(LFC)

China Life Insurance Co. Ltd.

Close Price:
44.36

Change:
0.49 Stock Price Increase0.49

% Change:
0.0111693640300888990198313198 Stock Price Increase1.12 %

Date:
2/1/2012

52 Week:
32.77 - 58.99

Prev Close:
43.87

Open:
44.12

Volume:
283,253

90D Avg. Volume:
529,692

2/1/2012 Range:
44.01 - 44.55

Market Cap:
85,171,200,000

Trailing PE Ratio:
20.63

Shares Out:
1,920,000,000

EPS:
2.15

Yield:
0.00

Dividend:
0.00

Dividend Date:
8/30/2011

Quarter End:
3/31/2012

China Life Insurance Co. Ltd.

Sector: Financial

Industry: Life Insurance

Website: www.chinalife.com.cn

Business Summary: China Life Insurance Company Limited provides life, annuities, accident, and health insurance products in China. Its individual life insurance and annuity products consist of whole life and term life insurance, endowment insurance, and annuities. The company also engages in the writing of life insurance business. In addition, it offers group life insurance products, including group annuity products, and group whole life and term life insurance products to enterprises and institutions, as well as universal life products. Further, the company provides short-term insurance products comprising short-term accident insurance and short-term health insurance products; accident insurance products, such as individual accident insurance and group accident insurance; and health insurance products, including defined health benefit plans, medical expense reimbursement plans, and disease specific plans. It distributes its products through its direct sales representatives and exclusive agents, as well as through intermediaries comprising insurance agencies and insurance brokerage companies, non-dedicated agencies, bancassurance arrangements, travel agencies, and hotels and airline sales counters. The company was founded in 1949 and is based in Beijing, China. China Life Insurance Company Limited is a subsidiary of China Life Insurance (Group) Company.


16 Financial Street
Xicheng District
Beijing, 100033 China China
P: 86 10 6363 3333
F: 86 10 6657 5722

LFC Earnings Calendar

Q1:
Jan
1
 -
Mar
31
Q2:
Apr
1
 -
Jun
30
Q3:
Jul
1
 -
Sep
30
Q4:
Oct
1
 -
Dec
31
Period Ending
 
Assets
Current Assets
Cash & Cash Equivalents
Short Term Investments
Net Receivables
Inventory
Other Current Assets
Total Current Assets
Long Term Assets
Property Plant & Equipment
Goodwill
Intangible Assets
Accumulated Amortization
Other Assets
Deferred Long Asset Charges
Total Assets
Liabilities
Current Liabilities
Accounts Payable
Short/Current Long Term Debt
Other Current Liabilities
Total Current Liabilities
Long Term Debt
Other Liabilities
Deferred Long Term Liability Charges
Minority Interest
Negative Goodwill
Total Liabilities
Stockholders' Equity
Misc Stock Options Warrants
Redeemable Preferred Stock
Preferred Stock
Common Stock
Retained Earnings
Treasury Stock
Capital Surplus
Other Stockholder Equity
Total Stockholder Equity
Net Tangible Assets
12/31/2009
 
 
 
$6,203,000
$50,532,000
$1,121,000
$0
$0
$0
$118,279,000
$2,559,000
$0
$0
$0
$925,000
$0
$179,619,000
 
 
$564,000
$4,915,000
$0
$0
$0
$140,577,000
$2,397,000
$250,000
$0
$148,702,000
 
$0
$0
$0
$4,140,000
$0
$0
$0
$15,056,000
$30,917,000
$30,917,000
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
YoY
 
 
 
(84.3%)
0.0%
(5.4%)
0.0%
0.0%
0.0%
16.8%
(3.9%)
0.0%
0.0%
0.0%
374.8%
(100.0%)
17.2%
 
 
(93.8%)
194.2%
(100.0%)
0.0%
(100.0%)
49.7%
(81.2%)
84.4%
0.0%
17.3%
 
0.0%
0.0%
0.0%
(0.2%)
0.0%
0.0%
(100.0%)
628.9%
16.7%
16.7%
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
12/31/2008
 
 
 
$39,390,417
$0
$1,185,336
$0
$0
$0
$101,295,030
$2,662,752
$0
$0
$0
$194,818
$8,547,916
$153,276,268
 
 
$9,096,134
$1,670,913
$1,397,464
$0
$7,808,694
$93,895,188
$12,771,115
$135,551
$0
$126,775,059
 
$0
$0
$0
$4,146,476
$0
$0
$8,961,316
$2,065,536
$26,501,208
$26,501,208
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
YoY
 
