EN DE
STOCK COMPARISON

Hainan Airlines Co Ltd B vs China Life Insurance Co Ltd A: Fair Value & Quality

Both stocks run through our valuation models. Here is how Hainan Airlines Co Ltd B (900945) and China Life Insurance Co Ltd A (601628) compare, as of Aug 14, 2026.

As of Aug 14, 2026, Fair Value Calculator sees China Life Insurance Co Ltd A as the more attractively valued of the two: Hainan Airlines Co Ltd B trades at ¥0.21 versus a fair value of ¥0.12 (-43%), while China Life Insurance Co Ltd A trades at ¥36.84 versus ¥49.98 (+36%).
Hainan Airlines Co Ltd B
900945.SHG · CNY · Industrials
-43%
upside to fair value
overvalued
Price¥0.21
Fair Value¥0.12
Quality52/100
China Life Insurance Co Ltd A
601628.SHG · CNY · Financials
+36%
upside to fair value
undervalued
Price¥36.84
Fair Value¥49.98
Quality63/100

Head-to-head numbers

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

Hainan Airlines Co Ltd BChina Life Insurance Co Ltd A
Valuation
20.7×P/E (TTM)7.3×
P/S (TTM)3.09×
P/B1.78×
EV/EBITDA6.0×
PEG0.68×
Dividend yield2.3%
Dividend per share¥0.86
Profitability
5%Net margin42%
9%Operating margin38%
78%Return on equity25%
2%Return on assets2%
Growth
5%Revenue growth (YoY)-15%
44.1%Avg. growth/yr (3Y)-9.5%
18.4%Avg. growth/yr (5Y)-4.8%
Balance & size
7.90×Debt / equity0.06×
$9BMarket cap$157B
healthyGrowth qualityweak

Hainan Airlines Co Ltd B leads: 5 to 4 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.

Hainan Airlines Co Ltd Bof which business quality 50 · market factors 36 China Life Insurance Co Ltd Aof which business quality 57 · market factors 37
ProfitabilityMargins and returns on capital today
36
47
Quality GrowthAre margins and returns improving?
40
68
CashflowEarnings quality: real cash, not paper profit
88
100
Fin. StrengthBalance sheet, leverage, solvency risk
7
1
InvestmentDisciplined investing over empire-building
59
59
Low VolatilityCalm price path (market factor)
93
68
MomentumPrice trend over the last 3–12 months (market factor)
13
26
52W MomentumDistance to the 52-week high (market factor)
9
21
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.

Hainan Airlines Co Ltd B

DCF Models¥4.14
Earnings-Based¥0.62
Multiples¥0.87
Asset-Based¥0.08
Growth DCF¥4.34
Economic Profit¥0.46
Growth Earnings¥0.94

1 of 24 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.

Hainan Airlines Co Ltd B
Bear ¥0.09Fair Value ¥0.12Bull ¥0.18
¥0.21 = current price (white tick)
China Life Insurance Co Ltd A
Bear ¥37.48Fair Value ¥49.98Bull ¥62.47
¥36.84 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

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

Hainan Airlines Co Ltd B · Industrials

Quality score52 · below median
Fair value upside-43% · below median

China Life Insurance Co Ltd A · Financials

Quality score63 · Top 25%
Fair value upside+36% · above median

Bottom line

As of Aug 14, 2026, Fair Value Calculator sees China Life Insurance Co Ltd A as the more attractively valued of the two: Hainan Airlines Co Ltd B trades at ¥0.21 versus a fair value of ¥0.12 (-43%), while China Life Insurance Co Ltd A trades at ¥36.84 versus ¥49.98 (+36%).

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

See the full analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

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