Sells life and health insurance policies to individuals and groups.
Dec 2022Revenue ¥804B/yrExpenses ¥780B/yr
Expected to fall below break-even Dec 2023
Figures by year
Is China Life Insurance still profitable?
Yes. In the 12 months to Dec 2022, revenue was ¥804B and expenses ¥780B. Its expenses are growing faster than its revenue, and the trends are projected to cross in Dec 2023.
| Fiscal year to | Revenue | Expenses | Pre-tax profit |
|---|---|---|---|
| Dec 2022 | ¥804B | ¥780B | ¥24.0B |
| Dec 2021 | ¥825B | ¥775B | ¥50.3B |
| Dec 2020 | ¥805B | ¥751B | ¥54.4B |
| Dec 2019 | ¥729B | ¥670B | ¥59.8B |
| Dec 2018 | ¥627B | ¥613B | ¥13.9B |
| Dec 2017 | ¥643B | ¥602B | ¥41.7B |
| Dec 2016 | ¥541B | ¥517B | ¥23.8B |
| Dec 2015 | ¥507B | ¥462B | ¥45.9B |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.