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China Life Insurance Co (SHSE:601628) Price-to-Free-Cash-Flow

: 2.07 (As of Today)
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As of today (2024-04-19), China Life Insurance Co's share price is ¥28.09. China Life Insurance Co's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ¥13.58. Hence, China Life Insurance Co's Price-to-Free-Cash-Flow Ratio for today is 2.07.

The historical rank and industry rank for China Life Insurance Co's Price-to-Free-Cash-Flow or its related term are showing as below:

SHSE:601628' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 1.89   Med: 3.65   Max: 47.51
Current: 2.06

During the past 13 years, China Life Insurance Co's highest Price-to-Free-Cash-Flow Ratio was 47.51. The lowest was 1.89. And the median was 3.65.

SHSE:601628's Price-to-Free-Cash-Flow is ranked better than
90.29% of 340 companies
in the Insurance industry
Industry Median: 8.69 vs SHSE:601628: 2.06

China Life Insurance Co's Free Cash Flow per Share for the three months ended in Dec. 2023 was ¥1.71. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was ¥13.58.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of China Life Insurance Co was 10.10% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 9.30% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 20.00% per year.

During the past 13 years, China Life Insurance Co's highest 3-Year average Free Cash Flow per Share Growth Rate was 49.50% per year. The lowest was -28.00% per year. And the median was 8.75% per year.


China Life Insurance Co Price-to-Free-Cash-Flow Historical Data

The historical data trend for China Life Insurance Co's Price-to-Free-Cash-Flow 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.61 3.68 3.02 2.99 2.08

China Life Insurance Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow 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 2.99 2.72 2.71 2.57 2.08

Competitive Comparison

For the Insurance - Life subindustry, China Life Insurance Co's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution

For the Insurance industry and Financial Services sector, China Life Insurance Co's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where China Life Insurance Co's Price-to-Free-Cash-Flow falls into.



China Life Insurance Co Price-to-Free-Cash-Flow Calculation

China Life Insurance Co's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=28.09/13.582
=2.07

China Life Insurance Co's Share Price of today is ¥28.09.
China Life Insurance Co's Free Cash Flow per Share 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 ¥13.58.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

China Life Insurance Co  (SHSE:601628) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


China Life Insurance Co Price-to-Free-Cash-Flow Related Terms

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China Life Insurance Co (SHSE:601628) Business Description

Traded in Other Exchanges
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 (SHSE:601628) Headlines

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