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 CHL net asset quality score to measure how much of total assets are equity-financed.
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. Check CHL tangible net assets ratio to evaluate the tangible quality of the company's equity base.
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 stock market capitalisation.
| 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 | — |