China Life Insurance Co (China Life Insurance Co) Research & Development : $0 Mil (TTM As of Dec. 2023)

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What is China Life Insurance Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. China Life Insurance Co's Research & Development for the three months ended in Dec. 2023 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $0 Mil.

China Life Insurance Co Research & Development Historical Data

The historical data trend for China Life Insurance Co's Research & Development 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 Research & Development Chart

China Life Insurance Co Annual Data

Trend

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Research & Development

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China Life Insurance Co Quarterly Data
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Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

China Life Insurance Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

China Life Insurance Co (OTCPK:LFCHY) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

China Life Insurance Co Research & Development 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 » Research & Development

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.