China Life Insurance Ltd H revenue and financials

2628 · HKEX · HKD

Secondary listing. The primary listing is China Life Insurance · SSE (CNY)

$27.26Change from previous close: −0.15%Absolute change: −$0.04

Close · October 7, 2026

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%.

Annual revenue · 2025: ¥605.11B
  1. ¥822.31B2022
  2. ¥396.47B2023
  3. ¥512.2B2024
  4. ¥605.11B2025

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.

Balance sheet · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets8,090,7127,715,0747,591,0047,417,9817,292,3556,976,3906,769,5466,481,5546,222,6386,070,8435,653,7275,759,367
Cash and equivalents140,713137,688133,75096,953119,643101,84280,61976,47985,485257,878103,718158,633
Net property, plant and equipment53,33254,09654,44654,01154,63854,92655,22154,41754,82154,26254,77454,595
Other intangible assets7,8937,9908,090—8,1298,192——————
Long-term investments7,319,0306,929,0656,792,986—6,521,8486,238,360——————
Long-term debt35,69035,43135,24535,00635,56841,35538,41647,62612,65712,89047,71847,635
Total debt37,10736,91736,790—36,96942,853——————
Total liabilities7,412,8167,103,0876,982,611—6,756,7566,431,836——————
Total equity (incl. minority)677,896611,987608,393638,682535,599544,554521,248577,615504,133490,748337,716451,468
Retained earnings813,347715,980697,747710,584392,068588,136559,221561,875494,653488,730433,633361,636
Minority interest13,69313,72713,18812,85411,98012,04711,57310,91110,29910,3429,9329,590