China Life Insurance Company Limited (HKG:2628)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
29.26
+0.78 (2.74%)
Aug 5, 2026, 4:08 PM HKT

HKG:2628 Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
342,087351,878314,441219,375236,606794,694
Revenue Growth
11.48%11.91%43.34%-7.28%-70.23%2.03%
Operating Income
176,530189,735121,43052,73091,73950,025
Net Income
144,781154,078106,93551,18466,68050,766
Earnings Per Share
5.125.453.781.812.361.80
EPS Growth
25.79%44.18%108.84%-23.30%31.40%1.47%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Life
505,546505,546416,384695,053681,622663,209
Health
--75,188119,459122,358126,908
Accident
--14,44214,42415,03117,051
Other Businesses
16,35016,35022,61312,65510,24320,899

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
137,688133,75080,619103,718128,95655,819
Total Debt
275,873368,653200,834265,677198,298295,844
Net Cash (Debt)
-138,185-234,903-120,215-161,959-69,342-240,025
Net Cash Growth
------
Net Cash Per Share
-4.89-8.31-4.25-5.73-2.45-8.49

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
442,826459,925378,795384,366345,284286,446
Capital Expenditures
-1,678-3,056-3,979-4,171-3,076-5,583
Free Cash Flow
441,148456,869374,816380,195342,208280,863
Free Cash Flow Growth
15.11%21.89%-1.42%11.10%21.84%-5.29%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
51.60%53.92%38.62%24.04%38.77%6.30%
Pretax Margin
49.26%51.62%36.64%23.70%29.61%6.33%
Profit Margin
42.32%43.79%34.01%23.33%28.18%6.39%
FCF Margin
128.96%129.84%119.20%173.31%144.63%35.34%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.9950.8560.6500.4300.4900.650
Dividend Per Share Growth
36.56%31.69%51.16%-12.25%-24.62%1.56%
Dividend Yield
3.49%3.57%5.03%5.28%4.86%7.69%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
5.037.349.1212.8712.9213.89
Forward PE
5.416.805.585.377.064.85
P/FCF Ratio
2.272.482.601.732.522.51
PS Ratio
2.933.213.103.003.640.89