
China Life Insurance Company Limited LFC
Annual report 2022
added 12-28-2024
China Life Insurance Company Limited General and Administrative Expenses 2011-2026 | LFC
General and Administrative Expenses — these are a part of a company's operating expenses that are not directly related to the production of goods or the provision of services but are necessary for the overall functioning of the business.What these expenses include
- Salaries of administrative staff (executives, HR, accountants, legal personnel)
- Office rent and utilities
- Office equipment and IT infrastructure
- Professional services (auditors, lawyers, consultants)
- Insurance
- General administrative travel and representation expenses
- Cost control
A high level of such expenses may indicate inefficient management or an overly complex structure - Profitability
Reducing administrative expenses while maintaining stable revenue increases operating profit - Comparative analysis
Investors can compare this metric as a percentage of revenue among companies in the same industry - Business flexibility
Companies with a flexible and controlled expense structure are more resilient to revenue declines
Annual General and Administrative Expenses China Life Insurance Company Limited
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | 37.7 B | - | - | - | - | - | - | - | - | - |
All numbers in CNY currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 37.7 B | 37.7 B | 37.7 B |
General and Administrative Expenses of other stocks in the Insurance life industry
| Issuer | General and Administrative Expenses | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
|
American Equity Investment Life Holding Company
AEL
|
82.9 M | - | 0.55 % | $ 4.49 B | ||
|
FBL Financial Group, Inc.
FFG
|
9.81 M | - | 0.03 % | $ 1.49 B | ||
|
GWG Holdings, Inc.
GWGH
|
23.1 M | - | -7.07 % | $ 95.7 M | ||
|
CNO Financial Group
CNO
|
238 M | $ 40.73 | 0.25 % | $ 3.98 B | ||
|
Independence Holding Company
IHC
|
206 M | - | 0.12 % | $ 831 M | ||
|
National Western Life Group
NWLI
|
30.4 M | - | - | $ 1.82 B | ||
|
Genworth Financial
GNW
|
1.01 B | $ 8.16 | 0.87 % | $ 3.34 B | ||
|
Prudential Financial
PRU
|
13 B | $ 95.28 | 0.51 % | $ 33.5 B | ||
|
Globe Life
GL
|
71.9 M | $ 137.84 | -0.54 % | $ 11.2 B | ||
|
Unum Group
UNM
|
898 M | $ 74.08 | 0.33 % | $ 12.8 B | ||
|
Aflac Incorporated
AFL
|
3.25 B | $ 106.91 | 0.68 % | $ 57 B | ||
|
Citizens
CIA
|
53.7 M | $ 4.58 | 1.1 % | $ 228 M | ||
|
Brighthouse Financial
BHF
|
79 M | $ 60.42 | 0.26 % | $ 3.48 B | ||
|
MetLife
MET
|
560 M | $ 70.23 | 0.52 % | $ 47 B | ||
|
Manulife Financial Corporation
MFC
|
7.83 B | $ 34.64 | 0.64 % | $ 35.3 B | ||
|
Vericity
VERY
|
68.4 M | - | - | $ 170 M | ||
|
Lincoln National Corporation
LNC
|
2.65 B | $ 36.0 | 2.51 % | $ 6.58 B |