China Life Insurance Co (China Life Insurance Co) Total Stockholders Equity : $66,709 Mil (As of Mar. 2024)

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What is China Life Insurance Co Total Stockholders Equity?

China Life Insurance Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $66,709 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. China Life Insurance Co's Book Value per Share for the quarter that ended in Mar. 2024 was $11.80. The ratio of a company's debt over equity can be used to measure how leveraged this company is. China Life Insurance Co's Debt-to-Equity for the quarter that ended in Mar. 2024 was 0.03.

China Life Insurance Co Total Stockholders Equity Historical Data

The historical data trend for China Life Insurance Co's Total Stockholders Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Life Insurance Co Total Stockholders Equity Chart

China Life Insurance Co Annual Data

Trend

Dec14

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Dec23

Total Stockholders Equity

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57,567.90

68,823.27

75,214.07

62,562.79

64,439.37

China Life Insurance Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Stockholders Equity	Get a 7-Day Free Trial															66,894.60	62,747.79	60,548.65	64,439.37	66,709.16

China Life Insurance Co (OTCPK:LFCHY) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

China Life Insurance Co's Book Value per Share for the quarter that ended in Mar. 2024 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(66709.158	-	0)	/	5652.94
	=	11.80

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

China Life Insurance Co's Debt-to-Equity for the quarter that ended in Mar. 2024 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	1961.952)	/	66709.158
	=	0.03

China Life Insurance Co Total Stockholders Equity Related Terms

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China Life Insurance Co (China Life Insurance Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China Life Insurance Co Ltd (OTCPK:LFCHY) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

CILJF:USA 02628:Hong Kong CHL:Germany 601628:China

Address

No. 16, Financial Street, Xicheng District, Beijing, CHN, 100033

Website

https://www.e-chinalife.com

With headquarters in Beijing and commanding about 20% market share, China Life Insurance is the largest life insurance company in China. The firm offers group and individual life insurance through exclusive agents, bancassurance, and other marketing platforms. While the bulk of profits stem from life insurance policies, additional operations include short-term policies such as accident and health insurance. The company is undergoing a business transformation toward the sale of long-term protection products and away from short-term and single-premium products.