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China Life Insurance Company Limited 2628.HK

HK · Hong Kong Stock Exchange · XHKG · stock · Financial Services · website

China Life Insurance Company Limited statistics & valuation

Market capCN¥753.5B
P / E4.9×
P / S1.2×
P / B1.3×
P / FCF1.6×
Net margin25.5%
FCF margin75.5%
Net cashCN¥106.5B
Enterprise value USD$9.6B

Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
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Gross margin (%)
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Operating margin (%)
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Return on equity (%)
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Shares outstanding
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Net debt (CN¥)
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Share buybacks (CN¥)
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Return on assets (%)
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Free cash flow margin (%)
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Debt / equity (×)
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EPS (CN¥)
2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

China Life Insurance Company Limited trades at about 4.9× earnings — below its 10-year norm (10-year range 3.8×–12.6×, median 6.4×).

3.8× 12.6×

Shaded band = 10-year range (3.8×–12.6×); dot = today's 4.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Net margin25.5%35.3%12.9%3.9%
FCF margin75.5%123.7%95.9%42.4%
Return on assets2.0%1.6%0.9%0.6%
Return on equity25.9%21.0%15.6%7.4%
Debt / equity0.06×0.09×0.15×0.11×

Computed from company filings · HK · as of 2025-12-31. Figures in CNY. Facts plus Stocktoria's own computed scores — not investment advice.