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China Life Insurance Co Ltd Class H (HK:2628)
HKEX:2628

China Life Insurance Co (2628) Stock Price & Analysis

3 Followers

2628 Stock Chart & Stats

Day’s RangeHK$0 - HK$0
52-Week RangeHK$8.19 - HK$14.54
Previous CloseHK$12.38
Volume101.34M
Average Volume (3M)41.37M
Market Cap
HK$820.57B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)6.9
Beta1.11
Aug 22, 2024
Dividend Yield4.61%
Share Statistics
EPS (TTM)1.97
Shares Outstanding7,441,175,000
10 Day Avg. Volume51,228,000
30 Day Avg. Volume41,373,560
Standard Deviation0.09
R-Squared0.62
Alpha-0.00783
Financial Highlights & Ratios
Price to Book (P/B)0.10
Price to Sales (P/S)0.78
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
Price Target Upside10.89% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2

Bulls Say, Bears Say

Bulls Say
Earnings Performance1Q24 result better than expected with VNB +26.3% y-o-y and operating profit +4.4% y-o-y, showcasing strong earnings growth and operational efficiency.
Investment And ValuationWith the stock trading at attractive valuation multiples coupled with a BUY recommendation, investors might see a potential upside based on current market analysis.
Strategic Business DevelopmentsImproving underwriting structure and enhanced bancassurance margin due to better product mix, indicating a strategic improvement in the business model.
Bears Say
Economic GrowthChina's slower-than-expected economic growth could lead to reduced demand for the company's products, impacting its revenue.
Interest RatesDeclining interest rate trends may reduce the company's investment income, potentially affecting its financial stability.
Market CompetitionIntensifying market competition could negatively impact the company's market share and profit margins.
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Options Prices

Currently, No data available
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Ownership Overview

0.00%8.36%7.94%83.70%
0.00%
Insiders
7.94% Other Institutional Investors
83.70% Public Companies and
Individual Investors

2628 FAQ

What was China Life Insurance Co Ltd Class H’s price range in the past 12 months?
China Life Insurance Co Ltd Class H lowest stock price was HK$8.19 and its highest was HK$14.54 in the past 12 months.
    What is China Life Insurance Co Ltd Class H’s market cap?
    Currently, no data Available
    When is China Life Insurance Co Ltd Class H’s upcoming earnings report date?
    China Life Insurance Co Ltd Class H’s upcoming earnings report date is Aug 22, 2024 which is in 96 days.
      How were China Life Insurance Co Ltd Class H’s earnings last quarter?
      China Life Insurance Co Ltd Class H released its earnings results on Apr 26, 2024. The company reported HK$0.788 earnings per share for the quarter, beating the consensus estimate of HK$0.437 by HK$0.351.
        Is China Life Insurance Co Ltd Class H overvalued?
        According to Wall Street analysts China Life Insurance Co Ltd Class H’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does China Life Insurance Co Ltd Class H pay dividends?
          China Life Insurance Co Ltd Class H pays a Annually dividend of HK$0.47 which represents an annual dividend yield of 4.61%. See more information on China Life Insurance Co Ltd Class H dividends here
            What is China Life Insurance Co Ltd Class H’s EPS estimate?
            China Life Insurance Co Ltd Class H’s EPS estimate is HK$0.48.
              How many shares outstanding does China Life Insurance Co Ltd Class H have?
              China Life Insurance Co Ltd Class H has 7,441,175,000 shares outstanding.
                What happened to China Life Insurance Co Ltd Class H’s price movement after its last earnings report?
                China Life Insurance Co Ltd Class H reported an EPS of HK$0.788 in its last earnings report, beating expectations of HK$0.437. Following the earnings report the stock price went up 1.779%.
                  Which hedge fund is a major shareholder of China Life Insurance Co Ltd Class H?
                  Currently, no hedge funds are holding shares in HK:2628
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                  China Life Insurance Co Stock Smart Score

                  8
                  Outperform
                  1
                  2
                  3
                  4
                  5
                  6
                  7
                  8
                  9
                  10

                  Company Description

                  China Life Insurance Co Ltd Class H

                  China Life Insurance Co., Ltd. engages in the provision of life, annuity, accident, and health insurance. It operates through the following segments: Life Insurance Businesses, Health Insurance Businesses, Accident Insurance Businesses, and Other Businesses. The Life Insurance Businesses segment involves in the sale of life insurance policies, including those life insurance policies without significant insurance risk transferred. The Health Insurance Businesses segment offers health insurance policies, including those health insurance policies without significant insurance risk transferred. The Accident Insurance Businesses segment relates to the sale of accident insurance policies. The Other Businesses includes income and allocated cost of insurance agency businesses. The company was founded on November 23, 2003 and is headquartered in Beijing, C hina.
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                  2628 Stock 12 Month Forecast

                  Average Price Target

                  HK$13.73
                  ▲(10.89% Upside)
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                  Best Analysts Covering 2628

                  1 Year
                  Nika MACMB International Securities
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                  1 Year Average Return
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                  reiterated a buy rating 16 days ago
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