HKD15.36
2.54% yesterday
Hong Kong, Nov 15, 09:08 am CET
ISIN
CNE1000002L3
Symbol
2628
Index
Sector
Industry

China Life Insurance Co. Ltd. Target price 2024 - Analyst rating & recommendation

China Life Insurance Co. Ltd. Classifications & Recommendation:

Buy
90%
Hold
5%
Sell
5%

China Life Insurance Co. Ltd. Price Target

Target Price HKD18.52
Price HKD15.36
Potential
Number of Estimates 16
16 Analysts have issued a price target China Life Insurance Co. Ltd. 2025 . The average China Life Insurance Co. Ltd. target price is HKD18.52. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 21 analysts: 19 Analysts recommend China Life Insurance Co. Ltd. to buy, 1 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the China Life Insurance Co. Ltd. stock has an average upside potential 2025 of . Most analysts recommend the China Life Insurance Co. Ltd. stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Dec '23 2024
Estimates
Revenue Billion HKD 408.24 323.30
57.94% 20.81%
Net Margin 12.53% 35.45%
226.04% 182.89%

8 Analysts have issued a sales forecast China Life Insurance Co. Ltd. 2024 . The average China Life Insurance Co. Ltd. sales estimate is

HKD323b
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. This is
21.65% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
HKD584b 41.53%
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, the lowest is
HKD241b 41.63%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 HKD408b 57.94%
2024
HKD323b 20.81%
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2025
HKD348b 7.59%
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2026
HKD380b 9.22%
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7 China Life Insurance Co. Ltd. Analysts have issued a net profit forecast 2024. The average China Life Insurance Co. Ltd. net profit estimate is

HKD115b
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. This is
119.16% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
HKD137b 162.61%
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, the lowest is
HKD65.7b 25.64%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 HKD51.2b 37.12%
2024
HKD115b 124.00%
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2025
HKD73.6b 35.74%
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2026
HKD80.5b 9.32%
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Net Margin

2023 12.53% 226.04%
2024
35.45% 182.89%
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2025
21.17% 40.28%
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2026
21.19% 0.09%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Dec '23 2024
Estimates
Earnings Per Share HKD 1.81 4.05
37.12% 123.76%
P/E 3.79
EV/Sales 1.47

7 Analysts have issued a China Life Insurance Co. Ltd. forecast for earnings per share. The average China Life Insurance Co. Ltd. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

HKD4.05
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. This is
118.92% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
HKD4.86 162.70%
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, the lowest is
HKD2.32 25.41%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 HKD1.81 37.12%
2024
HKD4.05 123.76%
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2025
HKD2.61 35.56%
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2026
HKD2.85 9.20%
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P/E ratio

Current 8.30 37.87%
2024
3.79 54.34%
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2025
5.90 55.67%
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2026
5.39 8.64%
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Based on analysts' sales estimates for 2024, the China Life Insurance Co. Ltd. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.16 123.08%
2024
1.47 27.15%
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2025
1.37 7.05%
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2026
1.26 8.44%
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P/S ratio

Current 1.05 89.47%
2024
1.34 27.64%
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2025
1.25 7.06%
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2026
1.14 8.44%
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