China Life Insurance Company Limited (CHL) — Working Capital to Net Assets Ratio
China Life Insurance Company Limited (CHL) has a Working Capital to Net Assets ratio of 31.2% as of September 2023. Working capital of €141.01 Billion (current assets of €560.62 Billion minus current liabilities of €419.61 Billion) is measured against net assets of €451.47 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of China Life Insurance Company Limited to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
China Life Insurance Company Limited Working Capital to Net Assets (2013–2021)
This chart shows how China Life Insurance Company Limited's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2013 to 2021. As of September 2023, the ratio stands at 31.2%, reflecting working capital of €141.01 Billion against net assets of €451.47 Billion EUR. See CHL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for China Life Insurance Company Limited (2013–2021)
The table below presents the year-by-year Working Capital to Net Assets ratio for China Life Insurance Company Limited from 2013 to 2021, covering 9 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 CHL market cap overview.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2021 | -31.3% | €-152.23 Billion | €486.66 Billion | €379.76 Billion | €531.99 Billion | ▲ +15.1 pp |
| 2020 | -46.4% | €-211.91 Billion | €456.93 Billion | €304.59 Billion | €516.49 Billion | ▲ +7.7 pp |
| 2019 | -54.1% | €-221.32 Billion | €409.34 Billion | €275.77 Billion | €497.09 Billion | ▲ +20.7 pp |
| 2018 | -74.7% | €-241.58 Billion | €323.29 Billion | €280.72 Billion | €522.30 Billion | ▼ -43.2 pp |
| 2017 | -31.5% | €-102.41 Billion | €325.31 Billion | €307.82 Billion | €410.23 Billion | ▼ -19.3 pp |
| 2016 | -12.2% | €-37.39 Billion | €307.65 Billion | €400.27 Billion | €437.66 Billion | ▲ +18.3 pp |
| 2015 | -30.4% | €-99.28 Billion | €326.21 Billion | €310.61 Billion | €409.90 Billion | ▲ +12.5 pp |
| 2014 | -43.0% | €-123.42 Billion | €287.33 Billion | €177.44 Billion | €300.86 Billion | ▲ +1.5 pp |
| 2013 | -44.4% | €-98.91 Billion | €222.59 Billion | €119.59 Billion | €218.49 Billion | — |