Ping An Insurance Group Co of China Ltd (601318) - Total Assets

Latest as of September 2025: CN¥13.65 Trillion CNY ≈ $2.00 Trillion USD

Based on the latest financial reports, Ping An Insurance Group Co of China Ltd (601318) holds total assets worth CN¥13.65 Trillion CNY (≈ $2.00 Trillion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Ping An Insurance Group Co of China Ltd - Total Assets Trend (2003–2024)

This chart illustrates how Ping An Insurance Group Co of China Ltd's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Ping An Insurance Group Co of China Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Ping An Insurance Group Co of China Ltd's total assets of CN¥13.65 Trillion consist of 0.0% current assets and 0.0% non-current assets.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	7.3%
Accounts Receivable	CN¥246.18 Billion	1.9%
Inventory	CN¥0.00	0.0%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥31.39 Billion	0.2%
Goodwill	CN¥43.54 Billion	0.3%

Asset Composition Trend (2003–2024)

This chart illustrates how Ping An Insurance Group Co of China Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Ping An Insurance Group Co of China Ltd's current assets represent 0.0% of total assets in 2024, unchanged from 0.0% in 2003.
Cash Position: Cash and equivalents constituted 7.3% of total assets in 2024, down from 47.0% in 2003.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
Asset Diversification: The largest asset category is accounts receivable at 1.9% of total assets.

Ping An Insurance Group Co of China Ltd Competitors by Total Assets

Key competitors of Ping An Insurance Group Co of China Ltd based on total assets are shown below.

Company	Country	Total Assets
Prudential plc MX:PUKN	Mexico	MX$199.12 Billion
Prudential plc F:PRU2	Germany	€199.12 Billion
New China Life Insurance Co Ltd SHG:601336	China	CN¥1.83 Trillion
ICICI Prudential Life Insurance Company Limited NSE:ICICIPRULI	India	Rs3.34 Trillion
Hapvida Participações e Investimentos S.A. SA:HAPV3	Brazil	R$72.29 Billion
Nobleoak Life Ltd AU:NOL	Australia	AU$567.29 Million
Challenger Ltd AU:CGF	Australia	AU$35.37 Billion
Clearview Wealth Ltd AU:CVW	Australia	AU$1.07 Billion

Ping An Insurance Group Co of China Ltd - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric	Current	1 Year Ago	5 Years Ago
Current Ratio	1.71	1.22	10.80
Quick Ratio	1.71	1.22	10.80
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥1.49 Trillion	CN¥495.57 Billion	CN¥2.14 Trillion

Ping An Insurance Group Co of China Ltd - Advanced Valuation Insights

This section examines the relationship between Ping An Insurance Group Co of China Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio	1.20
Latest Market Cap to Assets Ratio	0.01
Asset Growth Rate (YoY)	11.9%
Total Assets	CN¥12.96 Trillion
Market Capitalization	$90.13 Billion USD

Valuation Analysis

Below Book Valuation: The market values Ping An Insurance Group Co of China Ltd's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Ping An Insurance Group Co of China Ltd's assets grew by 11.9% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Ping An Insurance Group Co of China Ltd (2003–2024)

The table below shows the annual total assets of Ping An Insurance Group Co of China Ltd from 2003 to 2024.

Year	Total Assets	Change
2024-12-31	CN¥12.96 Trillion ≈ $1.90 Trillion	+11.87%
2023-12-31	CN¥11.58 Trillion ≈ $1.70 Trillion	+5.21%
2022-12-31	CN¥11.01 Trillion ≈ $1.61 Trillion	+8.56%
2021-12-31	CN¥10.14 Trillion ≈ $1.48 Trillion	+6.45%
2020-12-31	CN¥9.53 Trillion ≈ $1.39 Trillion	+15.87%
2019-12-31	CN¥8.22 Trillion ≈ $1.20 Trillion	+15.12%
2018-12-31	CN¥7.14 Trillion ≈ $1.05 Trillion	+10.01%
2017-12-31	CN¥6.49 Trillion ≈ $950.14 Billion	+16.43%
2016-12-31	CN¥5.58 Trillion ≈ $816.08 Billion	+17.03%
2015-12-31	CN¥4.77 Trillion ≈ $697.29 Billion	+18.95%
2014-12-31	CN¥4.01 Trillion ≈ $586.19 Billion	+19.21%
2013-12-31	CN¥3.36 Trillion ≈ $491.72 Billion	+18.14%
2012-12-31	CN¥2.84 Trillion ≈ $416.21 Billion	+24.45%
2011-12-31	CN¥2.29 Trillion ≈ $334.43 Billion	+95.06%
2010-12-31	CN¥1.17 Trillion ≈ $171.45 Billion	+25.21%
2009-12-31	CN¥935.71 Billion ≈ $136.92 Billion	+32.81%
2008-12-31	CN¥704.56 Billion ≈ $103.10 Billion	+8.17%
2007-12-31	CN¥651.34 Billion ≈ $95.31 Billion	+40.59%
2006-12-31	CN¥463.29 Billion ≈ $67.79 Billion	+60.81%
2005-12-31	CN¥288.10 Billion ≈ $42.16 Billion	+20.56%
2004-12-31	CN¥238.97 Billion ≈ $34.97 Billion	+30.83%
2003-12-31	CN¥182.66 Billion ≈ $26.73 Billion	--

About Ping An Insurance Group Co of China Ltd

SHG:601318 China Insurance - Life

Market Cap

$90.13 Billion

CN¥615.94 Billion CNY

Market Cap Rank

#283 Global

#14 in China

Share Price

CN¥57.78

Change (1 day)

-0.17%

52-Week Range

CN¥50.71 - CN¥74.32

All Time High

CN¥82.76