New China Life Insurance Co Ltd Working Capital to Net Assets Ratio
New China Life Insurance Co Ltd 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. Check tangible net worth ratio of New China Life Insurance Co Ltd 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 New China Life Insurance Co Ltd (2008–2024)
Working capital to net assets ratio of New China Life Insurance Co Ltd from 2008 to 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. See 601336 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
New China Life Insurance Co Ltd Working Capital to Net Assets Ratio by Year (2008–2024)
New China Life Insurance Co Ltd working capital to net assets ratio by year from 2008 to 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 the complete balance sheet picture, see 601336 asset base.
| 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 | — |