China Deferred Long Term Liab vs Common Stock Shares Outstanding Analysis

601628 Stock   41.62  0.69  1.63%   
China Life financial indicator trend analysis is way more than just evaluating China Life Insurance prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Life Insurance is a good investment. Please check the relationship between China Life Deferred Long Term Liab and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Life Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Deferred Long Term Liab vs Common Stock Shares Outstanding

Deferred Long Term Liab vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Life Insurance Deferred Long Term Liab account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between China Life's Deferred Long Term Liab and Common Stock Shares Outstanding is 0.25. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of China Life Insurance, assuming nothing else is changed. The correlation between historical values of China Life's Deferred Long Term Liab and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of China Life Insurance are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Deferred Long Term Liab i.e., China Life's Deferred Long Term Liab and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from China Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Life Insurance current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Life Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of November 29, 2024, Selling General Administrative is expected to decline to about 37.5 B. The current year's Tax Provision is expected to grow to about (10.2 B)
 2023 2024 (projected)
Gross Profit123.1B82.9B
Total Revenue829.3B702.3B

China Life fundamental ratios Correlations

0.971.00.990.910.460.840.970.660.910.880.571.0-0.840.99-0.490.870.910.980.780.89-0.940.630.85-0.360.81
0.970.960.990.960.640.750.960.780.940.810.550.96-0.920.95-0.450.810.960.980.730.8-0.880.470.78-0.30.77
1.00.960.980.90.460.790.980.640.90.860.61.0-0.820.99-0.480.890.880.980.780.9-0.950.620.85-0.30.82
0.990.990.980.930.580.780.960.750.930.820.560.98-0.890.98-0.470.840.940.980.750.84-0.890.560.79-0.30.78
0.910.960.90.930.660.670.910.70.910.730.50.9-0.890.87-0.380.780.910.930.660.69-0.830.340.74-0.180.7
0.460.640.460.580.660.090.50.780.640.130.070.44-0.780.40.10.380.740.550.220.16-0.25-0.180.170.210.16
0.840.750.790.780.670.090.740.440.710.960.360.84-0.670.85-0.470.660.720.760.650.82-0.830.770.74-0.740.7
0.970.960.980.960.910.50.740.640.910.840.570.97-0.790.95-0.490.920.870.990.840.89-0.950.470.89-0.290.84
0.660.780.640.750.70.780.440.640.630.450.470.65-0.810.65-0.410.40.80.670.510.46-0.440.210.42-0.230.55
0.910.940.90.930.910.640.710.910.630.770.310.91-0.910.88-0.190.840.950.950.610.73-0.860.370.72-0.290.61
0.880.810.860.820.730.130.960.840.450.770.490.89-0.640.88-0.520.790.720.840.760.89-0.930.690.85-0.70.84
0.570.550.60.560.50.070.360.570.470.310.490.57-0.280.61-0.790.380.320.50.530.56-0.580.420.58-0.160.83
1.00.961.00.980.90.440.840.970.650.910.890.57-0.830.99-0.490.870.90.980.780.9-0.950.640.85-0.360.81
-0.84-0.92-0.82-0.89-0.89-0.78-0.67-0.79-0.81-0.91-0.64-0.28-0.83-0.820.16-0.64-0.99-0.85-0.48-0.580.68-0.38-0.530.25-0.48
0.990.950.990.980.870.40.850.950.650.880.880.610.99-0.82-0.530.830.880.950.770.9-0.930.690.84-0.380.82
-0.49-0.45-0.48-0.47-0.380.1-0.47-0.49-0.41-0.19-0.52-0.79-0.490.16-0.53-0.25-0.23-0.41-0.62-0.520.48-0.41-0.580.38-0.81
0.870.810.890.840.780.380.660.920.40.840.790.380.87-0.640.83-0.250.740.910.790.86-0.910.470.82-0.190.71
0.910.960.880.940.910.740.720.870.80.950.720.320.9-0.990.88-0.230.740.920.60.69-0.770.410.64-0.290.58
0.980.980.980.980.930.550.760.990.670.950.840.50.98-0.850.95-0.410.910.920.80.87-0.940.480.85-0.30.78
0.780.730.780.750.660.220.650.840.510.610.760.530.78-0.480.77-0.620.790.60.80.91-0.790.390.93-0.370.83
0.890.80.90.840.690.160.820.890.460.730.890.560.9-0.580.9-0.520.860.690.870.91-0.920.650.95-0.470.84
-0.94-0.88-0.95-0.89-0.83-0.25-0.83-0.95-0.44-0.86-0.93-0.58-0.950.68-0.930.48-0.91-0.77-0.94-0.79-0.92-0.6-0.910.43-0.85
0.630.470.620.560.34-0.180.770.470.210.370.690.420.64-0.380.69-0.410.470.410.480.390.65-0.60.44-0.430.5
0.850.780.850.790.740.170.740.890.420.720.850.580.85-0.530.84-0.580.820.640.850.930.95-0.910.44-0.450.87
-0.36-0.3-0.3-0.3-0.180.21-0.74-0.29-0.23-0.29-0.7-0.16-0.360.25-0.380.38-0.19-0.29-0.3-0.37-0.470.43-0.43-0.45-0.47
0.810.770.820.780.70.160.70.840.550.610.840.830.81-0.480.82-0.810.710.580.780.830.84-0.850.50.87-0.47
Click cells to compare fundamentals

China Life Account Relationship Matchups

China Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7T4.3T4.9T5.3T5.9T3.9T
Total Stockholder Equity403.8B450.1B478.6B436.2B460.1B389.4B
Other Liab2.4T2.8T3.2T3.8T4.4T2.5T
Net Tangible Assets310.3B395.7B441.7B470.6B541.1B356.5B
Retained Earnings283.5B312.9B345.5B359.3B201.3B263.6B
Accounts Payable276.7B302.2B208.8B60.8B67.3B64.0B
Cash53.3B56.6B60.4B127.6B149.6B157.0B
Other Assets646.2B695.2B696.3B648.3B745.5B493.1B
Long Term Debt55.0B54.5B53.7B12.8B47.7B42.7B
Net Receivables23.9B26.8B27.0B27.5B29.5B25.6B
Short Term Investments1.1T1.2T1.4T1.7T2.3T2.4T
Other Stockholder Equity37.0B54.9B105.3B48.6B55.9B39.8B
Total Liab3.3T3.8T4.4T4.8T5.4T3.5T
Deferred Long Term Liab931M1.1B1.1B822M739.8M867.6M
Long Term Investments2.4T2.8T3.4T3.8T4.5T2.7T
Short Long Term Debt15.5B1.1B1.6B1.5B1.3B1.3B
Property Plant Equipment54.2B54.8B57.4B55.9B64.3B45.4B
Other Current Liab75.1B68.9B62.8B63.9B73.5B64.1B
Total Current Liabilities522.3B497.1B516.5B532.0B611.8B522.6B
Other Current Assets72.6B69.7B69.6B53.2B47.8B61.2B
Total Current Assets275.8B304.6B379.8B480.2B552.3B376.7B
Intangible Assets7.8B8.1B8.0B8.1B8.4B8.1B
Net Invested Capital458.8B504.6B532.3B448.9B507.8B492.0B

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

Balance Sheet is a snapshot of the financial position of China Life Insurance at a specified time, usually calculated after every quarter, six months, or one year. China Life Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Life and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which China currently owns. An asset can also be divided into two categories, current and non-current.