China Life Insurance
601628.SS
#95
Rank
โ‚ฌ147.85 B
Marketcap
6,34ย โ‚ฌ
Share price
-0.31%
Change (1 day)
51.06%
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 November 2024 (TTM): -0.03%

According to China Life Insurance's latest financial reports and stock price the company's current Operating Margin is -0.03%. At the end of 2023 the company had an Operating Margin of 1.43%.

Operating Margin history for China Life Insurance from 2007 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20231.43%-51.02%
20222.92%-50.73%
20215.94%-11.02%
20206.67%-17.9%
20198.12%270.74%
20182.19%-66.03%
20176.45%47.15%
20164.38%-51.48%
20159.03%-1.19%
20149.14%30.55%
20137.00%156.93%
20122.73%-49.08%
20115.35%-49.48%
201010.60%-13.36%
200912.23%91.87%
20086.37%-48.54%
200712.39%63.52%
20067.58%-89.5%
200572.13%138.11%
200430.29%102.16%
200314.98%-417.12%
2002-4.72%-38.49%
2001-7.68%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-17.77% 59,133.33%๐Ÿ‡ฌ๐Ÿ‡ง UK
18.64%-62,233.33%๐Ÿ‡บ๐Ÿ‡ธ USA
13.32%-44,500.00%๐Ÿ‡บ๐Ÿ‡ธ USA
32.33%-107,866.67%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.