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CHINA LIFE (02628)

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  • 29.120
  • +0.340+1.18%
Market Closed May 5 16:07 CST
823.07BMarket Cap5.02P/E (TTM)

CHINA LIFE (02628) Balance Sheet

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YOY yoy
Hide blank lines yoy
(Q1)Mar 31, 2026
(FY)Dec 31, 2025
(Q9)Sep 30, 2025
(Q6)Jun 30, 2025
(Q1)Mar 31, 2025
(FY)Dec 31, 2024
(Q9)Sep 30, 2024
(Q6)Jun 30, 2024
(Q1)Mar 31, 2024
(FY)Dec 31, 2023
Assets
Fixed time deposit
-0.75%442.82B
-4.51%418.69B
1.59%452.73B
-0.43%457.23B
12.46%446.19B
6.10%438.46B
3.68%445.65B
3.01%459.22B
-14.90%396.74B
-14.89%413.26B
Cash and equivalents
35.20%137.69B
66.51%142.37B
26.77%96.95B
34.88%119.64B
-60.51%101.84B
-42.73%85.51B
-51.79%76.48B
-54.56%88.7B
47.96%257.88B
17.02%149.31B
Reinsurance assets
-2.71%28.93B
-2.36%30.01B
10.37%29.79B
16.07%30.81B
14.71%29.73B
18.93%30.74B
--26.99B
12.61%26.54B
--25.92B
7.26%25.85B
Refundable deposit
1.15%6.67B
0.44%6.62B
0.46%6.57B
0.45%6.64B
0.29%6.6B
1.09%6.59B
3.21%6.54B
0.98%6.61B
3.87%6.58B
2.95%6.52B
Investment income receivable
----
42.23%586M
----
-3.48%1.8B
----
707.84%412M
----
29.13%1.87B
----
-99.90%51M
Financial assets at fair value through profit or loss
3.25%2.02T
8.34%2.07T
10.33%2.13T
4.64%1.95T
5.65%1.95T
11.89%1.91T
671.13%1.93T
22.87%1.86T
694.23%1.85T
662.04%1.71T
Buying back the sale of financial assets
51.74%22.72B
66.49%50.88B
-33.64%16.23B
-61.80%9.17B
26.59%14.97B
54.66%30.56B
5.54%24.46B
-56.00%24B
-71.23%11.83B
-48.72%19.76B
Investment in joint ventures and joint ventures
----
1.89%307.79B
----
15.53%317.52B
----
16.74%302.08B
----
5.94%274.85B
----
-1.42%258.76B
Investment property
-4.85%11.61B
-5.01%11.7B
-3.64%11.98B
-3.34%12.2B
-3.47%12.2B
-3.40%12.32B
-3.22%12.43B
-2.72%12.62B
-3.48%12.64B
-3.34%12.75B
Property plant and equipment
0.96%49.16B
-1.90%53.01B
0.56%47.71B
-1.08%53.07B
2.53%48.69B
0.60%54.03B
-0.34%47.44B
-0.18%53.65B
-1.96%47.49B
-1.56%53.71B
Deferred tax assets
6.52%41.6B
-13.98%34.43B
85.79%17.54B
135.16%46.41B
56.15%39.05B
63.83%40.03B
-72.17%9.44B
19.98%19.74B
27.40%25.01B
-47.03%24.43B
Special items of assets
8.39%360.25B
51.18%47.94B
14.84%359.63B
-2.74%31.97B
12.40%332.37B
-15.02%31.71B
-6.78%313.17B
38.42%32.87B
-11.16%295.7B
69.60%37.32B
Total assets
10.59%7.72T
12.13%7.59T
14.45%7.42T
17.19%7.29T
14.92%6.98T
16.67%6.77T
12.54%6.48T
12.99%6.22T
11.13%6.07T
15.81%5.8T
Liabilities
Insurance contract
10.13%6.62T
9.46%6.38T
13.42%6.32T
16.02%6.29T
14.63%6.01T
19.88%5.83T
--5.57T
15.35%5.42T
--5.24T
13.88%4.86T
Reinsurance premium payable
74.16%310M
95.00%312M
-24.76%234M
-20.38%211M
-32.32%178M
-14.89%160M
-78.70%311M
82.76%265M
-73.73%263M
17.50%188M
Advance payment
8.97%2.62B
67.69%48.23B
-19.75%1.69B
9.39%3.13B
12.42%2.41B
-41.16%28.76B
-94.50%2.11B
