China Life Insurance Co Ltd A - Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
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About China Life Insurance Co Ltd A
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