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NYSE:LFC

China Life Insurance (LFC) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
N/A
50-Day Range
$6.96
$8.70
52-Week Range
N/A
Volume
103,686 shs
Average Volume
800,149 shs
Market Capitalization
$39.85 billion
P/E Ratio
5.03
Dividend Yield
5.96%
Price Target
N/A
LFC stock logo

About China Life Insurance Stock (NYSE:LFC)

China Life Insurance Company Limited, together with its subsidiaries, operates as a life insurance company in the People's Republic of China. The company operates in four segments: Life Insurance Business, Health Insurance Business, Accident Insurance Business, and Other Businesses. It offers critical illness protection, annuity, children/women/pension, security, life, medical, and accident protection insurance products. The company was founded in 1949 and is based in Beijing, the People's Republic of China. China Life Insurance Company Limited is a subsidiary of China Life Insurance (Group) Company Limited.

LFC Stock News Headlines

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China Life Insurance Company Limited (2628.HK)
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China Life Insurance Co. Ltd.
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Company Calendar

Last Earnings
10/28/2021
Today
7/27/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Life Insurance
Sub-Industry
N/A
Employees
1,613,000
Year Founded
1931

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$127.86 billion
Book Value
$13.34 per share

Miscellaneous

Outstanding Shares
5,652,940,000
Free Float
N/A
Market Cap
$39.85 billion
Optionable
Optionable
Beta
0.64

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Key Executives

  • Ms. Xiumei Huang (Age 55)
    CFO, VP & Exec. Director
    Comp: $216.31k
  • Ms. Hong Yang (Age 55)
    VP, Operating Director & GM of the Operation Service Center
    Comp: $216.06k
  • Ms. Di Zhang (Age 54)
    Assistant to the Pres & Chief Investment Officer
  • Mr. Ruan Qi (Age 56)
    VP
    Comp: $216k
  • Mr. Chongmiao Xu (Age 53)
    Compliance Officer, GM of the Legal & Compliance Department and Legal Officer
    Comp: $134.79k
  • Mr. Zhong Zhan (Age 54)
    VP, Marketing Director & GM of Individual Insurance Division
    Comp: $216k
  • Mr. Guodong Zhao (Age 55)
    Assistant to the Pres
    Comp: $128.69k
  • Mr. Mingguang Li (Age 53)
    Chief Actuary, VP, Board Sec. & Exec. Director
    Comp: $218.97k
  • Mr. Yuejin Liu (Age 55)
    Assistant to the Pres
    Comp: $63.79k
  • Dr. Tao Bai Ph.D. (Age 59)
    Exec. Chairman

Should I Buy China Life Insurance Stock? LFC Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in China Life Insurance Company Limited:

  • China Life Insurance Company Limited has shown consistent growth in its life insurance business segment, indicating a stable revenue stream.
  • The company offers a diverse range of insurance products, including critical illness protection and annuity, catering to various customer needs and increasing market penetration.
  • Recent market analysis suggests that China Life Insurance Company Limited's stock price is currently undervalued, presenting a potential buying opportunity for investors.
  • With a strong presence in the Chinese market, the company is well-positioned to benefit from the growing demand for insurance products in the region.
  • China Life Insurance Company Limited's subsidiary status under China Life Insurance (Group) Company Limited provides a solid backing and support system for its operations and growth strategies.

Cons

Investors should be bearish about investing in China Life Insurance Company Limited for these reasons:

  • The regulatory environment in China's insurance industry can be unpredictable, leading to potential changes in policies that may impact the company's operations and profitability.
  • Intense competition within the insurance sector in China could put pressure on China Life Insurance Company Limited's market share and margins.
  • Economic fluctuations in China may affect consumer spending patterns, influencing the demand for insurance products and impacting the company's financial performance.
  • Investing in the insurance sector involves inherent risks related to claims payouts, investment returns, and regulatory compliance, which could affect the company's bottom line.
  • Global economic conditions and geopolitical factors may introduce volatility in financial markets, potentially affecting China Life Insurance Company Limited's investment portfolio and overall business stability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, July 23, 2024. Please send any questions or comments about these China Life Insurance pros and cons to contact@marketbeat.com.

LFC Stock Analysis - Frequently Asked Questions

How were China Life Insurance's earnings last quarter?

China Life Insurance Company Limited (NYSE:LFC) released its quarterly earnings data on Thursday, October, 28th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by $0.32. The financial services provider earned $34.40 billion during the quarter.

When did China Life Insurance's stock split?

China Life Insurance's stock split on the morning of Wednesday, May 27th 2015. The 3-1 split was announced on Monday, May 11th 2015. The newly issued shares were distributed to shareholders after the closing bell on Tuesday, May 26th 2015. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

What is Yang Mingsheng's approval rating as China Life Insurance's CEO?

12 employees have rated China Life Insurance Chief Executive Officer Yang Mingsheng on Glassdoor.com. Yang Mingsheng has an approval rating of 57% among the company's employees. This puts Yang Mingsheng in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of China Life Insurance own?

Based on aggregate information from My MarketBeat watchlists, some other companies that China Life Insurance investors own include Verizon Communications (VZ), Bank of America (BAC), Bristol-Myers Squibb (BMY), Cisco Systems (CSCO), AbbVie (ABBV), Alibaba Group (BABA) and JPMorgan Chase & Co. (JPM).

This page (NYSE:LFC) was last updated on 7/27/2024 by MarketBeat.com Staff

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