China Life Insurance Company Limited (02628.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	630.5B	605.1B	512.2B	396.5B	822.3B
Cost of Revenue	70.4B	1.8B	1.8B	1.7B	756.2B
Gross Profit	560.1B	603.3B	510.4B	394.7B	66.1B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	(21.4B)	(19.5B)	(19.0B)	25.7B	24.2B
General & Admin Expense	(17.8B)	(19.5B)	(19.0B)	25.7B	24.2B
Selling & Marketing Expense	(3.6B)	—	—	—	—
Other Expenses	261.9B	441.2B	414.2B	317.1B	17.9B
Total Operating Expenses	240.5B	421.7B	395.2B	342.8B	42.1B
Cost and Expenses	310.9B	423.5B	397.0B	344.5B	798.3B
Operating Income (EBIT)	319.6B	181.6B	115.2B	52.0B	24.0B
Non-Operating
Interest Income	63.8B	124.1B	116.8B	—	—
Interest Expense	1.9B	—	—	126.8B	4.9B
Net Interest Income	60.9B	124.1B	116.8B	(126.8B)	(4.9B)
Other Non-Op Income/Expense	(99.0M)	—	—	—	—
Non-Operating Income (excl Interest)	160.5B	—	—	—	(4.9B)
EBT (Pre-Tax Income)	319.5B	181.6B	115.2B	52.0B	24.0B
Income Tax Expense	50.7B	25.1B	6.3B	(719.0M)	(9.5B)
Bottom Line
Net Income	265.3B	154.1B	106.9B	51.2B	32.1B
Earnings from Cont. Ops	268.8B	156.6B	108.9B	52.7B	33.5B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	265.3B	154.1B	106.9B	51.2B	32.1B
Per Share
Basic EPS	HK$9.38	HK$5.45	HK$3.78	HK$1.81	HK$1.14
Diluted EPS	HK$9.38	HK$5.45	HK$3.78	HK$1.81	HK$1.14
Revenue Per Share	HK$22.31	HK$21.40	HK$18.11	HK$14.03	HK$29.22
Shares
Basic Shares Outstanding	28.3B	28.3B	28.3B	28.3B	28.1B
Diluted Shares Outstanding	28.3B	28.3B	28.3B	28.3B	28.3B
Profitability Metrics
EBITDA	159.1B	186.5B	120.2B	57.0B	33.8B
D&A	—	4.9B	5.0B	5.0B	4.9B
EBIT	159.1B	181.6B	115.2B	52.0B	28.9B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026