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China Life Insurance Co (FRA:CHL) Debt-to-Revenue : 0.03 (As of Mar. 2024)


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What is China Life Insurance Co Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

China Life Insurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. China Life Insurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,805 Mil. China Life Insurance Co's annualized Revenue for the quarter that ended in Mar. 2024 was €60,433 Mil. China Life Insurance Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.


China Life Insurance Co Debt-to-Revenue Historical Data

The historical data trend for China Life Insurance Co's Debt-to-Revenue 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.

* Premium members only.

China Life Insurance Co Debt-to-Revenue Chart

China Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.07 0.07 0.06 0.06

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
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.03 0.08 0.10 0.03

Competitive Comparison of China Life Insurance Co's Debt-to-Revenue

For the Insurance - Life subindustry, China Life Insurance Co's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Life Insurance Co's Debt-to-Revenue Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China Life Insurance Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where China Life Insurance Co's Debt-to-Revenue falls into.



China Life Insurance Co Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

China Life Insurance Co's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 6289.493) / 106500.017
=0.06

China Life Insurance Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 1804.996) / 60432.944
=0.03

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


China Life Insurance Co Debt-to-Revenue Related Terms

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China Life Insurance Co (FRA:CHL) Business Description

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

China Life Insurance Co (FRA:CHL) Headlines

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