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China Life Insurance Co Share Price

2628 HK$18.22 -0.5  -2.6%
7:15am
StockRank

Momentum
Relative Strength (%)
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3m
1yr
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10d v 3m
Price vs... (%)
52w High
50d MA
200d MA
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market
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industry
Growth & Value
Margin of Safety (beta)
Screens Passed
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 31st Dec 2013 2014 2015 2016 2017 2018 TTM 2019E 2020E CAGR / Avg
Revenue CNYm
Operating Profit CNYm
Net Profit CNYm
EPS Reported CNY
EPS Normalised CNY
EPS Growth %
PE Ratio x
PEG x
Profitability
Operating Margin %
ROA %
ROCE %
ROE %
Cashflow
Op. Cashflow ps CNY
Capex ps CNY
Free Cashflow ps CNY
Last ex-div: 6th Jun, paid: 6th Aug more... Dividends
Dividend ps CNY
Dividend Growth %
Dividend Yield %
Dividend Cover x
Balance Sheet
Cash etc CNYm
Working Capital CNYm
Net Fixed Assets CNYm
Net Debt CNYm
Book Value CNYm
Average Shares m
Book Value ps CNY +7.6%

FINANCIAL BRIEF: For the three months ended 31 March 2019, China Life Insurance Co Ltd revenues increased 18% to RMB312.03B. Net income increased 93% to RMB26.03B. Revenues reflect Fair Value Adjustment increase from -RMB735M to RMB13.95B, Investment Income - Net - Insurance increase of 37% to RMB36.77B, Share of profit of associates and joint increase of 53% to RMB2.17B. Net income benefited from Reinsurers Share Claim Paid increase of 87% to RMB847M (income). more »

Health Trend
Bankruptcy Risk
  Earnings Manipulation Risk
Magic Formula Score
B-
B-
Other Ratios
Leverage (ttm) Total -Intang +Pension
Gross Gearing %
Net Gearing %
Cash / Assets %
vs.
market
vs.
industry
Recent History
Latest interim period (ended 31st Mar '19) vs. prior year
Sales Growth %
EPS Growth %
3yr Compound Annual Growth Rate
Sales Growth %
EPS Growth %
DPS Growth %

Broker Forecasts
31st Dec 2019
31st Dec 2020

Price Target: CNY24.2
(+47.81% above Price)
Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: +57.5% (CNY) (CNY) (CNY) (CNY) (CNY) (CNY)
Consensus Estimate
1m Change
3m Change
27 brokers Broker Consensus Trend
Broker Recommendations for China Life Insurance Co
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 2 5 4 9 4

Named Brokers and Analysts
Bank of America Merrill Lynch Katherine Hu , Deutsche Bank Esther Chwei , Jefferies Baron Nie , HSBC James Garner , Credit Suisse - North America Charles Zhou , Morgan Stanley Jenny Jiang , Citi , BERNSTEIN Linda Sun-Mattison , Goldman Sachs Research Mancy Sun , UBS Equities Bob Leung , BNP Paribas Group Dominic Chan , CLSA Patricia Cheng , Nomura Securities Shengbo Tang , CGS-CIMB Research Michael Chang , South China Brokerage , DBS Vickers Ken Shih , BOCI Research Limited , Maybank Kim Eng Ning Ma , Macquarie Research Scott Russell , Daiwa Securities Capital Markets Leon Qi , JPMorgan MW Kim , Huatai Securities , CITIC Securities Ziqin Shao , Industrial Securities , GF Securities Co.Ltd , PingAn Securities Co.,LTD Qi Luo , Changjiang Securities Co.,LTD , China International Capital Corporation (Hong Kong) Limited Dan Tian , Haitong International Research Simone Zeng , China Merchants Securities(HK) Co., LTD Felix Luo , SWS Research Co., Ltd. , CSC Securities Chenkai Liao , Morningstar, Inc. Iris Tan , CCB International Sec Ltd Yi Sun , ICBC International Securities Limited Grace Zhou , Mizuho Securities Asia Limited Jaj Singh , CMB Int'l Securities Ltd Wenjie Ding , Huatai Financial Holdings (HK) Michelle Ma , BOCOM International Securities Limited Li Wan , Guotai Junan Research ,

Profile Summary

China Life Insurance Company Limited is a life insurance company. The Company provides a range of insurance products, including individual and group life insurance, health insurance and accident insurance products. It operates through three segments: Life Insurance, Health Insurance, and Accident Insurance. Its Life Insurance segment provides participating and non-participating life insurance and annuities to individuals and groups. Its Health Insurance segment provides short-term and long-term health insurance to individuals and groups. Its Accident Insurance segment provides short-term and long-term accident insurance to individuals and groups.

