Ping An Insurance (Group) Company of China Ltd (PZX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ping An Insurance (Group) Company of China Ltd (PZX) has a cash flow conversion efficiency ratio of -0.038x as of June 2023. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€-47.69 Billion) by net assets (€1.24 Trillion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ping An Insurance (Group) Company of China Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Ping An Insurance (Group) Company of China Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Ping An Insurance (Group) Company of China Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ping An Insurance (Group) Company of China Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Wesfarmers Ltd
AU:WES
|
0.317x |
|
Baker Hughes Co
NASDAQ:BKR
|
0.087x |
|
Vale S.A
F:CVLB
|
0.079x |
|
Tokio Marine Holdings, Inc.
F:MH6A
|
N/A |
|
Realty Income Corporation
NYSE:O
|
0.024x |
|
Nu Holdings Ltd
NYSE:NU
|
0.221x |
|
AmerisourceBergen Corporation
STU:ABG
|
-1.100x |
|
Aflac Incorporated
NYSE:AFL
|
0.042x |
Annual Cash Flow Conversion Efficiency for Ping An Insurance (Group) Company of China Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of Ping An Insurance (Group) Company of China Ltd from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €1.30 Trillion | €382.47 Billion | 0.293x | -0.04% |
| 2023-12-31 | €1.23 Trillion | €360.40 Billion | 0.293x | -29.07% |
| 2022-12-31 | €1.18 Trillion | €485.90 Billion | 0.413x | +394.43% |
| 2021-12-31 | €1.08 Trillion | €90.12 Billion | 0.084x | -73.53% |
| 2020-12-31 | €987.90 Billion | €312.07 Billion | 0.316x | +7.94% |
| 2019-12-31 | €852.37 Billion | €249.44 Billion | 0.293x | -3.00% |
| 2018-12-31 | €683.64 Billion | €206.26 Billion | 0.302x | +46.25% |
| 2017-12-31 | €587.92 Billion | €121.28 Billion | 0.206x | -55.95% |
| 2016-12-31 | €486.46 Billion | €227.82 Billion | 0.468x | +42.82% |
| 2015-12-31 | €413.57 Billion | €135.62 Billion | 0.328x | -31.86% |
| 2014-12-31 | €353.82 Billion | €170.26 Billion | 0.481x | -49.39% |
| 2013-12-31 | €239.71 Billion | €227.92 Billion | 0.951x | -- |
About Ping An Insurance (Group) Company of China Ltd
Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for life insurance, property and casualty insurance, trust, securities, banking, and other businesses in the People's Republic of China. It operates through Life and Health Insurance; Property and Casualty Insurance; Banking; Asset Management; and Finance Enablement segments. The company offers life insuranc… Read more