-20.02%2.87B
-31.71%2.14B
-1.56%48.88B
Selling repo securities
31.05%238.96B
118.96%331.86B
62.58%198.33B
87.17%209.79B
9.58%182.34B
-30.11%151.56B
-21.10%121.99B
-12.41%112.08B
109.02%166.41B
45.58%216.85B
Financial liabilities measured at fair value through profit or loss
47.54%91.76B
53.23%82.01B
191.87%74.37B
199.13%69.92B
249.42%62.19B
285.65%53.52B
364.32%25.48B
248.12%23.37B
259.85%17.8B
315.01%13.88B
Deferred tax liabilities
231.47%1.66B
906.80%1.48B
--849M
--1.08B
--502M
--147M
----
----
----
----
Current income tax liabilities
24.47%2.11B
25.74%298M
100.08%2.5B
-60.00%110M
-13.94%1.69B
-23.30%237M
25.91%1.25B
82.12%275M
28.16%1.97B
29.83%309M
Special items of liabilities
-14.84%147.4B
-24.66%142.31B
-0.01%177.4B
15.26%187.39B
16.14%173.09B
7.46%188.88B
-96.01%177.42B
-12.11%162.59B
-96.52%149.03B
6.19%175.77B
Total liabilities
10.44%7.1T
11.75%6.98T
14.83%6.78T
18.16%6.76T
15.26%6.43T
17.56%6.25T
11.23%5.9T
13.92%5.72T
11.77%5.58T
14.67%5.32T
Total assets less total liabilities
12.38%611.99B
16.72%608.39B
10.57%638.68B
6.24%535.6B
10.96%544.55B
7.02%521.25B
27.94%577.62B
3.40%504.13B
4.35%490.75B
29.89%487.03B
Equity
Share capital
0.00%28.27B
0.00%28.27B
0.00%28.27B
0.00%28.27B
0.00%28.27B
0.00%28.27B
0.00%28.27B
0.00%28.27B
0.00%28.27B
0.00%28.27B
Reserve
----
-31.67%81.34B
----
-34.50%103.29B
----
-18.43%119.03B
----
2.88%157.68B
----
47.36%145.93B
Capital reserves
0.61%54.53B
----
1.07%54.53B
----
0.45%54.2B
----
0.02%53.95B
----
0.70%53.96B
----
Hold profit
----
34.00%485.6B
----
27.34%392.07B
----
19.64%362.38B
----
3.88%307.89B
----
26.88%302.9B
Undistributed profit
28.76%503.81B
----
36.94%513.66B
----
28.81%391.26B
----
87.50%375.09B
----
38.35%303.75B
----
Special items of shareholders' equity
20.56%89.69B
----
15.76%74.45B
----
15.78%74.39B
----
22.49%64.31B
----
22.50%64.26B
----
Shareholders' equity
12.35%598.26B
16.78%595.21B
10.43%625.83B
6.03%523.62B
10.85%532.51B
6.83%509.68B
28.25%566.7B
3.33%493.83B
4.22%480.41B
30.35%477.09B
Minority interests
13.95%13.73B
13.95%13.19B
17.81%12.85B
16.32%11.98B
16.49%12.05B
16.42%11.57B
13.77%10.91B
6.96%10.3B
11.06%10.34B
11.05%9.94B
Total equity
12.38%611.99B
16.72%608.39B
10.57%638.68B
6.24%535.6B
10.96%544.55B
7.02%521.25B
27.94%577.62B
3.40%504.13B
4.35%490.75B
29.89%487.03B
Total equity and total liabilities
10.59%7.72T
12.13%7.59T
14.45%7.42T
17.19%7.29T
14.92%6.98T
16.67%6.77T
12.54%6.48T
12.99%6.22T
11.13%6.07T
15.81%5.8T
Currency Unit
CNY
CNY
CNY
CNY
CNY
CNY
CNY
CNY
CNY
CNY
Accounting Standards
CAS (2007)
IAS
CAS (2007)
IAS
CAS (2007)
IAS
CAS (2007)
IAS
CAS (2007)
IAS
Audit Opinions
--
Unqualified Opinion
--
--
--
Unqualified Opinion
--
--
--
Unqualified Opinion
Auditor
--
Ernst & Young Huaming Certified Public Accountants (Special General Partnership), Ernst & Young
--
--
--
