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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 107,448 | 175,431 | 60,215 | 99,268 | 107,912 | 192,530 | 32,194 | 66,049 | 96,793 | 183,759 | 59,384 | 75,558 |
| Depreciation and amortization | 2,429 | — | 4,892 | -2,454 | 2,454 | — | 5,029 | -2,505 | 2,505 | — | 5,016 | -2,509 |
| Capital expenditure | -350 | -621 | -1,525 | — | — | -1,999 | — | — | — | — | — | — |
| Investing cash flow | -82,183 | -93,251 | -149,128 | -97,208 | -110,825 | -190,207 | -39,152 | -109,165 | -206,331 | 28.0 | -126,045 | -131,295 |
| Financing cash flow | -14,045 | -87,892 | 135,486 | -25,864 | 21,753 | 12,966 | 17,505 | 29,352 | -55,972 | -77,644 | 57,597 | 18,204 |
| Dividends paid | -2,520 | -1,406 | -8,441 | -14,609 | -1,907 | -1,645 | -8,157 | -13,223 | — | -3,171 | -2,050 | -15,214 |
| Debt issued | 74.0 | — | -45,918 | 45,974 | -30,911 | 30,911 | 51.0 | 35,014 | — | — | 61,672 | 5,482 |
| Debt repaid | — | — | 0.0 | — | -6,083 | -6,785 | — | — | — | — | — | — |
| Effect of exchange rates | -20.0 | -39.0 | -96.0 | 57.0 | -48.0 | 57.0 | 58.0 | -40.0 | -3.0 | 13.0 | -43.0 | -7.0 |
| Net change in cash | 11,200 | -5,751 | 46,477 | -23,747 | 18,792 | 15,346 | 10,605 | -13,804 | -165,513 | 106,156 | -9,107 | -37,540 |
| Free cash flow | 107,098 | 174,810 | 58,690 | 99,400 | 108,248 | 190,531 | 30,737 | 66,096 | 98,446 | 182,106 | 57,180 | 74,752 |
| Levered free cash flow | 6,900,865 | -6,289,751 | 6,419,436 | -6,359,945 | 6,227,014 | -5,844,992 | 5,886,899 | -5,433,378 | 5,406,988 | -6,615,020 | 4,904,532 | 34,126 |