China Life Insurance Co ROA 2024

China Life Insurance Co ROA

0

China Life Insurance Co Dividend yield

1.66 %

Ticker

601628.SS

ISIN

CNE000001Q93

WKN

A0M4XJ

In 2024, China Life Insurance Co's return on assets (ROA) was 0, a -41.31% increase from the 0.01 ROA in the previous year.

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.

ROA Details

Understanding China Life Insurance Co's Return on Assets (ROA)

China Life Insurance Co's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing China Life Insurance Co's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider China Life Insurance Co's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in China Life Insurance Co’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about China Life Insurance Co Stock

What is the Return on Assets (ROA) of China Life Insurance Co this year?

The Return on Assets (ROA) of China Life Insurance Co is 0 undefined this year.

What was the ROA of China Life Insurance Co compared to the previous year?

The ROA of China Life Insurance Co has increased by -41.31% compared to the previous year.

What consequences do high ROA have for investors of China Life Insurance Co?

A high ROA is advantageous for investors of China Life Insurance Co, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in China Life Insurance Co?

A low ROA can be unfavorable for investors of China Life Insurance Co as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of China Life Insurance Co affect the company?

An increase in ROA of China Life Insurance Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of China Life Insurance Co impact the company?

A reduction in the ROA of China Life Insurance Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of China Life Insurance Co?

Some factors that can influence the ROA of China Life Insurance Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of China Life Insurance Co important for investors?

The ROA of China Life Insurance Co is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can China Life Insurance Co take to improve ROA?

To improve ROA, China Life Insurance Co can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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

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