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China Life Insurance Co (China Life Insurance Co) Cash Flow from Investing : $-50,331 Mil (TTM As of Mar. 2024)


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What is China Life Insurance Co Cash Flow from Investing?

Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).

For the three months ended in Mar. 2024, China Life Insurance Co spent $230 Mil on purchasing property, plant, equipment. It gained $7 Mil from selling property, plant, and equipment. It spent $171 Mil on purchasing business. It gained $25 Mil from selling business. It spent $79,107 Mil on purchasing investments. It gained $78,804 Mil from selling investments. It paid $0Mil for net Intangibles purchase and sale. And it received $675 Mil from other investing activities. In all, China Life Insurance Co gained $4 Mil on investment activities in financial market and operating subsidiaries for the three months ended in Mar. 2024.


China Life Insurance Co Cash Flow from Investing Historical Data

The historical data trend for China Life Insurance Co's Cash Flow from Investing can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China Life Insurance Co Cash Flow from Investing Chart

China Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Flow from Investing
Get a 7-Day Free Trial Premium Member Only Premium Member Only -35,290.22 -44,775.28 -61,833.95 -23,660.66 -59,956.58

China Life Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash Flow from Investing Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9,492.66 -15,397.27 -18,760.60 -16,177.42 3.89

China Life Insurance Co Cash Flow from Investing Calculation

Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).

If a company spends cash on property, plant and equipment (PPE), this will reduce their cash position. This is called Capital Expenditures (CPEX).

Likewise, if a company buys another company for cash, this will reduce their cash position.

China Life Insurance Co's Cash Flow from Investing for the fiscal year that ended in Dec. 2023 is calculated as:

China Life Insurance Co's Cash Flow from Investing for the quarter that ended in Mar. 2024 is calculated as:


Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-50,331 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


China Life Insurance Co  (OTCPK:LFCHY) Cash Flow from Investing Explanation

Cash flow from investing contains nine items:

1. Purchase Of Property, Plant, Equipment:
Purchase of PPE indicates the amount used to purchase property, plant, and equipment.

China Life Insurance Co's purchase of property, plant, equipment for the three months ended in Mar. 2024 was $-230 Mil. It means China Life Insurance Co spent $230 Mil on purchasing property, plant, equipment.

In the capital spending for property, plant and equipment (PPE), some part of spending may be from the expansion of business. The business needs more property, plant and equipment (PPE) as it grows. Another part may be from replacement of the property, plant and equipment (PPE) of existing business. For some companies, the cash spent on replacing of the property, plant and equipment (PPE) of the existing business will be close to the depreciation of property, plant and equipment (PPE) reported in the income statement.

In Warren Buffett's definition of Owner's Earnings, he deducts the estimate of the cost of replacing the property, plant and equipment (PPE) of the existing business from cash flow from operations. The cash spent on the new property, plant, and equipment is not deducted. The reason is because these are not costs of the existing business. In his 1986 letter to shareholders, Warren Buffett wrote this about owner earnings:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume....Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

2. Sale Of Property, Plant, Equipment:
Sale of PPE indicates the amount gained from selling property, plant, and equipment.

China Life Insurance Co's sale of property, plant, equipment for the three months ended in Mar. 2024 was $7 Mil. It means China Life Insurance Co gained $7 Mil from selling property, plant, and equipment.

3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.

China Life Insurance Co's purchase of business for the three months ended in Mar. 2024 was $-171 Mil. It means China Life Insurance Co spent $171 Mil on purchasing business.

4. Sale Of Business:
Sale of business indicates the amount gained from selling business.

China Life Insurance Co's sale of business for the three months ended in Mar. 2024 was $25 Mil. It means China Life Insurance Co gained $25 Mil from selling business.

5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.

China Life Insurance Co's purchase of investment for the three months ended in Mar. 2024 was $-79,107 Mil. It means China Life Insurance Co spent {stock_data.stock.currency_symbol}}79,107 Mil on purchasing investments.

6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.

China Life Insurance Co's sale of investment for the three months ended in Mar. 2024 was $78,804 Mil. It means China Life Insurance Co gained $78,804 Mil from selling investments.

7. Net Intangibles Purchase And Sale:
Net Intangibles purchase and sale means the net cash inflow received by a company that comes from the purchase and sale of intangibles. It equals the cash received from sale of intangibles minus the cash spent on purchasing intangibles.

China Life Insurance Co's net Intangibles purchase and sale for the three months ended in Mar. 2024 was $0 Mil. It means China Life Insurance Co paid $0 Mil for net Intangibles purchase and sale.

8. Cash From Discontinued Investing Activities:
Cash from discontinued investing activities means the cash received by a company that comes from the discontinued investing activities.

China Life Insurance Co's cash from discontinued investing activities for the three months ended in Mar. 2024 was 0 Mil. It means China Life Insurance Co paid $0 Mil for discontinued investing activities.

9. Cash From Other Investing Activities:
Cash from other investing activities means the cash received by a company that comes from other investing activities.

China Life Insurance Co's cash from other investing activities for the three months ended in Mar. 2024 was $675 Mil. It means China Life Insurance Co received $675 Mil from other investing activities.


China Life Insurance Co Cash Flow from Investing Related Terms

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China Life Insurance Co (China Life Insurance Co) Business Description

Address
No. 16, Financial Street, Xicheng District, Beijing, CHN, 100033
With headquarters in Beijing and commanding about 20% market share, China Life Insurance is the largest life insurance company in China. The firm offers group and individual life insurance through exclusive agents, bancassurance, and other marketing platforms. While the bulk of profits stem from life insurance policies, additional operations include short-term policies such as accident and health insurance. The company is undergoing a business transformation toward the sale of long-term protection products and away from short-term and single-premium products.

China Life Insurance Co (China Life Insurance Co) Headlines