Companies: 10,176     total market cap: NZ$192.151 T
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China Life Insurance
601628.SS
#109
Rank
NZ$243.15 B
Marketcap
🇨🇳 China
Country
$10.45
Share price
0.48%
Change (1 day)
45.06%
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 September 2024 : NZ$140.40 Billion

According to China Life Insurance's latest financial reports the company has NZ$140.40 Billion 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
2023-12-31$NZ$105.15 B3.44%
2022-12-31$NZ$101.65 B-9.18%
2021-12-31$NZ$111.92 B15.27%
2020-12-31$NZ$97.09 B11.6%
2019-12-31$NZ$87.00 B24.15%
2018-12-31$NZ$70.08 B-0.46%
2017-12-31$NZ$70.40 B10.08%
2016-12-31$NZ$63.96 B-13.03%
2015-12-31$NZ$73.54 B24.17%
2014-12-31$NZ$59.22 B32.32%
2013-12-31$NZ$44.75 B2.9%
2012-12-31$NZ$43.49 B10.33%
2011-12-31$NZ$39.42 B-4.44%
2010-12-31$NZ$41.25 B-3.8%
2009-12-31$NZ$42.88 B-3.03%
2008-12-31$NZ$44.22 B44.43%
2007-12-31$NZ$30.62 B45.05%
2006-12-31$NZ$21.11 B83.71%
2005-12-31$NZ$11.49 B17.13%
2004-12-31$NZ$9.81 B-3.96%
2003-12-31$NZ$10.21 B-118.22%
2002-12-31$-NZ$56.08 Billion-19.2%
2001-12-31$-NZ$69.41 Billion

Net assets for similar companies or competitors

Company Net assets differencediff. Country
Prudential
PUK
NZ$30.64 B-78.17%🇬🇧 UK
CNO Financial Group
CNO
NZ$4.58 B-96.74%🇺🇸 USA
Unum
UNM
NZ$18.66 B-86.71%🇺🇸 USA
Aflac
AFL
NZ$42.31 B-69.86%🇺🇸 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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