Ping An Insurance Group Co of China Ltd (601318) - Total Liabilities
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. Explore how much of Ping An Insurance Group Co of China Ltd's assets are long-term investments to see how much of total assets are deployed in long-term investments.
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. For the complete balance sheet picture, see 601318 asset base.
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 |
|---|---|---|
|
Barclays PLC
MX:BCSN
|
Mexico | MX$1.65 Trillion |
|
3M Company
NYSE:MMM
|
USA | $31.92 Billion |
|
ASE Industrial Holding Co Ltd
TW:3711
|
Taiwan | NT$576.38 Billion |
|
Industrial and Commercial Bank of China Limited
F:ICK
|
Germany | €51.42 Trillion |
|
Westpac Banking Corporation
AU:WBC
|
Australia | AU$1.10 Trillion |
|
Medtronic PLC
XETRA:2M6
|
Germany | €42.96 Billion |
|
MercadoLibre Inc.
NASDAQ:MELI
|
USA | $39.65 Billion |
|
NetEase Inc
MX:NTESN
|
Mexico | MX$53.56 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. See how leveraged is Ping An Insurance Group Co of China Ltd's balance sheet to measure how much of total assets are equity-financed.
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 |
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About Ping An Insurance Group Co 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