Ping An Insurance Group Co of China Ltd (601318) — Tangible Net Worth Ratio
Ping An Insurance Group Co of China Ltd (601318) has a Tangible Net Worth Ratio of 98.4% as of September 2025. This metric is calculated by deducting intangible assets (CN¥22.50 Billion) from net assets (CN¥1.37 Trillion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See how liquid is Ping An Insurance Group Co of China Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ping An Insurance Group Co of China Ltd Tangible Net Worth Ratio (2003–2024)
This chart shows how Ping An Insurance Group Co of China Ltd's Tangible Net Worth Ratio has changed across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at 98.4%, reflecting net assets of CN¥1.37 Trillion with intangible assets of CN¥22.50 Billion CNY. See how many days can Ping An Insurance Group Co of China Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Ping An Insurance Group Co of China Ltd (2003–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Ping An Insurance Group Co of China Ltd from 2003 to 2024, covering 22 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see 601318 market cap overview.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.6% | CN¥1.30 Trillion | CN¥31.39 Billion | CN¥12.96 Trillion | ▲ +0.2 pp |
| 2023 | 97.3% | CN¥1.23 Trillion | CN¥32.61 Billion | CN¥11.58 Trillion | ▲ +0.2 pp |
| 2022 | 97.2% | CN¥1.19 Trillion | CN¥33.46 Billion | CN¥11.01 Trillion | ▼ -0.1 pp |
| 2021 | 97.2% | CN¥1.08 Trillion | CN¥29.64 Billion | CN¥10.14 Trillion | ▲ +0.0 pp |
| 2020 | 97.2% | CN¥987.90 Billion | CN¥27.49 Billion | CN¥9.53 Trillion | ▲ +0.5 pp |
| 2019 | 96.7% | CN¥852.37 Billion | CN¥27.79 Billion | CN¥8.22 Trillion | ▲ +1.0 pp |
| 2018 | 95.7% | CN¥683.64 Billion | CN¥29.38 Billion | CN¥7.14 Trillion | ▲ +1.4 pp |
| 2017 | 94.3% | CN¥587.92 Billion | CN¥33.43 Billion | CN¥6.49 Trillion | ▲ +1.8 pp |
| 2016 | 92.5% | CN¥486.46 Billion | CN¥36.55 Billion | CN¥5.58 Trillion | ▼ -0.3 pp |
| 2015 | 92.8% | CN¥413.57 Billion | CN¥29.77 Billion | CN¥4.77 Trillion | ▲ +1.5 pp |
| 2014 | 91.3% | CN¥353.82 Billion | CN¥30.79 Billion | CN¥4.01 Trillion | ▲ +4.7 pp |
| 2013 | 86.6% | CN¥239.71 Billion | CN¥32.10 Billion | CN¥3.36 Trillion | ▼ -1.2 pp |
| 2012 | 87.8% | CN¥209.65 Billion | CN¥25.57 Billion | CN¥2.84 Trillion | ▲ +2.0 pp |
| 2011 | 85.8% | CN¥171.34 Billion | CN¥24.25 Billion | CN¥2.29 Trillion | ▼ -6.3 pp |
| 2010 | 92.2% | CN¥116.88 Billion | CN¥9.13 Billion | CN¥1.17 Trillion | ▲ +5.1 pp |
| 2009 | 87.1% | CN¥91.74 Billion | CN¥11.84 Billion | CN¥935.71 Billion | ▲ +1.2 pp |
| 2008 | 85.9% | CN¥67.16 Billion | CN¥9.50 Billion | CN¥704.56 Billion | ▼ -10.8 pp |
| 2007 | 96.7% | CN¥109.22 Billion | CN¥3.62 Billion | CN¥651.34 Billion | ▼ -3.0 pp |
| 2006 | 99.7% | CN¥46.63 Billion | CN¥158.51 Million | CN¥463.29 Billion | ▲ +0.1 pp |
| 2005 | 99.5% | CN¥33.19 Billion | CN¥152.00 Million | CN¥288.10 Billion | ▼ -0.1 pp |
| 2004 | 99.6% | CN¥30.63 Billion | CN¥110.00 Million | CN¥238.97 Billion | ▲ +0.3 pp |
| 2003 | 99.4% | CN¥15.24 Billion | CN¥98.00 Million | CN¥182.66 Billion | — |