China Reinsurance (Group) Corporation (C53) — Working Capital to Net Assets Ratio

Latest as of June 2023: 113.3%

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. See financial flexibility index of China Reinsurance (Group) Corporation to measure the company's free cash flow as a share of total liabilities.

WC/NA Ratio

113.3%
Working Capital / Net Assets

Working Capital

€113.62 Billion
EUR

Current Assets

€163.99 Billion
EUR

Current Liabilities

€50.37 Billion
EUR

China Reinsurance (Group) Corporation Working Capital to Net Assets (2017–2022)

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 China Reinsurance (Group) Corporation liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Working Capital to Net Assets for China Reinsurance (Group) Corporation (2017–2022)

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 live market cap and the full company profile, see C53 market cap overview.

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
pp = percentage points