China Life Insurance Co Class H ( (CILJF) ) has released its Q1 earnings. Here is a breakdown of the information China Life Insurance Co Class H presented to its investors.
China Life Insurance Co. Ltd., a leading provider of life insurance services in China, operates within the financial sector, offering a range of insurance products and services to its customers. In its latest quarterly report, China Life Insurance announced a significant increase in net profit for the first quarter of 2025, despite a decline in operating income. The company reported a net profit attributable to equity holders of RMB 28,802 million, marking a 39.5% increase from the same period in 2024, driven by enhanced asset-liability management and favorable market interest rates.
The company’s total assets grew by 3.1% to RMB 6,976,390 million, while equity attributable to equity holders increased by 4.5%. Despite an 8.9% decrease in operating income to RMB 110,177 million, the company achieved a notable improvement in earnings per share, which rose to RMB 1.02 from RMB 0.73. Additionally, the company’s insurance business remained stable, with gross written premiums reaching RMB 354,409 million, a 5.0% increase year-on-year.
China Life Insurance’s strategic focus on asset-liability management and operational efficiency has resulted in a robust financial performance. The company reported a net cash inflow from operating activities of RMB 192,530 million, reflecting a 4.8% increase compared to the previous year. The company’s solvency ratios also remained strong, with core and comprehensive solvency ratios at 146.12% and 199.34%, respectively.
Looking ahead, China Life Insurance aims to maintain its market-leading position by focusing on high-quality development and strategic deployment. The company plans to continue its efforts in business expansion, operational efficiency, and product diversification to ensure sustained growth and stability in the face of external uncertainties.