Directors: Dairen Lin (PRE) 60, Lijun Zhao (FID) 54, Qi Ruan (CIO) 52, Zhong Zhan (CMO) 50, Mingguang Li (VPR) 49, Haifeng Xu (VPR) 49, Hengping Xu (VPR) 59, Jianyou Xiao (VPR) 50, Huimin Liu (NED) 53, Changqing Yuan (NED) 56, Oi-sie Elsie Leung (IND) 79, Robinson Pike (IND) 66, Xin Tang (IND) 47,

No. of Employees: 102,817 No. of Shareholders: 161,946


Last Annual December 31st, 2018
Last Interim March 31st, 2019
Incorporated June 30, 2003
Public Since December 18, 2003
Shares in Issue 28,265,705,000
Free Float 8.79bn (31.1%)
Sector Financials
Industry Insurance
Index Hang Seng Composite , Hang Seng , Hang Seng Composite LargeCap & MidCap , Hang Seng Mainland 100 ,
Exchange Stock Exchange of Hong Kong Limited (Dual Listing)
Eligible for an ISA? a SIPP?

2628 Share Price Performance 2628 Share Price Quote
HK$18.22
-0.5  -2.6%
Traded 7:15am · Minimum 15 min delayed · NMS:

Latest 2628 News Announcements (delayed)

Upcoming 2628 Events
Monday 27th May, 2019
China Life Insurance Co Ltd at Nomura Investment Forum Asia
Thursday 30th May, 2019
China Life Insurance Co Ltd Annual Shareholders Meeting
Thursday 6th June, 2019
Dividend For LFC.BA
Thursday 6th June, 2019
Dividend For LFC.N
Thursday 6th June, 2019
Dividend For 2628.HK
Thursday 20th June, 2019
China Life Insurance Co Ltd at CICC Investor Forum
Monday 19th August, 2019 (estimate)
Half Year 2019 China Life Insurance Co Ltd Earnings Release
Wednesday 23rd October, 2019 (estimate)
Q3 2019 China Life Insurance Co Ltd Earnings Release

Recent ↓
Thursday 16th May, 2019
China Life Insurance Co Ltd at HSBC China Conference
Wednesday 15th May, 2019
China Life Insurance Co Ltd at CLSA China Forum
Wednesday 15th May, 2019
China Life Insurance Co Ltd at Macquarie Greater China Conference - Shenzhen
Thursday 9th May, 2019
China Life Insurance Co Ltd at Shenwan Hongyuan Securities Summer Forum
Wednesday 8th May, 2019
China Life Insurance Co Ltd at Everbright Securities Investors Forum
Wednesday 8th May, 2019
China Life Insurance Co Ltd at Hua Chuang Securities Strategy Forum
Tuesday 7th May, 2019
China Life Insurance Co Ltd at BOCI China Investors Forum
Monday 6th May, 2019
China Life Insurance Co Ltd at JPMorgan Asia Insurance 1x1 Forum
Friday 26th April, 2019
Q1 2019 China Life Insurance Co Ltd Earnings Call
Friday 26th April, 2019
Q1 2019 China Life Insurance Co Ltd Earnings Call (Chinese)
Thursday 25th April, 2019
Q1 2019 China Life Insurance Co Ltd Earnings Release
Thursday 18th April, 2019
Q1 2019 China Life Insurance Co Ltd Profit Warning
Thursday 28th March, 2019
Full Year 2018 China Life Insurance Co Ltd Earnings Press Conference
Thursday 28th March, 2019
Full Year 2018 China Life Insurance Co Ltd Earnings Call (Chinese, English)
Wednesday 27th March, 2019
Full Year 2018 China Life Insurance Co Ltd Earnings Release
Friday 22nd February, 2019
China Life Insurance Co Ltd 2019 Open Day (Chinese)
Tuesday 29th January, 2019
Q4 2018 China Life Insurance Co Ltd Estimated Profit Update
Tuesday 15th January, 2019
China Life Insurance Co Ltd at BNP Asia Pacific Financials & Property Day
Monday 14th January, 2019
China Life Insurance Co Ltd at Deutsche Bank dbAccess China Conference
Wednesday 9th January, 2019
China Life Insurance Co Ltd at UBS Greater China Conference


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