Ernst & Young Huaming Certified Public Accountants (Special General Partnership), Ernst & Young
--
--
--
PwC, PwC Zhongtian Certified Public Accountants (Special General Partnership)
(Q1)Mar 31, 2026(FY)Dec 31, 2025(Q9)Sep 30, 2025(Q6)Jun 30, 2025(Q1)Mar 31, 2025(FY)Dec 31, 2024(Q9)Sep 30, 2024(Q6)Jun 30, 2024(Q1)Mar 31, 2024(FY)Dec 31, 2023
Assets
Fixed time deposit -0.75%442.82B-4.51%418.69B1.59%452.73B-0.43%457.23B12.46%446.19B6.10%438.46B3.68%445.65B3.01%459.22B-14.90%396.74B-14.89%413.26B
Cash and equivalents 35.20%137.69B66.51%142.37B26.77%96.95B34.88%119.64B-60.51%101.84B-42.73%85.51B-51.79%76.48B-54.56%88.7B47.96%257.88B17.02%149.31B
Reinsurance assets -2.71%28.93B-2.36%30.01B10.37%29.79B16.07%30.81B14.71%29.73B18.93%30.74B--26.99B12.61%26.54B--25.92B7.26%25.85B
Refundable deposit 1.15%6.67B0.44%6.62B0.46%6.57B0.45%6.64B0.29%6.6B1.09%6.59B3.21%6.54B0.98%6.61B3.87%6.58B2.95%6.52B
Investment income receivable ----42.23%586M-----3.48%1.8B----707.84%412M----29.13%1.87B-----99.90%51M
Financial assets at fair value through profit or loss 3.25%2.02T8.34%2.07T10.33%2.13T4.64%1.95T5.65%1.95T11.89%1.91T671.13%1.93T22.87%1.86T694.23%1.85T662.04%1.71T
Buying back the sale of financial assets 51.74%22.72B66.49%50.88B-33.64%16.23B-61.80%9.17B26.59%14.97B54.66%30.56B5.54%24.46B-56.00%24B-71.23%11.83B-48.72%19.76B
Investment in joint ventures and joint ventures ----1.89%307.79B----15.53%317.52B----16.74%302.08B----5.94%274.85B-----1.42%258.76B
Investment property -4.85%11.61B-5.01%11.7B-3.64%11.98B-3.34%12.2B-3.47%12.2B-3.40%12.32B-3.22%12.43B-2.72%12.62B-3.48%12.64B-3.34%12.75B
Property plant and equipment 0.96%49.16B-1.90%53.01B0.56%47.71B-1.08%53.07B2.53%48.69B0.60%54.03B-0.34%47.44B-0.18%53.65B-1.96%47.49B-1.56%53.71B
Deferred tax assets 6.52%41.6B-13.98%34.43B85.79%17.54B135.16%46.41B56.15%39.05B63.83%40.03B-72.17%9.44B19.98%19.74B27.40%25.01B-47.03%24.43B
Special items of assets 8.39%360.25B51.18%47.94B14.84%359.63B-2.74%31.97B12.40%332.37B-15.02%31.71B-6.78%313.17B38.42%32.87B-11.16%295.7B69.60%37.32B
Total assets 10.59%7.72T12.13%7.59T14.45%7.42T17.19%7.29T14.92%6.98T16.67%6.77T12.54%6.48T12.99%6.22T11.13%6.07T15.81%5.8T
Liabilities
Insurance contract 10.13%6.62T9.46%6.38T13.42%6.32T16.02%6.29T14.63%6.01T19.88%5.83T--5.57T15.35%5.42T--5.24T13.88%4.86T
Reinsurance premium payable 74.16%310M95.00%312M-24.76%234M-20.38%211M-32.32%178M-14.89%160M-78.70%311M82.76%265M-73.73%263M17.50%188M
Advance payment 8.97%2.62B67.69%48.23B-19.75%1.69B9.39%3.13B12.42%2.41B-41.16%28.76B-94.50%2.11B-20.02%2.87B-31.71%2.14B-1.56%48.88B
Selling repo securities 31.05%238.96B118.96%331.86B62.58%198.33B87.17%209.79B9.58%182.34B-30.11%151.56B-21.10%121.99B-12.41%112.08B109.02%166.41B45.58%216.85B
Financial liabilities measured at fair value through profit or loss 47.54%91.76B53.23%82.01B191.87%74.37B199.13%69.92B249.42%62.19B285.65%53.52B364.32%25.48B248.12%23.37B259.85%17.8B315.01%13.88B
