China Life Insurance Co (China Life Insurance Co) Total Liabilities : $774,852 Mil (As of Mar. 2024)

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What is China Life Insurance Co Total Liabilities?

China Life Insurance Co's Total Liabilities for the quarter that ended in Mar. 2024 was $774,852 Mil.

China Life Insurance Co's quarterly Total Liabilities increased from Sep. 2023 ($727,318.68 Mil) to Dec. 2023 ($758,863.48 Mil) and increased from Dec. 2023 ($758,863.48 Mil) to Mar. 2024 ($774,851.77 Mil).

China Life Insurance Co's annual Total Liabilities declined from Dec. 2021 ($691,653.09 Mil) to Dec. 2022 ($689,482.19 Mil) but then increased from Dec. 2022 ($689,482.19 Mil) to Dec. 2023 ($758,863.48 Mil).

China Life Insurance Co Total Liabilities Historical Data

The historical data trend for China Life Insurance Co's Total Liabilities 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.

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China Life Insurance Co Total Liabilities Chart

China Life Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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472,987.44

580,418.24

691,653.09

689,482.19

758,863.48

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
Total Liabilities	Get a 7-Day Free Trial															724,478.66	724,003.83	727,318.68	758,863.48	774,851.77

China Life Insurance Co Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

China Life Insurance Co's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	824693.846	-	65830.369
	=	758,863

China Life Insurance Co's Total Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	842997.015	-	68145.248
	=	774,852

China Life Insurance Co Total Liabilities Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China Life Insurance Co Ltd (OTCPK:LFCHY) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

CILJF:USA 02628:Hong Kong CHL:Germany 601628:China

Address

No. 16, Financial Street, Xicheng District, Beijing, CHN, 100033

Website

https://www.e-chinalife.com

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.