New China Life Insurance Company Ltd
New China Life Insurance Company Ltd. provides life insurance products and services to individuals and institutions in China. The company operates through three segments: Traditional insurance, Participating insurance, and Other Business. It provides life insurance, health insurance, and accident insurance products and services. The company also offers asset management, investment management, tra… Read more
New China Life Insurance Company Ltd - Asset Resilience Ratio
New China Life Insurance Company Ltd (NWWCF) has an Asset Resilience Ratio of 75.53% as of September 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2008–2023)
This chart shows how New China Life Insurance Company Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down New China Life Insurance Company Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $1.26 Trillion | 75.53% |
| Total Liquid Assets | $1.26 Trillion | 75.53% |
Asset Resilience Insights
- Very High Liquidity: New China Life Insurance Company Ltd maintains exceptional liquid asset reserves at 75.53% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
New China Life Insurance Company Ltd Industry Peers by Asset Resilience Ratio
Compare New China Life Insurance Company Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Hubei Biocause Pharmaceutical
SHE:000627 |
Insurance - Life | 0.78% |
|
COFCO Capital Holdings Co Ltd
SHE:002423 |
Insurance - Life | 17.56% |
|
Samsung Life
KO:032830 |
Insurance - Life | 56.65% |
|
Tongyang Life
KO:082640 |
Insurance - Life | 64.40% |
|
Mirae Asset Life Insurance Co Ltd
KO:085620 |
Insurance - Life | 37.10% |
|
Hanwha Life
KO:088350 |
Insurance - Life | 69.64% |
|
Manulife Holdings Bhd
KLSE:1058 |
Insurance - Life | 48.30% |
|
Mercuries Life Insurance Co Ltd
TW:2867 |
Insurance - Life | 0.73% |
Annual Asset Resilience Ratio for New China Life Insurance Company Ltd (2008–2023)
The table below shows the annual Asset Resilience Ratio data for New China Life Insurance Company Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 30.22% | $424.08 Billion | $1.40 Trillion | +0.29pp |
| 2022-12-31 | 29.93% | $375.65 Billion | $1.26 Trillion | -5.84pp |
| 2021-12-31 | 35.77% | $403.43 Billion | $1.13 Trillion | -6.71pp |
| 2020-12-31 | 42.48% | $426.70 Billion | $1.00 Trillion | -1.58pp |
| 2019-12-31 | 44.06% | $387.30 Billion | $878.97 Billion | +3.06pp |
| 2018-12-31 | 41.01% | $300.95 Billion | $733.93 Billion | -4.10pp |
| 2017-12-31 | 45.11% | $320.38 Billion | $710.27 Billion | +4.59pp |
| 2016-12-31 | 40.52% | $283.31 Billion | $699.18 Billion | +7.68pp |
| 2015-12-31 | 32.84% | $216.90 Billion | $660.56 Billion | +5.57pp |
| 2014-12-31 | 27.26% | $175.50 Billion | $643.71 Billion | +4.66pp |
| 2013-12-31 | 22.60% | $127.89 Billion | $565.85 Billion | +5.52pp |
| 2012-12-31 | 17.08% | $84.33 Billion | $493.69 Billion | -1.76pp |
| 2011-12-31 | 18.84% | $72.88 Billion | $386.77 Billion | -5.68pp |
| 2010-12-31 | 24.52% | $74.69 Billion | $304.57 Billion | +0.61pp |
| 2009-12-31 | 23.91% | $49.41 Billion | $206.62 Billion | +1.49pp |
| 2008-12-31 | 22.42% | $36.98 Billion | $164.96 Billion | -- |