Your prediction
China Life Insurance Co. Stock
Pros and Cons of China Life Insurance Co. in the next few years
Pros
Cons
Performance of China Life Insurance Co. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| China Life Insurance Co. | 0.520% | 7.020% | 20.833% | -24.845% | 14.017% | -21.677% | -44.417% |
| Ping An Insurance Group Co of China Ltd | -2.460% | 6.144% | 19.629% | -32.584% | 11.774% | -47.007% | -53.530% |
| China Pacific Insurance | -2.750% | 0.952% | 30.061% | -26.389% | 19.101% | -28.859% | -38.039% |
| New China Life Insurance H | -1.590% | 4.494% | 19.231% | -32.117% | 9.412% | -41.139% | -56.101% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.The financials of China Life Insurance, with US symbol CILJF, showcases a rather consistent performance over the past three years, displaying an overall upward trend in terms of total assets, total revenues, and net income. This performance indicates that the company has seen growth and has managed to maintain profitability. However, before making any conclusive statements about the company's financial health, it is crucial to dive deeper into its financial statements and analyze any potential strengths or weaknesses in various aspects of its performance.
Increase in Total Assets: Over the past three years, China Life Insurance has seen substantial growth in its total assets. From 2020 to 2022, the company's total assets have increased from €4.25 trillion to CNY 5.25 trillion, suggesting a financially stable company that can handle market fluctuations and continue to grow.
Strong Revenue and Net Income Growth: The company's total revenue has grown significantly in the last three years, reaching CNY 803.98 billion in 2022. Additionally, net income has seen an improvement, increasing from €50.27 billion in 2020 to CNY 32.08 billion in 2022, indicative of a successful and profitable business model.