China Life Insurance Ltd H revenue and financials
Secondary listing. The primary listing is China Life Insurance · SSE (CNY)
$27.26Change from previous close: −0.15%Absolute change: −$0.04
In the fiscal year ended December 2025, China Life Insurance Ltd H reported revenue of ¥605.11B (+18.14% year over year). Net income was ¥154.08B, a net margin of 25.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +18.14%
- 2025 vs 2024
- Net income growth
- +44.09%
- 2025 vs 2024
- Net margin
- 25.5%
- 2024: 20.9%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 459,925 | 378,795 | 384,366 | 345,284 | 286,446 |
| Depreciation and amortization | 4,892 | 5,029 | 5,016 | 4,928 | 4,939 |
| Capital expenditure | -3,056 | -3,979 | -4,171 | -3,076 | — |
| Investing cash flow | -547,368 | -354,620 | -424,236 | -158,271 | -393,839 |
| Financing cash flow | 144,341 | -86,759 | 60,273 | -120,095 | 111,219 |
| Dividends paid | -26,602 | -26,915 | -22,189 | -26,386 | -26,680 |
| Share repurchases | — | — | — | 0.0 | 0.0 |
| Debt issued | 56.0 | 35,065 | 67,172 | 688 | 117,327 |
| Debt repaid | -12,868 | -35,138 | -577 | -8,275 | — |
| Effect of exchange rates | -30.0 | 28.0 | 64.0 | 217 | -71.0 |
| Net change in cash | 56,868 | -62,556 | 20,467 | 67,135 | 3,755 |
| Free cash flow | 456,869 | 374,816 | 380,195 | 342,208 | 280,863 |
| Levered free cash flow | 518,147 | -756,982 | 4,857,433 | -73,671 | -13,297 |