Ping An Insurance Group Co of China Ltd (601318) — Working Capital to Net Assets Ratio
Ping An Insurance Group Co of China Ltd (601318) has a Working Capital to Net Assets ratio of 120.3% as of June 2023. Working capital of CN¥1.49 Trillion (current assets of CN¥3.60 Trillion minus current liabilities of CN¥2.11 Trillion) is measured against net assets of CN¥1.24 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Ping An Insurance Group Co of China Ltd (601318) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ping An Insurance Group Co of China Ltd Working Capital to Net Assets (2015–2022)
This chart shows how Ping An Insurance Group Co of China Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2015 to 2022. As of June 2023, the ratio stands at 120.3%, reflecting working capital of CN¥1.49 Trillion against net assets of CN¥1.24 Trillion CNY. For the complete balance sheet picture, see Ping An Insurance Group Co of China Ltd assets under control.
Annual Working Capital to Net Assets for Ping An Insurance Group Co of China Ltd (2015–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ping An Insurance Group Co of China Ltd from 2015 to 2022, covering 8 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. Check 601318 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 65.9% | CN¥781.95 Billion | CN¥1.19 Trillion | CN¥2.97 Trillion | CN¥2.19 Trillion | ▼ -5.3 pp |
| 2021 | 71.2% | CN¥767.79 Billion | CN¥1.08 Trillion | CN¥2.66 Trillion | CN¥1.89 Trillion | ▲ +25.7 pp |
| 2020 | 45.5% | CN¥449.43 Billion | CN¥987.90 Billion | CN¥2.50 Trillion | CN¥2.05 Trillion | ▼ -24.1 pp |
| 2019 | 69.6% | CN¥593.60 Billion | CN¥852.37 Billion | CN¥2.11 Trillion | CN¥1.51 Trillion | ▲ +91.3 pp |
| 2018 | -21.7% | CN¥-148.10 Billion | CN¥683.64 Billion | CN¥1.73 Trillion | CN¥1.88 Trillion | ▲ +35.6 pp |
| 2017 | -57.3% | CN¥-336.73 Billion | CN¥587.92 Billion | CN¥1.30 Trillion | CN¥1.63 Trillion | ▼ -1.0 pp |
| 2016 | -56.3% | CN¥-273.73 Billion | CN¥486.46 Billion | CN¥1.21 Trillion | CN¥1.49 Trillion | ▼ -75.2 pp |
| 2015 | 18.9% | CN¥78.29 Billion | CN¥413.57 Billion | CN¥1.05 Trillion | CN¥971.00 Billion | — |