China Life Insurance Company Limited Share Price and Company Fundamentals



Price
$11.82
Change
-0.040 (-0.337%)
52 week
8.53 - 15.04

Last traded: Today at 8:08 AM

China Life Insurance Company Limited, together with its subsidiaries, operates as a life insurance company in the People's Republic of China. The company operates in four segments: Life Insurance Business, Health Insurance Business, Accident Insurance Business, and Other Businesses. It offers critical illness protection, annuity, children/women/pension, security, life, medical, and accident protection insurance products. The company was founded in 1949 and is based in Beijing, the People's Republic of China. China Life Insurance Company Limited is a subsidiary of China Life Insurance (Group) Company Limited.

Key Metrics

PE ratio

8.23

PB ratio

0.61

Dividend yield

5.48%

Beta

0.69

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Insurance—Life / Financial Services
Full time employees 103262
Website https://www.e-chinalife.com
Mailing address 16 Financial Street Xicheng District Beijing 100033 China
Phone / Fax 86 10 6363 3333 / 86 10 6657 5722

Dividends

Dividend yield

5.48%

Dividend amount

$0.65

Payout ratio

52.04%

5Y Avg. yield

3.53%

China Life Insurance Company Limited paid $0.65 dividend and the ex-dividend date was 06 July 2022.The dividend payout ratio is 52.04%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.2628 dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

2628's forward dividend amount is $0.76 and the forward dividend yield is 6.54%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on China Life Insurance Company Limited.

Name Title Age Total Pay
Ms. Hong Yang VP, Operating Director & GM of the Operation Service Center 54 206.55k
Ms. Di Zhang Assistant to the Pres & Chief Investment Officer 53
Mr. Ruan Qi VP 55 206.49k
Mr. Chongmiao Xu Compliance Officer, GM of the Legal & Compliance Department and Legal Officer 52 128.85k
Mr. Zhong Zhan VP, Marketing Director & GM of Individual Insurance Division 53 206.49k
Mr. Mingguang Li Chief Actuary, VP, Board Sec. & Exec. Director 52 209.33k
Mr. Guodong Zhao Assistant to the Pres 54 123.02k
Mr. Yuejin Liu Assistant to the Pres 54 60.98k
Dr. Tao Bai Ph.D. Exec. Chairman 58
Mr. Peng Zhao Exec. Director 48

Profitability and management effectiveness

Profit margin

4.35%

Operating margin

5.37%

Return on assets

0.52%

Return on equity

7.47%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of China Life Insurance Company Limited is and its enterprise value is .

The 2628's stocks Beta value is 0.69 making it 31% less volatile compared to HKEX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

China Life Insurance Company Limited (HKEX:2628) Frequently Asked Questions

1. What is China Life Insurance Company Limited's Stock Symbol?

China Life Insurance Company Limited trades on HKEX under the ticker symbol "2628".

2. What is China Life Insurance Company Limited's stock price today?

One share of 2628 stock can currently be purchased for approximately $11.82.

3. How can I contact China Life Insurance Company Limited?

China Life Insurance Company Limited's mailing address is 16 Financial Street Xicheng District Beijing 100033 China. The company can be reached via phone at 86 10 6363 3333.

4. What is China Life Insurance Company Limited's official website?

The official website of China Life Insurance Company Limited is https://www.e-chinalife.com.