,446
Capital Expenditures
-2,364-3,056-3,979-4,171-3,076-5,583
Free Cash Flow
439,998456,869374,816380,195342,208280,863
Free Cash Flow Growth
11.95%21.89%-1.42%11.10%21.84%-5.29%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
68.15%53.92%38.62%24.04%38.77%6.30%
Pretax Margin
66.16%51.62%36.64%23.70%29.61%6.33%
Profit Margin
54.20%43.79%34.01%23.33%28.18%6.39%
FCF Margin
96.29%129.84%119.20%173.31%144.63%35.34%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '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
4.79%2.14%1.88%1.85%1.61%2.61%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
2.337.349.1212.8712.9213.89
Forward PE
4.536.805.585.377.064.85
P/FCF Ratio
2.012.482.601.732.522.51
PS Ratio
1.933.213.103.003.640.89