New China Life Insurance Co Ltd - Asset Resilience Ratio

Latest as of December 2022: 29.93%

New China Life Insurance Co Ltd (601336) has an Asset Resilience Ratio of 29.93% as of December 2022. 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. Check asset allocation strategy of New China Life Insurance Co Ltd to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥375.65 Billion
≈ $54.97 Billion USD Cash + Short-term Investments

Total Assets

CN¥1.26 Trillion
≈ $183.65 Billion USD All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2008–2022)

This chart shows how New China Life Insurance Co Ltd's Asset Resilience Ratio has changed over time. See debt-free asset ratio of New China Life Insurance Co Ltd to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down New China Life Insurance Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see how much is New China Life Insurance Co Ltd worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥375.65 Billion 29.93%
Total Liquid Assets CN¥375.65 Billion 29.93%

Asset Resilience Insights

  • Very High Liquidity: New China Life Insurance Co Ltd maintains exceptional liquid asset reserves at 29.93% 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 Co Ltd Industry Peers by Asset Resilience Ratio

Compare New China Life Insurance Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Prudential plc
F:PRU2
Insurance - Life 0.00%
Globe Life Inc
NYSE:GL
Insurance - Life 0.59%
Challenger Ltd
AU:CGF
Insurance - Life 2.14%
Clearview Wealth Ltd
AU:CVW
Insurance - Life 22.11%
Nobleoak Life Ltd
AU:NOL
Insurance - Life 11.03%
Hapvida Participações e Investimentos S.A.
SA:HAPV3
Insurance - Life 10.88%
Manulife Financial Corp
TO:MFC
Insurance - Life 3.54%
Great-West Lifeco Inc.
TO:GWO
Insurance - Life 3.37%

Annual Asset Resilience Ratio for New China Life Insurance Co Ltd (2008–2022)

The table below shows the annual Asset Resilience Ratio data for New China Life Insurance Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 29.93% CN¥375.65 Billion
≈ $54.97 Billion
CN¥1.26 Trillion
≈ $183.65 Billion
-5.84pp
2021-12-31 35.77% CN¥403.43 Billion
≈ $59.03 Billion
CN¥1.13 Trillion
≈ $165.02 Billion
-6.71pp
2020-12-31 42.48% CN¥426.70 Billion
≈ $62.44 Billion
CN¥1.00 Trillion
≈ $146.97 Billion
-1.58pp
2019-12-31 44.06% CN¥387.30 Billion
≈ $56.67 Billion
CN¥878.97 Billion
≈ $128.62 Billion
+3.06pp
2018-12-31 41.01% CN¥300.95 Billion
≈ $44.04 Billion
CN¥733.93 Billion
≈ $107.40 Billion
-4.10pp
2017-12-31 45.11% CN¥320.38 Billion
≈ $46.88 Billion
CN¥710.27 Billion
≈ $103.94 Billion
+4.59pp
2016-12-31 40.52% CN¥283.31 Billion
≈ $41.46 Billion
CN¥699.18 Billion
≈ $102.31 Billion
+7.68pp
2015-12-31 32.84% CN¥216.90 Billion
≈ $31.74 Billion
CN¥660.56 Billion
≈ $96.66 Billion
+5.57pp
2014-12-31 27.26% CN¥175.50 Billion
≈ $25.68 Billion
CN¥643.71 Billion
≈ $94.19 Billion
+4.66pp
2013-12-31 22.60% CN¥127.89 Billion
≈ $18.72 Billion
CN¥565.85 Billion
≈ $82.80 Billion
+5.52pp
2012-12-31 17.08% CN¥84.33 Billion
≈ $12.34 Billion
CN¥493.69 Billion
≈ $72.24 Billion
-1.76pp
2011-12-31 18.84% CN¥72.88 Billion
≈ $10.66 Billion
CN¥386.77 Billion
≈ $56.60 Billion
-5.68pp
2010-12-31 24.52% CN¥74.69 Billion
≈ $10.93 Billion
CN¥304.57 Billion
≈ $44.57 Billion
+0.61pp
2009-12-31 23.91% CN¥49.41 Billion
≈ $7.23 Billion
CN¥206.62 Billion
≈ $30.23 Billion
+1.49pp
2008-12-31 22.42% CN¥36.98 Billion
≈ $5.41 Billion
CN¥164.96 Billion
≈ $24.14 Billion
--
pp = percentage points

About New China Life Insurance Co Ltd

SHG:601336 China Insurance - Life
Market Cap
$17.57 Billion
CN¥120.10 Billion CNY
Market Cap Rank
#1438 Global
#134 in China
Share Price
CN¥57.59
Change (1 day)
-0.21%
52-Week Range
CN¥53.00 - CN¥85.01
All Time High
CN¥85.01
About

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