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STOCK COMPARISON

COFCO Capital Holdings Co vs China Life Insurance Co Ltd A: Fair Value & Quality

Both stocks run through our valuation models. Here is how COFCO Capital Holdings Co (002423) and China Life Insurance Co Ltd A (601628) compare, as of Aug 10, 2026.

As of Aug 10, 2026, Fair Value Calculator sees China Life Insurance Co Ltd A as the more attractively valued of the two: COFCO Capital Holdings Co trades at ¥9.11 versus a fair value of ¥6.88 (-24%), while China Life Insurance Co Ltd A trades at ¥38.57 versus ¥70.87 (+84%).
COFCO Capital Holdings Co
002423.SHE · CNY · Energy
-24%
upside to fair value
overvalued
Price¥9.11
Fair Value¥6.88
Quality56/100
China Life Insurance Co Ltd A
601628.SHG · CNY · Financials
+84%
upside to fair value
undervalued
Price¥38.57
Fair Value¥70.87
Quality63/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

COFCO Capital Holdings CoChina Life Insurance Co Ltd A
Valuation
20.6×P/E (TTM)7.3×
2.65×P/S (TTM)3.09×
0.92×P/B1.78×
3.9×EV/EBITDA6.0×
PEG0.68×
1.6%Dividend yield2.3%
¥0.15Dividend per share¥0.86
Profitability
13%Net margin42%
28%Operating margin38%
4%Return on equity25%
1%Return on assets2%
Growth
-10%Revenue growth (YoY)-15%
8.6%Avg. growth/yr (3Y)-9.5%
17.5%Avg. growth/yr (5Y)-4.8%
Balance & size
0.09×Debt / equity0.06×
$3BMarket cap$157B
healthyGrowth qualityweak

China Life Insurance Co Ltd A leads: 6 to 7 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

COFCO Capital Holdings Coof which business quality 54 · market factors 34 China Life Insurance Co Ltd Aof which business quality 57 · market factors 43
ProfitabilityMargins and returns on capital today
23
47
Quality GrowthAre margins and returns improving?
39
68
CashflowEarnings quality: real cash, not paper profit
100
100
Fin. StrengthBalance sheet, leverage, solvency risk
26
1
InvestmentDisciplined investing over empire-building
64
59
Low VolatilityCalm price path (market factor)
82
68
MomentumPrice trend over the last 3–12 months (market factor)
17
33
52W MomentumDistance to the 52-week high (market factor)
7
31
Net IssuanceBuybacks instead of dilution
82
82

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

COFCO Capital Holdings Co

Dividend Discount¥4.70
Multiples¥7.62
Asset-Based¥6.61
Economic Profit¥7.74

6 of 6 models see the stock below the current price.

China Life Insurance Co Ltd A

Dividend Discount¥17.98
Multiples¥50.18
Asset-Based¥14.11
Economic Profit¥57.79

4 of 6 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

COFCO Capital Holdings Co
Bear ¥5.16Fair Value ¥6.88Bull ¥8.60
¥9.11 = current price (white tick)
China Life Insurance Co Ltd A
Bear ¥53.15Fair Value ¥70.87Bull ¥88.58
¥38.57 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

COFCO Capital Holdings Co · Energy

Quality score56 · above median
Fair value upside-24% · below median

China Life Insurance Co Ltd A · Financials

Quality score63 · Top 25%
Fair value upside+84% · Top 25%

Bottom line

As of Aug 10, 2026, Fair Value Calculator sees China Life Insurance Co Ltd A as the more attractively valued of the two: COFCO Capital Holdings Co trades at ¥9.11 versus a fair value of ¥6.88 (-24%), while China Life Insurance Co Ltd A trades at ¥38.57 versus ¥70.87 (+84%).

China Life Insurance Co Ltd A has the higher quality score (63/100).

See the full analysis →

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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.