China Life Insurance Limited's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of China Life Insurance Limited (LFC) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: China Life Insurance Limited vs Its Competitors
- TTM: Trailing 12-month revenue of 119,784M vs 2,525M combined for its competitors (97.9% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+298.9% annualized vs trailing 12 months), vs decelerating (-82.5%) for its tracked peer group.
- Growth: China Life Insurance Limited generated -2.5% revenue growth year over year in Q4 2022, vs 597.2% for its competitors combined.
- Profitability: Its 4.2% net margin compares with -15.5% for the peer group.
- Peer revenue share: China Life Insurance Limited accounted for 99.9% of combined revenue among its tracked peer group, down from 100.0% a year earlier.
- Peer differentiation: Revenue per employee of $1.09M compares with $210.45M for the peer group (0.0x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
LFC Sales vs. its Competitors, Q4 2022
China Life Insurance Limited reported revenue contraction of 2.49 % year on year in Q4 2022, below its competitors' combined revenue growth of 597.24 %.
With a net margin of 4.17 %, China Life Insurance Limited achieved higher profitability than its competitors (-15.53 %).
China Life Insurance Limited generated 99.91 % of the combined sales of its peer group, down from 99.99 % a year earlier.
API endpoints for this dataset
China Life Insurance Limited vs. its Competitors, Q4 2022
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in China Life Insurance Limited reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across China Life Insurance Limited and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| China Life Insurance Company Limited | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (5) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across China Life Insurance Limited's competitor groups requires a Commercial License.
For context: the Life Insurance industry grew revenue 2.4% year over year, combined, vs -2.5% for China Life Insurance Limited. China Life Insurance Limited's share of combined industry revenue moved from 50.70% to 48.29%, a loss of 2.42 percentage points.
China Life Insurance Limited's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| China Life Insurance Company Limited | Yes | No | No | No |
| Competitors combined (1) | ||||
| Similar Growth & Profitability (8) | 87.50 % (7 of 8) | 75.00 % (6 of 8) | 25.00 % (2 of 8) | 0.00 % (0 of 7) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
LFC Stock Performance relative to its Competitors
LFC Stock Performance relative to Similar Growth & Profitability Competitors
Publicly Traded Peers of China Life Insurance Company Limited
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 China Life Insurance Company Limited |
39,853.23 | 119,783.95 |
 Tingo Group Inc |
367.75 | 2,525.39 |
| SUBTOTAL | 40,220.99 | 122,309.35 |
Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on China Life Insurance Company Limited versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
China Life Insurance Limited's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Tingo Group Inc | Export and Commodity Trading 54.57 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
China Life Insurance Limited's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| China Life Insurance Company Limited | 39,853 | 1,088,945 | 45,370 |
| Tingo Group Inc | 368 | 210,449,417 | 22,963,250 |
| PEERS TOTAL | 368 | 210,449,417 | 22,963,250 |
China Life Insurance Limited's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Life Insurance industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (33 companies). See the full Life Insurance industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 0.00 % | 39.93 % (avg) | -39.9 pp |
| Operating Margin | 99.72 % | industry median | +82.3 pp |
| EBITDA Margin | 2.99 % | 19.88 % (avg) | -16.9 pp |
| Capital Intensity (Capex / Revenue) | 0.38 % | 0.74 % (avg) | -0.4 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
China Life Insurance Limited's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2020 | 2021 | 2022 |
|---|---|---|---|
| Revenue Growth | 10.44 % | 9.61 % | -6.34 % |
| Operating Margin | - | 95.79 % | 99.72 % |
| Return on Invested Capital | 17.68 % | 16.10 % | 14.16 % |
| P/E | 1.3x | 1.0x | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
China Life Insurance Limited's Strategic Group Map
China Life Insurance Limited is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
China Life Insurance Limited's trailing-12-month revenue growth of -6.3% and operating margin of 99.7% compares with an average of 2.5% growth and 58.7% margin across its 8 closest peers by combined growth, margin and ROIC -- China Life Insurance Limited sits below that peer average on growth and above it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
China Life Insurance Limited's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.38 % vs industry average 0.74 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on China Life Insurance Limited's dedicated Suppliers and Customers pages, not here.
China Life Insurance Limited's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
China Life Insurance Limited falls in the Medium attractiveness / Low strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
China Life Insurance Limited's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Operating margin 82.3 points above the industry median.
- Latest-quarter revenue run-rate is accelerating (+298.9% annualized vs trailing 12 months).
Weaknesses
No rule matched.
Opportunities
No rule matched.
Threats
- Losing revenue share to the broader industry (-2.4 points over the past year).
- Tracked peer group's revenue run-rate is broadly decelerating (-82.5% annualized).
Methodology: see Methodology: SWOT Analysis.
China Life Insurance Limited's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| China Life Insurance Company Limited | 0.36 | 1.20 | - |
| Tingo Group Inc | 0.88 | 1.84 | 0.26 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
China Life Insurance Limited's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| China Life Insurance Company Limited | Q4 2022 | -6.3 % | -38.6 % |
| Tingo Group Inc | Q2 2023 | +4,161.3 % | - |
| PEERS TOTAL | -5.9 % | -38.3 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
China Life Insurance Limited's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| China Life Insurance Company Limited | Q4 2022 | - | -47.1 % |
| Tingo Group Inc | Q2 2023 | +4,144.4 % | +1,026,992.6 % |
China Life Insurance Limited's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| China Life Insurance Company Limited | 0.66% | 0.64% | 7.73% |
| Tingo Group Inc | 14.38% | 26.85% | 39.11% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
China Life Insurance Limited's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| China Life Insurance Company Limited | 1.24 | 0.33 |
| Tingo Group Inc | - | 0.15 |
| PEERS AVERAGE | 7.64 | 0.33 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.