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China Life Insurance Co Enterprise Value

: $67,008 Mil (As of Today)
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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, China Life Insurance Co's Enterprise Value is $67,008 Mil. China Life Insurance Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2019 was $9,132 Mil. Therefore, China Life Insurance Co's EV-to-EBIT ratio for today is 7.34.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, China Life Insurance Co's Enterprise Value is $67,008 Mil. China Life Insurance Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2019 was $9,756 Mil. Therefore, China Life Insurance Co's EV-to-EBITDA ratio for today is 6.87.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, China Life Insurance Co's Enterprise Value is $67,008 Mil. China Life Insurance Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2019 was $104,007 Mil. Therefore, China Life Insurance Co's EV-to-Revenue ratio for today is 0.64.


China Life Insurance Co Enterprise Value Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

China Life Insurance Co Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Enterprise Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90,121.17 71,474.25 84,387.66 55,560.07 79,662.69

China Life Insurance Co Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
Enterprise Value 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 Premium Member Only Premium Member Only Premium Member Only 84,387.66 67,000.42 55,560.07 70,736.56 79,662.69

Competitive Comparison
* 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.


China Life Insurance Co Enterprise Value Distribution

* The bar in red indicates where China Life Insurance Co's Enterprise Value falls into.



China Life Insurance Co Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

China Life Insurance Co's Enterprise Value for the fiscal year that ended in Dec. 2019 is calculated as

Enterprise Value (A: Dec. 2019 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=78180.1602+0+8287.4944750987
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash and cash equivalents
+0+795.30062591785-7600.2680468226
=79,663

China Life Insurance Co's Enterprise Value for the quarter that ended in Dec. 2019 is calculated as

Enterprise Value (Q: Dec. 2019 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=78180.1602+0+8287.4944750987
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash and cash equivalents
+0+795.30062591785-7600.2680468226
=79,663

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


China Life Insurance Co  (NYSE:LFC) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

China Life Insurance Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=67008.280/9132.1271226314
=7.34

China Life Insurance Co's current Enterprise Value is $67,008 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Life Insurance Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2019 was $9,132 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

China Life Insurance Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=67008.280/9756.4766100632
=6.87

China Life Insurance Co's current Enterprise Value is $67,008 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Life Insurance Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2019 was $9,756 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

China Life Insurance Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=67008.280/104007.01484238
=0.64

China Life Insurance Co's current Enterprise Value is $67,008 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Life Insurance Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2019 was $104,007 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


China Life Insurance Co Enterprise Value Related Terms


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