China Life Insurance Company Limited (2628.HK) stock analysis

In our weekly check, China Life Insurance Company Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 3, red flags: 4.

About China Life Insurance Company Limited

China Life Insurance Company Limited is a Financial Services company (Insurance - Life) based in China, listed on HKSE as 2628.HK.

What our checks show for 2628.HK

Red flags

• Analysts expect the net margin to shrink by 18.7 points from today's 42.1%.
• Revenue fell 8.5% a year over the last 3 years.
• The stock has fallen as much as 84% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 3.7%.

Warning signs

• Analysts expect earnings per share to shrink about 16.1% a year.
• The price swings a lot: 42.1% annual volatility. Expect large ups and downs.
• The stock is still below its previous peak.

Strengths

• The net margin rose by 36.1 points over 5 years, to 42.1%.
• The gross margin is 88.8% and has risen by 78.7 points: pricing power is holding.
• Operating cash flow is 1.73x net profit: the profit arrives as real cash.
• Earnings per share grew 102% a year over the last 3 years.
• Net profit grew 102% a year over the last 3 years.
• The company keeps 42.1% of its revenue as net profit.

Next earnings report: 2026-10-30

Similar companies

1299.HK · 2882.TW · 2883.TW · 2881.TW · 8795.T · DSY.JO

Questions

What grade does China Life Insurance Company Limited (2628.HK) have?

In our weekly check, China Life Insurance Company Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 3, red flags: 4. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 2628.HK stock?

This week's biggest flags for China Life Insurance Company Limited: Margins expected to shrink, Weak revenue growth, Deep past fall. In total 7 of 25 checks show a warning or a red flag.

What does China Life Insurance Company Limited do?

China Life Insurance Company Limited is a Financial Services company (Insurance - Life) based in China, listed on HKSE as 2628.HK.

When does China Life Insurance Company Limited report earnings next?

The next earnings report is expected on 2026-10-30. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

Open the full analysis