Company Quick10K Filing
China Life Insurance
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 -0 $-0
20-F 2019-04-24 Annual: 2018-12-31
20-F 2018-04-25 Annual: 2017-12-31
20-F 2017-04-21 Annual: 2016-12-31
20-F 2016-04-22 Annual: 2015-12-31
20-F 2014-04-25 Annual: 2013-12-31
20-F 2013-04-26 Annual: 2012-12-31
20-F 2012-04-26 Annual: 2011-12-31
20-F 2011-04-26 Annual: 2010-12-31
20-F 2010-04-29 Annual: 2009-12-31

China Life Insurance Financials

LFC Metrics, Comps, Filings

Annual | Quarterly

Business

We were formed as a joint stock life insurance company pursuant to the PRC company law on June 30, 2003 under the corporate name of 中国人寿保险股份有限公司in connection with the restructuring.

Our principal executive offices are located at 16 Financial Street, Xicheng District, Beijing 100033, China. Our telephone number is (86-10) 6363-3333. Our official website address is www.e-chinalife.com. The information on our website is not a part of this annual report. We have appointed CT Corporation System at 111 Eighth Avenue, New York, New York 10011 as our agent for service of process in the United States.

Upon the approval of the State Council and the CIRC, we were formed on June 30, 2003 as a joint stock company in connection with the restructuring by CLIC, our controlling shareholder. The restructuring was effected through a plan of restructuring, which was approved by the CIRC on August 21, 2003, and a restructuring agreement we entered into with CLIC on September 30, 2003, with retroactive effect to June 30, 2003, which we refer to in this annual report as the effective date. Pursuant to PRC law and the restructuring agreement, we enjoyed the rights and benefits and assumed the obligations and liabilities arising from the restructuring from and after the effective date.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
American Equity Investment Life Holding (AEL) 2,525 0% 4.1 0% 66,371 62,874 2,450 0 212 320 1,309
Genworth Financial (GNW) 1,908 0% 4.6 0% 104,306 88,714 8,516 0 331 867 4,014
FGL (FG) 1,781 0% 4.2 0% 35,098 32,838 1,328 0 158 238 1,009
FBL Financial Group (FFG) 1,506 0% 12.5 1% 10,260 8,862 759 0 107 127 1,590
Primus Guaranty (PRS) 909 -0% -8.6 -20% 586 641 -110 0 -119 -115 994
Independence Holding (IHC) 570 0% 13.8 3% 1,071 601 367 0 31 40 552
GWG Holdings (GWGH) 214 0% -4.0 -9% 1,541 1,308 19 0 -146 -34 138
Atlantic American (AAME) 57 0% 12.4 0% 372 259 194 0 1 4 46
Federal Life Group (FLF) 45 0% -111.3 -0% 287 230 5 0 -0 -0 16
National Security Group (NSEC) 27 0% 20.4 0% 152 101 67 0 0 2 34
Globe Life (GL)
Prudential Financial (PJH)
Manulife Financial Corp (MFC)
Sun Life Financial (SLF)
Aegon NV (AEB)
China Life Insurance (LFC) 0% 3,254,403 2,931,113 0 0 0 0 -50,792
National Western Life Group (NWLI) 0% -0.9 1% 12,613 10,558 679 0 136 165 -141
Aegon (AEG) 0% 392,633 370,065 0 0 0 0 -3,725
Citizens (CIA) 0% -6.5 -1% 1,702 1,466 246 0 -25 5 -35
Athene Holding (ATH) 0% -2.6 1% 138,980 126,615 12,072 0 1,964 2,023 -5,239

Balance Sheet ($MM)2017-12-312018-12-31
Cash47,44450,792
Accounts Receivable
Inventory
PP&E
Assets2,897,5913,254,403
Accounts Payable
Long-Term Debt
Liabilities2,572,2812,931,113
Stockholders' Equity
Income Statement ($MM)2017-12-312018-12-31
Revenue643,355627,419
Cost of Revenue
Gross Profit
R&D
SG&A
Tax
Net Income32,75211,936
Cash Flow ($MM)2017-12-312018-12-31
Cash Operating
Cash Investing
Cash Financing