Business Segments China Life Insurance Company Limited

Equities

Market Closed - Hong Kong S.E. Other stock markets 04:08:20 2026-04-14 EDT			5-day change	1st Jan Change
27.50 ^HKD	+1.63%		+10.00%	+0.44%

03-26	China Life Insurance to Invest 2.8 Billion Yuan in Private Equity Partnership; Hong Kong Shares Fall 9%	MT
03-26	China Life's Hong Kong Shares Hit Four-Month Low on Mixed Results	DJ

Breakdown by Business Segment (CNY)

Fiscal Period: December	2021	2022	2023	2024	2025
Life Insurance
Life Insurance Business	684B	620B	599B	218B	258B
Total Assets	4,011B	4,260B	5,294B	6,125B	6,911B
Interest Expense	-22.7B	-	-	-2.94B	-3.49B
EBT	22.77B	9.58B	5.26B	89.91B	161B
D&A	2.92B	3.11B	2.8B	2.84B	2.48B
Health and Medical Insurance
Health insurance	128B	119B	114B	59.38B	76.09B
Total Assets	276B	297B	373B	427B	484B
Interest Expense	-1.78B	-	-	-193M	-232M
EBT	8.6B	8.27B	2.03B	16.98B	20.06B
D&A	1.36B	1.16B	1.12B	1.11B	1.69B
Claim Processors
Other Operations	30.86B	20.04B	13.01B	22.49B	17.76B
Total Assets	482B	563B	70.32B	205B	196B
Interest Expense	-8.68B	-	-	-1.07B	-432M
EBT	17.44B	3.92B	3.78B	8.22B	1.06B
D&A	641M	689M	861M	745M	716M
Casualty
Accident Insurance	17.12B	14.95B	14.29B	13.99B	-
Total Assets	12.24B	11.08B	11.78B	11.7B	-
Interest Expense	-254M	-	-	-6M	-
EBT	1.68B	2.27B	798M	104M	-
D&A	368M	335M	233M	335M	-
Offset	-3.13B	-6.67B	-3.73B	-	-
Interest Expense	3.13B	-	-	-	-
Total Assets	110B	120B	139B	-	-

Geographical breakdown of sales (CNY)

Fiscal Period: December	2021	2022	2023	2024	2025
China	795B	766B	670B	314B	352B
Total Assets	4,891B	5,252B	5,888B	6,770B	7,591B
Interest Expense	-17.83B	-	-17.32B	-4.2B	-4.16B
Income Tax Expense	-1.92B	-9.47B	-10.76B	6.27B	25.08B
D&A	4.9B	4.93B	4.76B	5.03B	4.89B
CAPEX	-5.48B	-3.08B	-4.17B	-3.98B	-3.06B
Net Income	50.92B	32.08B	21.11B	107B	154B
EBT	50.5B	24.05B	11.88B	115B	182B
Operating Income	50.98B	24.38B	12.24B	116B	182B