China Life Insurance (601628.SS) Return on Invested Capital (ROIC)

Price: $37.77
Market Cap: $911.08B
Avg Volume: 15.38M
Country: CN
Industry: Insurance - Life
Sector: Financial Services
Beta: 0.664
52W Range: $26.5-50.88
Website: China Life Insurance

Return on Invested Capital (ROIC) Summary

China Life Insurance's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: 0.21%
  • Quarterly: 1.02%
  • TTM: 1.08%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

Other important metrics to assess China Life Insurance's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 4.59%
    • Quarterly: 11.69%
    • TTM: 21.87%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 0.36%
    • Quarterly: 1.02%
    • TTM: 1.69%

These metrics provide insights into China Life Insurance's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROIC

0.21%

Quarterly ROIC

1.02%

TTM ROIC

1.08%

China Life Insurance Historical ROIC

1.97%1.97%1.78%1.78%1.58%1.58%1.38%1.38%1.18%1.18%0.99%0.99%0.79%0.79%0.59%0.59%0.39%0.39%0.20%0.20%0.00%0.00%ROIC0.21%0.67%0.82%1.01%1.44%0.51%1.21%0.77%1.51%1.72%20152015201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROE

16.60%16.60%14.94%14.94%13.28%13.28%11.62%11.62%9.96%9.96%8.30%8.30%6.64%6.64%4.98%4.98%3.32%3.32%1.66%1.66%0.00%0.00%ROE4.59%7.36%10.61%11.17%14.44%3.58%10.05%6.30%10.76%11.34%20152015201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROA

1.80%1.80%1.62%1.62%1.44%1.44%1.26%1.26%1.08%1.08%0.90%0.90%0.72%0.72%0.54%0.54%0.36%0.36%0.18%0.18%0.00%0.00%ROA0.36%0.61%1.04%1.18%1.56%0.35%1.11%0.71%1.42%1.43%20152015201620162017201720182018201920192020202020212021202220222023202320242024

China Life Insurance Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2023.

Year ROIC ROE ROA
2023 0.21% 4.59% 0.36%
2022 0.67% 7.36% 0.61%
2021 0.82% 10.61% 1.04%
2020 1.01% 11.17% 1.18%
2019 1.44% 14.44% 1.56%
2018 0.51% 3.58% 0.35%
2017 1.21% 10.05% 1.11%
2016 0.77% 6.30% 0.71%
2015 1.51% 10.76% 1.42%
2014 1.72% 11.34% 1.43%

Related Metrics

Explore detailed financial metrics and analysis for 601628.SS.

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