China Life Insurance Co Net Income 2024

China Life Insurance Co Net Income

28.89 B CNY

China Life Insurance Co Dividend yield

1.66 %

Ticker

601628.SS

ISIN

CNE000001Q93

WKN

A0M4XJ

In 2024, China Life Insurance Co's profit amounted to 28.89 B CNY, a 36.83% increase from the 21.11 B CNY profit recorded in the previous year.

The China Life Insurance Co Net Income history

YEARNET INCOME (undefined CNY)
2027e44.49
2026e33.74
2025e32.78
2024e28.89
202321.11
202232.08
202150.77
202050.27
201958.29
201811.4
201732.25
201619.13
201534.7
201432.21
201324.77
201211.06
201118.33
201033.63
200932.88
200819.14
200728.12
200614.38
20055.46
20042.92

China Life Insurance Co Aktienanalyse

What does China Life Insurance Co do?

China Life Insurance Co Ltd is one of the largest life and pension insurance companies in China, with a history dating back to 1949. The company was originally established as People's Insurance Company of China and later renamed China Life Insurance Co Ltd. Since its founding, the company has become a major player in the life and pension insurance industry in China. Offering a wide range of insurance products and services, the company serves millions of customers throughout China. China Life Insurance Co Ltd offers various products to its customers, including life insurance, pension insurance, accident insurance, health insurance, and travel insurance. Each product offers a variety of options and plan variations to meet the individual needs and requirements of customers. The life insurance products of China Life Insurance Co Ltd provide financial security for family members in the event of the policyholder's death. In the event of the policyholder's death, the company pays a sum to the named beneficiaries to provide financial support. Pension insurance products provide customers with a regular source of income during retirement. Pension insurance can be paid as a lump sum or in regular installments. This product offers financial stability to finance the retirement lifestyle. Accident insurance provides financial support in the event of accidents, disabilities, or deaths resulting from accidents. These insurances help family members cover the costs resulting from the accident. Health insurance covers the medical expenses of the insured and provides support in covering medication, doctor's bills, and hospital stays. This provides financial stability and certainty for unexpected medical expenses. Travel insurance covers the costs incurred during a trip. Insured individuals are protected by travel insurance against unforeseen incidents such as illness, injury, and theft. China Life Insurance Co Ltd also offers investment products. These investment products include bonds, stocks, funds, and a variety of investment options. China Life Insurance Co Ltd offers its customers the opportunity to diversify their portfolio in various ways, thereby minimizing their risk. The various divisions of China Life Insurance Co Ltd include property and casualty insurance, travel insurance, and life insurance. Under life insurance, one can classify pension insurance, savings insurance, and health insurance. These divisions offer customers a wide range of insurance products and services to meet their needs and requirements. To lead and manage the company, China Life Insurance Co Ltd has an experienced management team with a wide range of business experiences. The team works together to understand the needs of customers and achieve both the financial and operational goals of the company. Overall, China Life Insurance Co Ltd is a company with a long history and a wide range of insurance products and services. The company has become a leading player in the insurance industry in China, serving millions of customers nationwide. The company focuses on providing financial stability and support to its customers to cover retirement lifestyles, economic difficulties, accidents, and medical expenses. China Life Insurance Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding China Life Insurance Co's Profit Margins

The profit margins of China Life Insurance Co represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of China Life Insurance Co's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating China Life Insurance Co's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

China Life Insurance Co's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When China Life Insurance Co’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about China Life Insurance Co Stock

How much profit has China Life Insurance Co made this year?

China Life Insurance Co has made 28.89 B CNY this year.

How has the profit developed compared to last year?

The profit has increased by 36.83% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does China Life Insurance Co publish its earnings?

China Life Insurance Co publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of China Life Insurance Co?

The profits of China Life Insurance Co are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of China Life Insurance Co?

You can learn more about the earnings of China Life Insurance Co by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does China Life Insurance Co pay?

Over the past 12 months, China Life Insurance Co paid a dividend of 0.49 CNY . This corresponds to a dividend yield of about 1.66 %. For the coming 12 months, China Life Insurance Co is expected to pay a dividend of 0.51 CNY.

What is the dividend yield of China Life Insurance Co?

The current dividend yield of China Life Insurance Co is 1.66 %.

When does China Life Insurance Co pay dividends?

China Life Insurance Co pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of China Life Insurance Co?

China Life Insurance Co paid dividends every year for the past 21 years.

What is the dividend of China Life Insurance Co?

For the upcoming 12 months, dividends amounting to 0.51 CNY are expected. This corresponds to a dividend yield of 1.72 %.

In which sector is China Life Insurance Co located?

China Life Insurance Co is assigned to the 'Finance' sector.

Wann musste ich die Aktien von China Life Insurance Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Life Insurance Co from 7/13/2023 amounting to 0.49 CNY, you needed to have the stock in your portfolio before the ex-date on 7/13/2023.

When did China Life Insurance Co pay the last dividend?

The last dividend was paid out on 7/13/2023.

What was the dividend of China Life Insurance Co in the year 2023?

In the year 2023, China Life Insurance Co distributed 0.65 CNY as dividends.

In which currency does China Life Insurance Co pay out the dividend?

The dividends of China Life Insurance Co are distributed in CNY.

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Andere Kennzahlen von China Life Insurance Co

Our stock analysis for China Life Insurance Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of China Life Insurance Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.