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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