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STOCK COMPARISON

China Life Insurance Co Ltd A vs T&D Holdings Inc: Fair Value & Quality

Both stocks run through our valuation models. Here is how China Life Insurance Co Ltd A (601628) and T&D Holdings Inc (TDHOY) compare, as of Sep 25, 2026.

As of Sep 25, 2026, Fair Value Calculator sees China Life Insurance Co Ltd A as the more attractively valued of the two: China Life Insurance Co Ltd A trades at ¥37.43 versus a fair value of ¥49.98 (+34%), while T&D Holdings Inc trades at $16.98 versus $10.41 (-39%).
China Life Insurance Co Ltd A
601628.SHG · CNY · Financials
+34%
upside to fair value
undervalued
Price¥37.43
Fair Value¥49.98
Quality63/100
T&D Holdings Inc
TDHOY · USD · Financials
-39%
upside to fair value
overvalued
Price$16.98
Fair Value$10.41
Quality55/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

China Life Insurance Co Ltd AT&D Holdings Inc
Valuation
4.3×P/E (TTM)19.5×
2.32×P/S (TTM)0.92×
1.78×P/B1.65×
3.4×EV/EBITDA2.2×
0.68×PEGn/a
+33.5%Fair value upside−38.7%
2.6%Dividend yield2.2%
¥0.98Dividend per share$130
Profitability
77%Operating margin63%
4.26×EBIT margin trend (5Y)1.03×
41%Return on equity10%
3%Return on assets2%
Growth
154%Revenue growth (YoY)10%
-9.5%Avg. growth/yr (3Y)12.6%
-4.8%Avg. growth/yr (5Y)7.4%
+30.8%Value creation/yr+24.3%
Balance & size
43.7×Interest coverage (EBIT/interest)26.1×
0.06×Debt / equity0.14×
$158BMarket cap$17B
weakGrowth qualityhealthy

China Life Insurance Co Ltd A leads: 9 to 6 metric wins.

n/a = 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.

China Life Insurance Co Ltd Aof which business quality 57 · market factors 44 T&D Holdings Incof which business quality 51 · market factors 79
ProfitabilityMargins and returns on capital today
47
23
Quality GrowthAre margins and returns improving?
68
53
CashflowEarnings quality: real cash, not paper profit
100
49
Fin. StrengthBalance sheet, leverage, solvency risk
1
37
InvestmentDisciplined investing over empire-building
59
68
Low VolatilityCalm price path (market factor)
67
68
MomentumPrice trend over the last 3–12 months (market factor)
39
78
52W MomentumDistance to the 52-week high (market factor)
27
94
Net IssuanceShare count: buybacks or dilution?
82
100

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyChina Life Insurance Co Ltd APrice ¥37.43T&D Holdings IncPrice $16.98
Dividend Discount-56%below the price¥16.56n/a
Multiples+34%above the price¥50.18+12733%above the price$2,179
Asset-Based-62%below the price¥14.11+6557%above the price$1,130
Economic Profit+46%above the price¥54.77+9233%above the price$1,585
Minimum-62%below the price¥14.11+6557%above the price$1,130
Maximum+46%above the price¥54.77+12733%above the price$2,179
Median-11%close to the price¥33.37+9233%above the price$1,585
Geometric mean-24%below the price¥28.31+9173%above the price$1,574

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

China Life Insurance Co Ltd A: 4 of 6 models see the stock below the current price.

T&D Holdings Inc: 0 of 4 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

China Life Insurance Co Ltd A
Price ¥37.43
Fair Value ¥49.98
Bear ¥36.37Bull ¥62.47
T&D Holdings Inc
Price $16.98
Fair Value $10.41
Bear $9.40Bull $16.28

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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.

China Life Insurance Co Ltd A · Financials

Quality score63 · Top 25%
Fair value upside+34% · above median

T&D Holdings Inc · Financials

Quality score55 · above median
Fair value upside-39% · bottom 25%

Bottom line

As of Sep 25, 2026, Fair Value Calculator sees China Life Insurance Co Ltd A as the more attractively valued of the two: China Life Insurance Co Ltd A trades at ¥37.43 versus a fair value of ¥49.98 (+34%), while T&D Holdings Inc trades at $16.98 versus $10.41 (-39%).

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

Open China Life Insurance Co Ltd A live analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.