China Reinsurance (Group) Corporation Working Capital to Net Assets Ratio
China Reinsurance (Group) Corporation working capital to net assets ratio. China Reinsurance (Group) Corporation (C53) has a Working Capital to Net Assets ratio of 113.3% as of June 2023. Working capital of €113.62 Billion (current assets of €163.99 Billion minus current liabilities of €50.37 Billion) is measured against net assets of €100.28 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check China Reinsurance (Group) Corporation (C53) tangible equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of China Reinsurance (Group) Corporation (2017–2022)
Working capital to net assets ratio of China Reinsurance (Group) Corporation from 2017 to 2022. This chart shows how China Reinsurance (Group) Corporation's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2017 to 2022. As of June 2023, the ratio stands at 113.3%, reflecting working capital of €113.62 Billion against net assets of €100.28 Billion EUR. See C53 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
China Reinsurance (Group) Corporation Working Capital to Net Assets Ratio by Year (2017–2022)
China Reinsurance (Group) Corporation working capital to net assets ratio by year from 2017 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for China Reinsurance (Group) Corporation from 2017 to 2022, covering 6 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see C53 current and non-current assets.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 68.7% | €65.03 Billion | €94.67 Billion | €144.27 Billion | €79.25 Billion | ▲ +66.4 pp |
| 2021 | 2.3% | €2.32 Billion | €102.59 Billion | €177.35 Billion | €175.03 Billion | ▲ +18.2 pp |
| 2020 | -16.0% | €-16.43 Billion | €102.90 Billion | €150.30 Billion | €166.74 Billion | ▼ -18.8 pp |
| 2019 | 2.8% | €2.71 Billion | €96.98 Billion | €152.32 Billion | €149.61 Billion | ▼ -1.5 pp |
| 2018 | 4.3% | €3.72 Billion | €87.25 Billion | €130.52 Billion | €126.80 Billion | ▲ +22.4 pp |
| 2017 | -18.1% | €-13.65 Billion | €75.37 Billion | €74.95 Billion | €88.60 Billion | — |