New China Life Insurance Co Ltd (601336) — Working Capital to Net Assets Ratio
New China Life Insurance Co Ltd (601336) has a Working Capital to Net Assets ratio of -227.8% as of December 2024. Working capital of CN¥-219.28 Billion (current assets of CN¥8.84 Billion minus current liabilities of CN¥228.12 Billion) is measured against net assets of CN¥96.27 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of New China Life Insurance Co Ltd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
New China Life Insurance Co Ltd Working Capital to Net Assets (2008–2024)
This chart shows how New China Life Insurance Co Ltd's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of December 2024, the ratio stands at -227.8%, reflecting working capital of CN¥-219.28 Billion against net assets of CN¥96.27 Billion CNY. Check New China Life Insurance Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for New China Life Insurance Co Ltd (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for New China Life Insurance Co Ltd from 2008 to 2024, covering 17 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 601336 market cap.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -227.8% | CN¥-219.28 Billion | CN¥96.27 Billion | CN¥8.84 Billion | CN¥228.12 Billion | ▼ -97.6 pp |
| 2023 | -130.1% | CN¥-136.75 Billion | CN¥105.09 Billion | CN¥21.79 Billion | CN¥158.54 Billion | ▼ -506.4 pp |
| 2022 | 376.2% | CN¥387.18 Billion | CN¥102.91 Billion | CN¥393.24 Billion | CN¥6.06 Billion | ▲ +67.3 pp |
| 2021 | 308.9% | CN¥335.24 Billion | CN¥108.51 Billion | CN¥418.90 Billion | CN¥83.67 Billion | ▼ -116.9 pp |
| 2020 | 425.8% | CN¥432.96 Billion | CN¥101.68 Billion | CN¥439.70 Billion | CN¥6.74 Billion | ▼ -39.7 pp |
| 2019 | 465.5% | CN¥393.14 Billion | CN¥84.46 Billion | CN¥399.06 Billion | CN¥5.92 Billion | ▲ +1.9 pp |
| 2018 | 463.6% | CN¥304.11 Billion | CN¥65.60 Billion | CN¥309.89 Billion | CN¥5.78 Billion | ▼ -47.6 pp |
| 2017 | 511.3% | CN¥325.79 Billion | CN¥63.72 Billion | CN¥329.20 Billion | CN¥3.41 Billion | ▲ +13.5 pp |
| 2016 | 497.7% | CN¥294.27 Billion | CN¥59.12 Billion | CN¥297.44 Billion | CN¥3.17 Billion | ▲ +101.9 pp |
| 2015 | 395.8% | CN¥228.94 Billion | CN¥57.84 Billion | CN¥230.66 Billion | CN¥1.72 Billion | ▲ +9.6 pp |
| 2014 | 386.3% | CN¥186.81 Billion | CN¥48.36 Billion | CN¥188.17 Billion | CN¥1.37 Billion | ▲ +21.8 pp |
| 2013 | 364.5% | CN¥143.31 Billion | CN¥39.32 Billion | CN¥144.33 Billion | CN¥1.01 Billion | ▲ +62.6 pp |
| 2012 | 301.9% | CN¥108.32 Billion | CN¥35.88 Billion | CN¥109.14 Billion | CN¥822.00 Million | ▲ +29.4 pp |
| 2011 | 272.5% | CN¥85.33 Billion | CN¥31.31 Billion | CN¥85.86 Billion | CN¥530.00 Million | ▼ -1264.6 pp |
| 2010 | 1537.1% | CN¥101.03 Billion | CN¥6.57 Billion | CN¥101.43 Billion | CN¥397.00 Million | ▲ +85.1 pp |
| 2009 | 1452.0% | CN¥61.61 Billion | CN¥4.24 Billion | CN¥61.95 Billion | CN¥341.00 Million | ▼ -1609.4 pp |
| 2008 | 3061.5% | CN¥42.49 Billion | CN¥1.39 Billion | CN¥42.73 Billion | CN¥242.00 Million | — |