China Life Insurance Company Limited Working Capital to Net Assets Ratio
China Life Insurance Company Limited 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. Check China Life Insurance Company Limited tangible net worth 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 Life Insurance Company Limited (2013–2021)
Working capital to net assets ratio of China Life Insurance Company Limited from 2013 to 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 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
China Life Insurance Company Limited Working Capital to Net Assets Ratio by Year (2013–2021)
China Life Insurance Company Limited working capital to net assets ratio by year from 2013 to 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 the complete balance sheet picture, see China Life Insurance Company Limited balance sheet assets.
| 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 | — |