China Historical Income Statement
| 601628 Stock | 39.06 0.63 1.64% |
Historical analysis of China Life income statement accounts such as Selling General Administrative of 37.5 B, Total Revenue of 702.3 B or Gross Profit of 82.9 B can show how well China Life Insurance performed in making a profits. Evaluating China Life income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of China Life's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining China Life Insurance latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether China Life Insurance is a good buy for the upcoming year.
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About China Income Statement Analysis
China Life Insurance Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to China Life shareholders. The income statement also shows China investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
China Life Income Statement Chart
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Total Revenue
Total revenue comprises all receipts China Life Insurance generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of China Life Insurance minus its cost of goods sold. It is profit before China Life operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of China Life Insurance. It is also known as China Life overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from China Life's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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. At present, China Life's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 38.2 B, whereas Selling General Administrative is forecasted to decline to about 37.5 B.
| 2024 | 2025 (projected) | Gross Profit | 123.1B | 82.9B | Total Revenue | 953.6B | 702.3B |
China Life income statement Correlations
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China Life Account Relationship Matchups
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China Life income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 4.3B | 3.7B | 5.6B | 4.9B | 5.6B | 5.9B | |
| Selling General Administrative | 37.7B | 40.8B | 39.9B | 41.1B | 47.2B | 37.5B | |
| Total Revenue | 805.0B | 824.9B | 804.4B | 829.3B | 953.6B | 702.3B | |
| Other Operating Expenses | 6.8B | 12.3B | 31.7B | 31.6B | 36.4B | 38.2B | |
| Net Income From Continuing Ops | 51.4B | 52.4B | 33.5B | 22.6B | 26.0B | 35.6B | |
| Ebit | 75.8B | 67.7B | 73.0B | 45.8B | 52.7B | 54.4B | |
| Total Operating Expenses | 750.5B | 774.4B | 780.3B | 817.4B | 940.0B | 657.8B | |
| Income Before Tax | 54.5B | 50.5B | 24.0B | 11.9B | 13.7B | 13.0B | |
| Total Other Income Expense Net | 9.3B | 10.0B | 9.4B | 10.8B | 12.5B | 6.9B | |
| Net Income Applicable To Common Shares | 11.0B | 57.9B | 50.1B | 50.8B | 58.4B | 35.8B | |
| Net Income | 50.3B | 50.9B | 32.1B | 21.1B | 24.3B | 34.7B | |
| Income Tax Expense | 781M | 3.1B | (1.9B) | (9.5B) | (8.5B) | (8.1B) | |
| Minority Interest | 6.9B | (1.5B) | (1.4B) | (1.5B) | (1.4B) | (1.3B) | |
| Tax Provision | 3.1B | (1.9B) | (9.5B) | (10.8B) | (9.7B) | (9.2B) | |
| Net Interest Income | (4.3B) | (3.7B) | (5.6B) | (4.9B) | (4.4B) | (4.6B) | |
| Reconciled Depreciation | 5.2B | 5.3B | 5.3B | 4.8B | 5.5B | 4.7B |
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Other Information on Investing in China Stock
China Life Insurance Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to China Life shareholders. The income statement also shows China investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).