China Life Insurance Co (STU:CHL) Long-Term Capital Lease Obligation : €182 Mil (As of Mar. 2025)

View and export this data going back to . Start your Free Trial

What is China Life Insurance Co Long-Term Capital Lease Obligation?

China Life Insurance Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was €182 Mil.

China Life Insurance Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (€165 Mil) to Dec. 2024 (€173 Mil) and increased from Dec. 2024 (€173 Mil) to Mar. 2025 (€182 Mil).

China Life Insurance Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (€212 Mil) to Dec. 2023 (€161 Mil) but then increased from Dec. 2023 (€161 Mil) to Dec. 2024 (€173 Mil).

China Life Insurance Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for China Life Insurance Co's Long-Term Capital Lease Obligation 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 Long-Term Capital Lease Obligation Chart

China Life Insurance Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

334.87

303.18

212.45

161.18

172.88

China Life Insurance Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															158.28	169.55	164.77	172.88	182.34

China Life Insurance Co (STU:CHL) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

China Life Insurance Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of China Life Insurance Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

China Life Insurance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China Life Insurance Co Ltd (STU:CHL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CILJF:USA 02628:Hong Kong 601628:China

Address

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

Website

https://www.e-chinalife.com

With headquarters in Beijing, China Life Insurance is the largest life insurance company in China, commanding about 18% market share by end-2023. 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 focusing on building a senior-care ecosystem and reforming a new agent team for long-term growth.