Deferred tax liabilities 231.47%1.66B906.80%1.48B--849M--1.08B--502M--147M----------------
Current income tax liabilities 24.47%2.11B25.74%298M100.08%2.5B-60.00%110M-13.94%1.69B-23.30%237M25.91%1.25B82.12%275M28.16%1.97B29.83%309M
Special items of liabilities -14.84%147.4B-24.66%142.31B-0.01%177.4B15.26%187.39B16.14%173.09B7.46%188.88B-96.01%177.42B-12.11%162.59B-96.52%149.03B6.19%175.77B
Total liabilities 10.44%7.1T11.75%6.98T14.83%6.78T18.16%6.76T15.26%6.43T17.56%6.25T11.23%5.9T13.92%5.72T11.77%5.58T14.67%5.32T
Total assets less total liabilities 12.38%611.99B16.72%608.39B10.57%638.68B6.24%535.6B10.96%544.55B7.02%521.25B27.94%577.62B3.40%504.13B4.35%490.75B29.89%487.03B
Equity
Share capital 0.00%28.27B0.00%28.27B0.00%28.27B0.00%28.27B0.00%28.27B0.00%28.27B0.00%28.27B0.00%28.27B0.00%28.27B0.00%28.27B
Reserve -----31.67%81.34B-----34.50%103.29B-----18.43%119.03B----2.88%157.68B----47.36%145.93B
Capital reserves 0.61%54.53B----1.07%54.53B----0.45%54.2B----0.02%53.95B----0.70%53.96B----
Hold profit ----34.00%485.6B----27.34%392.07B----19.64%362.38B----3.88%307.89B----26.88%302.9B
Undistributed profit 28.76%503.81B----36.94%513.66B----28.81%391.26B----87.50%375.09B----38.35%303.75B----
Special items of shareholders' equity 20.56%89.69B----15.76%74.45B----15.78%74.39B----22.49%64.31B----22.50%64.26B----
Shareholders' equity 12.35%598.26B16.78%595.21B10.43%625.83B6.03%523.62B10.85%532.51B6.83%509.68B28.25%566.7B3.33%493.83B4.22%480.41B30.35%477.09B
Minority interests 13.95%13.73B13.95%13.19B17.81%12.85B16.32%11.98B16.49%12.05B16.42%11.57B13.77%10.91B6.96%10.3B11.06%10.34B11.05%9.94B
Total equity 12.38%611.99B16.72%608.39B10.57%638.68B6.24%535.6B10.96%544.55B7.02%521.25B27.94%577.62B3.40%504.13B4.35%490.75B29.89%487.03B
Total equity and total liabilities 10.59%7.72T12.13%7.59T14.45%7.42T17.19%7.29T14.92%6.98T16.67%6.77T12.54%6.48T12.99%6.22T11.13%6.07T15.81%5.8T
Currency Unit CNYCNYCNYCNYCNYCNYCNYCNYCNYCNY
Accounting Standards CAS (2007)IASCAS (2007)IASCAS (2007)IASCAS (2007)IASCAS (2007)IAS
Audit Opinions --Unqualified Opinion------Unqualified Opinion------Unqualified Opinion
Auditor --Ernst & Young Huaming Certified Public Accountants (Special General Partnership), Ernst & Young------Ernst & Young Huaming Certified Public Accountants (Special General Partnership), Ernst & Young------PwC, PwC Zhongtian Certified Public Accountants (Special General Partnership)

FY: Financial Year. Refers to the 10-K file disclosed by the listed company to the SEC.

Q: Quarter. Refers to the 10-Q file disclosed by the listed company to the SEC. Q1, Q2, Q3, and Q4 are quarterly reports each with a span of 3 months; Q6 and Q9 are cumulative reports, with Q6 including 6 months and Q9 9 months.

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