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 Co. Ltd.
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Company Calendar

Last Earnings
10/28/2021
Today
4/26/2024
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 a strong presence in the life insurance industry in China, which is one of the largest insurance markets globally.
  • The company offers a diverse range of insurance products including critical illness protection, annuity, and medical insurance, catering to various customer needs.
  • Recent developments show that China Life Insurance Company Limited has been expanding its digital capabilities, enhancing customer experience and operational efficiency.
  • With the increasing focus on health and security, the health insurance business segment of the company is poised for growth, offering potential revenue opportunities.
  • Investors may find the current stock price of China Life Insurance Company Limited attractive, providing a potential entry point for investment.

Cons

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

  • Regulatory changes in the insurance industry in China could impact the company's operations and profitability.
  • Intense competition within the insurance sector in China may put pressure on the company's market share and margins.
  • Economic uncertainties and fluctuations in interest rates could affect the investment returns of the company's insurance products.
  • The company's exposure to various risks such as investment risk and underwriting risk could impact its financial performance.
  • Market volatility and geopolitical tensions may introduce uncertainties that could affect the company's stock performance.
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 Wednesday, April 3, 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) issued its quarterly earnings results on Thursday, October, 28th. The financial services provider reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.53 by $0.32. The financial services provider had revenue of $34.40 billion for the quarter.

Is China Life Insurance a good dividend stock?

China Life Insurance (NYSE:LFC) pays an annual dividend of $0.42 per share and currently has a dividend yield of 5.96%. LFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for LFC.

When did China Life Insurance's stock split?

Shares of China Life Insurance split before market open on Wednesday, May 27th 2015. The 3-1 split was announced on Monday, May 11th 2015. The newly minted 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 companies that other 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), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Morgan Stanley (MS) and Target (TGT).

This page (NYSE:LFC) was last updated on 4/26/2024 by MarketBeat.com Staff

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