CHINA LIFE INSURANCE CO LTD

EDGAR

926 filing records in this dataset, filed from 2005-05-20 to 2023-11-13. Reported financial figures are available; chart coverage varies by period.

Watchlist

Latest fiscal year

Revenue

804 billion CNY

2022 · CNY

Exact inputs and evidence
  • Revenue: 804388000000 CNY Source

Net margin

3.99%

2022 · %

Exact inputs and evidence
  • Net Income: 32082000000 CNY Source
  • Revenue: 804388000000 CNY Source

Operating cash flow

352 billion CNY

2022 · CNY

Exact inputs and evidence
  • Operating Cash Flow: 351968000000 CNY Source

Free cash flow

349 billion CNY

2022 · CNY

Exact inputs and evidence
  • Operating Cash Flow: 351968000000 CNY Source
  • Capital Expenditure: 3076000000 CNY Source
Cash and cash equivalents
128 billion CNY Source
Exact value

127594000000 CNY

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2023-11-13.

Financial data available through: 2022-12-31.

Coverage by financial measure
  • Revenue: 8 of 11 periods available· newest 2022-12-31
  • operating income: No compatible figures in this window
  • Net income: 8 of 11 periods available· newest 2022-12-31
  • Operating cash flow: 8 of 11 periods available· newest 2022-12-31
  • Capital expenditure: 8 of 11 periods available· newest 2022-12-31
  • Total assets: 7 of 11 periods available· newest 2022-12-31
  • Total liabilities: 7 of 11 periods available· newest 2022-12-31
  • current assets: No compatible figures in this window
  • current liabilities: No compatible figures in this window
  • Cash and cash equivalents: 8 of 11 periods available· newest 2022-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -2.5%

    Prior period

    CNY 824.93 billion

    –

    Current period

    CNY 804.39 billion

    –

    Exact inputs and evidence

    804388000000 − 824933000000 = -20545000000 CNY

    824933000000 CNY · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    804388000000 CNY · 2022-01-01 – 2022-12-31

    Inspect current input Current source
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  • Net income

    -36.8%

    Prior period

    CNY 50.77 billion

    –

    Current period

    CNY 32.08 billion

    –

    Exact inputs and evidence

    32082000000 − 50766000000 = -18684000000 CNY

    50766000000 CNY · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    32082000000 CNY · 2022-01-01 – 2022-12-31

    Inspect current input Current source
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  • Operating cash flow

    +22.9%

    Prior period

    CNY 286.45 billion

    –

    Current period

    CNY 351.97 billion

    –

    Exact inputs and evidence

    351968000000 − 286446000000 = 65522000000 CNY

    286446000000 CNY · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    351968000000 CNY · 2022-01-01 – 2022-12-31

    Inspect current input Current source
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  • Capital expenditure

    -44.9%

    Prior period

    CNY 5.58 billion

    –

    Current period

    CNY 3.08 billion

    –

    Exact inputs and evidence

    3076000000 − 5583000000 = -2507000000 CNY

    5583000000 CNY · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    3076000000 CNY · 2022-01-01 – 2022-12-31

    Inspect current input Current source
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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2022 2022-01-01 – 2022-12-31

  • Revenue CNY 804.39 billion 100% of revenue
  • Operating costs Derived Unavailable An input is unavailable.
  • Operating income Unavailable An input is unavailable.
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income CNY 32.08 billion 4% of revenue

Cash

  • Operating cash flow CNY 351.97 billion 44% of revenue
  • Capital expenditure CNY 3.08 billion 0.4% of revenue
  • Free cash flow Derived CNY 348.89 billion 43% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2015 Not shown: operating income or net income is not reported.
  • 2016 Not shown: operating income or net income is not reported.
  • 2017 Not shown: operating income or net income is not reported.
  • 2018 Not shown: operating income or net income is not reported.
  • 2019 Not shown: operating income or net income is not reported.
  • 2020 Not shown: operating income or net income is not reported.
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2015 2015-01-01 – 2015-12-31507449000000 UnavailableUnavailableUnavailable34699000000 -27195000000 Derived
Source
2016 2016-01-01 – 2016-12-31540781000000 UnavailableUnavailableUnavailable19127000000 83788000000 Derived
Source
2017 2017-01-01 – 2017-12-31643355000000 UnavailableUnavailableUnavailable32253000000 191371000000 Derived
Source
2018 2018-01-01 – 2018-12-31627419000000 UnavailableUnavailableUnavailable11395000000 128006000000 Derived
Source
2019 2019-01-01 – 2019-12-31729499000000 UnavailableUnavailableUnavailable58281000000 274611000000 Derived
Source
2020 2020-01-01 – 2020-12-31805049000000 UnavailableUnavailableUnavailable50221000000 296328000000 Derived
Source
2021 2021-01-01 – 2021-12-31824933000000 UnavailableUnavailableUnavailable50766000000 280863000000 Derived
Source
2022 2022-01-01 – 2022-12-31804388000000 UnavailableUnavailableUnavailable32082000000 348892000000 Derived
Source

