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

Latest as of September 2025: CN¥12.28 Trillion CNY ≈ $1.80 Trillion USD

Based on the latest financial reports, Ping An Insurance Group Co of China Ltd (601318) has total liabilities worth CN¥12.28 Trillion CNY (≈ $1.80 Trillion USD) as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Also explore 601318 shareholders equity momentum to track the company's year-over-year net asset growth rate.

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

This chart illustrates how Ping An Insurance Group Co of China Ltd's total liabilities have evolved over time, based on quarterly financial data. See Ping An Insurance Group Co of China Ltd free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

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

The table below lists competitors of Ping An Insurance Group Co of China Ltd ranked by their total liabilities.

Company	Country	Total Liabilities
PNC Financial Services Group Inc NYSE:PNC	USA	$539.35 Billion
Johnson Controls International PLC NYSE:JCI	USA	$24.81 Billion
National Grid PLC ADR NYSE:NGG	USA	$66.54 Billion
U.S. Bancorp NYSE:USB	USA	$631.56 Billion
Comcast Corp NASDAQ:CMCSA	USA	$171.67 Billion
Marsh & McLennan Companies, Inc. NYSE:MRSH	USA	$43.40 Billion
Sherwin-Williams Co NYSE:SHW	USA	$21.30 Billion
AXA SA PA:CS	France	€586.00 Billion

Liability Composition Analysis (2003–2024)

This chart breaks down Ping An Insurance Group Co of China Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Ping An Insurance Group Co of China Ltd stock valuation.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	N/A	Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio	N/A	More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio	N/A	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	12.45	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.90	Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Ping An Insurance Group Co of China Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

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

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

Year	Total Liabilities	Change
2024-12-31	CN¥11.65 Trillion ≈ $1.71 Trillion	+12.54%
2023-12-31	CN¥10.35 Trillion ≈ $1.52 Trillion	+5.40%
2022-12-31	CN¥9.82 Trillion ≈ $1.44 Trillion	+8.38%
2021-12-31	CN¥9.06 Trillion ≈ $1.33 Trillion	+6.14%
2020-12-31	CN¥8.54 Trillion ≈ $1.25 Trillion	+15.87%
2019-12-31	CN¥7.37 Trillion ≈ $1.08 Trillion	+14.11%
2018-12-31	CN¥6.46 Trillion ≈ $945.20 Billion	+9.38%
2017-12-31	CN¥5.91 Trillion ≈ $864.11 Billion	+16.00%
2016-12-31	CN¥5.09 Trillion ≈ $744.89 Billion	+16.98%
2015-12-31	CN¥4.35 Trillion ≈ $636.77 Billion	+19.15%
2014-12-31	CN¥3.65 Trillion ≈ $534.42 Billion	+17.03%
2013-12-31	CN¥3.12 Trillion ≈ $456.64 Billion	+18.45%
2012-12-31	CN¥2.63 Trillion ≈ $385.53 Billion	+24.62%
2011-12-31	CN¥2.11 Trillion ≈ $309.36 Billion	+100.44%
2010-12-31	CN¥1.05 Trillion ≈ $154.34 Billion	+24.97%
2009-12-31	CN¥843.97 Billion ≈ $123.50 Billion	+32.41%
2008-12-31	CN¥637.40 Billion ≈ $93.27 Billion	+17.58%
2007-12-31	CN¥542.13 Billion ≈ $79.33 Billion	+30.11%
2006-12-31	CN¥416.66 Billion ≈ $60.97 Billion	+63.45%
2005-12-31	CN¥254.91 Billion ≈ $37.30 Billion	+22.36%
2004-12-31	CN¥208.34 Billion ≈ $30.49 Billion	+24.44%
2003-12-31	CN¥167.41 Billion ≈ $24.50 Billion	--

About Ping An Insurance Group Co of China Ltd

SHG:601318 China Insurance - Life

Market Cap

$85.64 Billion

CN¥585.24 Billion CNY

Market Cap Rank

#307 Global

#16 in China

Share Price

CN¥54.90

Change (1 day)

-1.61%

52-Week Range

CN¥47.23 - CN¥74.32

All Time High

CN¥82.76