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China Life Insurance
601628.SS
#165
Rank
$97.88 B
Marketcap
🇨🇳 China
Country
$4.22
Share price
-0.46%
Change (1 day)
-10.79%
Change (1 year)
🏦 Insurance
Categories

China Life Insurance Company Limited is a Chinese insurance company based in Beijing. It is the fifth largest insurer worldwide, according to Forbes.

China Life Insurance (601628.SS) - Net assets

Net assets on the balance sheet as of March 2024 : $67.96 B

According to China Life Insurance's latest financial reports the company has $67.96 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

China Life Insurance - Net assets on balance sheet (from 2003 to 2024)

Net assets by year

Year Net assets Change
2022-12-31$$64.53 B-15.58%
2021-12-31$$76.44 B9.12%
2020-12-31$$70.05 B19.56%
2019-12-31$$58.59 B24.65%
2018-12-31$$47.00 B-5.99%
2017-12-31$$50.00 B12.86%
2016-12-31$$44.30 B-11.97%
2015-12-31$$50.33 B8.47%
2014-12-31$$46.40 B26.17%
2013-12-31$$36.77 B2.79%
2012-12-31$$35.78 B16.29%
2011-12-31$$30.76 B-3.33%
2010-12-31$$31.83 B2.18%
2009-12-31$$31.15 B21.37%
2008-12-31$$25.66 B9.42%
2007-12-31$$23.45 B57.71%
2006-12-31$$14.87 B89.35%
2005-12-31$$7.85 B12.2%
2004-12-31$$7.00 B5.42%
2003-12-31$$6.64 B-122.63%
2002-12-31$-$29.35 B1.83%
2001-12-31$-$28.82 B

Net assets for similar companies or competitors

Company Net assets differencediff. Country
Prudential
PUK
$17.98 B-73.54%🇬🇧 UK
CNO Financial Group
CNO
$2.36 B-96.52%🇺🇸 USA
Unum
UNM
$10.21 B-84.96%🇺🇸 USA
Aflac
AFL
$23.53 B-65.37%🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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