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China Life Insurance Co Ltd (2628.HK)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

CNE1000002L3

IPO Date

Dec 18, 2003

Highlights

Market Cap

HK$959.31B

PE Ratio

3.44

PEG Ratio

0.34

Total Revenue (TTM)

HK$339.40B

Gross Profit (TTM)

HK$109.63B

EBITDA (TTM)

HK$18.01B

Year Range

HK$9.93 - HK$20.33

Target Price

HK$17.64

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

China Life Insurance Co Ltd (2628.HK) returned 1.22% year-to-date (YTD) and 36.35% over the past 12 months. Over the past 10 years, 2628.HK returned -5.70% annually, underperforming the S&P 500 benchmark at 10.46%.


2628.HK

YTD

1.22%

1M

13.05%

6M

-14.37%

1Y

36.35%

5Y*

3.71%

10Y*

-5.70%

^GSPC (Benchmark)

YTD

-3.77%

1M

7.44%

6M

-5.60%

1Y

8.37%

5Y*

14.12%

10Y*

10.46%

*Annualized

Monthly Returns

The table below presents the monthly returns of 2628.HK, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-2.04%3.61%0.40%-5.33%4.93%1.22%
2024-11.27%7.46%-2.69%10.97%6.33%-0.36%2.68%8.84%32.15%5.63%-9.59%0.00%53.87%
20237.46%-7.64%-3.01%16.43%-11.98%-1.21%8.42%-12.50%2.52%-13.11%-0.19%-4.35%-21.37%
20225.42%-4.85%-7.10%-4.32%4.51%13.46%-9.40%-3.42%-10.82%-15.01%38.71%12.99%9.90%
2021-3.85%-0.61%-1.83%-1.49%3.41%-5.87%-11.28%0.31%-1.84%6.10%-5.31%0.62%-20.56%
2020-12.98%-3.08%-16.87%8.96%-12.21%7.44%19.22%5.71%-8.16%-2.88%4.39%-2.62%-17.66%
201916.23%11.69%-2.32%5.21%-18.02%6.81%4.73%-8.98%-0.98%12.33%-3.04%9.45%31.45%
20187.74%-12.10%-7.10%4.17%-2.67%-5.51%-3.31%-9.40%0.23%-12.15%7.55%-0.95%-30.74%
20176.68%9.75%0.85%-0.84%8.25%-5.82%3.77%1.41%-7.37%10.97%-1.74%-3.16%22.86%
2016-25.03%-9.90%13.12%-5.64%-3.77%-1.58%6.38%4.86%7.87%-3.70%17.08%-10.42%-17.00%
20150.49%8.66%2.11%11.19%-1.32%-8.15%-15.41%-6.13%0.00%4.66%-4.63%-6.35%-16.60%
2014-12.58%7.08%-3.30%-8.97%6.61%-2.98%15.02%-4.71%-3.15%7.66%16.16%12.99%27.83%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 80, 2628.HK is among the top 20% of stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of 2628.HK is 8080
Overall Rank
The Sharpe Ratio Rank of 2628.HK is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of 2628.HK is 8080
Sortino Ratio Rank
The Omega Ratio Rank of 2628.HK is 8383
Omega Ratio Rank
The Calmar Ratio Rank of 2628.HK is 8080
Calmar Ratio Rank
The Martin Ratio Rank of 2628.HK is 7777
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for China Life Insurance Co Ltd (2628.HK) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

China Life Insurance Co Ltd Sharpe ratios as of May 11, 2025 (values are recalculated daily):

  • 1-Year: 0.89
  • 5-Year: 0.11
  • 10-Year: -0.17
  • All Time: 0.22

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of China Life Insurance Co Ltd compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

China Life Insurance Co Ltd provided a 4.63% dividend yield over the last twelve months, with an annual payout of HK$0.69 per share.


1.00%2.00%3.00%4.00%5.00%6.00%HK$0.00HK$0.20HK$0.40HK$0.60HK$0.8020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
DividendHK$0.69HK$0.69HK$0.53HK$0.76HK$0.77HK$0.80HK$0.18HK$0.49HK$0.27HK$0.50HK$0.51HK$0.38

Dividend yield

4.63%4.68%5.27%5.68%5.95%4.67%0.84%2.94%1.11%2.46%2.02%1.24%

Monthly Dividends

The table displays the monthly dividend distributions for China Life Insurance Co Ltd. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00
2024HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.47HK$0.00HK$0.00HK$0.00HK$0.22HK$0.00HK$0.69
2023HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.53HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.53
2022HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.76HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.76
2021HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.77HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.77
2020HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.80HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.80
2019HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.18HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.18
2018HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.49HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.49
2017HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.27HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.27
2016HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.50HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.50
2015HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.51HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.51
2014HK$0.38HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.00HK$0.38

Dividend Yield & Payout


Dividend Yield

China Life Insurance Co Ltd has a dividend yield of 4.63%, which is quite average when compared to the overall market.

Payout Ratio

China Life Insurance Co Ltd has a payout ratio of 15.68%, which is below the market average. This means China Life Insurance Co Ltd returns a smaller proportion of its earnings to shareholders as dividends, suggesting it retains a higher portion for reinvestment, growth, or debt payment.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the China Life Insurance Co Ltd. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the China Life Insurance Co Ltd was 76.87%, occurring on Oct 31, 2022. The portfolio has not yet recovered.

The current China Life Insurance Co Ltd drawdown is 55.60%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-76.87%Oct 31, 20073706Oct 31, 2022
-40.38%Jan 5, 200496May 17, 2004402Dec 15, 2005498
-31.94%Jan 3, 200742Mar 5, 200772Jun 21, 2007114
-20.62%May 22, 200617Jun 14, 200631Jul 27, 200648
-19.17%Aug 1, 200713Aug 17, 20076Aug 27, 200719

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of China Life Insurance Co Ltd over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Earnings Per Share

The chart presents the Earnings Per Share (EPS) performance of China Life Insurance Co Ltd, comparing actual results with analytics estimates. In the past quarter, the company did not meet analyst expectations for EPS, resulting in a surprise of -100.0%.


0.000.200.400.600.801.00AprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober20240
0.59
Actual
Estimate

Valuation

The Valuation section provides an overview of how China Life Insurance Co Ltd is priced in the market compared to other companies in the Insurance - Life industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for 2628.HK, comparing it with other companies in the Insurance - Life industry. Currently, 2628.HK has a P/E ratio of 3.4. This P/E ratio is considered low compared to industry peers, which may suggest that the stock is undervalued or that the company has weaker growth prospects.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for 2628.HK compared to other companies in the Insurance - Life industry. 2628.HK currently has a PEG ratio of 0.3. This PEG ratio is low compared to industry peers, which could indicate the stock is undervalued relative to its expected growth.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for 2628.HK relative to other companies in the Insurance - Life industry. Currently, 2628.HK has a P/S ratio of 3.1. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for 2628.HK in comparison with other companies in the Insurance - Life industry. Currently, 2628.HK has a P/B value of 0.7. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items