China Life Insurance Co's quarterly market cap
increased
from Jun. 2024 (€38,440 Mil) to Sep. 2024 (€49,181 Mil) and
increased
from Sep. 2024 (€49,181 Mil) to Dec. 2024 (€50,862 Mil).
China Life Insurance Co's annual market cap
declined
from Dec. 2022 (€44,644 Mil) to Dec. 2023 (€32,547 Mil) but then
increased
from Dec. 2023 (€32,547 Mil) to Dec. 2024 (€50,862 Mil).
Enterprise Value is 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 and cash equivalents. China Life Insurance Co's Enterprise Value for Today is €104,241 Mil.
China Life Insurance Co Market Cap Historical Data
* 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.
Competitive Comparison of China Life Insurance Co's Market Cap
For the Insurance - Life subindustry, China Life Insurance Co's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, China Life Insurance Co's Market Cap distribution charts can be found below:
* The bar in red indicates where China Life Insurance Co's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
China Life Insurance Co's Market Cap for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
China Life Insurance Co (STU:CHL) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
China Life Insurance Co Market Cap Related Terms
Thank you for viewing the detailed overview of China Life Insurance Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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