China Life Insurance (601628.SS) Market Cap
Market Cap: $890.24B
Avg Volume: 13.46M
Industry: Insurance - Life
Sector: Financial Services
Market Cap Overview
Market Cap
$890.24B
Share Price
$37.73
Shares Outstanding
23.59B
What is China Life Insurance's Market Cap?
China Life Insurance's current Market Cap as of today is $890.24B.
Understanding Market Capitalization
Market Capitalization (Market Cap) is the total value of a company's outstanding shares of stock. It is calculated by multiplying the current market price of one share by the total number of outstanding shares.
- It provides a straightforward method of gauging a company's size.
- Market Cap can be used to compare companies within the same industry.
How is Market Cap calculated?
Market Cap is calculated by multiplying the current share price by the total number of outstanding shares:
Market Cap = Current Share Price × Total Shares Outstanding
In the case of China Life Insurance, the market cap is calculated as $37.73 x 23.59B shares = $890.24B.
As a Mega Cap company, China Life Insurance is among the largest companies in the world.
China Life Insurance Historical Market Cap
China Life Insurance Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of China Life Insurance, enterprise value provides a more complete picture of the company's total value by including debt and cash:
Enterprise Value = Market Cap + Total Debt - Cash and Equivalents
China Life Insurance's enterprise value as of September 30, 2024 (Q3 2024) is calculated as:
- Market Cap: $890.24B
- Total Debt: $48.93B
- Cash and Equivalents: $76.48B
- Enterprise Value: $1.22T
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A higher enterprise value suggests significant debt levels.
China Life Insurance Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $890.24B | 11.56% |
| 2023 | $797.96B | -23.95% |
| 2022 | $1.05T | 23.36% |
| 2021 | $850.49B | -21.62% |
| 2020 | $1.09T | 10.10% |
| 2019 | $985.59B | 74.79% |
| 2018 | $563.88B | -34.55% |
| 2017 | $861.51B | 26.42% |
| 2016 | $681.46B | -14.87% |
| 2015 | $800.46B | -16.97% |
| 2014 | $964.11B | 125.30% |
| 2013 | $427.93B | -29.19% |
| 2012 | $604.30B | 21.13% |
| 2011 | $498.87B | -17.14% |
| 2010 | $602.04B | -32.79% |
| 2009 | $895.71B | 69.92% |
| 2008 | $527.14B | -66.98% |
| 2007 | $1.60T | 52.04% |
| 2006 | $1.05T | 0.09% |
| 2005 | $1.05T | -62.46% |
| 2004 | $2.79T | 245.88% |
| 2003 | $807.98B | 4.56% |
| 2002 | $772.76B | -62.55% |
| 2001 | $2.06T | N/A |
| 2000 | $- | N/A |
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Explore detailed financial metrics and analysis for 601628.SS.