China Life Insurance Co Ltd Class H 02628
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if 02628 is a good fit for your portfolio.
News
Trading Information
- Previous Close Price
- HKD 10.54
- Day Range
- HKD 10.36–10.60
- 52-Week Range
- HKD 8.19–15.84
- Bid/Ask
- HKD 10.40 / HKD 10.42
- Market Cap
- HKD 294.52 Bil
- Volume/Avg
- 39.0 Mil / 36.8 Mil
Key Statistics
- Price/Earnings (Normalized)
- 12.23
- Price/Sales
- 0.46
- Dividend Yield (Trailing)
- 5.12%
- Dividend Yield (Forward)
- 4.48%
- Total Yield
- 5.12%
Company Profile
With headquarters in Beijing and commanding about 20% market share, China Life Insurance is the largest life insurance company in China. The firm offers group and individual life insurance through exclusive agents, bancassurance, and other marketing platforms. While the bulk of profits stem from life insurance policies, additional operations include short-term policies such as accident and health insurance. The company is focusing on building a senior-care ecosystem and reforming a new agent team for long-term growth.
- Sector
- Financial Services
- Industry
- Insurance - Life
- Stock Style Box
- Large Core
- Total Number of Employees
- 100,000
- Website
- https://www.e-chinalife.com
Competitors
Valuation
|
Metric
|
02628
|
601318
|
|---|---|---|
Price/Earnings (Normalized) | 12.23 | 8.84 |
Price/Book Value | 0.56 | 0.83 |
Price/Sales | 0.46 | 0.94 |
Price/Cash Flow | 0.67 | 3.32 |
Price/Earnings
02628
601318
Financial Strength
|
Metric
|
02628
|
601318
|
|---|---|---|
Quick Ratio | — | — |
Current Ratio | — | — |
Interest Coverage | — | 1.00 |
Quick Ratio
No chart available
Profitability
|
Metric
|
02628
|
601318
|
|---|---|---|
Return on Assets (Normalized) | 0.96% | 0.94% |
Return on Equity (Normalized) | 12.05% | 11.99% |
Return on Invested Capital (Normalized) | 5.38% | 7.89% |
Return on Assets
02628
601318
Insurance - Life Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
CILJF
| China Life Insurance Co Ltd Class H | — | Cxvvn | $98.1 Bil | |
PIAIF
| Ping An Insurance (Group) Co. of China Ltd Class H | Gczbtsly | Twjr | $95.7 Bil | |
PNGAY
| Ping An Insurance (Group) Co. of China Ltd ADR | — | Crsnq | $95.7 Bil | |
AAGIY
| AIA Group Ltd ADR | — | Lcsxd | $83.0 Bil | |
AAIGF
| AIA Group Ltd | — | Vnhp | $83.0 Bil | |
MET
| MetLife Inc | Bfxdgtn | Bgcfm | $50.7 Bil | |
AFL
| Aflac Inc | Nwdhkqqmp | Qzzgdc | $48.1 Bil | |
MFC
| Manulife Financial Corp | Rczpwnrf | Nmbx | $42.3 Bil | |
PRU
| Prudential Financial Inc | Cvhmfqw | Gsmh | $39.7 Bil | |
PUK
| Prudential PLC ADR | Xjcdmhdg | Wgj | $24.2 Bil |