 
 
1,034.9%
0.0%
16.5%
0.0%
0.0%
0.0%
(12.2%)
15.8%
0.0%
0.0%
0.0%
(33.7%)
52.6%
19.7%
 
 
(23.8%)
12,087.5%
1,593.2%
0.0%
11.0%
33.0%
27.4%
12.9%
0.0%
27.0%
 
0.0%
0.0%
0.0%
7.0%
0.0%
0.0%
0.0%
(86.9%)
(5.9%)
(5.9%)
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
Period Ending
Net Income
Operating Activities
Depreciation
Adjustments To Net Income
Changes In Accounts Receivables
Changes In Liabilities
Changes In Inventories
Changes In Other Operating Activities
Total from Operating Activities
Investing Activities
Capital Expenditures
Investments
Other Investing Activities
Total from Investing Activities
Financing Activities
Dividends Paid
Sale Purchase of Stock
Net Borrowings
Other Financing Activites
Total from Financing Activities
Effect of Exchange Rate Changes
Change in Cash and Cash Equivalents
12/31/2009
$4,839,000
 
$230,000
$13,724,000
$1,501,000
($585,000)
$0
$943,000
$21,928,000
 
($478,000)
($22,772,000)
($737,000)
($23,986,000)
 
($967,000)
$105,000
$0
$3,230,000
$2,368,000
($1,000)
$309,000
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
YoY
54.0%
 
(87.2%)
1,446.8%
209.1%
(107.1%)
0.0%
(35.6%)
76.3%
 
(15.3%)
(90.8%)
93.0%
(4.5%)
 
44.9%
0.0%
(100.0%)
(73.0%)
(80.0%)
97.6%
(76.0%)
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
12/31/2008
$3,141,434
 
$1,797,368
($1,018,978)
($1,375,606)
$8,224,736
$0
$1,464,213
$12,437,079
 
($414,428)
($11,938,006)
($10,601,862)
($22,954,296)
 
($1,755,119)
$0
$1,656,243
$11,944,607
$11,845,732
($42,250)
$1,286,266
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
YoY
(41.3%)
 
(5.6%)
67.8%
(135.1%)
35.2%
0.0%
(22.1%)
(26.2%)
 
10.8%
33.4%
(1,663.1%)
(20.9%)
 
(220.1%)
(100.0%)
351.5%
193,491.7%
1,089.8%
0.0%
138.5%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Period Ending
Total Revenue
Cost of Revenue
Gross Profit
Operating Expenses
Research Development
Selling General & Administrative
Non Recurring
Others
Total Operating Expenses
Operating Income or Loss
Income from Continuing Operations
Total Other Income/Expenses Net
Earnings Before Interest And Taxes
Interest Expense
Income Before Tax
Income Tax Expense
Minority Interest
Net Income From Continuing Ops
 
Non-recurring Events
Discontinued Operations
Extraordinary Items
Effect Of Accounting Changes
Other Items
Net Income
Preferred Stock And Other Adjustments
Net Income Applicable To Common Shares
12/31/2009
$49,698,000
$38,395,000
$11,303,000
 
$0
$4,864,000
$0
$429,000
$0
$6,012,000
 
$0
$6,115,000
$0
$6,115,000
$1,276,000
$0
$4,839,000
 
 
$0
$0
$0
$0
$4,839,000
$0
$4,839,000
  
  
  
  
 
  
  
  
  
  
  
 
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
YoY
103.1%
0.0%
(53.8%)
 
0.0%
(75.0%)
0.0%
(75.2%)
0.0%
81.5%
 
0.0%
82.8%
0.0%
82.8%
525.8%
0.0%
54.0%
 
 
0.0%
0.0%
0.0%
0.0%
54.0%
0.0%
54.0%
  
  
  
  
 
  
  
  
  
  
  
 
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
12/31/2008
$24,471,174
$0
$24,471,174
 
$0
$19,430,562
$0
$1,728,713
$0
$3,311,899
 
$0
$3,345,347
$0
$3,345,347
$203,913
$0
$3,141,434
 
 
$0
$0
$0
$0
$3,141,434
$0
$3,141,434
  
  
  
  
 
  
  
  
  
  
  
 
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
YoY
(6.7%)
0.0%
(6.7%)
 
0.0%
(3.2%)
0.0%
0.0%
0.0%
(46.3%)
 
0.0%
(46.2%)
0.0%
(46.2%)
(76.5%)
(100.0%)
(41.3%)
 
 
0.0%
0.0%
0.0%
0.0%
(41.3%)
100.0%
58.7%