LFC
Income statement / Annual
Last year (2023), China Life Insurance Company Limited's total revenue was $734.85 B,
a decrease of 8.60% from the previous year.
In 2023, China Life Insurance Company Limited's net income was $21.11 B.
See China Life Insurance Company Limited’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$734.85 B
|
$803.98 B
|
$824.53 B
|
$804.96 B
|
$729.47 B
|
$627.42 B
|
$643.36 B
|
$540.78 B
|
$507.45 B
|
$440.77 B
|
| Cost of Revenue |
-$94.41 B |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$829.26 B |
$803.98 B |
$824.53 B |
$804.96 B |
$729.47 B |
$627.42 B |
$643.36 B |
$540.78 B |
$507.45 B |
$440.77 B |
| Gross Profit Ratio |
1.13 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$41.08 B
|
$39.87 B
|
$40.81 B
|
$37.69 B
|
$40.28 B
|
$37.49 B
|
$35.95 B
|
$31.85 B
|
$27.46 B
|
$25.43 B
|
| Selling & Marketing
Expenses |
-$949.00 M
|
$2.89 B
|
$2.92 B
|
$2.67 B
|
$3.23 B
|
$3.08 B
|
$3.23 B
|
$2.83 B
|
$2.51 B
|
$2.47 B
|
| Selling, General &
Administrative Expenses |
$40.13 B
|
$39.87 B
|
$40.81 B
|
$37.69 B
|
$40.28 B
|
$37.49 B
|
$35.95 B
|
$31.85 B
|
$27.46 B
|
$25.43 B
|
| Other Expenses |
$682.48 B |
-$816.37 B |
-$826.34 B |
-$798.59 B |
-$718.88 B |
-$647.41 B |
-$637.64 B |
-$548.79 B |
-$488.98 B |
-$425.80 B |
| Operating Expenses |
$722.61 B |
-$776.50 B |
-$785.53 B |
-$760.91 B |
-$678.60 B |
-$609.92 B |
-$601.68 B |
-$516.94 B |
-$461.52 B |
-$400.36 B |
| Cost And Expenses |
$722.61 B |
$779.93 B |
$774.03 B |
$750.47 B |
$669.68 B |
$613.50 B |
$601.68 B |
$516.94 B |
$461.52 B |
$400.36 B |
| Interest Income |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$0.00 |
$4.86 B |
$5.60 B |
$3.75 B |
$4.26 B |
$4.12 B |
$4.60 B |
$4.77 B |
$4.32 B |
$4.73 B |
| Depreciation &
Amortization |
$4.76 B
|
$5.29 B
|
$4.88 B
|
$4.75 B
|
$4.38 B
|
$2.45 B
|
$2.18 B
|
$2.04 B
|
$2.04 B
|
$2.12 B
|
| EBITDA |
$0.00
|
$55.66 B
|
$75.26 B
|
$50.89 B
|
$55.25 B
|
$24.19 B
|
$48.96 B
|
$29.93 B
|
$51.42 B
|
$46.63 B
|
| EBITDA Ratio |
0 |
0.04 |
0.05 |
0.06 |
0.08 |
0.03 |
0.07 |
0.06 |
0.1 |
0.11 |
| Operating Income Ratio
|
0.02
|
0.03
|
0.05
|
0.05
|
0.07
|
0.03
|
0.06
|
0.04
|
0.09
|
0.09
|
| Total Other
Income/Expenses Net |
-$363.00 M
|
-$336.00 M
|
-$41.24 B
|
-$8.76 B
|
-$195.00 M
|
-$16.49 B
|
-$211.00 M
|
-$245.00 M
|
-$82.00 M
|
$149.00 M
|
| Income Before Tax |
$11.88 B |
$24.05 B |
$50.50 B |
$54.49 B |
$59.80 B |
$13.92 B |
$41.67 B |
$23.84 B |
$45.93 B |
$40.40 B |
| Income Before Tax Ratio
|
0.02
|
0.03
|
0.06
|
0.07
|
0.08
|
0.02
|
0.06
|
0.04
|
0.09
|
0.09
|
| Income Tax Expense |
-$10.76 B |
-$9.47 B |
-$1.92 B |
$3.10 B |
$781.00 M |
$1.99 B |
$8.92 B |
$4.26 B |
$10.74 B |
$7.89 B |
| Net Income |
$21.11 B |
$32.08 B |
$50.77 B |
$50.26 B |
$58.29 B |
$11.40 B |
$32.25 B |
$19.13 B |
$34.70 B |
$32.21 B |
| Net Income Ratio |
0.03 |
0.04 |
0.06 |
0.06 |
0.08 |
0.02 |
0.05 |
0.04 |
0.07 |
0.07 |
| EPS |
0.75 |
1.14 |
1.8 |
1.78 |
2.05 |
0.4 |
1.13 |
0.66 |
1.22 |
1.14 |
| EPS Diluted |
0.75 |
1.14 |
1.8 |
1.78 |
2.05 |
0.4 |
1.13 |
0.66 |
1.22 |
1.14 |
| Weighted Average Shares
Out |
$28.15 B
|
$28.27 B
|
$28.27 B
|
$28.27 B
|
$28.26 B
|
$28.26 B
|
$28.26 B
|
$28.26 B
|
$28.26 B
|
$28.26 B
|
| Weighted Average Shares
Out Diluted |
$28.27 B
|
$28.27 B
|
$28.27 B
|
$28.27 B
|
$28.26 B
|
$28.26 B
|
$28.26 B
|
$28.26 B
|
$28.26 B
|
$28.26 B
|
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