China Life Insurance Co Ltd A - Asset Resilience Ratio

Latest as of December 2023: 40.03%

China Life Insurance Co Ltd A (601628) has an Asset Resilience Ratio of 40.03% as of December 2023. 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. Also explore 601628 total assets for the complete picture of this company's asset base.

Liquid Assets

CN¥2.26 Trillion
≈ $331.15 Billion USD Cash + Short-term Investments

Total Assets

CN¥5.65 Trillion
≈ $827.32 Billion USD All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2006–2023)

This chart shows how China Life Insurance Co Ltd A's Asset Resilience Ratio has changed over time. See 601628 equity to assets ratio to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down China Life Insurance Co Ltd A'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 China Life Insurance Co Ltd A market cap and net worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥2.26 Trillion 40.03%
Total Liquid Assets CN¥2.26 Trillion 40.03%

Asset Resilience Insights

  • Very High Liquidity: China Life Insurance Co Ltd A maintains exceptional liquid asset reserves at 40.03% 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.

China Life Insurance Co Ltd A Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
Max Financial Services Limited
NSE:MFSL
Insurance - Life 0.29%
E-L Financial Corp Ltd
TO:ELF
Insurance - Life 1.41%
Challenger Ltd
AU:CGF
Insurance - Life 2.14%
Tongyang Life
KO:082640
Insurance - Life 64.40%
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%

Annual Asset Resilience Ratio for China Life Insurance Co Ltd A (2006–2023)

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

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 40.03% CN¥2.26 Trillion
≈ $331.15 Billion
CN¥5.65 Trillion
≈ $827.32 Billion
+6.93pp
2022-12-31 33.09% CN¥1.74 Trillion
≈ $254.34 Billion
CN¥5.25 Trillion
≈ $768.53 Billion
+3.88pp
2021-12-31 29.21% CN¥1.43 Trillion
≈ $209.15 Billion
CN¥4.89 Trillion
≈ $715.92 Billion
+0.63pp
2020-12-31 28.59% CN¥1.22 Trillion
≈ $177.88 Billion
CN¥4.25 Trillion
≈ $622.27 Billion
+0.17pp
2019-12-31 28.42% CN¥1.06 Trillion
≈ $154.96 Billion
CN¥3.73 Trillion
≈ $545.34 Billion
+1.67pp
2018-12-31 26.75% CN¥870.53 Billion
≈ $127.39 Billion
CN¥3.25 Trillion
≈ $476.22 Billion
-1.23pp
2017-12-31 27.98% CN¥810.73 Billion
≈ $118.64 Billion
CN¥2.90 Trillion
≈ $424.01 Billion
-0.44pp
2016-12-31 28.42% CN¥766.42 Billion
≈ $112.15 Billion
CN¥2.70 Trillion
≈ $394.65 Billion
-3.05pp
2015-12-31 31.47% CN¥770.52 Billion
≈ $112.75 Billion
CN¥2.45 Trillion
≈ $358.27 Billion
+4.43pp
2014-12-31 27.04% CN¥607.53 Billion
≈ $88.90 Billion
CN¥2.25 Trillion
≈ $328.74 Billion
+2.13pp
2013-12-31 24.91% CN¥491.53 Billion
≈ $71.93 Billion
CN¥1.97 Trillion
≈ $288.70 Billion
-1.76pp
2012-12-31 26.67% CN¥506.42 Billion
≈ $74.10 Billion
CN¥1.90 Trillion
≈ $277.87 Billion
-8.87pp
2011-12-31 35.54% CN¥562.95 Billion
≈ $82.38 Billion
CN¥1.58 Trillion
≈ $231.78 Billion
-3.32pp
2010-12-31 38.86% CN¥548.12 Billion
≈ $80.21 Billion
CN¥1.41 Trillion
≈ $206.41 Billion
-3.34pp
2009-12-31 42.20% CN¥517.50 Billion
≈ $75.73 Billion
CN¥1.23 Trillion
≈ $179.44 Billion
-0.83pp
2008-12-31 43.03% CN¥424.94 Billion
≈ $62.18 Billion
CN¥987.49 Billion
≈ $144.50 Billion
-3.64pp
2007-12-31 46.67% CN¥417.51 Billion
≈ $61.10 Billion
CN¥894.60 Billion
≈ $130.91 Billion
+13.74pp
2006-12-31 32.93% CN¥239.46 Billion
≈ $35.04 Billion
CN¥727.09 Billion
≈ $106.40 Billion
--
pp = percentage points

About China Life Insurance Co Ltd A

SHG:601628 China Insurance - Life
Market Cap
$101.29 Billion
CN¥692.17 Billion CNY
Market Cap Rank
#246 Global
#13 in China
Share Price
CN¥33.24
Change (1 day)
-1.01%
52-Week Range
CN¥33.24 - CN¥51.03
All Time High
CN¥51.03
About

China Life Insurance Company Limited, together with its subsidiaries, operates as a life insurance company in the People's Republic of China. The company operates through: Life Insurance Business, Health Insurance Business, Accident Insurance Business, and Other Businesses segments. It offers life, annuity, health, and accident insurance products to individuals and groups. The company was founded… Read more