New China Life Insurance Co Ltd (601336) — Defensive Interval Ratio

Latest as of December 2024: 14 days

New China Life Insurance Co Ltd (601336) has a Defensive Interval Ratio of 14 days as of December 2024. Defensive assets of CN¥8.84 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥8.84 Billion) cover 14 days of daily cash needs of CN¥624.98 Million/day. Check New China Life Insurance Co Ltd (601336) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

14 days
Days of operational coverage

Defensive Assets

CN¥8.84 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥624.98 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥228.12 Billion
CNY

New China Life Insurance Co Ltd Defensive Interval Ratio (2008–2024)

This chart shows how New China Life Insurance Co Ltd's Defensive Interval Ratio has evolved across 16 annual periods from 2008 to 2024. As of December 2024, the ratio stands at 14 days, meaning defensive assets of CN¥8.84 Billion can fund 14 days of operations without new revenue. Also explore net asset momentum of New China Life Insurance Co Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for New China Life Insurance Co Ltd (2008–2024)

The table below presents the year-by-year Defensive Interval Ratio for New China Life Insurance Co Ltd from 2008 to 2024, covering 16 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see 601336 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 14 days CN¥8.84 Billion CN¥624.98 Million/day CN¥- CN¥- ▼ -24236 days
2022 24250 days CN¥402.62 Billion CN¥16.60 Million/day CN¥- CN¥375.65 Billion ▲ +22391 days
2021 1859 days CN¥426.16 Billion CN¥229.23 Million/day CN¥- CN¥403.43 Billion ▼ -21565 days
2020 23425 days CN¥432.68 Billion CN¥18.47 Million/day CN¥- CN¥426.70 Billion ▼ -591 days
2019 24015 days CN¥389.77 Billion CN¥16.23 Million/day CN¥- CN¥387.30 Billion ▲ +4850 days
2018 19166 days CN¥303.50 Billion CN¥15.84 Million/day CN¥- CN¥300.95 Billion ▼ -15377 days
2017 34543 days CN¥323.00 Billion CN¥9.35 Million/day CN¥- CN¥320.38 Billion ▲ +1641 days
2016 32901 days CN¥285.30 Billion CN¥8.67 Million/day CN¥- CN¥283.31 Billion ▼ -13667 days
2015 46569 days CN¥219.32 Billion CN¥4.71 Million/day CN¥- CN¥216.90 Billion ▼ -257 days
2014 46826 days CN¥175.50 Billion CN¥3.75 Million/day CN¥- CN¥175.50 Billion ▲ +744 days
2013 46083 days CN¥127.89 Billion CN¥2.78 Million/day CN¥- CN¥127.89 Billion ▲ +8635 days
2012 37448 days CN¥84.33 Billion CN¥2.25 Million/day CN¥- CN¥84.33 Billion ▼ -12740 days
2011 50188 days CN¥72.88 Billion CN¥1.45 Million/day CN¥- CN¥72.88 Billion ▼ -18481 days
2010 68669 days CN¥74.69 Billion CN¥1.09 Million/day CN¥- CN¥74.69 Billion ▲ +15785 days
2009 52883 days CN¥49.41 Billion CN¥934.25K/day CN¥- CN¥49.41 Billion ▼ -2892 days
2008 55776 days CN¥36.98 Billion CN¥663.01K/day CN¥- CN¥36.98 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)