China Life Insurance Co. Ltd. Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Dec'24

Dec'23

Dec'22

Dec'21

Dec'20

Dec'19

Dec'18

Net Sales

0.00

Other Operating Income

43,190.92

40,824.48

97,071.72

1,01,564.45

89,308.68

81,257.59

77,451.68

Total Operating income

4,31,909.24

4,08,244.83

9,70,717.23

10,15,644.53

8,93,086.77

8,12,575.89

7,74,516.77

Raw Material Cost

0.00

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

28,599.66

24,946.43

29,254.53

30,881.12

26,189.92

27,462.32

27,076.62

Power Cost

0.00

Manufacturing Expenses

4,553.74

5,865.33

5,655.08

6,746.77

4,210.48

4,824.81

4,875.21

Selling and Distribution Expenses

2,46,469.02

1,61,098.76

1,10,067.58

1,28,488.74

1,37,165.88

1,37,964.75

1,18,671.62

Other Expenses

3,448.48

17,155.65

75,523.47

74,841.43

64,185.48

56,065.03

59,293.29

Total Expenditure (Excl Depreciation)

3,14,107.24

3,63,466.99

9,00,211.92

9,14,530.94

8,09,421.05

7,30,902.15

7,43,556.33

Operating Profit (PBDIT) excl Other Income

117802

44777.799999999996

70505.3

101113.6

83665.7

81673.7

30960.4

Other Income

0.00

-19,929.41

-18,760.31

-14,540.59

-12,189.60

-9,051.60

Operating Profit (PBDIT)

5,452.56

5,542.67

-13,776.62

-12,338.95

-8,740.09

-7,224.18

-5,927.01

Interest

4,553.74

5,865.33

5,655.08

6,746.77

4,210.48

4,824.81

4,875.21

Exceptional Items

-1,460.45

1,416.61

-21,176.01

-27,383.60

-13,067.43

-7,242.32

-9,718.44

Gross Profit (PBDT)

0.00

Depreciation

5,452.56

5,542.67

6,152.79

6,421.36

5,800.51

4,965.42

3,124.59

Profit Before Tax

1,11,787.82

40,329.11

23,744.81

48,222.90

51,847.21

57,416.99

7,315.19

Tax

6,801.34

-3,282.95

-11,008.97

-2,310.39

3,486.82

885.59

2,351.14

Provisions and contingencies

0.00

Profit After Tax

1,15,941.48

51,029.91

37,307.46

61,183.74

56,473.46

66,092.59

13,496.85

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,15,941.48

51,029.91

37,307.46

61,183.74

56,473.46

66,092.59

13,496.85

Share in Profit of Associates

0.00

Minority Interest

2,173.87

1,509.43

1,665.24

1,796.97

1,254.04

824.36

640.79

Other related items

0.00

Consolidated Net Profit

1,18,115.35

52,539.34

38,972.70

62,980.71

57,727.50

66,916.95

14,137.64

Equity Capital

0.00

Face Value

1.06

1.1

1.12

1.22

1.19

1.12

1.14

Reserves

5,42,402.29

5,25,281.94

4,89,704.28

5,86,018.86

5,33,604.50

4,51,648.55

3,63,056.64

Earnings per share (EPS)

4.1

1.81

1.32

2.17

2.0

2.34

0.48

Diluted Earnings per share

4.1

1.81

1.32

2.17

2.0

2.34

0.48

Operating Profit Margin (Excl OI)

27.27%

10.97%

7.26%

9.96%

9.37%

10.05%

4.0%

Gross Profit Margin

27.14%

11.24%

3.08%

5.38%

6.45%

7.68%

1.35%

PAT Margin

26.84%

12.5%

3.84%

6.02%

6.32%

8.13%

1.74%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2024 is 0.00% vs 0.00% in Dec 2023

Consolidate Net Profit

YoY Growth in year ended Dec 2024 is 124.81% vs 34.81% in Dec 2023

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2024 is -1.63% vs -9.92% in Dec 2023

Interest

YoY Growth in year ended Dec 2024 is -22.36% vs 3.72% in Dec 2023

Operating Profit Margin (Excl OI)

YoY Growth in year ended Dec 2024 has improved from Dec 2023

Compare Annual Results Of China Life Insurance Co. Ltd. With

Select Peers

Figures in Million

Consolidate Annual Results

Change(HKD)

Change(%)

Net Sales

0.00

Other Operating Income

4,31,909.24

1,134,019.93

-7,02,110.69

-61.91%

Total Operating income

4,31,909.24

11,34,019.93

-7,02,110.69

-61.91%

Raw Material Cost

0.00

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

28,599.66

94,339.43

-65,739.77

-69.68%

Power Cost

0.00

Manufacturing Expenses

4,553.74

31,545.53

-26,991.79

-85.56%

Selling and Distribution Expenses

2,46,469.02

3,57,792.94

-1,11,323.92

-31.11%

Other Expenses

3,448.48

41,375.33

-37,926.85

-91.67%

Total Expenditure (Excl Depreciation)

3,14,107.24

8,97,431.16

-5,83,323.92

-65.00%

Operating Profit (PBDIT) excl Other Income

1,17,802.00

236,588.77

-1,18,786.77

-50.21%

Other Income

0.00

18,308.92

-18,308.92

-100.00%

Operating Profit (PBDIT)

5,452.56

32,217.94

-26,765.38

-83.08%

Interest

4,553.74

31,545.53

-26,991.79

-85.56%

Exceptional Items

-1,460.45

-16,865.42

15,404.97

91.34%

Gross Profit (PBDT)

0.00

Depreciation

5,452.56

13,909.01

-8,456.45

-60.80%

Profit Before Tax

1,11,787.82

2,06,486.74

-94,698.92

-45.86%

Tax

6,801.34

29,595.56

-22,794.22

-77.02%

Provisions and contingencies

0.00

Profit After Tax

1,15,941.48

1,46,169.89

-30,228.41

-20.68%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,15,941.48

1,46,169.89

-30,228.41

-20.68%

Share in Profit of Associates

0.00

Minority Interest

2,173.87

25,511.24

-23,337.37

-91.48%

Other related items

0.00

Consolidated Net Profit

1,18,115.35

1,71,681.13

-53,565.78

-31.20%

Equity Capital

0.00

Face Value

1.06

1.11

0.00

Reserves

5,42,402.29

11,14,280.79

-5,71,878.50

-51.32%

Earnings per share (EPS)

4.10

8.07

-3.97

-49.19%

Diluted Earnings per share

4.10

8.07

-3.97

-49.19%

Operating Profit Margin (Excl OI)

27.27%

20.86%

0.00

6.41%

Gross Profit Margin

27.14%

19.43%

0.00

7.71%

PAT Margin

26.84%

12.89%

0.00

13.95%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

No Net Sales in the last few periods

Annual - Consolidate Net Profit

Consolidate Net Profit 11,811.53 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 124.81% vs 34.81% in Dec 2023

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 545.26 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -1.63% vs -9.92% in Dec 2023

Annual - Interest

Interest 455.37 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -22.36% vs 3.72% in Dec 2023

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 27.27%

in Dec 2024

Figures in %

YoY Growth in year ended Dec 2024 has improved from Dec 2023