Amounts are exact, in CNY.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

CNY 804.4B 2022
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.890.9B668.2B445.5B222.7B0.0201520192022
Values and sources
Revenue values and source evidence
PeriodSeriesValue(CNY)Source evidence
2015Revenue507449000000
2016Revenue540781000000
2017Revenue643355000000
2018Revenue627419000000
2019Revenue729499000000
2020Revenue805049000000
2021Revenue824933000000
2022Revenue804388000000

Revenue growth

Change in revenue from the same financial period one year earlier.

-2.5% 2022
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.20.7%14.5%8.2%2.0%-4.2%201520192022
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2015Year over yearNo prior comparable period
2016Year over year6.6%
2017Year over year19%
2018Year over year-2.5%
2019Year over year16.3%
2020Year over year10.4%
2021Year over year2.5%
2022Year over year-2.5%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Net margin 4% 2022
Free cash flow margin 43.4% 2022
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.47%33%19%5%-9%2015-12-312019-12-312022-12-31
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2015-12-31Operating marginNot reported
2016-12-31Operating marginNot reported
2017-12-31Operating marginNot reported
2018-12-31Operating marginNot reported
2019-12-31Operating marginNot reported
2020-12-31Operating marginNot reported
2021-12-31Operating marginNot reported
2022-12-31Operating marginNot reported
2015Net margin6.8%
2016Net margin3.5%
2017Net margin5%
2018Net margin1.8%
2019Net margin8%
2020Net margin6.2%
2021Net margin6.2%
2022Net margin4%
2015Free cash flow margin-5.4%
2016Free cash flow margin15.5%
2017Free cash flow margin29.7%
2018Free cash flow margin20.4%
2019Free cash flow margin37.6%
2020Free cash flow margin36.8%
2021Free cash flow margin34%
2022Free cash flow margin43.4%

Operating cash flow

Cash generated by the company’s normal business operations.

CNY 352B 2022
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.381.6B274.1B166.6B59.1B-48.5B201520192022
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(CNY)Source evidence
2015Operating cash flow-18811000000
2016Operating cash flow89098000000
2017Operating cash flow200990000000
2018Operating cash flow147552000000
2019Operating cash flow286028000000
2020Operating cash flow303990000000
2021Operating cash flow286446000000
2022Operating cash flow351968000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

CNY 348.9B 2022
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.379.0B269.9B160.8B51.8B-57.3B201520192022
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(CNY)Source evidence
2015Free cash flow-27195000000
2016Free cash flow83788000000
2017Free cash flow191371000000
2018Free cash flow128006000000
2019Free cash flow274611000000
2020Free cash flow296328000000
2021Free cash flow280863000000
2022Free cash flow348892000000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

91.5% 2022
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.99%74%49%25%0%2015-12-3120192022
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2015-12-31Liabilities / assetsNot reportedNo source recorded
2016Liabilities / assets88.6%
2017Liabilities / assets88.8%
2018Liabilities / assets90.1%
2019Liabilities / assets89%
2020Liabilities / assets89.2%
2021Liabilities / assets90%
2022Liabilities / assets91.5%

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2015-12-31Current assets / current liabilitiesNot reportedNo source recorded
2016-12-31Current assets / current liabilitiesNot reportedNo source recorded
2017-12-31Current assets / current liabilitiesNot reportedNo source recorded
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2020-12-31Current assets / current liabilitiesNot reportedNo source recorded
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2015 2015-01-01 – 2015-12-31
CNY 34.7 billion
Exact value

Exact value: 34699000000 CNY

2015-01-01 – 2015-12-31: 34699000000 CNY Inspect Net Income Open source
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−CNY 18.81 billion
Exact value

Exact value: -18811000000 CNY

2015-01-01 – 2015-12-31: -18811000000 CNY Inspect Operating Cash Flow Open source
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CNY 8.38 billion
Exact value

Exact value: 8384000000 CNY

2015-01-01 – 2015-12-31: 8384000000 CNY Inspect Capital Expenditure Open source
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−CNY 27.2 billion
Calculation and evidence

-18811000000 − 8384000000 CNY

Exact free cash flow: -27195000000 CNY

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2016 2016-01-01 – 2016-12-31
CNY 19.13 billion
Exact value

Exact value: 19127000000 CNY

2016-01-01 – 2016-12-31: 19127000000 CNY Inspect Net Income Open source
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CNY 89.1 billion
Exact value

Exact value: 89098000000 CNY

2016-01-01 – 2016-12-31: 89098000000 CNY Inspect Operating Cash Flow Open source
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CNY 5.31 billion
Exact value

