How much cash does China Life Insurance have?

According to China Life Insurance's latest annual financial reports, the company has a total of $149.57B in cash and cash equivalents. This amount includes all liquid assets that can be readily converted into cash.

Additionally, China Life Insurance holds $2.26T in short-term investments, which are highly liquid assets that can be easily converted into cash within a short period.

In total, the company has $2.41T when combining cash and cash equivalents with short-term investments.

On a per-share basis, China Life Insurance has $85.72 in cash. This metric helps investors understand how much cash the company holds per outstanding share.

The company's free cash flow, which is the cash generated from operations after deducting capital expenditures, stands at $384.06B. This is an important indicator of financial health, showing the cash available for distribution to shareholders or reinvestment into the company.

Lastly, the company's cash position has experienced a growth rate of 17.22%, reflecting the increase in cash and cash equivalents over the specified period.

China Life Insurance Historical Cash on Hand

Cash on Hand History

The table below shows the amount of cash on hand for each year, with the latest data available for the last fiscal year 2023.

Year	Cash on Hand	Change
2023	$149.57B	17.22%
2022	$127.59B	111.11%
2021	$60.44B	6.73%
2020	$56.63B	6.23%
2019	$53.31B	4.91%
2018	$50.81B	4.58%
2017	$48.59B	-27.53%
2016	$67.05B	-11.89%
2015	$76.10B	61.79%
2014	$47.03B	120.51%
2013	$21.33B	-68.93%
2012	$68.66B	22.63%
2011	$55.98B	16.99%
2010	$47.85B	32.20%
2009	$36.20B	6.20%
2008	$34.09B	34.63%
2007	$25.32B	-49.58%
2006	$50.21B	79.01%
2005	$28.05B	3.06%
2004	$27.22B	-36.13%
2003	$42.62B	193.32%
2002	$14.53B	N/A
2001	$-	N/A
2000	$-	N/A