China Life Insurance
601628.SS
#165
Rank
$92.94 B
Marketcap
$4.00
Share price
0.21%
Change (1 day)
-23.95%
Change (1 year)

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

Operating Margin for China Life Insurance (601628.SS)

Operating Margin as of April 2024 (TTM): 4.82%

According to China Life Insurance's latest financial reports and stock price the company's current Operating Margin is 4.82%. At the end of 2022 the company had an Operating Margin of 2.99%.

Operating Margin history for China Life Insurance from 2008 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20222.99%-51.16%
20216.12%-9.53%
20206.77%-17.42%
20198.20%269.44%
20182.22%-65.74%
20176.48%46.91%
20164.41%-51.29%
20159.05%-1.25%
20149.17%30.06%
20137.05%138.7%
20122.95%-46.62%
20115.53%-47.96%
201010.63%-13.62%
200912.30%-10%
200813.67%-42.36%
200723.72%36.46%
200617.38%48.31%
200511.72%-5.28%
200412.37%-3811.02%
2003-0.33%-92.94%
2002-4.72%-38.49%
2001-7.68%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
25.65% 432.16%๐Ÿ‡บ๐Ÿ‡ธ USA
13.60% 182.16%๐Ÿ‡บ๐Ÿ‡ธ USA
-17.77%-468.67%๐Ÿ‡ฌ๐Ÿ‡ง UK
12.42% 157.68%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.