Exact value: 5310000000 CNY

2016-01-01 – 2016-12-31: 5310000000 CNY Inspect Capital Expenditure Open source
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CNY 83.79 billion
Calculation and evidence

89098000000 − 5310000000 CNY

Exact free cash flow: 83788000000 CNY

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2017 2017-01-01 – 2017-12-31
CNY 32.25 billion
Exact value

Exact value: 32253000000 CNY

2017-01-01 – 2017-12-31: 32253000000 CNY Inspect Net Income Open source
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CNY 200.99 billion
Exact value

Exact value: 200990000000 CNY

2017-01-01 – 2017-12-31: 200990000000 CNY Inspect Operating Cash Flow Open source
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CNY 9.62 billion
Exact value

Exact value: 9619000000 CNY

2017-01-01 – 2017-12-31: 9619000000 CNY Inspect Capital Expenditure Open source
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CNY 191.37 billion
Calculation and evidence

200990000000 − 9619000000 CNY

Exact free cash flow: 191371000000 CNY

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2018 2018-01-01 – 2018-12-31
CNY 11.4 billion
Exact value

Exact value: 11395000000 CNY

2018-01-01 – 2018-12-31: 11395000000 CNY Inspect Net Income Open source
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CNY 147.55 billion
Exact value

Exact value: 147552000000 CNY

2018-01-01 – 2018-12-31: 147552000000 CNY Inspect Operating Cash Flow Open source
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CNY 19.55 billion
Exact value

Exact value: 19546000000 CNY

2018-01-01 – 2018-12-31: 19546000000 CNY Inspect Capital Expenditure Open source
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CNY 128.01 billion
Calculation and evidence

147552000000 − 19546000000 CNY

Exact free cash flow: 128006000000 CNY

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2019 2019-01-01 – 2019-12-31
CNY 58.28 billion
Exact value

Exact value: 58281000000 CNY

2019-01-01 – 2019-12-31: 58281000000 CNY Inspect Net Income Open source
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CNY 286.03 billion
Exact value

Exact value: 286028000000 CNY

2019-01-01 – 2019-12-31: 286028000000 CNY Inspect Operating Cash Flow Open source
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CNY 11.42 billion
Exact value

Exact value: 11417000000 CNY

2019-01-01 – 2019-12-31: 11417000000 CNY Inspect Capital Expenditure Open source
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CNY 274.61 billion
Calculation and evidence

286028000000 − 11417000000 CNY

Exact free cash flow: 274611000000 CNY

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2020 2020-01-01 – 2020-12-31
CNY 50.22 billion
Exact value

Exact value: 50221000000 CNY

2020-01-01 – 2020-12-31: 50221000000 CNY Inspect Net Income Open source
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CNY 303.99 billion
Exact value

Exact value: 303990000000 CNY

2020-01-01 – 2020-12-31: 303990000000 CNY Inspect Operating Cash Flow Open source
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CNY 7.66 billion
Exact value

Exact value: 7662000000 CNY

2020-01-01 – 2020-12-31: 7662000000 CNY Inspect Capital Expenditure Open source
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CNY 296.33 billion
Calculation and evidence

303990000000 − 7662000000 CNY

Exact free cash flow: 296328000000 CNY

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2021 2021-01-01 – 2021-12-31
CNY 50.77 billion
Exact value

Exact value: 50766000000 CNY

2021-01-01 – 2021-12-31: 50766000000 CNY Inspect Net Income Open source
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CNY 286.45 billion
Exact value

Exact value: 286446000000 CNY

2021-01-01 – 2021-12-31: 286446000000 CNY Inspect Operating Cash Flow Open source
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CNY 5.58 billion
Exact value

Exact value: 5583000000 CNY

2021-01-01 – 2021-12-31: 5583000000 CNY Inspect Capital Expenditure Open source
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CNY 280.86 billion
Calculation and evidence

286446000000 − 5583000000 CNY

Exact free cash flow: 280863000000 CNY

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2022 2022-01-01 – 2022-12-31
CNY 32.08 billion
Exact value

Exact value: 32082000000 CNY

2022-01-01 – 2022-12-31: 32082000000 CNY Inspect Net Income Open source
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CNY 351.97 billion
Exact value

Exact value: 351968000000 CNY

2022-01-01 – 2022-12-31: 351968000000 CNY Inspect Operating Cash Flow Open source
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CNY 3.08 billion
Exact value

Exact value: 3076000000 CNY

2022-01-01 – 2022-12-31: 3076000000 CNY Inspect Capital Expenditure Open source
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CNY 348.89 billion
Calculation and evidence

351968000000 − 3076000000 CNY

Exact free cash flow: 348892000000 CNY

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

926 filings · 433 latest values · 433 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001268896, 1268896, CILFY, CILJF, LFC, edgar:1268896

Also known as CHINA LIFE INSURANCE CO LTD, China Life Insurance Company Limited